Presstonic Engineering Limited IPO
NSE SMEListed On: Dec 18, 2023 at ₹ 140.0
₹ 230400 /3200 Shares
*Min Investment
11 Dec, 2023
Open Date13 Dec, 2023
Close Date14 Dec, 2023
Allotment Date18 Dec, 2023
Listing DatePresstonic Engineering Limited IPO Issue Details
- Issue Price ₹72 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,236,800 shares(aggregating up to ₹23.30 Cr)
- Listing at NSE SME
- List Price 140.0
- Listing Date 2023-12-18
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
Presstonic Engineering Limited IPO Details
- Retail Portion 50%
Presstonic Engineering Limited IPO Details
Presstonic Engineering Limited IPO is an SME IPO, priced at ₹72 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 Dec 11, 2023 to Dec 13, 2023. The allotment is expected to be finalized on Dec 14, 2023, and the tentative listing date is Dec 18, 2023.
The registrar of the IPO is Cameo Corporate Services Limited, and
Presstonic Engineering Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,537,600 | 1,536,000 | 3,073,600 |
Day 1 11-12-23 06:00 PM | 5.89 x | 27.86 x | 16.88 x |
Day 2 12-12-23 06:00 PM | 21.73 x | 78.16 x | 49.96 x |
Day 3 13-12-23 06:00 PM | 133.79 x | 188.51 x | 161.16 x |
Presstonic Engineering Limited Valuations
Presstonic Engineering Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,737.68 | 2,496.71 | 2,386.97 |
| Revenue | 2,113.27 | 1,272.21 | 769.44 |
| Profit After Tax | 256.14 | 14.06 | -16.94 |
About Presstonic Engineering Limited Company
Presstonic Engineering Limited is a company that specializes in manufacturing products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure. These products are supplied to both Global and Domestic OEMs engaged in manufacturing and servicing Rail and Metro Rail Rolling Stock and Signalling equipment.
The manufacturing facility spans over 28,317.50 sq.ft. and is equipped with the latest machinery, equipment, and instruments capable of manufacturing diverse products for railways and metros.
The company offers a wide range of products, including Rolling Stock Interior Products such as Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels. They also manufacture IP-rated enclosures, beacon mounting brackets, ballastless support brackets, DCS masts, ladder assemblies with DCS mast platforms, Steel Structures, Aluminum Murals, Support Structures for Solar Panels, Wire Forms, and Cable Trays.r Panels, Wire Forms, and Cable Trays.
Presstonic Engineering Limited - Promoter(s)
Mr. Herga Poornachandra Kedilaya
Mr. Yermal Giridhar Rao
Pre Issue Share Holding : 99.97%
Post Issue Share Holding : 57.99%
Presstonic Engineering Limited IPO - Issue Objectives
Funding Capital Expenditure towards the purchase of additional plant and machinery
Prepayment in full of certain borrowings availed by the Company
To meet the Working Capital Requirements
To meet the Issue Expenses
General Corporate Purposes.
Presstonic Engineering Limited IPO - FAQs
Ans. Presstonic Engineering Limited IPO is a SME IPO. The issue is priced at ₹72 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Dec 11, 2023, and closes on Dec 13, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Presstonic Engineering Limited IPO opens on Dec 11, 2023 and closes on Dec 13, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Presstonic Engineering Limited IPO is 3,236,800 shares(aggregating up to ₹23.30 Cr).
Ans. The Presstonic Engineering Limited IPO price band is set between ₹72 per equity share.
Ans. To apply for Presstonic Engineering Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Presstonic Engineering 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 Presstonic Engineering Limited IPO is Dec 14, 2023.
Ans. The Presstonic Engineering Limited IPO will be listed on Dec 18, 2023.
Ans. Follow the steps to check the Presstonic Engineering Limited IPO allotment status online.
