Canarys Automations Limited IPO
Canarys Automations Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹29–₹31 per share. The stock debuted at ₹43.45, delivering a listing gain of 40.2%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,24,000.
Canarys Automations Limited IPO
- IPO Dates
- Sep 27, 2023 – Oct 3, 2023
- Price band
- ₹29-31 per equity share
- Minimum Investment
- ₹1,24,000
- Issue size
- 15,172,000 shares(aggregating up to ₹47.03 Cr)
- Lot size
- 4000
- Allotment Date
- Oct 6, 2023
- Listing
- Oct 11, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 27, 2023
Open Date
Completed
-
Oct 3, 2023
Close Date
Completed
-
Oct 6, 2023
Allotment Date
Completed
-
Oct 11, 2023
Listing Date
Completed
Canarys Automations Limited IPO Essentials
Canarys Automations Limited IPO Details
Canarys Automations Limited IPO is priced at ₹29-31 per share with a total issue size of 15,172,000 shares(aggregating up to ₹47.03 Cr). The IPO has a lot size of 4000 shares and is listed on NSE SME.
- Issue price
- ₹29-31 per equity share
- Lot size
- 4000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 15,172,000 shares(aggregating up to ₹47.03 Cr)
- Listing at
- NSE SME
- List price
- 43.45
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Indorient Financial Services Ltd
Canarys Automations Limited IPO Details
- Retail Portion 35%
Canarys Automations Limited IPO Documents
Canarys Automations Limited IPO Analytics
Canarys Automations Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Canarys Automations Limited IPO Subscription Status
Canarys Automations 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 |
|---|---|---|---|
| Day 1 - 27-09-23 05:00 PM | (0.00/0.38) x | 0.43 x | 0.30 x |
|
Day 2
28-09-23 05:00 PM
|
(0.00/0.18) x | 0.85 x | 0.45 x |
|
Day 3
29-09-23 05:00 PM
|
(0.00/0.59) x | 1.89 x | 1.05 x |
|
Day 4
03-10-23 05:00 PM
|
(1.98/18.42) x | 11.70 x | 9.55 x |
Canarys Automations Limited Valuations
Earnings
- EPS (Post IPO)
- ₹4.29/-
Returns
- RoNW
- 31.64%
Canarys Automations Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 6,377.89 | 4,753.57 | 2,003.04 |
| Revenue | 7,547.28 | 5,199.93 | 2,578.22 |
| Profit After Tax | 852.51 | 455.81 | 210.42 |
Canarys Automations Limited Company & Offer Insights
About Canarys Automations Limited
Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence.
The company has two business verticals:
1. Technology solutions: This includes a multiple array of consulting solutions in Digitalization, Modernization, Cloudification, Automation, Transformation, and Intelligence. Technology expertise includes DevOps Consulting (Azure, GitHub, Atlassian, GitLab, etc.), Cloud Consulting (Azure, AWS, GCP), Digital Enterprise Solutions using SAP, MS Dynamics 365, RPA, Digital Applications, and Mobility Solutions.
2. Water Resource Management Solution: This involves automation solutions to modernize irrigation water conservation and improve water use efficiency, Turnkey flood risk assessment and mitigation, cloud-based water utilization process automation for water sharing in rivers and canals, and SCADA gate control systems.
Canarys Automations' solutions span across various industry sectors, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance, and more.
The company has provided business applications to over 1000 customers. Besides India, the company has serviced customers from more than 10 countries. These include USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Srilanka and Indonesia. These customers come from diverse industries.
Canarys Automations Limited Promoter(s)
Mr. Metikurke Ramaswamy Raman Subbarao, Mr. Danavadi Krishnamurthy Arun, Mr. Raghu Chandrashekhariah, Mr. Sheshadri Yedavanahalli Srinivas, Mr. Pushparaj Shetty and Mr. Nagaraju Vineeth are the company's promoters of Canarys Automations Limited.
Canarys Automations Limited IPO Issue Objectives
- •
- Funding of expenditure relating to solutions development for digital transformation and water resources management solutions.
- •
- Creation of a new delivery center including infrastructure thereof and upgrading existing facilities.
- •
- Funding working capital requirements of the Company.
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Canarys Automations Limited IPO is a book-built IPO worth ₹15,172,000 shares(aggregating up to ₹47.03 Cr). The price band is ₹29–₹31 per share. The IPO opens on Sep 27, 2023 and closes on Oct 3, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Canarys Automations Limited IPO is ₹29 to ₹31 per share.
The lot size of Canarys Automations Limited IPO is 4000 shares.
The minimum investment for Canarys Automations Limited IPO is approximately ₹1,24,000 based on the upper price band .
Canarys Automations Limited IPO opens on Sep 27, 2023 and closes on Oct 3, 2023.
The allotment date of Canarys Automations Limited IPO is Oct 6, 2023.
Canarys Automations Limited IPO is expected to be listed on Oct 11, 2023, on NSE SME Platform.
Canarys Automations Limited IPO valuation snapshot: P/E N/A, EPS ₹4.29/-, P/B N/A, RoNW 31.64%, and market cap N/A.
To apply for Canarys Automations 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 Canarys Automations 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 Canarys Automations Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Canarys Automations Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Canarys Automations Limited IPO allotment status on IPO Ji for quick and easy access.