Anlon Technology Solutions IPO Analysis at Chanakyanipothi.comAnlon Technology Solutions IPO
the Oldest & the most Trusted Investment Blog in India. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years

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.

Go to Mainboard IPOs Section: Click

Leave a Reply

Your email address will not be published. Required fields are marked *