Ishan international IPO is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems.
| IPO Dates | 9-14 sept 2022 |
| IPO Price | INR 80 per share |
| Fresh issue | 2,280,000 shares (INR 18.24 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,280,000 shares (INR 18.24 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Ishan international IPO -Tentative Dates
| IPO Offer Opening Date | 09 September 2022 |
| IPO Closing Date | 14 September 2022 |
| Finalisation of Basis of Allotment | 19 September 2022 |
| Initiation of refunds | 20 September 2022 |
| Transfer of shares to demat accounts | 21 September 2022 |
| IPO Listing Date | 22 September 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals and Pollution Control Systems.
The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal R Robina Corporation Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT.
Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in the process). The company’s core strength Quality Management System in place under ISO 9001: 2015.
Ishan International Limited’s products include ESPs, Jaggery Plant and Equipment, Cane Crushing Equipment, Mill Cheeks, Gear Boxes, Rope Couplings, Ropeless Couplings, Square Couplings, Automation Equipment, Complete Rollers, Bare Shells, Hammers Tips, Shafts, Juice Rings, Fibrizer, AC Motor for 1500KW Mill Drive with Accessories, Grooving Tools, Tableting machines, Powder filling lines, Liquid filling lines, Lab equipment, Sterilizing tunnels, Washing machines, AHUs, Filters, Distillation units, Automatic High-Speed Labeling Machine, Tablet Dissolution Test Apparatus, Pure Steam Generator, among other.
Strengths:
- Strong brand presence in South-East Asia.
- Diversification in various sectors ensures steady revenue.
- A combination of experience and expertise.
- Sustainable and Strong Order Book.
- High Customer Satisfaction.
- Well Established Supply and Logistic Chain.
Objects of the Issue
- Funding the Proposed Joint Venture and/or Acquisition.
- To meet the Working Capital requirements.
- General Corporate Expenses.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 2168.87 | 1452.52 | 1704.15 |
| Total Revenue | 2174.31 | 2271.2 | 2272.56 |
| Profit After Tax | 127.15 | 15.05 | 28.42 |
Company Contact Information
Ishan International Limited
607, Chiranjiv Tower,
Nehru Place, New Delhi
110019
Phone: +919315603745
Email: cs@ishangroup.co.in
Website: http://www.ishanglobal.com/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ishan.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
