Anlon Technology Solutions IPO Analysis at Chanakyanipothi.com
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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
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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 |
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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. |
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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
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