Anlon Technology Solutions IPO Analysis at Chanakyanipothi.comAnlon Technology Solutions IPO
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    Anlon Technology Solutions IPO Guidance
    The company has strong business model and good profits. The pricing is also reasonable. Apply.

    Anlon Technology Solutions IPO Grey Market updates 
    Observations: Subject to trades starts with strong volume
    For latest updates, Click

    Anlon Subscription Status
    # On 02 January 2022 @ 5.00 pm (Day 3)
    QIB:     284400    Shares,  54.53T
    NII:      213600    Shares,  883.58T
    RII :      499200    Shares, 447.06T
    Total:   997200    Shares  428.61T

    Anlon Technology Solutions, Company Details

    The Company is primarily engaged in the business of providing engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high rise buildings and refineries. The Company also sells spare parts for performing engineering services which is ancillary part of the engineering services. In FY22, the company has entered into a contract for fabrication and installation of airport interior equipment where we did sourcing, supervising & quality control of the manufacturing process, and did safe transportation & installation of the end product to the installation
    site, overseeing safe installation, and have supplied conveyer belt systems in airports for air cargo handling companies and have also been providing equipment and services for runway maintenance.
    Simply, the company identifies requirements in aviation infrastructure and mobile firefighting, and coordinate for imports high performance equipment from world class suppliers. Part of the mission of the company is to understand the need of the market and translate the same onto specialist manufacturers for working out and offer appropriate solutions.

    In case of overseas manufacturers, which most often is the case, Anlon provides end to end techno-commercial support which include specifying the solution, facilitate techno-commercial interaction between the manufacturer and the end user, and assist in order processing, and support in successful implementation by providing all logistic support in India such as custom clearance, inland transportation, etc. We further offer our help in installation, commissioning, training, warranty and post-warranty services and thus looking after the equipment for its whole lifetime. It also supports in spare parts distribution.
    It identifies services and quality standard gaps and provide solutions through high performance machines (primarily trucks) and other airport, firefighting and rescue equipment and providing services of supply, operations and maintenance of equipment and spare parts. There are two primary segments for bifurcation of revenue as per accounting standard

    For more information about the company, Click http://www.anlon.com/

    Anlon Technology Solutions IPO Details
    IPO opens on   29 December 2022
    IPO closes on   02 January 2023
    Issue Type Book Built Issue IPO
    Issue Size 1500000 Sh /Rs 15 Cr
    * Fresh Issue 1500000 Shares /Rs 15 Cr
    * Offer for Sale  – Shares /Rs (?)Crore
       
    Face Value per share: Rs. 10
       
    Price Band Rs. 95-100
    Employee discount  Rs. 0 per share
    Retail Lot Size  1200 Shares
    Listing will at  NSE Sme
    Shares offered to
      Shares Rs. (Cr)
    QIB (50 %)  710400 7.10
    NII (15 %)  213600 2.13
    RII (35 %) 499200 4.99
    Total Shares  1423200 14.23
    Retail portion will be oversubscribed by  416
    Forms
    How much Shares to Apply?
    Min Retail Application 1200 Sh Rs. 120000
    Max Retail Application  2400 Sh Rs. 240000

    Promoters of the IPO
    Mr. Unnikrishnan Nair P M and Mrs. Beena Unnikrishnan

    Objects of the IPO:
    The Company intends to utilize the Net Fresh Issue Proceeds for funding working capital requirements.

    Anlon Technology IPO Tentative timetable
    IPO opens on  29 December 2022
    IPO Closes on  02 January 2023
    IPO Allotment on   5 January 2023
    Unblocking of ASBA   6 January 2023
    Credit of Shares  9 January 2023
    Listing on  10 January 2023
    Registered Office of Anlon Technology
    Gala No. 12 & 13, Sahakar Industrial Estate
    Plot No. 164/166 Vasai Road, East,
    Mumbai 401202
    Anlon Technology IPO Lead Managers 
    GYR Capital Advisors Limited
    This merchant banker has handled 9 IPOs during last 2 years and none of the IPOs closed below the issue price on listing date.
    Registrar to Anlon Technology IPO
    Link Intime India Private Ltd
    Anlon Technology IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs. Cr Rs. Cr Rs. %
    2019-20 13.81 0.69 685 39.78
    2020-21 14.44 0.74 735 29.90
    2021-22  19.59 2.43 2429 49.71
    Book Value of the Share on 30.09.2022 Rs.20.05    
    Book Value of the Share after the IPO Rs.-    
    Offer Price   Rs. 100    
    Ratio Analysis
    Upper Price Band/last EPS
    Upper offer price/Book Value Ratio  
    Upper offer price/BV after IPO Ratio  

    Anlon Technology IPO Peer Comparison
    There is no other listed company having similar business that of this company

    # This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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