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SME IPO

Earthstahl & Alloys IPO

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Earthstahl-Alloys-IPO-Review

Earthstahl & Alloys IPO | Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps manufactured by the company are then used in the form of raw material to manufacture products like cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products.

The other primary product of the company, i.e., Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes.

The manufacturing unit of Earthstahl & Alloys Limited is located in the village of Duldula nearby Raipur, Chhattisgarh, and is spread across an area of around 4.73 hectares of land.

Alongside the efficient manufacturing and delivery of Cast iron Lumps and Ductile iron pipe fittings, the entity is also expanding its horizon by producing parts or components of plant and machinery with the help of foam molds. These products include Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, and Railway & Ductile Iron Pipes Fittings.

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Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202990.733181.58-33.4944.24200.221733.71
31-Mar-212817.232457.53267.31311.55467.531396.82
31-Mar-223592.614907.54745.481057.031213.011399.97
30-Sep-224303.344824.68580.471637.51793.481092.93
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.)
  2. To meet Working Capital requirements
  3. General Corporate Purpose
  4. To meet issue expenses

Earthstahl & Alloys IPO Details

IPO DateJan 27, 2023 to Jan 31, 2023
Face Value₹10 per share
Price₹38 to ₹40 per share
Lot Size3000 Shares
Issue Size3,240,000 shares of ₹10
(aggregating up to ₹12.96 Cr)
Fresh Issue3,240,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
QIB Shares Offered30% of the Net Issue
NII (HNI) Shares Offered35% of the Net Issue
Retail Shares Offered35% of the Net Issue
Market MakerHEM SECURITIES LTD.
Company PromotersRavi Thakurdasji Laddha, Rajesh Somani, Prawin Somani and Padam Kumar Jain are the promoters of the company.

Earthstahl & Alloys IPO Tentative Timetable

Earthstahl & Alloys IPO opens on Jan 27, 2023, and closes on Jan 31, 2023. The Earthstahl & Alloys IPO bid date is from Jan 27, 2023 10.00 A.M. to Jan 31, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 27, 2023
Closing DateJan 31, 2023
Basis of AllotmentFeb 3, 2023
Initiation of RefundsFeb 6, 2023
Credit of Shares to DematFeb 7, 2023
Listing DateFeb 8, 2023

Earthstahl & Alloys IPO Lot Size

The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

ApplicationLotsSharesAmount
Retail (Min)13000₹120,000
Retail (Max)13000₹120,000
HNI (Min)26,000₹240,000

Earthstahl & Alloys IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.53%

Earthstahl & Alloys IPO Prospectus

Company Contact Information

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: [email protected]
Websitehttp://www.earthstahl.com/

Earthstahl & Alloys IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

Earthstahl & Alloys IPO Lead Manager(s)

  1. Hem Securities Limited 
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SME IPO

Krishca Strapping Solutions IPO

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Krishca Strapping Solutions IPO

Krishca Strapping Solutions IPO | Incorporated in 2017, Krishca Strapping Solutions Limited is a manufacturer and wholesaler of Strapping Tools and Strapping Seal.

The company has a manufacturing facility in Chennai with a capacity of 18,000 MT of steel straps and 80 million Seals per annum.

Krishca Strapping Solutions’ product range includes:

  • PLC Controlled automatic production line.
  • Automated heat treatment process-Uniform grain structure.
  • Pollution-free production process – Lead-free.
  • Super Jumbo coils upto 500 Kg

The steel strap quality requirements of the company are in compliance with American, European, and Indian standards. That is IS 5872:1990 – Cold rolled steel straps (box strappings) specification; ASTM D-3953 – Standard Specification for Strapping, Flat Steel and Seals; and BS EN 13246:2001 – Packaging.

Krishca Strapping Solutions has a team of 50 employees working for them.

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Krishca Strapping Solutions IPO Details

IPO Date
Face Value₹10 per share
Price[.] to [.] per share
Lot Size
Total Issue Size3,320,000 shares
(aggregating up to ₹[.] Cr)
Fresh Issue3,320,000 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Krishca Strapping Solutions IPO Reservation

QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20915.7598.15-223.9264.34-237.02827.36
31-Mar-211,292.02971.05-67.25-120.28-421.641,337.48
31-Mar-221,544.001,871.71150.54159.51-340.49939.28
15-Feb-232,696.966,351.23785.75945.26445.261,193.01
Amount in ₹ Lakhs

Krishca Strapping Valuations & Margins

FY 2020FY 2021FY 2022
EPS(7.43)(2.33)3.01
PE ratio
RONW (%)(3.48)0.580.94
NAV2.13(3.99)3.19
EBITDA (%)NANA9.22

Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Capital Expenditure for setting up of New Strapping Line
  2. Repayment of certain secured borrowings in full
  3. General corporate expenses and issue expenses

Krishca Strapping Solutions IPO Prospectus

Company Contact Information

Krishca Strapping Solutions Limited
Building 01B,
LOGOS Mappedu Logistics Park Sathara,
Thiruvallur Taluk Thiruvallur District – 631203
Phone: +91-9884111098
Email: [email protected]
Websitehttp://www.krishcastrapping.com/

Krishca Strapping Solutions IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: [email protected]
Websitehttp://www.purvashare.com

Krishca Strapping Solutions IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)
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SME IPO

Innokaiz India IPO

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Innokaiz India IPO

Innokaiz India IPO | Innokaiz India Limited was founded in 2013. It offers event management, business gifting, advertising, and marketing services, both in person and online.

The service model of the company is split into the following groups:

  1. Services for Advertising and Marketing:

Outdoor advertising: The company offers services at outdoor Bus Shelters, Arches, Police Booth, General Booth, Pole Kiosk, Signal Post, Temp Hoarding, Sun Pack flute Board, Backdrop, Banners, Roadshows, Mobile Vans, etc. Backlit Board, Nonlit Board, ACP Pylon, Acrylic Boards, Cutout, Standee, etc. are all types of sign materials.

 SEO, UI/UX, Content Marketing, and Web Development are all a part of digital marketing.

  1. Event Management: The company plans and runs corporate events like meetings, incentive programs, conferences, and exhibitions (MICE). They set up events for Banking, Insurance, Asset Management, and other companies. So far, they have set up over 200 events of different sizes.
  2. Corporate Gifting: The company offers corporate gift vouchers and custom solutions for all events, such as personalization and logo printing based on designs.
  3. E-commerce: The company also sells home appliances, electronic gadgets, mobile phones, laptops, toys, and goods that people need every day through its online store.

The company has done 15,250 Roadshows/Lead Generation and Sales Promotion Activities, which is a World Record.

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Innokaiz India IPO Details

IPO DateApr 28, 2023 to May 3, 2023
Face Value₹10 per share
Price₹76 to ₹78 per share
Lot Size1600 Shares
Total Issue Size2,713,600 shares
(aggregating up to ₹21.17 Cr)
Fresh Issue2,713,600 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME

Innokaiz India IPO Reservation

QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer
Market Maker portion136,000 shares
Anchor Investor Shares Offered772,800

Innokaiz India IPO Anchor Investors Details

Bid DateApr 27, 2023
Shares Offered772,800
Anchor Portion Size (In Cr.)6.03
Anchor lock-in period end date for 50% shares (30 Days)Jun 19, 2023
Anchor lock-in period end date for remaining shares (90 Days)Sep 13, 2023

Innokaiz India IPO Tentative Timetable

Innokaiz India IPO opens on Apr 28, 2023, and closes on May 3, 2023.

EventTentative Date
Opening DateApr 28, 2023
Closing DateMay 3, 2023
Basis of AllotmentMay 8, 2023
Initiation of RefundsMay 9, 2023
Credit of Shares to DematMay 10, 2023
Listing DateMay 11, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Innokaiz India IPO Lot Size

The Innokaiz India IPO lot size is 1600 shares.

ApplicationLotsSharesAmount
Retail (Min)11600₹124,800
Retail (Max)11600₹124,800
HNI (Min)23,200₹249,600

Innokaiz India IPO Promoter Holding

Mr. Balakrishnan Sukumarbalakrishnan is the company promoter.

Pre Issue Share Holding98.00
Post Issue Share Holding71.99

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,568.3813,872.44361.55541.93540.93110.60
31-Mar-213,871.0718,506.21509.151,051.091,050.09103.52
31-Mar-224,972.4728,609.09791.631,842.721,841.72132.17
31-Oct-224,763.1514,883.52610.282,453.001,702.0093.62
Amount in ₹ Lakhs

Innokaiz India Valuations & Margins

FY 2020FY 2021FY 2022
EPS4.816.7810.54
PE ratio7.21 – 7.40
RONW (%)66.7148.4442.96
NAV7.2214.024.54
ROCE (%)79.1463.5056.46
EBITDA (%)3.583.853.85
Debt/Equity0.200.100.07

Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

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  1. Working capital requirements, and
  2. General corporate purposes.

Innokaiz India IPO Prospectus

Company Contact Information

Innokaiz India Limited
Door No. 43, Old No. 22,
Real Enclave, Flat No. 1, 4th Floor,
Josier Street, Nungambakkam, Chennai- 600034
Phone: 044-28250545
Email: [email protected]
Websitehttps://innokaiz.com/

Innokaiz India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttps://www.bigshareonline.com/

Innokaiz India IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance)
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SME IPO

De Neers Tools IPO

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De Neers Tools IPO

De Neers Tools IPO | De Neers Tools Limited has been in business since 1952 and sells tools for industrial use. The company sells spanners, wrenches, pliers, cutters, Allen keys, hammers, sockets, screwdrivers, tool kits, tool cabinets, carts, etc.

“De Neers” is the brand name of the company. At the moment, the company has about 250 dealers all over India.

The company is also known for its safety tools, such as non-sparking tools, insulated steel tools, insulated non-sparking tools, stainless steel and magnetic tools, titanium tools, and many other hand tools.

Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and many other companies are among De Neers Tools’ clients.

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Competitive Strengths:

  • Experienced directors and management team.
  • Distribution system.
  • Quality and safety of products.
  • Repeat orders.
  • Strong supply chain.

De Neers Tools IPO Details

IPO DateApr 28, 2023 to May 3, 2023
Face Value₹10 per share
Price₹95 to ₹101 per share
Lot Size1200 Shares
Total Issue Size2,276,800 shares
(aggregating up to ₹23.00 Cr)
Fresh Issue2,276,800 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

De Neers Tools IPO Reservation

QIB Shares Offered25.04%
NII (HNI) Shares Offered36.92%
Retail Shares Offered38.03%

De Neers Tools IPO Tentative Timetable

De Neers Tools IPO opens on Apr 28, 2023, and closes on May 3, 2023.

EventTentative Date
Opening DateApr 28, 2023
Closing DateMay 3, 2023
Basis of AllotmentMay 8, 2023
Initiation of RefundsMay 9, 2023
Credit of Shares to DematMay 10, 2023
Listing DateMay 11, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

De Neers Tools IPO Lot Size

The De Neers Tools IPO lot size is 1200 shares.

ApplicationLotsSharesAmount
Retail (Min)11200₹121,200
Retail (Max)11200₹121,200
HNI (Min)22,400₹242,400

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-205,570.447,349.6243.94704.24712.87484.58
31-Mar-216,111.286,211.7765.77320.47317.421,147.84
31-Mar-229,933.528,008.68504.422,382.27654.272,435.85
31-Oct-2212,558.145,602.65386.983,044.13411.132,406.42
Amount in ₹ Lakhs

Key Performance Indicator

KPIValues
EPS (Rs)7.97
RoNW (%)21.17

Objects of the Issue

The proceeds from the issue will be used for the following objects:

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1. To meet the working capital requirements of the company.
2. For general corporate purposes and to meet the issue expenses.

Financial Period of De Neers Tools Limited:

  • July 25, 2021 figures are for the Period from 1st April 2021 to 25th July 2021.
  • October 31, 2022 figures are for the Period from 1st April 2022 to 31st October 2022.

De Neers Tools IPO Prospectus

Company Contact Information

De Neers Tools Limited
P.No. 468, Ground Floor,
Industrial Area, Patparganj,
Delhi – 110 092
Phone: 011 47072555
Email: [email protected] eerstools.com
Websitehttps://deneerstools.com/

De Neers Tools IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttps://www.bigshareonline.com/

De Neers Tools IPO Lead Manager(s)

  1. Khambatta Securities Limited (Past IPO Performance)
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SME IPO

Quicktouch Technologies IPO Details

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Quicktouch Technologies IPO Review Details

Quicktouch Technologies IPO | Incorporated in 2013, Quicktouch Technologies Limited is an information technology company. The company does Software IT solutions and Consulting Services, IT Product/Software Development, Software Commercial Training, and Web design.

Quicktouch Technologies Limited’s Web design services include designing and re-designing websites, making iOS, Android, and mobile apps, doing digital marketing, and hosting websites.

Enterprise Resource Planning is what the company does for a living (ERP).

Quicktouch Technologies Limited helps businesses run smoothly and well by using its industry-wide experience, deep technology expertise, comprehensive services portfolio, and strong business model.

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With years of experience, processes, and infrastructure in the field, the entity is expanding its range of services to meet the needs of different business sectors.

Quicktouch Technologies Limited STRENGTH

  • Experienced Promoter and a well-trained employee base
  • Strengthen human capital
  • Quality Policy
  • End-to-end Software Solutions and Support

Quicktouch Technologies IPO Details

IPO DateApr 18, 2023 to Apr 21, 2023
Face Value₹10 per share
Price₹61 per share
Lot Size2000 Shares
Total Issue Size1,530,000 shares
(aggregating up to ₹9.33 Cr)
Fresh Issue1,530,000 shares
(aggregating up to ₹9.33 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Quicktouch Technologies IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market Maker portion78,000 shares (SHARE INDIA SECURITIES LIMITED)

Quicktouch Technologies IPO Tentative Timetable

Quicktouch Technologies IPO opens on Apr 18, 2023, and closes on Apr 21, 2023.

EventTentative Date
Opening DateApr 18, 2023
Closing DateApr 21, 2023
Basis of AllotmentApr 26, 2023
Initiation of RefundsApr 27, 2023
Credit of Shares to DematApr 28, 2023
Listing DateMay 2, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Quicktouch Technologies IPO Lot Size

The Quicktouch Technologies IPO lot size is 2000 shares.

ApplicationLotsSharesAmount
Retail (Min)12000₹122,000
Retail (Max)12000₹122,000
HNI (Min)24,000₹244,000

Quicktouch Technologies IPO Promoter Holding

Mr. Gaurav Jindal and Ms. Madhu are the promoters of the company.

Pre Issue Share Holding89.41%
Post Issue Share Holding65.72%

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20618.94265.9222.64140.6140.6185.56
31-Mar-21673.88728.1252.78193.3993.39132.62
31-Mar-221,686.362,552.73221.15414.54224.5458.82
Amount in ₹ Lakhs

Objects of the Issue

The Company intends to utilize the proceeds of the Issue to meet the following objects:

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  1. To meet the Working Capital requirement of our Company;
  2. Acquisition of business in similar or complementary areas
  3. General Corporate Purposes
  4. Issue related expenses

Quicktouch Technologies Valuations & Margins

FY 2020FY 2021FY 2022
EPS2.265.2822.01
PE ratio2.77
RONW (%)16.1027.2953.35
NAV21.82
ROCE (%)15.1318.7560.35
ROE (%)22.6452.78116.39
Debt/Equity0.610.690.14

Quicktouch Technologies IPO Prospectus

Company Contact Information

Quicktouch Technologies Limited
815, Aggarwal Cyber Plaza-1,
Netaji Subhash Place, Pitampura,
Delhi-110034
Phone: +91 8800166317
Email: [email protected]
Websitehttp://www.quicktouch.co.in/

Quicktouch Technologies IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: [email protected]
Websitehttps://www.skylinerta.com/

Quicktouch Technologies IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)
  2. Khambatta Securities Limited (Past IPO Performance)
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SME IPO

Retina Paints IPO

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Retina Paints IPO Review

Retina Paints IPO | Incorporated in 2010, Retina Paints Limited is engaged in the manufacturing of Decorative Paints like Distempers, Wall Care Products, Primers, Emulsions, etc. After the manufacturing, these products are sold to different Distributors.

Their water-based paints are used for residential as well as commercial buildings. Recently, the company introduced tinting machines to enhance efficiency. The tinting machine comprises a plurality of colorant reservoirs containing a colorant, one or more cleaning fluid supply conduits, and one or more dispenser heads for dispensing colorant into a paint container.

Retina Paints Limited operates on B2B Business Model, where they sell their products to dealers and distributors and thereafter, these dealers sell the products to the end customers.

The company aspires to enlarge its presence and reach all regions of the country and possibly across the country.

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Retina Paints IPO Details

IPO DateApr 19, 2023 to Apr 24, 2023
Face Value₹10 per share
Price₹30 per share
Lot Size4000 Shares
Total Issue Size3,700,000 shares
(aggregating up to ₹11.10 Cr)
Fresh Issue3,700,000 shares
(aggregating up to ₹11.10 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Retina Paints IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market Maker portion188,000 shares (GRETEX SHARE BROKING PVT. LTD.)

Retina Paints IPO Tentative Timetable

Retina Paints IPO opens on Apr 19, 2023, and closes on Apr 24, 2023.

EventTentative Date
Opening DateApr 19, 2023
Closing DateApr 24, 2023
Basis of AllotmentApr 27, 2023
Initiation of RefundsApr 28, 2023
Credit of Shares to DematMay 2, 2023
Listing DateMay 3, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Retina Paints IPO Lot Size

The Retina Paints IPO lot size is 4000 shares.

ApplicationLotsSharesAmount
Retail (Min)14000₹120,000
Retail (Max)14000₹120,000
HNI (Min)28,000₹240,000

Retina Paints IPO Promoter Holding

Mr. Rakesh Dommati and Ms. Rajitha Koyyada are the promoters of the company.

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Pre Issue Share Holding80.70%
Post Issue Share Holding59.28%

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20670.34681.444.6790.8618.86319.10
31-Mar-21986.71685.994.5595.4123.41614.11
31-Mar-221,162.77647.2411.33219.7434.74588.01
30-Nov-222,074.77533.8839.991,240.73728.73433.44
Amount in ₹ Lakhs

Objects of the Issue

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

  1. Working Capital Requirements
  2. General Corporate Purposes.

Retina Paints IPO Prospectus

Company Contact Information

Retina Paints Limited
Block No 2, Floors 2 & 3, Survey No. 184 & 185,
Opp Ganesh Kaman, Phase V, IDA, Cherlapally,
Hyderabad – 500051, Rangareddi
Phone: 7330641515
Email: [email protected]
Websitehttp://www.retinapaints.com/

Retina Paints IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttps://www.bigshareonline.com/

Retina Paints IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance)
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SME IPO

A G Universal IPO

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A G Universal IPO

A G Universal IPO | Incorporated in 2008, A G Universal Limited operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections.

The company makes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils.

Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, SKS Ispat & Power Ltd, and other companies are among A G Universal’s customers.

The company started out as Akshata Polymers Private Limited, which was a polymers (made from oil) business. For its business with petroleum products (polymers, FO, and oils) and imports of polymer products from Korea, China, Saudi Arabia, and other places, the company has made dealership deals with many companies, such as Reliance Industries Ltd.

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The company also invests in properties and shares of companies that are listed and those that are not.

COMPETITIVE STRENGTH

  • Experienced promoters and their trading community connections
  • Quality Policy
  • Strengthen human capital
  • Existing client and supplier relationships

A G Universal IPO Details

IPO DateApr 11, 2023 to Apr 13, 2023
Face Value₹10 per share
Price₹60 per share
Lot Size2000 Shares
Total Issue Size1,454,000 shares
(aggregating up to ₹8.72 Cr)
Fresh Issue1,454,000 shares
(aggregating up to ₹8.72 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

A G Universal IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market Maker portion74,000 shares (SHARE INDIA SECURITIES LIMITED)

A G Universal IPO Tentative Timetable

A G Universal IPO opens on Apr 11, 2023, and closes on Apr 13, 2023.

EventTentative Date
Opening DateApr 11, 2023
Closing DateApr 13, 2023
Basis of AllotmentApr 19, 2023
Initiation of RefundsApr 20, 2023
Credit of Shares to DematApr 21, 2023
Listing DateApr 24, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

A G Universal IPO Lot Size

The A G Universal IPO lot size is 2000 shares.

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ApplicationLotsSharesAmount
Retail (Min)12000₹120,000
Retail (Max)12000₹120,000
HNI (Min)24,000₹240,000

A G Universal IPO Promoter Holding

Ms. Bharti Gupta and Mr. Amit Gupta are the company promoters.

Pre Issue Share Holding95.53%
Post Issue Share Holding

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,523.882,008.134.95176.04151.55784.14
31-Mar-211,434.943,864.2614.66190.71166.21944.51
31-Mar-221,856.487,074.0070.89261.6090.10942.71
30-Nov-222,642.943,595.05114.29675.88272.89950.12
Amount in ₹ Lakhs

A G Universal Valuations & Margins

FY 2020FY 2021FY 2022
EPS2.025.9919.18
PE ratio3.13
RONW (%)2.807.6827.09
NAV
ROE (%)20.1959.8572.33
ROCE (%)13.6413.0820.55
Debt/Equity4.454.953.60

Objects of the Issue

The proceeds from the issue will be used for the following objects:

  1. To meet the working capital requirements of the company.
  2. General corporate purposes and issue expenses.

A G Universal IPO Prospectus

Company Contact Information

A G Universal Limited
F-1, 34/1, Vikas Apartments,
East Punjabi Bagh,
West Delhi, New Delhi – 110026
Phone: +91 9811100759
Email: [email protected]
Websitehttps://aguniversal.co.in/

A G Universal IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: [email protected]
Websitehttps://www.skylinerta.com/

A G Universal IPO Review

The Company the firm serves is extremely cutthroat and fragmented. The unexpected improvement in its bottom line for the eighth month… Read Full IPO Review Here

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A G Universal IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)
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SME IPO

Pattech Fitwell Tube Components IPO

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Pattech Fitwell Tube Components IPO

Pattech Fitwell Tube Components IPO | Incorporated in 2022, Pattech Fitwell Tube Components Limited commenced its journey a decade ago in the year 2012. The company makes forged products for businesses that are not in the auto industry.

Pattech Fitwell has a total installed capacity of 14104.13 MTPA for making open die forgings like forged flanges, complex and specialized machined components and welded assemblies. By doing things like bending, drilling, cutting, polishing, painting, blasting, welding, punching, marking, testing, and packaging, they add value to semifinished or raw products and turn them into finished products.

We derive our revenue from the sale of our products like Elbows, Flanges, Tees, Reducers, Caps, and other fabrication works. Our revenue from our various products for the periods is as set forth below:

Pattech Fitwell Tube Components IPO Details

IPO DateApr 5, 2023 to Apr 12, 2023
Face Value₹10 per share
Price₹50 per share
Lot Size3000 Shares
Total Issue Size2,400,000 shares
(aggregating up to ₹12.00 Cr)
Fresh Issue2,400,000 shares
(aggregating up to ₹12.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Pattech Fitwell Tube Components IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market Maker portion126,000 shares

Pattech Fitwell Tube Components IPO Tentative Timetable

Pattech Fitwell Tube Components IPO opens on Apr 5, 2023, and closes on Apr 12, 2023.

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EventTentative Date
Opening DateApr 5, 2023
Closing DateApr 12, 2023
Basis of AllotmentApr 18, 2023
Initiation of RefundsApr 19, 2023
Credit of Shares to DematApr 20, 2023
Listing DateApr 21, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Pattech Fitwell Tube Components IPO Lot Size

The Pattech Fitwell Tube Components IPO lot size is 3000 shares.

ApplicationLotsSharesAmount
Retail (Min)13000₹150,000
Retail (Max)13000₹150,000
HNI (Min)26,000₹300,000

Pattech Fitwell Tube Components IPO Promoter Holding

Bharatbhai Jivrajbhai Limbani and Jaysukhbhai Popatbhai Limbani are the Promoters of our Company.

Pre Issue Share Holding100.00%
Post Issue Share Holding

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,155.692,038.997.74190.050.00867.72
31-Mar-211,386.661,844.93-1.16321.110.00976.32
31-Mar-222,530.382,262.87144.45563.060.001,663.56
31-Aug-222,572.07968.7234.76569.710.001,456.31
30-Nov-222,661.011,137.6619.69529.1119.691,745.92
Amount in ₹ Lakhs

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Funding our working capital requirements;
  2. General corporate purposes

Pattech Fitwell Tube Components IPO Prospectus

Company Contact Information

Pattech Fitwell Tube Components Limited
Survey No.873/B/1, RD No: 1, Ansons Limbani Estate
Nr. GETCO 66K.V. Sub Station, G.I.D.C, Por, N.H-08
Vadodara – 391243
Phone: (0265) 2830151
Email: [email protected]
Websitehttps://www.pftcpipefittings.com/

Pattech Fitwell Tube Components IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttps://www.bigshareonline.com/

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Pattech Fitwell Tube Components IPO Lead Manager(s)

  1. Fedex Securities Limited (Past IPO Performance)
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SME IPO

Sancode Technologies IPO

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Sancode Technologies IPO Review

Sancode Technologies IPO | Incorporated in 2016, Sancode Technologies Limited develops API-based software platforms and solutions.

The company gives clients easy-to-implement pre-built business logic and solution workflows for digital transformation, workflow automation, artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), data analytics, metaverse, web3 applications, and system integration.

Sancode Technologies takes on offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects, including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products, and other business applications for companies all over the world.

The company’s customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.

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Sancode Technologies Limited Strengths

  • Software product and solutions for finance automation
  • Clients in international market
  • Wide Service Portfolio.
  • Experience of our Promoters and senior management team

Sancode Technologies IPO Details

IPO DateMar 31, 2023 to Apr 6, 2023
Face Value₹10 per share
Price₹47 per share
Lot Size3000 Shares
Total Issue Size1,095,000 shares
(aggregating up to ₹5.15 Cr)
Fresh Issue1,095,000 shares
(aggregating up to ₹5.15 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Sancode Technologies IPO Reservation

Retail Shares OfferedNot less than 50.00% of the Offer
Market Maker portion57,000 shares (SHRENI SHARES PRIVATE LIMITED)

Sancode Technologies IPO Tentative Timetable

Sancode Technologies IPO opens on Mar 31, 2023, and closes on Apr 6, 2023.

EventTentative Date
Opening DateMar 31, 2023
Closing DateApr 6, 2023
Basis of AllotmentApr 12, 2023
Initiation of RefundsApr 13, 2023
Credit of Shares to DematApr 17, 2023
Listing DateApr 18, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Sancode Technologies IPO Lot Size

The Sancode Technologies IPO lot size is 3000 shares.

ApplicationLotsSharesAmount
Retail (Min)13000₹141,000
Retail (Max)13000₹141,000
HNI (Min)26,000₹282,000

Sancode Technologies IPO Promoter Holding

Amit Vijay Jain, Khushboo Jain, Mihir Deepak Vora, and ZNL Startup Accelerator LLP are the company promoters.

Pre Issue Share Holding97.47%
Post Issue Share Holding

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20330.4543.08-146.56220.830.22
31-Mar-21313.96159.74-26.17223.5663.73
31-Mar-22349.87244.8175.12287.0720.76
30-Sep-22481.26180.6289.36367.5421.20
Amount in ₹ Lakhs

Key Performance Indicators of our Company based on Restated Consolidated Financials

Key Financial
Performance
For the period
ended September
30, 2022
March 31, 2022March 31,
2021
March 31, 2020
Revenue from Operations142.49243.85155.6212.67
EBITDA114.8940.92(27.84)(145.53)
EBITDA Margin80.63%16.78%(17.89)%(1148.62)%
PAT66.1262.94(4.60)(112.94)
PAT Margin46.40%25.81%(2.96)%(891.41)%

Objects of the Issue

The proceeds from the issue will be used for the following objects:

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1. Funding working capital requirements.

2. General corporate purposes.

Sancode Technologies IPO Prospectus

Sancode Technologies IPO Review

The company works in a market segment with a lot of big players and a lot of competition. The sudden increase in its bottom line for … Read Full IPO Review Here

Company Contact Information

Sancode Technologies Limited
107, Prime Plaza,
J.V. Patel Compound, B.M. Road,
Opp. Elphinstone Stn. Mumbai – 400013
Phone: 022-49622853
Email: [email protected]
Websitehttps://www.sancodetech.com/

Sancode Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttps://www.bigshareonline.com/

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Sancode Technologies IPO Lead Manager(s)

  1. SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
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SME IPO

Exhicon Events Media Solutions IPO

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Exhicon Events Media Solutions IPO Review

Exhicon Events Media Solutions IPO | Incorporated in 1997, Exhicon Events Media Solutions Limited provides products and services for the exhibition, conferences, and events industry.

The company provides B2B and B2C fairs and events with media to integrated marketing solutions, event infrastructure, and management to organizing solutions.

Exhicon also provides steel AC structures, octanorm systems, flooring and carpets, modular registration setup, furniture and general lighting, sound, light, and video, branding and signage, CCTV and hardware setup, modular stocks of outdoor and indoor event venue construction in 5 cities of India.

The following companies are part of the company:

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Copo Digital Services (India) Private Limited: Copo Digital offers support, development, and consulting services for technology.

Digiglobe Advertising Private Limited: Digiglobe provides services for advertising and media on the Internet.

Worldwide Exhibitions Agency Asia Limited is based in Hong Kong. The company helps exhibition organizers all over the world with sales and marketing.

On the list of clients for Exhicon Events Media Solutions are state governments, domestic associations, and international clients in the hospitality, food and beverage, non-chemical FMCG, international trading, healthcare, and international trade industries.

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Key Project

Indicator (percentage)FY21/22FY22/23FY23/24
Real GDP Growth, at constant market prices8.76.96.6
Private Consumption7.99.46.7
Government Consumption2.64.15.1
Gross Fixed Capital Formation15.89.58.2
Exports, Goods and Services24.310.49.0
Imports, Goods and Services35.515.410.2
Real GDP Growth, at constant factor prices8.16.66.4
Agriculture3.03.43.6
Industry10.35.05.8
Services8.48.47.6
Source: National Statistics Office and World Bank forecasts for FY22/23 and FY23/24

Exhicon Events Media Solutions IPO Details

IPO DateMar 31, 2023 to Apr 5, 2023
Face Value₹10 per share
Price₹61 to ₹64 per share
Lot Size2000 Shares
Total Issue Size3,300,000 shares
(aggregating up to ₹21.12 Cr)
Fresh Issue3,300,000 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME

Exhicon Events Media Solutions IPO Reservation

QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer
Market Maker portion330,000 shares

Exhicon Events Media Solutions IPO Tentative Timetable

Exhicon Events Media Solutions IPO opens on Mar 31, 2023, and closes on Apr 5, 2023.

EventTentative Date
Opening DateMar 31, 2023
Closing DateApr 5, 2023
Basis of AllotmentApr 11, 2023
Initiation of RefundsApr 12, 2023
Credit of Shares to DematApr 13, 2023
Listing DateApr 17, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Exhicon Events Media Solutions IPO Lot Size

The Exhicon Events Media Solutions IPO lot size is 2000 shares.

ApplicationLotsSharesAmount
Retail (Min)12000₹128,000
Retail (Max)12000₹128,000
HNI (Min)24,000₹256,000

Exhicon Events Media Solutions IPO Promoter Holding

Mr. Mohammad Quaim Syed and Ms. Padma Mishra are the company promoters.

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Pre Issue Share Holding100%
Post Issue Share Holding

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-21788.06949.1211.7331.6730.67164.19
31-Mar-221,747.604,651.08428.38460.08459.08105.98
30-Sep-222,168.422,931.08470.37930.45929.45139.03
Amount in ₹ Lakhs

Exhicon Events Valuations & Margins

FY 2020FY 2021FY 2022
EPS(641.20)117.304,283.80
PE ratio
RONW (%)(683.91)37.0493.11
NAV89.50316.74,600.80
ROCE (%)33.94123.26
EBITDA (%)4.4713.86
ROE(%)62.21174.23

Objects of the Issue

The proceeds from the issue will be used for the following objects:

1) Working capital gap and general corporate expenses.

2) Acquisition of exhibition material.

3) Issue expenses.

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Exhicon Events Media Solutions IPO Prospectus

Exhicon Events Media Solutions IPO Review

Long-term contracts are used by the company to offer services related to exhibitions, marketing, and the media. It is mostly focusing on a b2b… Read Full IPO Review Here

Company Contact Information

Exhicon Events Media Solutions Limited
103, Crystal Paradise,
DS Road, off Veera Desai Road,
Andheri (W) Mumbai City – 400053
Phone: +91- 8097538188
Email: [email protected]
Websitehttps://exhicongroup.com/

Exhicon Events Media Solutions IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

Exhicon Events Media Solutions IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)
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SME IPO

Sotac Pharmaceuticals IPO

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Sotac Pharmaceuticals IPO Review

Sotac Pharmaceuticals IPO | Incorporated in 2015, Sotac Pharmaceuticals Limited is a part of the SOTAC group, based in Gujarat. The company is in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. The company’s business is majorly on principle to principle basis with different marketers.

SOTAC is serving over 162 corporate clients on a loan license and/or contract manufacturing basis. With their vast experience in the pharmaceutical segment, the company is growing and enlarging its scale of operations every year.

Sotac Pharmaceuticals established its manufacturing facility in the year 2017. In the year, the company’s manufacturing facility was installed with the capacity to manufacture 90 Crore tables/year, and 14 Crore Capsules/year.

With a combined experience of over 59 years in the pharmaceutical manufacturing Industry of the Promoters, the company is blooming and expanding in various horizons.

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Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To Meet Working Capital Requirements
  2. Investment in Subsidiary
  3. Upgradation / Construction of Existing /New Building in the Existing Premises
  4. General Corporate Purpose
  5. To meet Public Issue Expenses

Sotac Pharmaceuticals IPO Details

IPO DateMar 29, 2023 to Apr 3, 2023
Face Value₹10 per share
Price₹105 to ₹111 per share
Lot Size1200 Shares
Total Issue Size3,000,000 shares
(aggregating up to ₹33.30 Cr)
Fresh Issue3,000,000 shares
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Sotac Pharmaceuticals IPO Reservation

QIB Shares OfferedNot more than 50% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue

Sotac Pharmaceuticals IPO Tentative Timetable

Sotac Pharmaceuticals IPO opens on Mar 29, 2023, and closes on Apr 3, 2023.

EventTentative Date
Opening DateMar 29, 2023
Closing DateApr 3, 2023
Basis of AllotmentApr 10, 2023
Initiation of RefundsApr 11, 2023
Credit of Shares to DematApr 12, 2023
Listing DateApr 13, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Sotac Pharmaceuticals IPO Lot Size

The Sotac Pharmaceuticals IPO lot size is 1200 shares.

ApplicationLotsSharesAmount
Retail (Min)11200₹133,200
Retail (Max)11200₹133,200
HNI (Min)22,400₹266,400

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-203,038.212,882.648.75305.7375.7315.13
31-Mar-213,469.754,894.97-236.54249.3619.361,035.80
31-Mar-223,525.357,337.02287.86662.19432.191,134.59
30-Sep-226,461.603,994.6546.55797.41567.412,185.52
Amount in ₹ Lakhs

Sotac Pharmaceuticals IPO Prospectus

Company Contact Information

Sotac Pharmaceuticals Limited
Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II,
Sanand Ahmedabad – 382110
Phone: +91 90819 93300
Email: [email protected]
Websitehttp://www.sotacpharma.com/

Sotac Pharmaceuticals IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

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Sotac Pharmaceuticals IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
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