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Open
7 May 2024
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Close
9 May 2024
3
Allotment
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Listing
Tue, May 14, 2024
Price Band
₹123 per share
Issue Size
11,00,000 shares (agg. up to ₹14 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, May 14, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 38.23x |
Restated Financials (₹ Cr.)
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9.69 | 10.16 | 1.54 | 0.60 |
| Total Income | 13.60 | 13.91 | 6.94 | 1.46 |
| Profit After Tax | 2.77 | 1.79 | -0.08 | -0.17 |
| NET Worth | 6.19 | 3.52 | 0.48 | 0.56 |
| Reserves and Surplus | 3.75 | 0.98 | 0.47 | 0.55 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kaushalya Logistics Ltd. | SME | ₹36.60 Cr | ₹75 | 0.16 | ₹105.00 | +40.00% | ₹28.70 (-2.71%) |
| Net Avenue Technologies Ltd. | SME | ₹10.25 Cr | ₹18 | 8.57 | ₹39.90 | +121.67% | ₹6.35 (+2.42%) |
| WomanCart Ltd. | SME | ₹9.56 Cr | ₹86 | 50.67 | ₹122.85 | +42.85% | ₹99.70 (-1.29%) |
| Ahasolar Technologies Ltd. | SME | ₹12.85 Cr | ₹157 | 27.45 | ₹213.15 | +35.76% | ₹82.33 (+2.81%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Software | 5.00 |
| 2 | To meet working capital requirements | 5.00 |
| 3 | General corporate purposes | 2.43 |
About Finelistings Technologies IPO
Incorporated in 2018, Finelistings Technologies Limited is engaged in various businesses, namely (a) retail of used luxury cars and (b) software development services. 1. Retail used luxury cars: In this segment, the Company sells used premium and high-end luxury vehicles with an average selling price of ₹ 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. The company offers after-sales services and repairs through affiliated service centers. The company also helps its customers get financial support from third-party financiers. The company commenced operations and opened its first showroom under the Finecars brand "in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR). 2. Software development services: Under this framework, the company offers cloud-based services, IT consulting services such as big data analytics, cloud architecture, data engineering, IoT solutions, and solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development. As at October 31, 2023, the company had a total of 5 employees.+ Read More
Contact Details
Finelistings Technologies Ltd. AddressG-07, Ground Floor, Ambience MallNelson Mandela Road, Vasant KunjNew Delhi, New Delhi, 110070+91 93551 11911cs@finelistings.comVisit Website