Finelistings Technologies Limited IPO
Finelistings Technologies Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹123 per share. The stock debuted at ₹127, delivering a listing gain of 3.3%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,23,000.
Finelistings Technologies Limited IPO
- IPO Dates
- May 7, 2024 – May 9, 2024
- Price band
- ₹123 per equity share
- Minimum Investment
- ₹1,23,000
- Issue size
- ₹13.53 Cr
- Lot size
- 1000
- Allotment Date
- May 10, 2024
- Listing
- May 14, 2024
- Listing At
- BSE SME
IPO timeline
-
May 7, 2024
Open Date
Completed
-
May 9, 2024
Close Date
Completed
-
May 10, 2024
Allotment Date
Completed
-
May 14, 2024
Listing Date
Completed
Finelistings Technologies Limited IPO Essentials
Finelistings Technologies Limited IPO Details
Finelistings Technologies Limited IPO is priced at ₹123 per share with a total issue size of 13.53 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹123 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,100,000 shares(aggregating up to ₹13.53 Cr)
- Total issue size
- 11,00,000 shares
(aggregating up to ₹13.53 crore) - Fresh issue
- 11,00,000 shares
(aggregating up to ₹13.53 crore) - Listing at
- BSE SME
- List price
- 127.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 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 | 1000 | ₹1,23,000 |
| Retail(max) | 1 | 1000 | ₹1,23,000 |
| NII (min) | 2 | 2,000 | ₹2,46,000 |
Finelistings Technologies Limited IPO Reservation
Finelistings Technologies Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,100,000 shares, approximately 47.36% for retail investors, and 5.27% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 58,000 (5.27%) | |
| Retail Shares Offered | 521,000 (47.36%) | |
| Total Shares Offered | 1,100,000 (100%) |
Finelistings Technologies Limited IPO Analytics
Finelistings Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Finelistings Technologies Limited IPO Subscription Status
Finelistings Technologies 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 | 521,000 | 521,000 | 1,042,000 |
|
Day 1
07-05-24 06:00 PM
|
(0.60) x | 3.29 x | 1.94 x |
|
Day 2
08-05-24 06:00 PM
|
(2.31) x | 11.63 x | 6.97 x |
|
Day 3
09-05-24 06:00 PM
|
(36.03) x | 38.96 x | 37.49 x |
Finelistings Technologies Limited Valuations
Earnings
- EPS Pre IPO
- ₹7.05/-
- EPS Post IPO
- ₹10.16/-
- P/E Pre IPO
- 17.44
- P/E Post IPO
- 12.1
Returns
- ROE
- 43.16%
- ROCE
- 21.73%
- RoNW
- 44.05%
- PAT Margin
- 19.65
Fundamentals
- Price / Book
- 8.87
Finelistings Technologies Limited Financials( In Lakhs)
| 29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 968.92 | 1,015.99 | 154.33 |
| Revenue | 1,359.97 | 1,390.62 | 694.32 |
| Profit After Tax | 276.99 | 178.92 | -8.33 |
Finelistings Technologies Limited Company & Offer Insights
About Finelistings Technologies Limited
Incorporated in 2018, Finelistings Technologies Limited is an enterprise involved in several business activities, namely (a) retail of used luxury cars and (b) software development services.
1. Retail of used luxury cars: In this business segment, the Company retails used premium and high-end luxury vehicles, with an average selling price of ₹ 40.00 lakhs. The vehicle types sold include sedans, sports cars, SUVs, and convertibles. After-sales services and repairs are provided through associated service centers. The company also assists its buyers in obtaining financings from other financiers, as well as third-party financing sources. The company officially began its journey and launched its showroom under the Finecars brand in August 2022 at Ambience Mall, Vasant Kunj, NCR.
2. Software development service: In this paradigm, the business provides cloud-related services, as well as services in IT consultancies, ranging from big data analytics, cloud architectures, data engineering, IoT, and solutions comprising business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.
As at October 31, 2023, a total of 5 employees working for the firm.
Finelistings Technologies Limited Promoter(s)
Aneesh Mathur, Arjun Singh Rajput are the company's promoters of Finelistings Technologies Limited.
Finelistings Technologies Limited IPO Issue Objectives
- •
- Purchase of Software
- •
- To meet working capital requirements
- •
- General Corporate Purpose.
Finelistings Technologies Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Finelistings Technologies Limited | 8.78 | 8.78 | 13.87 | 14.04 | 50.85 | 8.87 | Standalone |
| CarTrade Tech Limited | 7.28 | 6.71 | 454.48 | 92.73 | 1.6 | 1.58 | Standalone |
| Cambridge Technology Enterprises Limited | 4.15 | 4.15 | 50.32 | 16.56 | 8.27 | 1.82 | Standalone |
| Globalspace Technology Limited | 0.46 | 0.46 | 31.47 | 48.39 | 1.44 | 0.68 | Standalone |
Notes:
- The figures for Finelistings Technologies Limited are based on the restated standalone financial statements for the year ended March 31, 2023.
- Considering the nature and size of the business of Finelistings Technologies Limited, the peers are not strictly comparable. However, the above companies are included for broad comparison.
- The P/E Ratio for the peer companies has been computed based on the closing market price of respective equity shares as on November 21, 2023, divided by the Basic/Diluted EPS as applicable.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Return on Net Worth (RoNW) is computed as net profit after tax (excluding comprehensive income), divided by closing net worth.
- Net worth is computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves).
Contact Information
Contact Details
Finelistings Technologies Limited
+91 93551 11911
G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi - 110070
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Finelistings Technologies Limited IPO is a Fixed Priced IPO worth ₹13.53 crore. The issue price is ₹123 per share (fixed price). The IPO opens on May 7, 2024 and closes on May 9, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Finelistings Technologies Limited IPO is ₹123 per share (fixed price).
The lot size of Finelistings Technologies Limited IPO is 1000 shares.
The minimum investment for Finelistings Technologies Limited IPO is approximately ₹1,23,000 based on the issue price .
Finelistings Technologies Limited IPO opens on May 7, 2024 and closes on May 9, 2024.
The allotment date of Finelistings Technologies Limited IPO is May 10, 2024.
Finelistings Technologies Limited IPO is expected to be listed on May 14, 2024, on BSE SME Platform.
Finelistings Technologies Limited IPO valuation snapshot: P/E 12.1, EPS ₹10.16/-, P/B 8.87, RoNW 44.05%, and market cap N/A.
To apply for Finelistings Technologies 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 Finelistings Technologies 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 Finelistings Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Finelistings Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Finelistings Technologies Limited IPO allotment status on IPO Ji for quick and easy access.