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Labelkraft Technologies IPO: GMP, Price, Dates & size

Labelkraft Technologies Limited is a company established in 2022 that specializes in providing barcode solutions to various industries, including FMCG, logistics service providers, chemicals, garments, and more. The company was founded with the aim of providing cost-effective barcode labels, printing, and solutions while prioritizing customer satisfaction. Before its incorporation, the business was operated by the founder, Ranjeet Solanki, through a proprietorship concern called “Solanki Enterprises” since 1997. 

Labelkraft Technologies Limited’s focus on offering affordable and high-quality barcode solutions sets it apart from its competitors. The company’s mission is to provide excellent customer service and meet the needs of different industries. With a history of successful operations under the founder’s leadership, Labelkraft Technologies Limited is poised to become a leader in the barcode solutions industry. 

Labelkraft Technologies IPO Details 

IPO Date Mar 13, 2023 to Mar 15, 2023 
Listing Date Mar 23, 2023 
Face Value ₹10 per share 
Price ₹55 per share 
Lot Size 2000 Shares 
Total Issue Size 864,000 shares 
(aggregating up to ₹4.75 Cr) 
Fresh Issue 864,000 shares 
(aggregating up to ₹4.75 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size
Labelkraft Technologies

Labelkraft Technologies IPO Tentative Dates  

Event Tentative Date 
Opening Date Mar 13, 2023 
Closing Date Mar 15, 2023 
Basis of Allotment Mar 20, 2023 
Initiation of Refunds Mar 21, 2023 
Credit of Shares to Demat Mar 22, 2023 
Listing Date Mar 23, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The barcode solutions industry in India has been witnessing significant growth over the years, driven by the increasing adoption of barcodes in various industries such as retail, manufacturing, logistics, and healthcare. The industry is expected to continue growing at a compound annual growth rate (CAGR) of around 10% during the forecast period 2021-2026. This growth is attributed to the rising demand for barcode solutions from various sectors and the increasing need for inventory management and supply chain optimization. 

The Indian government’s push towards digitalization and the growing trend of e-commerce is also expected to drive the demand for barcode solutions in the country. With its customer-centric approach and a wide range of services, Labelkraft Technologies Limited is likely to continue growing and capturing a significant market share in the Indian barcode solutions industry. 

Company Financials 

Labelkraft Technologies Limited Financial Information (Restated) 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
30-Nov-22 587.16 68.68 4.09 9.09 4.09 67.10 
Amount in ₹ Lakhs 

Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objectives: 

  1. Funding Capital Expenditure towards the installation of additional plant and machinery 
  1. Funding of Working capital requirements 
  1. General Corporate Purpose 
  1. Issue expenses. 

Labelkraft Technologies IPO Prospectus

Company Contact Information

Labelkraft Technologies Limited
14/12,
Jayachamarajendra Road,
Bengaluru – 560002
Phone: +91 080-40927665
Email: cs@labelkraft.com
Websitehttp://www.labelkraft.com/

Labelkraft Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Labelkraft Technologies IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)

NPST IPO: GMP, Price, Dates, Issue Size 

NPST IPO is all set to make its debut on 10th Aug 21 with 101.64 Cr is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. 

NPST IPO – overview 

IPO Dates  28 July- 2 Aug 2021 
IPO Price  INR 80 per share  
Fresh issue  1,712,000 shares (INR 13.70 crore) 
Offer For Sale  Nil 
Total IPO size  1,712,000 shares (INR 13.70 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

NPST IPO – Tentative Dates           

IPO Offer Opening Date  28 July 2021 
IPO Closing Date  2 Aug 2021 
Finalization of Basis of Allotment  5 Aug 2021 
Initiation of refunds  6 Aug 2021 
Transfer of shares to demat accounts  6 Aug 2021 
IPO Listing Date  10 Aug 2021 
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Company Overview    

 
Incorporated in 2013, Network People Services Technologies (NPST) is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. The company offers digital transformation solutions i.e. IMPS, Digital Wallet, UPI, and other smart art solutions. The company further offers software designing, consulting, development, and manpower provisioning services. 

“TimePay” is its flagship application to enable users to create a digital ecosystem for the cashless economy. For instance, TimePay digital platform provides digital payment solutions i.e. UPI, mandate solutions, QR-based payments, etc. TimePay society is a platform that provides comprehensive solutions to manage society relations, accounting, security, user merchants, vendor relations, and more. TimePay digital merchant is a platform for offline merchants to grow and scale their business using technology. 

Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited, and Cosmos Co-operative Bank are some of its marquee customers. 

Industry Overview    

IT comprises of design, development, implementation and management of computer-based information systems, particularly software applications and computer hardware. The IT-enabled Services (ITeS) industry provides services that are delivered over telecom or data network to a range of external business areas. Therefore, IT acts as a facilitator, an enabler and assumes the role of custodian. It facilitates large volumes of information to be stored, processed and/or transferred at lightning speed. 

Competitive Strengths

  • Wide range of products & services; IT software & services, digital merchant, and service aggregation. 
  • Scalable business model across industries, geographies, etc. 
  • Time Pay is a secure digital platform. 
  • Highly experienced managers. 

Objectives of the issue         

  • To develop a mobile application in the name of “Time Pay”. 
  • To acquire IT hardware and equipment. 
  • To undertake marketing and promotion of “Time Pay”. 
  • General corporate purposes. 

Company Financials      

Particulars          31-Mar-21 31-Mar-20 31-Mar-19 
Total Assets          1651.89 997.23 881.25 
Total Revenue          1538.00 1524.72 1800.14 
Profit After Tax          105.93 104.05 134.79 

Company Contact Information 

Network People Services Technologies Limited 
306, 3rd Floor, Lodha Supremus II, Road No. 22, 
Wagle Estate, Thane (West) 
 
Phone: +91–9810497261 
Email: cs@npstx.com 
Website: http://www.npstx.com/ 

Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: network.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

Lead Manager(s) 

  1. BOI Merchant Bankers Ltd (Past IPO Performance) 
  1. Holani Consultants Private limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Nirman Agri Genetics IPO: GMP, Price, Dates

Nirman Agri Genetics Limited is an Indian company established in 2020, specializing in the production, processing, and marketing of hybrid seeds, pesticides, and bio-organic products for various crops such as corn, sunflower, cotton, paddy, and grain sorghum. With a focus on expanding their product range, the company has also started producing non-hybrid seeds for paddy and has recently ventured into micronutrients and bioproducts. They have production, processing, and R&D facilities in different regions of India, including Maharashtra, Gujarat, and Madhya Pradesh. 

To further support the farmers, the company launched a range of products in 2022, including bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures, and plant growth regulators under the name “Nirman Agri Genetics.” Their aim is to become a leading crop solutions provider for farmers by offering high-yielding hybrid seeds and crop management through various products like micronutrients and by-products. Through their range of offerings and commitment to quality, the company is working towards enhancing the crop yields and profitability of farmers in India. 

Nirman Agri Genetics

Nirman Agri Genetics IPO Details 

IPO Date Mar 15, 2023 to Mar 20, 2023 
Listing Date Mar 28 2023
Face Value ₹10 per share 
Price ₹99 per share 
Lot Size 1200 Shares 
Total Issue Size 2,050,800 shares 
(aggregating up to ₹20.30 Cr) 
Fresh Issue 2,050,800 shares 
(aggregating up to ₹20.30 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Nirman Agri Genetics IPO Tentative Dates 

Event Tentative Date 
Opening Date Mar 15, 2023 
Closing Date Mar 20, 2023 
Basis of Allotment Mar 23, 2023 
Initiation of Refunds Mar 24, 2023 
Credit of Shares to Demat Mar 27, 2023 
Listing Date Mar 28, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The Indian agriculture industry includes different sub-sectors such as crop cultivation, livestock rearing, fisheries, forestry, and agro-processing. The production and marketing of agri-inputs such as seeds, pesticides, and fertilizers are crucial components of the agriculture industry.

The agriculture industry in India has been growing steadily over the years, with a Compound Annual Growth Rate (CAGR) of around 3.5% during the period of 2016-2021, according to a report by ResearchAndMarkets.com. The industry is expected to continue growing at a CAGR of around 5% during the period of 2021-2026, driven by factors such as increasing demand for food due to population growth, rising incomes, and government initiatives to support the sector’s growth. 

Company Financials 

Nirman Agri Genetics Limited Financial Information (Restated) 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-21 164.06 382.21 5.47 6.47 99.19 
31-Mar-22 595.87 1,348.91 256.02 264.41 124.67 
31-Oct-22 915.70 1,804.28 230.44 447.51 171.41 
Amount in ₹ Lakhs 

Objects of the Issue 

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects: 

  1. Funding additional Working capital requirements 
  1. Investment in Strategic Acquisition / Joint Venture 
  1. Purchase of Computer and other hardware 
  1. General Corporate Purposes 

Nirman Agri Genetics IPO Prospectus

Company Contact Information

Nirman Agri Genetics Limited
Vedant Apartment, Near Reliance Shopee,
Dindori Road, Panchavati,
Nashik – 422 003
Phone: +91 253 2943101
Email: cs@nirmanagrigen.com
Websitehttp://www.nirmanagrigen.com/

Nirman Agri Genetics IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Nirman Agri Genetics IPO Lead Manager(s)

  1. First Overseas Capital Limited (Past IPO Performance)

Divgi TorqTransfer Systems IPO:GMP, Price, Dates & size

Divgi TorqTransfer Systems Limited, established in 1964, operates as an automotive component manufacturer. The company is one of the few entities in India’s automotive component industry that has the expertise to design and supply system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions. 

Divgi TorqTransfer is a prominent player in the supply of transfer case systems to automotive OEMs in India. Moreover, the company is the largest supplier of transfer case systems to passenger vehicle manufacturers in India. Additionally, Divgi TorqTransfer is the sole manufacturer and exporter of transfer cases to global OEMs from India, and it is also the only manufacturer of torque couplers in the country. 

Divgi TorqTransfer Systems IPO Details 

IPO Date Mar 1, 2023 to Mar 3, 2023 
Listing Date Mar 14, 2023 
Face Value ₹5 per share 
Price ₹560 to ₹590 per share 
Lot Size 25 Shares 
Issue Size [.] shares of ₹5 
(aggregating up to ₹412.12 Cr) 
Fresh Issue [.] shares of ₹5 
(aggregating up to ₹180.00 Cr) 
Offer for Sale 3,934,243 shares of ₹5 
(aggregating up to ₹[.] Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE, NSE 
P/E (x) 35.16 
Market Cap (₹ Cr.) 1804.39 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Divgi TorqTransfer Systems IPO Tentative Dates 

Event Tentative Date 
Opening Date Mar 1, 2023 
Closing Date Mar 3, 2023 
Basis of Allotment Mar 9, 2023 
Initiation of Refunds Mar 10, 2023 
Credit of Shares to Demat Mar 13, 2023 
Listing Date Mar 14, 2023 

Company Overview 

Divgi TorqTransfer Systems (DTS) is an Indian-based automotive component manufacturer that specializes in producing drivetrain solutions for commercial and off-highway vehicles. The company was established in 1964 and has its headquarters in Pune, Maharashtra. DTS has a diverse product range that includes the following: 

  • Transfer Case Systems 
  • Torque Couplers 
  • Axle Shafts 
  • Transmission Gears 

Overall, DTS is a leading drivetrain solutions provider in India with a diverse product range that caters to the needs of various industries. The company has a strong research and development team that focuses on developing innovative and efficient products. 

Industry Overview 

The Indian automotive component manufacturing industry has been growing at a steady pace over the past few years, driven by the increasing demand for automobiles in the country. According to a report by ResearchAndMarkets.com, the Indian automotive component industry is expected to grow at a compound annual growth rate (CAGR) of 7.5% during the period 2021-2026. 

The Indian automotive component industry is highly diversified, with a large number of domestic and international players operating in the market. The industry comprises several sub-sectors, including engine parts, transmission and steering parts, suspension and braking parts, electrical parts, and others. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 303.70 170.74 28.04 209.53 203.51 50.41 
31-Mar-21 362.88 195.03 38.04 295.88 288.99 0.26 
31-Mar-22 405.37 241.87 46.15 340.02 326.25 0.12 
30-Sep-22 430.21 137.55 25.66 356.20 342.44 0.50 
Amount in ₹ Crore 

Objects of the Issue 

The Company proposes to utilize the Net Proceeds from the Fresh Issue towards the following objects: 

  1. Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities; 
  1. General corporate purposes. 

Strengths 

  • Diverse Product Range 
  • Technological Expertise 
  • Strong Relationships with Major Automobile Manufacturers 

Weaknesses 

  • Limited Product Portfolio 
  • Dependence on Automotive Industry 
  • Reliance on Domestic Market 

Divgi TorqTransfer Systems IPO Prospectus

Company Contact Information

Divgi TorqTransfer Systems Limited
Plot No. 75,
General Block, MIDC
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email: sckadrolli@divgi-tts.com
Websitehttp://www.divgi-tts.com/

Divgi TorqTransfer Systems IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Divgi TorqTransfer Systems IPO Lead Manager(s)

  1. Inga Ventures Pvt Ltd (Past IPO Performance)
  2. Equirus Capital Private Limited (Past IPO Performance)
Divgi TorqTransfer Systems

Sudarshan Pharma Industries IPO: GMP, Price, Dates & size

Sudarshan Pharma Industries Limited (SPIL), a company located in Mumbai, was established in 2008. Its primary function is to procure and distribute generic formulations through a contract manufacturing facility. Additionally, the company is involved in the import and export of products and supplies specialty chemicals, Active Pharmaceutical Ingredients (API), and intermediates. To meet the needs and specifications of its clients, SPIL outsources manufacturing facilities from both Indian and foreign suppliers. 

The company provides versatile products that can be used across various industries such as paint, food, pharmaceuticals, and adhesives. Additionally, the company is engaged in contract manufacturing services, and supplies pharmaceutical formulations to hospitals, NGOs, government agencies, and healthcare institutes. SPIL offers a range of 50 pharmaceutical formulations in the form of tablets, ointments, capsules, and injectables under their own brand name. 

Sudarshan Pharma Industries IPO Details 

IPO Date Mar 9, 2023 to Mar 14, 2023 
Listing Date Mar 22 2023
Face Value ₹10 per share 
Price ₹71 to ₹73 per share 
Lot Size 1600 Shares 
Issue Size 6,862,400 shares of ₹10 
(aggregating up to ₹50.10 Cr) 
Fresh Issue 6,862,400 shares of ₹10 
(aggregating up to ₹50.10 Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE SME 
P/E (x) 21.28 
Market Cap (₹ Cr.) 175.68 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Sudarshan Pharma Industries IPO Tentative Dates 

Event Tentative Date 
Opening Date Mar 9, 2023 
Closing Date Mar 14, 2023 
Basis of Allotment Mar 17, 2023 
Initiation of Refunds Mar 20, 2023 
Credit of Shares to Demat Mar 21, 2023 
Listing Date Mar 22, 2023 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-21 9,926.02 19,372.82 267.12 2,250.74 1,296.05 2,977.09 
31-Mar-22 13,752.18 35,755.89 530.37 2,977.53 2,002.63 3,059.24 
30-Sep-22 16,402.22 19,589.87 360.70 5,108.79 3,996.89 4,940.50 
Amount in ₹ Lakhs 

Objects of the Issue 

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects: 

  1. Working Capital Requirements 
  1. General Corporate Purposes. 

udarshan Pharma Industries IPO Prospectus

Company Contact Information

Sudarshan Pharma Industries Ltd
301,3rd Floor, Aura Biplex,
Above Kalyan Jewellers S. V. Road, Borivali (West)
Mumbai – 400092
Phone: 022- 42221111
Email: compliance@sudarshanpharma.com
Websitehttp://www.sudarshanpharma.com/

Sudarshan Pharma Industries IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Websitehttps://karisma.kfintech.com/

Sudarshan Pharma Industries IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance)

MCON Rasayan IPO: GMP, Price, Dates & size

MCON Rasayan India Ltd, a 2016 incorporation, engages in the production, promotion, and retail of contemporary building materials and chemicals. More than 80 products are available from the company, including a variety of building supplies and liquid and powdered construction chemicals. 

Ready mix plaster, tile adhesives, block adhesives, wall putty, micro concrete & polymer mortar, engineering non-shrink grouts, and floor hardeners are some of the company’s powder goods. Polyurethane (PU) based liquid membrane, bonding agents, paints, anti-corrosive coatings, concrete admixtures, and curing agents are examples of items in liquid form. The brand name “MCON” is used to market the goods produced by MCON Rasayan India Ltd. 

MCON Rasayan IPO Details 

IPO Date Mar 6, 2023 to Mar 10, 2023 
Listing Date [.] 
Face Value ₹10 per share 
Price ₹40 per share 
Lot Size 3000 Shares 
Issue Size 1,710,000 shares of ₹10 
(aggregating up to ₹6.84 Cr) 
Fresh Issue 1,710,000 shares of ₹10 
(aggregating up to ₹6.84 Cr) 
Market Maker portion 90,000 shares 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
NII (HNI) Shares Offered 50% of the Net Issue 
Retail Shares Offered 50% of the Net Issue 
Company Promoters Mahesh Ravji Bhanushali is the Promoter of the Company. 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

MCON Rasayan IPO Tentative Timetable 

Event Tentative Date 
Opening Date Mar 6, 2023 
Closing Date Mar 10, 2023 
Basis of Allotment Mar 15, 2023 
Initiation of Refunds Mar 16, 2023 
Credit of Shares to Demat Mar 17, 2023 
Listing Date Mar 20, 2023 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 776.02 896.95 3.61 110.72 9.72 321.61 
31-Mar-21 831.81 899.78 18.68 178.40 28.40 346.58 
31-Mar-22 1,446.31 1,922.36 44.40 221.29 71.29 740.85 
30-Jun-22 1,550.95 654.28 23.47 244.76 94.76 752.33 
Amount in ₹ Lakhs 

Objects of the issue 

The following goals are where the company wants to put the money: 

financing the business’s need for working cash and general corporate purposes 

MCON Rasayan IPO Prospectus

Company Contact Information

MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai- 400090
Phone: +91 86559 88698
Email: compliance@mconrasayan.com
Websitehttp://www.mconrasayan.com/

MCON Rasayan IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: mconrasayan.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

MCON Rasayan IPO Lead Manager(s)

  1. GYR Capital Advisors Limited (Past IPO Performance)

Global Surfaces IPO: GMP, Price, Dates and size

Global Surfaces Limited, which was established in 1991, processes natural stones and manufactures engineered quartz. The natural stones, such as granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others, are created through intricate geological processes and extracted from the earth. 

Global Surfaces Limited operates two units in Rajasthan, one situated in RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, and the other in Mahindra World City SEZ, Jaipur. These units specialize in processing and manufacturing products. 

Global Surfaces Limited produces various products that can be used for flooring, wall cladding, countertops, cut-to-size, and other purposes. These products are in high demand for both residential and commercial industries, and they are sold both domestically and internationally. 

Global Surfaces IPO Details 

IPO Date Mar 13, 2023 to Mar 15, 2023 
Listing Date [.] 
Face Value ₹10 per share 
Price ₹133 to ₹140 per share 
Lot Size 100 Shares 
Issue Size 11,070,000 shares of ₹10 
(aggregating up to ₹154.98 Cr) 
Fresh Issue 8,520,000 shares of ₹10 
(aggregating up to ₹[.] Cr) 
Offer for Sale 2,550,000 shares of ₹10 
(aggregating up to ₹[.] Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE, NSE 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Global Surfaces IPO Tentative dates 

Event Tentative Date 
Opening Date Mar 13, 2023 
Closing Date Mar 15, 2023 
Basis of Allotment Mar 20, 2023 
Initiation of Refunds Mar 21, 2023 
Credit of Shares to Demat Mar 22, 2023 
Listing Date Mar 23, 2023 

Company Overview 

Global Surfaces Limited operates two manufacturing units in Rajasthan, one situated in RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, and the other located in Mahindra World City SEZ, Jaipur. These units have a substantial manufacturing capacity that enables the company to fulfill customer demands while ensuring quality and consistency. 

The company’s commitment to producing high-quality and innovative products that cater to the evolving needs of customers has allowed it to offer a diverse product range. This diverse range enables Global Surfaces Limited to cater to various customers and industries. The company is known for producing durable and high-quality products that give it a competitive edge in the market. As a result, Global Surfaces Limited is regarded as a significant player in the surface industry in India and is expected to benefit from the growing demand for surface materials in the country. 

Industry Overview 

India’s surface industry is expected to grow at a compound annual growth rate (CAGR) of 5.5% between 2020 and 2025. The market size of the Indian surface industry is estimated to be around USD 3.5 billion in 2020, and it is projected to reach USD 4.6 billion by 2025. 

Overall, the surface industry in India is expected to continue to grow, driven by urbanization, increasing disposable income, and the growing demand for sustainable and eco-friendly materials. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 128.73 165.78 20.96 64.48 58.03 53.49 
31-Mar-21 159.00 179.00 33.93 98.43 91.98 37.46 
31-Mar-22 236.48 198.36 35.63 134.04 100.17 37.28 
30-Sep-22 280.20 99.25 13.59 148.93 115.07 50.52 
Amount in ₹ Crore 

Objects of the Issue 

The Company proposes to utilize the Net Proceeds towards the funding of the following objects: 

  1. Investment in the wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (UAE); 
  1. General corporate purposes. 

Strengths 

  • Diverse product range 
  • Manufacturing capabilities  
  • Market reach 

Weaknesses 

  • Dependence on suppliers: 
  • Competition 
  • Cost management 

Global Surfaces IPO Prospectus

Company Contact Information

Global Surfaces Limited
Plot No. PA-10-006,
Engineering and Related Industries SEZ,
Mahindra World City, Sanganer Jaipur – 302 037
Phone: 0141-7191000
Email: info@globalsurfaces.in
Websitehttp://www.globalsurfaces.in/

Global Surfaces IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Global Surfaces IPO Lead Manager(s)

  1. Unistone Capital Pvt Ltd (Past IPO Performance)

Globesecure tech IPO: GMP, Price, Dates, Issue Size

Globesecure tech IPO is a digital transformation company in India that offers cyber security services. 

Globesecure tech IPO – overview

IPO Dates  23-25 May 2022 
IPO Price  INR 29 per share  
Fresh issue  3,492,000 shares (INR 10.13 crore) 
Offer For Sale  Nil 
Total IPO size  3,492,000 shares (INR 10.13 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Globesecure tech IPO – Tentative Dates           

IPO Offer Opening Date  23 May 2022 
IPO Closing Date  25 May 2022 
Finalization of Basis of Allotment  30 May 2022 
Initiation of refunds  31 May 2022 
Transfer of shares to demat accounts  31 May 2022 
IPO Listing Date  2 June 2022 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Company Overview    

Globesecure Technologies is a digital transformation company in India that offers cyber security services. The company has executed several cyber security transformation projects, infrastructure, and digital transformation projects for various institutions and individuals. 

The company’s business line is classified into three divisions: Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization, etc. 

As on May 16, 2022, the company had 16 employees across the key business verticals. 

Strengths: 

  • Experienced Management who leads the company to scale up and expand into new opportunities. 
  • Dedicated tech support team to provide services/ solutions to our customers. 
  • Handled complex migration projects. 
  • Dynamic revenue model with continued relation with clientele. 

Objectives of the issue       

  • To meet the working capital requirements. 
  • To meet the Issue Expenses. 
  • General Corporate Purposes. 

Company Financials     

Particulars          31- March -22 31-March -21 31-March -20 
Total Assets          2759.2 2243.2 1565.3 
Total Revenue          1922.6 1924.3 1042.9 
Profit After Tax          100.5 11.8 61.7 

Company Contact Information 

Globesecure Technologies Limited 
C-321, 215 Atrium, 
M.V. Road, Near Courtyard Marriott Hotel, 
Andheri -East, Mumbai-400093 
Phone: +91-22- 4002 2224 
Email: info@globesecure.in 
Website: https://www.globesecure.in/ 

Registrar 

Skyline Financial Services Private Ltd 
 
Phone: 02228511022 
Email: virenr@skylinerta.com 
Website: https://www.skylinerta.com/ 

Lead Manager(s) 

  1. Fast Track Finsec Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

ITCONS E-Solutions IPO: GMP, Price, Dates and size

ITCONS E-Solutions Limited, a firm based in New Delhi that offers human resource services, was established in 2007. The corporation primarily serves both public and private enterprises in the organised sector. The company’s services are mostly in the following areas: 

  • Manpower Supply/Recruitment Services; 
  • Manpower Sourcing/Staffing Services 

Since its founding, ITCONS E-Solutions has expanded to a professional team of over 800 people, including contractual workers. They provide their professional services in a variety of industries, including staffing & recruitment, information technology, FMCG, and food. To assist its clients’ end-to-end HR needs, ITCONS E-Solutions Limited has been expanding the services it offers. The following business heads have been used to categorise the company’s services: 

  1. IT Staffing 
  1. General Staffing 
  1. Re-badging 
  1. Recruitment Process Outsourcing 
  1. Pass through Services 
  1. Payroll Services 
  1. Managed IT Services 
  1. Product Installation & Servicing Solutions 
  1. Permanent Hiring 

ITCONS E-Solutions IPO Details 

IPO Date Feb 28- March 2, 2023
Listing Date Feb 28, 2023
Face Value ₹10 per share 
Price ₹51 per share 
Lot Size 2000 Shares 
Issue Size 1,700,000 shares of ₹10 
(aggregating up to ₹8.67 Cr) 
Fresh Issue 1,700,000 shares of ₹10 
(aggregating up to ₹8.67 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
Market Maker NIKUNJ STOCK BROKERS LIMITED 
Company Promoters Mr. Gaurav Mittal and Mrs. Swati Jain are the Promoters of the company. 
Indong Tea Company IPO: GMP, Size, Price & Dates

IPO Important Dates

EventTentative Date
Opening DateFeb 28, 2023
Closing DateMar 2, 2023
Basis of AllotmentMar 8, 2023
Initiation of RefundsMar 9, 2023
Credit of Shares to DematMar 10, 2023
Listing DateMar 13, 2023

Company Financial Information

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 351.17 834.95 10.57 96.78 95.64 145.06 
31-Mar-21 341.21 842.48 7.53 104.31 103.17 136.33 
31-Mar-22 470.71 1,820.36 119.11 223.42 222.28 106.23 
30-Sep-22 792.37 1,605.05 106.12 462.23 129.36 176.70 
Amount in ₹ Lakhs 

Objects of the Issue 

The Objects of the Issue are: 

  1. To meet the working capital requirements
  2. To meet the Issue Expenses
  3. General Corporate Purposes

ITCONS E-Solutions IPO Prospectus

Company Contact Information

ITCONS E-Solutions Limited
Regus Elegance 2F, Elegance Jasola District Centre
Old Mathura Road, New Delhi,
South Delhi – 110025
Phone: +91 120 4149563
Email: cs.pooja@itconsinc.com
Websitehttp://www.itconsinc.com/

ITCONS E-Solutions IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Websitehttps://ipo.cameoindia.com/

ITCONS E-Solutions IPO Lead Manager(s)

  1. Finshore Management Services Limited (Past IPO Performance)

San Trica IPO: GMP, Issue size, Price & Dates

San Trica Realtors, a company based in Mumbai that provides restaurant and hotel services, was founded in 2007. The business creates hotels. In order to actively monitor and regularly oversee the functioning of its hotel properties, the firm uses an active asset management methodology for those hotels run by third parties. 

The business is also charged with planning, completing, and delivering its own residential and commercial projects. Several of the significant initiatives: 

  • Akanksha Rashmi Evershine Garden, Vasai (e), Palghar 
  • Akanksha Prima, Kothrud, Pune 
  • Akanksha Laxman Arcade, Dharavi, Mumbai 
  • Akanksha Elite, Bolinj (Virar), Palghar 

San Trica IPO Details 

IPO Date (.)
Listing Date [.] 
Face Value ₹10 per share 
Price ₹125 per share 
Lot Size 1000 Shares 
Issue Size 3,200,000 shares of ₹10 
(aggregating up to ₹40.00 Cr) 
Fresh Issue 3,200,000 shares of ₹10 
(aggregating up to ₹40.00 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
NII (HNI) Shares Offered 50% of the Net Issue 
Retail Shares Offered 50% of the Net Issue 
Indong Tea Company IPO: GMP, Size, Price & Dates

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 1,498.59 214.29 -105.76 -813.82 -815.20 37.12 
31-Mar-21 1,412.99 137.22 -190.24 -1,004.06 -1,005.44 41.21 
31-Mar-22 1,561.77 521.76 155.45 -282.64 -850.42 45.74 
30-Jun-22 1,813.48 436.84 256.72 1,096.58 437.95 50.78 
Amount in ₹ Lakhs 

Objects of the Issue 

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

1. To meet the Working Capital requirements; and

2. General Corporate Expenses. 

San Trica IPO Prospectus

Company Contact Information

San Trica Realtors Ltd
Swapnshilp Bunglow,
Behind Aarti Apartment Vartak,
Virar (West), Palghar- 401303
Phone: 7770011015
Email: cs@santrica.com
Websitehttps://santrica.com/

San Trica IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

San Trica IPO Lead Manager(s)

  1. First Overseas Capital Limited (Past IPO Performance)