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Open
27 Sep to 3 Oct, 2023
✓
Close
27 Sep to 3 Oct, 2023
3
Allotment
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Listing
Wed, Oct 11, 2023
Price Band
₹29 to ₹31
Issue Size
1,51,72,000 shares (agg. up to ₹47 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Oct 11, 2023
Latest GMP
₹5
Est. Gain
16.13%
✦ AI Insight
GMP Trend
11-10-2023₹5Est. ₹36+16.13%
10-10-2023₹5Est. ₹36+16.13%
09-10-2023₹5Est. ₹36+16.13%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.49x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 63.78 | 47.54 | 20.03 |
| Total Income | 75.47 | 52.00 | 25.78 |
| Profit After Tax | 8.53 | 4.56 | 2.10 |
| NET Worth | 25.38 | 16.83 | 12.58 |
| Reserves and Surplus | 16.10 | 7.55 | 5.47 |
| Total Borrowing | 14.16 | 8.79 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,278.95 (-0.66%) |
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹23.25 (-4.91%) |
| AccelerateBS India Ltd. | SME | ₹5.69 Cr | ₹90 | 27.27 | ₹114.97 | +27.74% | ₹100.23 (-5.00%) |
| Systango Technologies Ltd. | SME | ₹34.82 Cr | ₹90 | 15.13 | ₹102.90 | +14.33% | ₹222.55 (-1.92%) |
| All E Technologies Ltd. | SME | ₹48.20 Cr | ₹90 | 15.36 | ₹131.25 | +45.83% | ₹139.95 (-2.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of expenditure relating to solutions development for digital transformation and water resources management solutions | 11.00 |
| 2 | Creation of new delivery centre including infrastructure thereof and upgrading existing facilities; | 8.94 |
| 3 | Funding working capital requirements of the Company | 15.00 |
| 4 | General corporate purposes | 6.09 |
About Canarys Automations IPO
Incorporated in 1991, Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence. The company has two business verticals: Technology solutions: This includes a multiple array of consulting solutions in Digitalization, Modernization, Cloudification, Automation, Transformation, and Intelligence. Technology expertise includes DevOps Consulting (Azure, GitHub, Atlassian, GitLab, etc.), Cloud Consulting (Azure, AWS, GCP), Digital Enterprise Solutions using SAP, MS Dynamics 365, RPA, Digital Applications, and Mobility Solutions. Water Resource Management Solution: This involves automation solutions to modernize irrigation water conservation and improve water use efficiency, Turnkey flood risk assessment and mitigation, cloud-based water utilization process automation for water sharing in rivers and canals, and SCADA gate control systems. Canarys Automations' solutions span across various industry sectors, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance, and more. The company has provided business applications to over 1000 customers. Besides India, the company has serviced customers from more t
Contact Details
Canarys Automations Ltd. AddressNo.566 & 567, 2nd Floor, 30th MainAttimabbe Road, BanagirinagaraBanashankari 3rd StageBengaluru, Karnataka, 560085+91 98458 62780nagashree.hegde@ecanarys.comVisit Website