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Elin Electronics IPO: GMP, Issue price, Issue Size

Elin Electronics IPO is all set to debut in the Indian stock exchange on 20th December 2022 with an issue size of Rs 475 crores, the company is a leading electronics manufacturing services (EMS) manufacturer of end-to end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India. 

Elin Electronics IPO Details 

Elin Electronics IPO Dates 20 – 22 December 2022 
Elin Electronics IPO Price INR 234 – 247 per share 
Fresh issue INR 175 crore 
Offer For Sale INR 300 crore 
Total IPO size INR 475 crore 
DocumentsDRHP,RHP
Minimum bid (lot size) 60 shares (INR 14,820) 
Face Value  INR 5 per share 
Retail Allocation 35% 
Listing On NSE, BSE 
KFin Technologies IPO: GMP, Issue Size, Issue Price & Important Dates

Elin Electronics IPO Tentative Dates 

Event Tentative Date 
Opening Date Dec 20, 2022 
Closing Date Dec 22, 2022 
Basis of Allotment Dec 27, 2022 
Initiation of Refunds Dec 28, 2022 
Credit of Shares to Demat Dec 29, 2022 
Listing Date Dec 30, 2022 

Elin Electronics IPO Industry Overview 

Over the past 60 years, the electronics industry has experienced phenomenal growth. Emerging and numerous disruptive technologies generate global demand for the electronics industry. Electronics components, electronics design, electronics products, and manufacturing services are all included in the total electronics market. Despite historically being a market with robust growth, it shrank by 3.4% in 2020, primarily due to a fall in private spending brought on by the COVID-19 epidemic. 

Elin Electronics IPO

In 2020, the global electronics market was estimated to be worth USD 2,288 billion. The industry is anticipated to develop at a CAGR of 5.2% to reach USD 2,955 billion by 2025, according to Frost & Sullivan report. A few important variables contributing to this expansion include rising disposable income, improved acceptance of audio and video broadcasting, increased internet penetration, youth preference for next-generation technology, the emergence of e-commerce, etc. 

Elin Electronics IPO Company Overview 

Elin Electronics Limited, a well-known supplier of electronics manufacturing services (or “EMS”), was founded in 1969. The business is one of the biggest producers of fractional horsepower motors in India and provides end-to-end product solutions for well-known brands of lighting, fans, and small/kitchen appliances. Elin Electronics Limited manufactures, assembles, and offers end-to-end product solutions for a broad range of products. The business operates using the original design manufacturer (ODM) and original equipment manufacturer (OEM) models. 

Elin Electronics IPO

The company’s wide range of EMS products include I modular switches and sockets, (ii) small appliances like dry and steam irons, toasters, hand blenders, mixer grinders, hair dryers, and hair straighteners, (iii) fractional horsepower motors used in mixer grinders, hand blenders, wet grinders, chimneys, air conditioners, heat convectors, and TPW fans, and (iv) LED lighting, fans, and switches including lighting products The business has three strategically placed manufacturing plants, one each in Verna, Himachal Pradesh’s Baddi, and Uttar Pradesh’s Ghaziabad (Goa). 

Elin Electronics IPO Objectives 

The funds from the proceed will be used to fulfil the following objectives: 

1. Repayment/ prepayment, in full or part, of certain borrowings availed by the Company. 

2. Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa. 

3. General corporate purposes. 

Elin Electronics IPO Financials 

 FY 2019 FY 2020 FY 2021 FY 2022 H1 FY 2023 
Revenue 828.55 785.58 862.38 1,093.75 604.46 
Expenses 791.79 751.27 817.41 1,041.79 577.16 
Net income 29.07 27.49 34.86 39.15 20.67 
Margin (%) 3.51 3.50 4.04 3.73 3.42 

Elin Electronics IPO Strengths 

  • One of the biggest producers of motors with a fractional horsepower, having a 12% market share in FY21 
  • One of the major flashlight and LED lighting companies, with an EMS market share of roughly 7% in FY21. 
  • One of the major participants in the EMS industry, with a share of 10.7% in FY21, for the small appliance sector. 

Elin Electronics IPO Weaknesses 

  • Concentration in revenue. In FY22, the company’s top five clients generated almost 63% of its revenue. 
  • The profitability ratios have historically been poor. In FY22, the PAT margin and ROCE were 3.5% and 7.3%, respectively. 
  • spent a lot of money on capital projects in the past and will keep spending a lot of money on them in the future. 

Company Contact Information

Elin Electronics Limited
143, Cotton Street,
Kolkata – 700 007,
West Bengal, India
Phone: +91 011 43000400
Email: cs@elinindia.com
Websitehttps://www.elinindia.com/

Elin Electronics Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone:
 +91 40 6716 2222
Email: 
elinindia.ipo@kfintech.com
Website: 
www.kfintech.com

Elin Electronics IPO Lead Manager(s)

  1. Axis Capital Limited (Past IPO Performance)
  2. JM Financial Limited (Past IPO Performance)

Homesfy Realty IPO: GMP, Price, Dates, Issue Size

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Homesfy Realty IPO is Proptech engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential properties. 

Homesfy Realty IPO – Overview    

IPO Dates  21- 23 Dec 2022. 
IPO Price  INR 100 per share  
Fresh issue  805,200 shares (INR 15.86 crore)  
Offer For Sale  Nil 
Total IPO size  805,200 shares (INR 15.86 crore)  
Minimum bid (lot size)  600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Homesfy Realty IPO -Tentative Dates           

IPO Offer Opening Date  21 December 2022 
IPO Closing Date  23 December 2022 
Finalisation of Basis of Allotment  28 December 2022  
Initiation of refunds  29 December 2022 
Transfer of shares to demat accounts  30 December 2022  
IPO Listing Date  2 January 2023  
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Homesfy Realty IPO- Company Overview    

Homesfy Realty Limited is Proptech engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential properties. 

The company runs its brokerage business in the name of Homesfy and is well-partnered with the mymagnet.io co-broking platform. 

Homesfy Realty Limited has established and currently maintains a network of 7 offices located in 4 cities, Mumbai, Pune, Noida and Bangalore, which primarily engage in sales, marketing and payment collection activities for the business. 

The company operating model is backed by strong expertise in Digital Marketing and Operational efficiency backed by process-driven expertise, technology and automation. As of October 2022, 245 out of 380 employees were in the sales department. 

 Objectives           

  • Working Capital requirements of the Company. 
  • To meet Issue Expenses. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-Mar-21  31-Mar-20 
Total Assets          1718.99 1224.23 793.63 
Total Revenue          3039.93 1475.92 1193.1 
Profit After Tax          318.41  199.14 91.35 

Company Contact Information 

Homesfy Realty Limited 
1602, 16th Floor, 
Dev Corpora Near Cadbury Junction, 
Thane-400601, Maharashtra 
Phone: +91 22 4971 0264 
Email: cs@homesfy.in 
Website: https://www.homesfy.in/ 

Homesfy Realty IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: http://www.bigshareonline.com 

Homesfy Realty IPO Lead Manager(s) 

  1. Sarthi Capital Advisors Private Limited (Past IPO Performance) 

Lead Manager Reports 

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

KFin Technologies IPO: GMP, Issue Size, Issue Price & Important Dates

Kfin Technologies IPO is all set to debut in the Indian stock exchange on 20th December 2022 with an issue size of 1500crores RS, KFin Technologies is a leading technology-driven financial services platform provider. 

KFin Technologies IPO Details 

KFin Technologies IPO Dates 19 – 21 December 2022 
KFin Technologies IPO Price INR 347 – 366 per share 
Fresh issue Nil 
Offer For Sale INR 1,500 crore 
Total IPO size INR 1,500 crore 
Minimum bid (lot size) 40 shares (INR 14,640) 
Face Value  INR 10 per share 
DocumentsDRHP,RHP
Retail Allocation 10% 
Listing On NSE, BSE 
Landmark Cars IPO: GMP, Issue Price, Issue size & Important Dates

KFin Technologies IPO Tentative Dates 

Event Tentative Date 
Opening Date Dec 19, 2022 
Closing Date Dec 21, 2022 
Basis of Allotment Dec 26, 2022 
Initiation of Refunds Dec 27, 2022 
Credit of Shares to Demat Dec 28, 2022 
Listing Date Dec 29, 2022 

 
KFin Technologies IPO Industry Overview 

Prior to COVID-19, India’s economy had one of the highest rates of growth in the world, averaging 6.7% between the years 2014 and 2019. Despite the fact that the COVID-19 pandemic had a negative impact on economic growth in calendar year 2020, CRISIL anticipates a recovery and the return of India to its former position as one of the world’s fastest-growing economies in the medium term. The International Monetary Fund (“IMF”) expects India’s GDP to rise faster than other economies in the future. 

The MPC thinks India’s economic recovery is gaining momentum despite sluggish global growth. According to the most recent GDP statistics, growth slowed to 4.1% on-year in the fourth quarter of Fiscal 2022 from 5.4% in the third quarter. Nevertheless, the first quarter of Fiscal 2023 revealed a growing recovery. High frequency indicators of the economy’s health include bank credit, rail freight traffic, Goods and Service Tax (“GST”) collections, and steel consumption. The MPC also anticipates that an uptick in investment activity and contact-based service growth will bode positively for the economy. 

KFin Technologies IPO Company Overview 

In addition to offering a variety of investor solutions, including transaction origination and processing for mutual funds and private retirement plans in Malaysia, the Philippines, and Hong Kong, the company offers services and solutions to corporate issuers and asset managers across all asset classes in India. Based on the number of AMC clients it has served, as of September 30, 2022, the business is India’s largest investor solutions provider to Indian mutual funds.  

As of September 30, 2022, the company is also servicing 301 funds from 192 asset managers in India. The sole investor and issuer solutions provider in India, KFin Technologies Limited, provides services to corporate issuers as well as asset managers such mutual funds, alternative investment funds (“AIFs”), wealth managers, and pension funds. 

KFin Technologies IPO Objectives 

The company will not receive any proceeds from the Offer and all such proceeds will go to the Promoter Selling Shareholder. 

KFin Technologies IPO Financials 

 FY 2019 FY 2020 FY 2021 FY 2022 H1 FY 2023 
Revenue 162.4 449.9 481.1 639.5 348.8 
Expenses 150.9 436.8 418.7 441.6 243.1 
Net income 9.2 3.8 (64.4) 148.0 86.2 
Margin (%) 5.7 0.8 (13.4) 23.1 24.7 

Figures in INR crore unless specified otherwise 

KFin Technologies IPO Strengths 

  • Scaled platform with strong track record of growth and market leadership. 
  • Unique “platform-as-a-service” business model providing comprehensive end-to-end solutions enabled by technology solutions developed in-house. 

KFin Technologies IPO Weaknesses 

  • Erstwhile promoters are subject to ongoing investigations by enforcement agencies, including Enforcement Directorate, Ministry of Finance, Government of India (“ED”) and the outcome of such investigations may adversely impact our Company and the market price of Equity Shares. 
  • Significant disruptions in information technology systems or breaches of data security could adversely affect its business and reputation. 

Company Contact Information

KFin Technologies Limited
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032, Telangana
Phone: +91 40 7961 5565
Email: compliance.corp@kfintech.com
Website: http://www.kfintech.com/

KFin Technologies IPO Registrar

Bigshare Services Pvt Ltd

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

KFin Technologies IPO Lead Manager(s)

  1. ICICI Securities Limited (Past IPO Performance)
  2. Kotak Mahindra Capital Company Limited (Past IPO Performance)
  3. J.P. Morgan India Private Limited (Past IPO Performance)
  4. IIFL Securities Ltd (Past IPO Performance)
  5. Jefferies India Private Limited (Past IPO Performance)

Landmark Cars IPO: GMP, Issue Price, Issue size & Important Dates

Landmark Cars IPO is all set to debut in the indian stock market on 13 December 2022 with an issue size of 552cr Rs and is a leading premium automotive retail business in India. 

Landmark Cars IPO Details 

Landmark Cars IPO Dates 13 – 15 December 2022 
Landmark Cars IPO Price INR 481 – 506 per share 
Fresh issue INR 150 crore 
Offer For Sale INR 402 crore 
Total IPO size INR 552 crore 
Minimum bid (lot size) 29 shares (INR 14,674) 
Face Value  INR 5 per share 
DocumentsRHP,DRHP
Retail Allocation 35% 
Listing On NSE, BSE 

Landmark Cars IPO Tentative Dates 

Event Tentative Date 
Opening Date Dec 13, 2022 
Closing Date Dec 15, 2022 
Basis of Allotment Dec 20, 2022 
Initiation of Refunds Dec 21, 2022 
Credit of Shares to Demat Dec 22, 2022 
Listing Date Dec 23, 2022 
Sula Vineyards IPO: GMP, Issue price, Issue Size

Landmark Cars IPO Industry Overview 

As retail inflation has slowed and G-sec yields have fallen, the yields in India’s auto finance category have been dropping during the last two to three years, according to the CRISIL Report. Auto finance rates have stayed low since the marginal cost of funds-based lending rate (MCLR) regime went into effect on April 1, 2016, since banks were compelled to pass on the advantages of a lower interest rate to end-users. This has decreased yields since Fiscal Year by 100 to 130 basis points. 

2015. However, interest rates have risen since since the RBI began raising the repo rate in May 2022. From May 2022 to August 2022, the average finance rate for two-wheelers and passenger cars climbed by 135 bps and 94 bps, respectively. 

Landmark Cars IPO Company Overview 

Landmark Cars Limited, a company founded in 1998, is the top premium car retailer in India and has dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The firm also serves Ashok Leyland’s Indian retail commercial vehicle industry. Sales of new cars, after-sales service and maintenance (including the sale of spare parts, lubricants, and accessories), sales of used passenger cars, and facilitation of the sale of third-party finance and insurance products are just a few of the services provided by Landmark Cars. As of September 30, 2021, the company’s network had grown to 112 outlets in 8 Indian states, including 61 sales showrooms and outlets and 51 after-sales services and spares stores. 

Landmark Car

A total of 31 cities in eight states and a union territory, including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi, make up the Landmark Cars Limited vehicle dealership network. The business serves as a Mercedes-Benz, Honda, Volkswagen, Jeep, Renault, and Ashok Leyland authorised service centre. As of September 30, 2021, Landmark Cars additionally offered after-sales maintenance and repairs through 51 after-sales service and spare outlet locations. 

Landmark Cars Financial Statements 

Operational & Financial Ratios20212020201920182017
   Earnings Per Share (Rs)8.09-0.102.7320.437.25
   CEPS(Rs)8.424.193.7114.536.79
   DPS(Rs)0.000.000.730.600.00
   Book NAV/Share(Rs)134.20125.43128.55118.4698.75
   Tax Rate(%)24.58323.0032.3536.1136.04
Margin Ratios
   Core EBITDA Margin(%)6.812.892.984.663.09
   EBIT Margin(%)5.431.632.434.302.86
   Pre Tax Margin(%)3.500.010.973.641.71
   PAT Margin (%)2.64-0.030.652.331.09
   Cash Profit Margin (%)5.502.331.783.312.05
Performance Ratios
   ROA(%)3.10-0.041.305.822.36
   ROE(%)6.23-0.083.0418.827.62
   ROCE(%)8.162.796.1414.3810.51
   Asset Turnover(x)1.171.391.992.502.16
   Sales/Fixed Asset(x)5.556.698.178.889.52
   Working Capital/Sales(x)-127.04164.95-38.75-38.14163.45
Efficiency Ratios
   Fixed Capital/Sales(x)0.180.150.120.110.11
   Receivable days9.717.927.325.579.74
   Inventory Days65.8561.1852.7463.5486.61
   Payable days24.7017.5913.1611.8252.74
Valuation Parameters
   PER(x)0.000.000.000.000.00
   PCE(x)0.000.000.000.000.00
   Price/Book(x)0.000.000.000.000.00
   Yield(%)
   EV/Net Sales(x)0.210.230.200.180.21
   EV/Core EBITDA(x)2.535.695.653.465.54
   EV/EBIT(x)3.8713.918.264.257.39
   EV/CE(x)0.250.310.330.410.45
   M Cap / Sales0.000.000.000.000.00
Growth Ratio
   Net Sales Growth(%)-14.87-13.9210.0132.51-9.71
   Core EBITDA Growth(%)76.83-3.39-25.9583.35-16.39
   EBIT Growth(%)183.30-42.28-37.7699.08-24.54
   PAT Growth(%)8269.50-103.63-69.08181.90-34.99
   EPS Growth(%)8269.50-103.63-86.64181.90-89.16
Financial Stability Ratios
   Total Debt/Equity(x)0.430.660.621.411.43
   Current Ratio(x)0.981.020.910.911.02
   Quick Ratio(x)0.510.520.410.380.21
   Interest Cover(x)2.821.011.666.522.48
   Total Debt/Mcap(x)

Landmark Cars IPO Objectives 

The funds fot the proceedings will be used for the following purposes: 

1. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries. 

2. General corporate purposes. 

Landmark Cars LTD Strengths 

  • Leading automotive dealership for major OEMs with a strong focus on high growth segments. 
  • Growing presence in after-sales segment leading predictable growth in revenues and superior margins. 

Landmark Cars LTD Weaknesses 

  • Reported a loss in Fiscal 2020 and may incur additional losses in the future. 
  • Its business operations are heavily focused in the states of Gujarat and Maharashtra, therefore any unfavourable events in these states could have a negative impact on their operations. 

Company Contact Information

Landmark Cars Limited
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: companysecretary@landmarkindia.net
Website: https://www.grouplandmark.in/

Landmark Cars IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: landmark.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Landmark Cars IPO Lead Manager(s)

  1. Axis Capital Limited (Past IPO Performance)
  2. ICICI Securities Limited (Past IPO Performance)

Arihant Academy IPO: GMP, Price, Dates, Issue Size

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Arihant Academy IPO provides coaching services and parallel educational support verticals. The company offers services in the western suburbs of Mumbai, Maharashtra for Class 8, 9, and 10 for both State Board and ICSE Board. 

Arihant Academy IPO – Overview    

IPO Dates  16- 21 Dec 2022. 
IPO Price  INR 90 per share  
Fresh issue  1,635,200 shares (INR 14.72 crore)  
Offer For Sale  Nil 
Total IPO size  1,635,200 shares (INR 14.72 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

Arihant Academy IPO -Tentative Dates           

IPO Offer Opening Date  16 December 2022 
IPO Closing Date  21 December 2022  
Finalisation of Basis of Allotment  26 December 2022  
Initiation of refunds  27 December 2022  
Transfer of shares to demat accounts  28 December 2022  
IPO Listing Date  29 December 2022 
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview    

Arihant Academy is  providing coaching services and parallel educational support verticals. The company offers services in the western suburbs of Mumbai, Maharashtra for Class 8, 9 and 10 for both State Board and ICSE Board; Class 11 and 12 for the commerce and science section; tutoring students in the science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for the entry-level and second level exam, in the commerce section. 

The company operates under the brand name “Arihant Academy”. 

The company has managed to develop a base in the coaching classes sector by setting up 8 branches at the time of taking over the business of the M/s. Arihant Academy to 14 branches across all the sections. Arihant Academy Limited caters to around 6,000 students from these 14 coaching centres. 

IPO Objectives           

  • Working Capital requirements of the Company. 
  • To meet Issue Expenses. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          1104.26 829.09 814.3 
Total Revenue          1531.97 1409.77 1921.12 
Profit After Tax          201.86  1531.97 42.09 

Company Contact Information 

Arihant Academy Limited 
Ground Floor, Triveni Sadan, 
Opp Ambe Mata Temple, Carter Road No. 3, 
Borivali (East), Mumbai – 400066 
Phone: +91 9920781706 
Email: investors@arihantacademy.com 
Website: http://www.arihantacademy.com/ 

Arihant Academy IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: http://www.bigshareonline.com 

Arihant Academy IPO Lead Manager(s) 

  1. SHRENI SHARES PRIVATE LIMITED (Past IPO Performance) 

Lead Manager Reports 

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

Dollex Agrotech IPO:GMP, Price, Dates, Issue Size

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Dollex Agrotech IPO is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities. 

Dollex Agrotech IPO – Overview    

IPO Dates  15- 20 Dec 2022. 
IPO Price  INR 35 per share  
Fresh issue  6,968,000 shares (INR 24.39 crore)  
Offer For Sale  Nil 
Total IPO size  6,968,000 shares (INR 24.39 crore)  
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Dollex Agrotech IPO -Tentative Dates           

IPO Offer Opening Date  15 December 2022 
IPO Closing Date  20 December 2022  
Finalisation of Basis of Allotment  23 December 2022  
Initiation of refunds  26 December 2022  
Transfer of shares to demat accounts  27 December 2022  
IPO Listing Date  28 December 2022 
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview 

The company is into the business of manufacturing & trading sugar with captive power cogeneration capabilities also produce and sells its by-products such as mollases, pressed and bagasse. The bagasse is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW And achieved a turnover of Rs. 7,940.11 Lakhs and a Profit after tax of Rs. 326.90 Lakhs in the Financial year 2021-2022. 

The company’s product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar. 

The company have booked a space through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks with Star Agriwarehousing & Collateral Management Limited, situated at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT. 

The company have been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. The company offer sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers. 

Objects of the Issue 

  • Working Capital requirements of the Company. 
  • To meet Issue Expenses. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          11355.87 10499.28 8884.95 
Total Revenue          7962.58 7748.42 2590.08 
Profit After Tax          326.9  167.43 57.79 

Company Contact Information 

Dollex Agrotech Limited 
205, Naroli Arcade 19/1, 
Manorama Ganj, Palasia Square 
Indore, Madhya Pradesh – 452001 
Phone: +91 731 2495505 
Email: info@dollex.in 
Website: http://www.dollex.in/ 

Dollex Agrotech IPO Registrar 

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

Dollex Agrotech IPO Lead Manager(s) 

  1. Expert Global Consultants Private Limited (Past IPO Performance) 

Lead Manager Reports 

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

Uma Converter IPO:GMP, Price, Dates, Issue Size

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Uma Converter IPO is engaged in manufacturing flexible packaging material. The company product portfolio includes multi-colour pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags. 

Uma Converter IPO – Overview    

IPO Dates  15- 21 Dec 2022. 
IPO Price  INR 33 per share  
Fresh issue  5,580,000 shares (INR 18.14 crore)  
Offer For Sale  Nil 
Total IPO size  5,580,000 shares (INR 18.14 crore)  
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Uma ConverterIPO -Tentative Dates           

IPO Offer Opening Date  15 December 2022 
IPO Closing Date  21 December 2022  
Finalisation of Basis of Allotment  26 December 2022  
Initiation of refunds  27 December 2022  
Transfer of shares to demat accounts  28 December 2022  
IPO Listing Date  29 December 2022 
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview    

Uma Converter is into manufacturing flexible packaging material. The company product portfolio includes multi-colour pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, etc. 

The company has also executed a service agreement with Ambuja Cements Limited for the disposal of plastic waste in an environmentally friendly manner in the cement kiln process at high temperatures and long residence time, while simultaneously manufacturing cement of desired quality. 

Uma Converter Limited manufactures packaging material suitable for packaging products manufactured in the food and beverage industry, e-commerce industry, pharmaceutical industry, hygiene and personal care industry, household industry and agricultural industry.

 Objectives           

  • Working Capital requirements of the Company. 
  • To meet Issue Expenses. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          15140.92 13936.02 11296.41 
Total Revenue          18720.79 15911.11 10398.45 
Profit After Tax          494.96  445.09 281.91 

Company Contact Information 

Uma Converter Limited 
Block No. 868, Near CNG Petrol Pump, 
Santej Road, Village – Santej, 
Taluka – Kalol, Gandhinagar- 382 721, 
Phone: +91 93 2710 3652 
Email: cs@umaconverter.com 
Website: http://www.umaconverter.com/ 

Uma Converter IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: http://www.bigshareonline.com 

Uma Converter IPO Lead Manager(s) 

  1. GYR Capital Advisors Limited (Past IPO Performance) 

Lead Manager Reports 

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

Sula Vineyards IPO: GMP, Issue price, Issue Size

Sula Vineyards IPO is all set to debut in Indian stock market with issue size of 960.35cr and is one of the largest wine producers in India. 

Sula Vineyards IPO Details 

IPO Date Dec 12, 2022 to Dec 14, 2022 
Listing Date [.] 
Face Value ₹2 per share 
Price ₹340 to ₹357 per share 
Lot Size 42 Shares 
Issue Size 26,900,530 shares of ₹2 
(aggregating up to ₹960.35 Cr) 
Offer for Sale 26,900,530 shares of ₹2 
(aggregating up to ₹960.35 Cr) 
Issue Type Book Built Issue IPO 
DocumentsDRHP,RHP
Listing At BSE, NSE 
QIB Shares Offered Not more than 50% of the Offer 
NII (HNI) Shares Offered Not less than 15% of the Offer 
Retail Shares Offered Not less than 35% of the Offer 
Company Promoters Rajeev Samant is the company promoter. 

Sula Vineyards IPO Tentative Dates 

Event Tentative Date 
Opening Date Dec 12, 2022 
Closing Date Dec 14, 2022 
Basis of Allotment Dec 19, 2022 
Initiation of Refunds Dec 20, 2022 
Credit of Shares to Demat Dec 21, 2022 
Listing Date Dec 22, 2022 

Sula Vineyards LTD Industry Overview 

India consumes less than 100 ml of wine per person annually. Compared to the global average of close to 13%, wine makes up less than 1% of total alcohol consumption in India. Wine consumption is greater in industrialised nations and can reach close to 30% in Europe. 

With a per capita income of about USD 2100 in 2019, India has surpassed the threshold for per capita income when compared to China’s rise in wine consumption. This bodes well for India’s ability to increase wine consumption. Despite being one of the world’s fastest growing nations, India now has the lowest per capita wine consumption among major economies, at close to 25 millilitres.

A relatively low base supported by economic expansion, a favourable demographic dividend, and growing consumer acceptance of alcoholic beverages with low alcohol content are expected to propel the Indian wine market to sustained periods of rapid growth. The Indian wine market has the ability to expand significantly by utilising development prospects. 

Sula Vineyards IPO

Sula Vineyards IPO Company Overview 

The company also sells wine under a variety of well-known brands, including “Sula,” which is the “category inventor” of wine in India, as well as “RASA,” “Dindori,” “The Source,” “Satori,” “Madera,” and “Dia.” The company’s operations can be broadly divided into two categories: I the production of wine, importation of wines and spirits, and distribution of wines and spirits (the “Wine Business”); and (ii) the sale of services from ownership and management of wine tourism establishments, such as vineyard resorts and tasting rooms (the “Wine Tourism Business”) 

In the Indian states of Maharashtra and Karnataka, the company currently employs four owned and two leased production facilities to manufacture 56 different wine labels. With around 13,000 retail touchpoints nationwide in 2021, the company will have built the greatest distribution network among wine companies in India. Additionally, the business has a successful direct-to-consumer (“D2C”) sales channel, primarily through its facilities for the wine tourism industry in Nashik and Bengaluru. As of September 30, 2022, Sula Vineyards Limited had contracts with grape farmers for roughly 2,290 acres of long-term supply (of up to 12 years). 

Sula Vineyards IPO

Sula Vineyards IPO Objectives 

The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders. 

Sula Vineyards LTD Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-20 831.04 523.21 -15.94 299.95 368.24 
31-Mar-21 751.6 421.53 3.01 304.74 301.26 
30-Sep-21 717.55 160.46 4.53 344.32 262.45 
31-Mar-22 758.56 456.7 52.14 395.26 228.93 
30-Sep-22 770.95 225.76 30.51 449.18 214.64 
Amount in ₹ Crore 

Sula Vineyards IPO Prospectus 

Sula Vineyards IPO DRHP 

Sula Vineyards IPO RHP 

Sula Vineyards LTD Strengths 

  • Secured supply of raw material with long-term contracts exclusive to Sula0 
  • Leader and pioneer of the wine tourism business in India. 
  • Early adoption and focus on sustainability. 

Sula Vineyards LTD Weaknesses 

  • Industry is subject to a licensing and excise regime with changing laws, rules and regulations and legal uncertainties, including adverse application of corporate and tax laws. 
  • Benefit from high import duties imposed on imports of international wines in India, but these duties could be reduced or eliminated in the future. 
  • Adverse climatic conditions may impact the quality of wine grapes. 

Company Contact Information

Sula Vineyards Limited
901, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East), Mumbai 400 069 Maharashtra
Phone: +91 22 6128 0606
Email: cs@sulawines.com
Websitehttps://www.sulavineyards.com/

Sula Vineyards IPO Lead Manager(s)

  1. Kotak Mahindra Capital Company Limited (Past IPO Performance)
  2. CLSA India Private Limited (Past IPO Performance)
  3. IIFL Securities Ltd (Past IPO Performance)

Droneacharya Aerial Innovations IPO: GMP, Price, Dates, Issue Size

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Droneacharya Aerial Innovations IPO provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training. 

Droneacharya Aerial Innovations IPO – Overview    

IPO Dates  13-15 Dec 2022. 
IPO Price  INR 54 per share  
Fresh issue  6,290,000 shares (INR 33.97 crore)  
Offer For Sale  Nil 
Total IPO size  6,290,000 shares (INR 33.97 crore)  
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  35%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Droneacharya Aerial Innovations IPO -Tentative Dates           

IPO Offer Opening Date  13 December 2022 
IPO Closing Date  15 December 2022  
Finalisation of Basis of Allotment  20 December 2022  
Initiation of refunds  21 December 2022  
Transfer of shares to demat accounts  22 December 2022  
IPO Listing Date  23 December 2022 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 

Company Overview 

Droneacharya Aerial Innovations provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training

The company’s offerings can be classified into four broad categories namely, 

1. Training (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making and Drone data processing). 

2. Services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution). 

3. Surveillance (land surveying and underwater services). 

4. Others (Partnering up with SPH Engineering from Latvia, Droneacharya is also able to provide integrated drones solutions for Bathymetry, drone hows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring). 

Droneacharya Aerial Innovations Limited Drone is a full-fledged innovative solution, based out in the Cultural and IT hub of Pune, Maharashtra, with offices operating in Pune. 

Droneacharya’s recent pre-seed funding round closed at a whopping USD 4.6 Million, which is the highest for any drone startup across the country. 

Objects of the Issue 

  • Working Capital requirements of the Company. 
  • To meet Issue Expenses. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          1546.52 119.13 2.51 
Total Revenue          358.74 
Profit After Tax          40.65 -14.89 -2.3 

Company Contact Information 

Droneacharya Aerial Innovations Limited 
Cabin No. – 10, 5th Floor, 
IndiQube Penta, New No. 51, 
(Old No.14) Richmond Road, Bangalore – 560025 
Phone: +7758810315 
Email: cs@droneacharya.com 
Website: https://droneacharya.com/ 

Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: http://www.bigshareonline.com 

Lead Manager(s) 

  1. Corporate CapitalVentures Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Abans Holdings IPO:GMP, Issue Size, Issue Price & Important dates

Abans Holdings IPO is all set to debut in the stock market on December 12 2022 with issue size of 345.6 crores, and is also known as the financial arm of aban group. 

Abans Holdings IPO Details 

Abans Holdings LTD IPO Dates 12 – 15 December 2022 
Abans Holdings LTD IPO Price INR 256 – 270 per share 
Fresh issue 38,00,000 shares (INR 97.28 – 102.60 crore) 
Offer For Sale 90,00,000 shares (INR 230.40 – 243.00 crore) 
Total IPO size 128,00,000 shares (INR 327.68 – 345.6 crore) 
Minimum bid (lot size) 55 shares (INR 14,850) 
Face Value  INR 2 per share 
Retail Allocation 35% 
Listing On NSE, BSE 
DocumentsDRHP

Abans Holdings IPO Tentative Timetable 

Event Tentative Date 
Opening Date Dec 12, 2022 
Closing Date Dec 15, 2022 
Basis of Allotment Dec 20, 2022 
Initiation of Refunds Dec 21, 2022 
Credit of Shares to Demat Dec 22, 2022 
Listing Date Dec 23, 2022 
Uniparts India IPO: 7 Important Points To Remember

Abans Holdings Industry Overview 

AUM managed by the mutual fund sector totaled 37.75 trillion (US$474.87 billion) as of July 2022, and there were 135.6 million total accounts. Systematic Investment Plan (SIP) inflows into Indian mutual fund schemes totaled 48,565 crore (US$ 6.10 billion). By the end of December 2021, equity mutual funds had had a net inflow of 22.16 trillion (US$ 294.15 billion). 

The insurance sector is a significant part of India’s financial sector. The insurance sector has been rapidly growing. In FY22, life insurance company first-year premiums totaled $40.1 billion USD. Non-life insurance premiums totaled 36,680.69 crore (US$ 4.68 billion) in FY23 (through May 2022). 

Abans Holdings Company Overview 

Financial services, gold refining, jewellery manufacturing, commodities trading, agricultural trading and warehousing, software development, and real estate are all businesses that Abans Holdings Limited engages in. The business stands for the Abans Group’s financial services division. 

Abans Holdings Limited offers corporate, institutional, and high net worth clients NBFC services, global institutional trading in stocks, commodities, and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services, and wealth management services. 

Abans Holdings IPO Objectives 

The main objectives of the issue are as follows: 

a) Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements. 

b) General Corporate Purpose. 

Abans Holdings Financial  

  FY 2019 FY 2020 FY 2021 FY 2022 5M FY 2023 
Revenue 4,371.37 2,765.21 1,325.51 638.63 284.90 
Expenses 4,339.34 2,729.50 1,282.26 580.44 258.47 
Net income 42.03 34.83 41.90 56.88 27.28 
Margin (%) 0.96 1.26 3.16 8.91 9.58 

Abans Holdings Offer News 

Abans Holdings IPO Strengths 

  • An integrated financial services platform 
  • Strong human capital and organizational culture 

Abans Holdings IPO Weaknesses 

  • Continuing impacts of COVID-19. 
  • Company is primarily a holding Company and operates its all business through 17 subsidiaries. 
     

Company Contact Information

Abans Holdings Limited
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: compliance@abansholdings.com
Website: https://abansholdings.com/

Abans Holdings IPO Registrar

Bigshare Services Pvt Ltd

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

Abans Holdings IPO Lead Manager(s)

  1. Aryaman Financial Services limited (Past IPO Performance)