IPO Issue Details
Issue Price / Price Band₹90 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size53,55,200 shares (aggregating up to ₹48.20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 09 Dec 2022
Subscription CloseTue, 13 Dec 2022
Anchor AllotmentThu, 08 Dec 2022
Basis of AllotmentFri, 16 Dec 2022
Initiation of RefundsMon, 19 Dec 2022
Credit of Shares to DematTue, 20 Dec 2022
Listing DateWed, 21 Dec 2022
UPI Mandate Deadline2022-12-13
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,600 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 3,200 shares
QIB Quota47.48% of Issue
NII / HNI Quota14.25% of Issue
Retail Quota33.25% of Issue
Market Maker Quota5.02% of Issue
P/E Ratio (Pre-IPO)15.36x
Net Offer to Public50,86,400 shares (aggregating up to ₹45.78 Cr)
Reserved for Market Maker2,68,800 shares (aggregating up to ₹2.42 Cr)
Pre-IPO Promoter Holding1,53,30,176 shares
Post-IPO Promoter Holding2,01,94,176 shares
Fresh Issue Shares45,95,200 shares (aggregating up to ₹41.36 Cr)
Offer for Sale Shares4,91,200 shares of ₹10 (aggregating up to ₹4.42 Cr)
About All E Technologies Ltd.
Incorporated in 2000, All E Technologies Limited is a Microsoft Business Applications & Digital Transformation company. Alletec helps clients stay ahead with Intelligent Business Applications. The company offers Microsoft Dynamics 365, Power Platform, Data & AI - powered by Microsoft Azure & Collaboration platforms.The company help in bringing together - Company & Customers, Factory & Field Service, Store Front & Supply Chain, Patients & Providers, People & Governments - by putting in place integrated operational systems of ERP, CRM, Collaboration Portals, Mobile Apps, and enable businesses to draw actionable insights from data.All E Technologies Limited also provide offshore technology services to some large Microsoft Business Applications partners from the USA and Europe. The company's 100% workforce shifted to a work-from-home model after the Covid restrictions. The company's primary physical office is in Noida.The company has a total of 330 employees.The company has an experience of over 2 decades, spanning over 750 customers. This is the highest number of Business Applications customers acquired by any partner from India.
Objects of the Issue
All E Technologies Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
1 Expansion of Business
Amount: 25.00
2
2 Acquisitions of Businesses in similar or complementary areas
Amount: 10.00
3
3 General Corporate Purposes
Amount: 4.35
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,53,30,176 shares
Post-IPO Promoter Holding
2,01,94,176 shares