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SME IPO Status: Open [7th May 2024 to 9th May 2024]
Finelistings Technologies IPO, a SME IPO of ₹13.53 Cr opens for subscription from 07-05-2024 to 09-05-2024. The IPO consists of ₹13.53 Cr fresh issue.
The face value is Rs 10 and the price band is fixed at 123.00 per share. You can apply to the Finelistings Technologies SME IPO for a minimum lot of 1000 shares amounting of Rs 123000.
The tentative listing date on the exchange (BSE SME) is 14-05-2024.Stay tuned with us to get more details about Finelistings Technologies SME IPO including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
SME IPO Issue Opening Date: | 7th May 2024 |
SME IPO Issue Closing Date: | 9th May 2024 |
SME IPO Issue Price: | ₹123.00 Per Share |
DRHP: | Download DRHP |
RHP: | Download RHP |
IPO Listing At: | BSE SME |
Retail Quota: | 50% of the net offer |
SME IPO Issue Type: | Fixed Price Issue |
SME IPO Issue Size: | ₹13.53 Cr |
Fresh Issue: | ₹13.53 Cr |
Face Value: | ₹10 Per Equity Share |
SME IPO Discount: | TBD |
Promoter Holding Pre IPO: | 71.65% |
Promoter Holding Post IPO: | 49.98% |
Get important updates regarding Finelistings Technologies SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
SME IPO Activity | Date |
---|---|
Basis of Allotment Date* | 10th May 2024 |
Refunds Initiation* | 13th May 2024 |
Credit of Shares to Demat* | 13th May 2024 |
SME IPO Listing Date* | 14th May 2024 |
* - Tentative Dates
SME IPO Activity | Date |
---|---|
Issue Price | ₹123.00 |
Market Lot: | 1000 Shares |
1 Lot Amount: | ₹123000 |
Min HNI Lots: | 2000 shares (2 lots) |
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
---|---|---|---|---|---|
08-05-2024 | 123.00 | 25 | 19000 | ₹148 (20.33%) | 8-May-2024 12:31 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Finelistings Technologies Limited was founded in March 2018. The company is engaged in various businesses, namely (a) retail of pre-owned luxury cars and (b) software development services addressing the digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. Its offerings cover the entire spectrum of various digital technologies such as cloud-based services, IT consulting services such as big data analytics, cloud architecture, data engineering, IoT solutions and solutions based on offerings such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development.
As part of its pre-owned luxury car retail business, the company focuses on pre-owned premium and high-end luxury cars with an average selling price of ₹ 40.00 lakhs. Currently, the company has a limited presence in the used car value chain, such as after-sales services and repairs (including sales of spares, lubricants and accessories), which it handles through its affiliated service centres.
They operate on the buy-n-sell model where they buy the used cars from their owners, provide the required services and mechanically and aesthetically refurbish the vehicles to showcase them in their showrooms as well as on their website and other multi-channel car platforms. The automotive ecosystem is highly fragmented and complex. When buying a vehicle, buyers have to go through multiple channels and numerous steps.
Incorporation | Sector | IPO Issue Size | Website |
2018 | E-Retail/ E-Commerce | ₹13.53 Cr | https://www.finecars.co.in/ |
The Net Proceeds from the Issue are proposed to be utilized by the company for the following objects:
The table below is live update of SME IPO bidding details from NSE and BSE.
Day | NII | RII | Total | |
---|---|---|---|---|
# of Shares Offered | 521,000 (50%) | 521,000 (50%) | 1,042,000 | |
1 | 7th May 2024 19:04 | 0.60x | 3.29x | 1.94x |
2 | 8th May 2024 11:43 | 1.01x | 6.15x | 3.58x |
Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 968.92 | 1,015.99 | 154.33 | 59.69 |
Revenue | 1,359.97 | 1,390.62 | 694.32 | 146.43 |
Profit After Tax | 276.99 | 178.92 | -8.33 | -17.26 |
Net Worth | 618.96 | 351.83 | 47.91 | 56.24 |
Reserves and Surplus | 375.20 | 98.21 | 46.79 | 55.12 |
Amount in ₹ Lakhs |
The table below show peer comparison from DRHP/RHP.
Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
---|---|---|---|---|---|---|
Finelistings Technologies Limited | 8.78 | 8.78 | 13.87 | 14.04 | 50.85 | Standalone |
CarTrade Tech Limited | 7.28 | 6.71 | 454.48 | 92.73 | 1.6 | Standalone |
Cambridge Technology Enterprises Limited | 4.15 | 4.15 | 50.32 | 16.56 | 8.27 | Standalone |
Globalspace Technology Limited | 0.46 | 0.46 | 31.47 | 48.39 | 1.44 | Standalone |
Last Updated on 08-May-2024 12:32:54
Finelistings Technologies SME IPO is going to be list on 14-05-2024.
Other relevant questions:
When Finelistings Technologies SME IPO will be listing? Finelistings Technologies SME IPO listing date?Finelistings Technologies SME IPO date of listing
Finelistings Technologies SME IPO is going to be list on 14-05-2024.
Other relevant questions:
When Finelistings Technologies SME IPO will be listing? Finelistings Technologies SME IPO listing date?Finelistings Technologies SME IPO date of listing
Finelistings Technologies SME IPO is going to be list on 14-05-2024.
Other relevant questions:
When Finelistings Technologies SME IPO will be listing? Finelistings Technologies SME IPO listing date?Finelistings Technologies SME IPO date of listing
Finelistings Technologies SME IPO is going to be list on 14-05-2024.
Other relevant questions:
When Finelistings Technologies SME IPO will be listing? Finelistings Technologies SME IPO listing date?Finelistings Technologies SME IPO date of listing
Finelistings Technologies SME IPO is going to be list on 14-05-2024.
Other relevant questions:
When Finelistings Technologies SME IPO will be listing? Finelistings Technologies SME IPO listing date?Finelistings Technologies SME IPO date of listing