ANI Integrated Services Limited is a manpower deputation company providing engineering services to the organized sector. The company was incorporated in 2008 and offers a range of services, including Erection and Installation of Electrical / Instrumentation / Mechanical Turnkey Projects, Operations and Maintenance, Commissioning Assistance, and Shutdown services. ANI has provided engineering services to various international projects, particularly in the UAE, Thailand, and Kingdom of Saudi Arabia.
The company has an impressive client list that includes Larsen & Turbo Industries, Tata Consultancy Engineers Limited, Reliance Industries Limited, Nestle India Limited, Engineering India Limited, Mondelez India Foods Limited, GAIL (India) Limited, among others. ANI has a team of over 1200 professionals and operates in four service verticals, including Technical Manpower Deputation and Placement, Value Added Customized Services, Project Installation and Erection, and Operations and maintenance Contracts.
ANI IPO Details
| IPO Date | Nov 8, 2017 to Nov 10, 2017 |
| Listing Date | Nov 20, 2017 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,565,600 shares (aggregating up to ₹25.66 Cr) |
| Fresh Issue | 1,687,200 shares (aggregating up to ₹16.87 Cr) |
| Offer for Sale | 878,400 shares of ₹10 (aggregating up to ₹8.78 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
ANI IPO Listing Details
| Listing Date | Nov 20, 2017 |
| BSE Script Code | |
| NSE Symbol | AISL |
| ISIN | INE635Y01015 |
| Final Issue Price | ₹100 per share |
Industry Overview
According to a report by Grand View Research, the global engineering services outsourcing market size was valued at USD 316.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 24.9% from 2021 to 2028. The growth is attributed to the increasing need for specialized engineering services, rising demand for digitalization, and the growing trend of outsourcing engineering services to low-cost countries.
In India, the engineering services industry is one of the fastest-growing sectors, driven by the country’s skilled workforce, low-cost operations, and the government’s focus on initiatives like ‘Make in India.’ According to a report by IBEF, the Indian engineering sector is expected to grow at a CAGR of 15-20% during 2021-25, driven by factors such as increasing demand for infrastructure, rising government spending on healthcare and defense, and the growing trend of digitization.
Objects of the Issue
The Issue includes a fresh Issue and an Offer for Sale.
The Offer for Sale: Company will not receive any proceeds from the Offer for Sale.
The Fresh Issue: The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. Repayment of Borrowings
2. To Meet Working Capital Requirement
3. General Corporate purpose and
4. To Meet the Issue Expenses
ANI IPO Prospectus
Company Contact Information
ANI Integrated Services Limited
624, Lodha Supremus II, A Wing, North Towers,
Road No 22, Near new Passport office,
Wagle Estate, Thane West 400604
Phone: +91-22-61560404
Email: cs@aniinstruments.com
Website: http://aniintegratedservices.com/
ANI IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
ANI IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
