IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size15,00,000 shares (aggregating up to ₹15.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 29 Dec 2022
Subscription CloseMon, 02 Jan 2023
Anchor AllotmentWed, 28 Dec 2022
Basis of AllotmentThu, 05 Jan 2023
Initiation of RefundsFri, 06 Jan 2023
Credit of Shares to DematMon, 09 Jan 2023
Listing DateTue, 10 Jan 2023
UPI Mandate Deadline2023-01-02
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
P/E Ratio (Pre-IPO)11.71x
Net Offer to Public14,23,200 shares (aggregating up to ₹14.23 Cr)
Reserved for Market Maker76,800 shares (aggregating up to ₹0.7680 Cr)
Pre-IPO Promoter Holding41,05,000 shares
Post-IPO Promoter Holding56,05,000 shares
About Anlon Technology Solutions Ltd.
Incorporated in 2015, Anlon Technology Solutions Limited is primarily engaged in the business of providing engineering services. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries.The company offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.There are two primary segments for the bifurcation of the business:1. Engineering services: Commissions from the Sale of Equipment, Spare Parts Trading, and Maintenance and Service.2. Designing, Fabrication, and Installation Services: Maintenance and Service for the products sold.The company clocked a total revenue in FY20, FY21 and FY22 of Rs. 1,381.25 lacs, Rs. 1,444.00 lacs and Rs. 1,958.60 lacs respectively.The company provides services to clients spread across the country, namely in cities like Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore and Chennai.Competitive Strengths:Experienced management team and Strong technical team.Strengthening trust developed by and with Anlon in years.Fulfilling other service gaps.24*7 Availability for customer service.Regular technological upgradation.After-sales service and operation.
Objects of the Issue
Anlon Technology Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working capital requirements of the company
10.25
2
2 General Corporate Purposes
3.75
Shareholding & Lock-in
Pre-IPO Promoter Holding
41,05,000 shares
Post-IPO Promoter Holding
56,05,000 shares