Containe Technologies IPO is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies IPO – Overview
| IPO Dates | 20-22 sept 2022 |
| IPO Price | INR 15 per share |
| Fresh issue | 1,744,000 shares (INR 2.62 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,744,000 shares (INR 2.62 crore) |
| Minimum bid (lot size) | 8000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Containe Technologies IPO -Tentative Dates
| IPO Offer Opening Date | 20 September 2022 |
| IPO Closing Date | 22 September 2022 |
| Finalisation of Basis of Allotment | 27 September 2022 |
| Initiation of refunds | 28 September 2022 |
| Transfer of shares to demat accounts | 29 September 2022 |
| IPO Listing Date | 30 September 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 2008, Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies Limited is an ISO 9001:2015 certified organization engaged in the business of Design, Development, Manufacturing, Supply & Service of Electronic Speed Limiting Devices and GSM/GPRS/GPS/IRNSS based Communication & Controlling Vehicle Location Tracking Devices, Marketing & Sales of IoT Devices & Lithium Ion Battery Operated 2- wheeler & 3-wheeler Auto Rickshaw.
The company is manufacturing electronic Speed Limiting Device (SLD), “MOTOREYE & LIMITS” Brand Electronic Fuel Regulator & Pedal Interface, suitable for the latest Vehicle of BS-IV Standards to the Oldest Vehicles.
Containe Technologies Limited have one manufacturing unit at Marriguda, Secunderabad, Hyderabad. The company’s products are mainly sold through distributors and dealers.
Objects of the Issue
- Funding additional Working capital requirements
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 800.4 | 720.73 | 625.5 |
| Total Revenue | 206.98 | 60.43 | 292.29 |
| Profit After Tax | 4.34 | 206.98 | 5.39 |
Company Contact Information
Containe Technologies Ltd
H. No. 3-13-142/ 341P,
342, Gokul Nagar, Marriguda
Mallapur, Secunderabad, Hyderabad – 500076
Phone: cs@containe.in
Email: +91 81432 24767
Website: http://www.containe.in/
Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Lead Manager(s)
- Finshore Management Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
