Brisk Technovision Limited IPO
Brisk Technovision Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹156 per share. The stock debuted at ₹175, delivering a listing gain of 12.2%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,24,800.
Brisk Technovision Limited IPO
- IPO Dates
- Jan 23, 2024 – Jan 25, 2024
- Price band
- ₹156 per equity share
- Minimum Investment
- ₹1,24,800
- Issue size
- ₹12.48 Cr
- Lot size
- 800
- Allotment Date
- Jan 29, 2024
- Listing
- Jan 31, 2024
- Listing At
- BSE SME
IPO timeline
-
Jan 23, 2024
Open Date
Completed
-
Jan 25, 2024
Close Date
Completed
-
Jan 29, 2024
Allotment Date
Completed
-
Jan 31, 2024
Listing Date
Completed
Brisk Technovision Limited IPO Essentials
Brisk Technovision Limited IPO Details
Brisk Technovision Limited IPO is priced at ₹156 per share with a total issue size of 12.48 crore. The IPO has a lot size of 800 shares and is listed on BSE SME.
- Issue price
- ₹156 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- OFS : 800,000 shares(aggregating up to ₹12.48 Cr)
- Total issue size
- 8,00,000 shares
(aggregating up to ₹12.48 crore) - Offer for sale (OFS)
- 8,00,000 shares
(aggregating up to ₹12.48 crore) - Listing at
- BSE SME
- List price
- 175.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Sun Capital Advisory Services (P) Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,24,800 |
| Retail(max) | 1 | 800 | ₹1,24,800 |
| NII (min) | 2 | 1,600 | ₹2,49,600 |
Brisk Technovision Limited IPO Reservation
Brisk Technovision Limited IPO reservation details show category-wise allocation of shares. Out of the total 800,000 shares, approximately 47.5% for retail investors, and 5% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 40,000 (5%) | |
| Retail Shares Offered | 380,000 (47.5%) | |
| Total Shares Offered | 800,000 (100%) |
Brisk Technovision Limited IPO Analytics
Brisk Technovision Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Brisk Technovision Limited IPO Subscription Status
Brisk Technovision Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 380,000 | 380,000 | 760,000 |
|
Day 1
23-01-24 06:00 PM
|
(0.97) x | 2.29 x | 1.63 x |
|
Day 2
24-01-24 06:00 PM
|
(2.01) x | 6.21 x | 4.11 x |
|
Day 3
25-01-24 06:00 PM
|
(58.42) x | 35.60 x | 47.01 x |
Brisk Technovision Limited Valuations
Earnings
- EPS Pre IPO
- ₹9.95/-
- EPS Post IPO
- ₹15.25/-
- P/E Pre IPO
- 15.69
- P/E Post IPO
- 10.23
Returns
- ROE
- 41.56%
- ROCE
- 54.71%
- RoNW
- 41.56%
Fundamentals
- Debt / Equity
- 0.03
- Price / Book
- 6.52
Brisk Technovision Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 679.73 | 661.82 | 562.52 |
| Revenue | 1,840.30 | 2,207.63 | 1,691.02 |
| Profit After Tax | 198.90 | 109.54 | 14.51 |
| Net Worth | 478.54 | 307.64 | 198.07 |
| Reserves & Surplus | 278.54 | 107.64 | 197.07 |
Brisk Technovision Limited Company & Offer Insights
About Brisk Technovision Limited
Brisk Technovision Limited, incorporated in March 2007, is a company specializing in providing information technology solutions to corporate clients in India.
The Company's business operations are mainly offering third-party hardware products like servers, desktops, personal computers, and laptops, as well as third-party software, to Indian corporate customers. In addition to this, they also offer design, supply, and installation of data centers, enterprise networking management, email management, system integration, and AMC for hardware and system maintenance, monitoring, and managed services. In the last three years of financial reports, the company has been shifting towards more service offerings.
Till November 30, 2023, the company had 119 staff to carry on day-to-day business functions including administration, legal, secretarial, and account handling according to the respective work assignment.
Some of the significant clients of the company include Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.
The company has received two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These are certified by ISO standards ISO 9001:2015 and 20000:2013, respectively.
As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
Brisk Technovision Limited Promoter(s)
Sankarnarayanan Ramasubramanian, Ganapati Chittaranjan Kenakre are the company's promoters of Brisk Technovision Limited.
Brisk Technovision Limited IPO Issue Objectives
- •
- The company will not receive any proceeds from the Offer, and all such proceeds will go to the Selling Shareholders. The company expects that listing of the Equity Shares will have several positive effects, including enhancing the visibility and brand image. Moreover, it is anticipated that it will boost the company's goodwill and provide liquidity to the Shareholders and will also provide a public market for the Equity Shares in India.
Contact Information
Contact Details
Brisk Technovision Limited
022 2577 5648
135, Damji Shamji Industrial Premises CHS Limited, LBS Marg, Vikhroli (West), Mumbai-400083
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Brisk Technovision Limited IPO is a Fixed Priced IPO worth ₹12.48 crore. The issue price is ₹156 per share (fixed price). The IPO opens on Jan 23, 2024 and closes on Jan 25, 2024. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Brisk Technovision Limited IPO is ₹156 per share (fixed price).
The lot size of Brisk Technovision Limited IPO is 800 shares.
The minimum investment for Brisk Technovision Limited IPO is approximately ₹1,24,800 based on the issue price .
Brisk Technovision Limited IPO opens on Jan 23, 2024 and closes on Jan 25, 2024.
The allotment date of Brisk Technovision Limited IPO is Jan 29, 2024.
Brisk Technovision Limited IPO is expected to be listed on Jan 31, 2024, on BSE SME Platform.
Brisk Technovision Limited IPO valuation snapshot: P/E 10.23, EPS ₹15.25/-, P/B 6.52, RoNW 41.56%, and market cap N/A.
To apply for Brisk Technovision Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Brisk Technovision Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Brisk Technovision Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Brisk Technovision Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Brisk Technovision Limited IPO allotment status on IPO Ji for quick and easy access.