Issue Price
₹156
Per Share
GMP
NIL
Grey Market
Est. Listing
₹156
Expected Price
Min. Application
₹249,600
2 lots × 800 shares
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.The company's main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
Brisk Technovision Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 40,000 | — | ₹0.62 Cr | — |
| TOTAL | 800,000 | 100.00% | ₹12.48 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹124,800 |
| Retail (Max) | 13 | 10,400 | ₹1,622,400 |
| sNII (Min) | 14 | 11,200 | ₹1,747,200 |
| bNII (Min) | 68 | 54,400 | ₹8,486,400 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1577.27 | 1840.30 | 2207.63 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 152.48 | 198.90 | 109.54 |
| Net Worth | 631.02 | 478.54 | 307.64 |
| Total Assets | 1423.40 | 679.73 | 661.82 |
| Reserves & Surplus | 431.02 | 278.54 | 107.64 |
| Total Borrowings | N/A | N/A | N/A |