Precision Metaliks Limited IPO
NSE SMEListed On: Feb 1, 2022 at ₹ 75.0
₹ 204000 /4000 Shares
*Min Investment
19 Jan, 2022
Open Date24 Jan, 2022
Close Date31 Jan, 2022
Allotment Date01 Feb, 2022
Listing DateIPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr)
- Listing at NSE SME
- List Price 75.0
- Listing Date 2022-02-01
- Lead Manager First Overseas Capital Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Precision Metaliks Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jan 19, 2022 to Jan 24, 2022. The allotment is expected to be finalized on Jan 31, 2022, and the tentative listing date is Feb 1, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,042,000 | 2,042,000 | 4,084,000 |
Day 1 19-01-22 05:30 PM | 0.15 x | 2.18 x | 1.16 x |
Day 2 20-01-22 05:30 PM | 0.41 x | 4.31 x | 2.36 x |
Day 3 21-01-22 05:30 PM | 0.49 x | 6.45 x | 3.47 x |
Day 4 24-01-22 05:30 PM | 2.81 x | 11.90 x | 7.36 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 21.47 | 13.67 | 3.02 |
| Revenue | 49.24 | 22.17 | 0.55 |
| Profit After Tax | 1.49 | 0.82 | N/A |
About Company
Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.Automated cleaning of Aluminium chips + briquetting into Ingots.Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.
Read More- Promoter(s)
Abhishek Business Pvt Ltd
Jayanthi Roja Ramani
Pre Issue Share Holding : 79.70%
Post Issue Share Holding : 58.62%
IPO - Issue Objectives
IPO - FAQs
Ans. Precision Metaliks Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 19, 2022, and closes on Jan 24, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Precision Metaliks Limited IPO opens on Jan 19, 2022 and closes on Jan 24, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Precision Metaliks Limited IPO is 4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr).
Ans. The Precision Metaliks Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Precision Metaliks Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Precision Metaliks Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Precision Metaliks Limited IPO is Jan 31, 2022.
Ans. The Precision Metaliks Limited IPO will be listed on Feb 1, 2022.
Ans. Follow the steps to check the Precision Metaliks Limited IPO allotment status online.
