Five Core Electronics IPO is set to make its debut on 9th May 18 with 46.66 Cr is in the business of manufacturing and exporting a whole range of Public Address Systems.
Five Core Electronics IPO – overview
| IPO Dates | 9-11 May 18 |
| IPO Price | INR 140 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,333,000 shares (INR 46.66 crore) |
| Minimum bid (lot size) | 1000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2002, Delhi based Five Core Electronics Limited is in the business of manufacturing and exporting a whole range of Public Address Systems – Woofers, Amplifiers, Computer Speakers, Personal Speaker System, Headphones, and Earphones. The Company has also been trading in fabric.
Five Core has a strong presence in the overseas market in African Continent, UAE, South America, Singapore, Dubai, Bangladesh, Vietnam Nepal, to name a few. Its products are sold in 56 countries across 6 continents through a network of over 350 distributors and dealers. In India, the company is present in 17 States through a distributor and dealer network of more than 240 in different zones. It has also opened showrooms in Dehradun, Saharanpur, Chomu, Guwahati, Jeopur, Patna, Raxaul, Bhagalpur, Calicut and Hyderabad which are run by dealers.
Five Core has 296 employees on its payroll.
Objects of the Issue
1. To meet the working capital requirements of the Company
2. To meet the working capital requirements of the Subsidiary, 5 Core Acoustics Private Limited
3. General Corporate Purpose
4. Repayment of Unsecured Loan of Promoters/Directors
5. Issue Expenses
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 7,692.07 | 4,852.13 | 3,320.90 |
| Total Revenue | 17,061.75 | 12,294.19 | 11,349.31 |
| Profit After Tax | 148.69 | 95.26 | 66.28 |
Company Contact Information
Five Core Electronics Limited
WZ-15B, Ground Floor
Uggarsain Market,
Ashok Nagar, New Delhi – 110018
Phone: +91 11 28128000
Email: investcare@5core.in
Website: http://www.5core.com
Five Core Electronics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Five Core Electronics IPO Lead Manager(s)
- Indian Overseas Bank (Past IPO Performance)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
