Containe Technologies IPO: GMP, Price, Dates, Issue Size

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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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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) 

  1. Finshore Management Services Limited (Past IPO Performance) 

Lead Manager Reports 

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

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