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Open
9 Sep 2022
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Close
14 Sep 2022
3
Allotment
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Listing
Thu, Sep 22, 2022
Price Band
₹80 per share
Issue Size
22,80,000 shares (agg. up to ₹18 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Sep 22, 2022
Latest GMP
₹0
Est. Gain
1%
✦ AI Insight
GMP Trend
20-09-2022₹0Est. ₹80+1%
19-09-2022₹0Est. ₹80+1%
13-09-2022₹0Est. ₹80+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.54x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 21.69 | 14.53 | 17.04 | 15.31 |
| Total Income | 21.74 | 22.71 | 22.73 | 27.08 |
| Profit After Tax | 1.27 | 0.15 | 0.28 | 0.40 |
| NET Worth | 6.20 | 4.96 | 4.81 | 4.53 |
| Reserves and Surplus | 1.27 | 3.63 | 3.47 | 3.19 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Quality RO Industries Ltd. | SME | ₹2.70 Cr | ₹51 | 113 | ₹53.70 | +5.29% | ₹45.90 (-10.00%) |
| Syrma SGS Technology Ltd. | Mainboard | ₹840.13 Cr | ₹220 | 50.69 | ₹310.50 | +41.14% | ₹1,423.90 (+1.39%) |
| Tega Industries Ltd. | Mainboard | ₹619.23 Cr | ₹453 | null | ₹726.05 | +60.28% | ₹1,644.50 (+1.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Proposed Joint Venture and/or Acquisition | 3.50 |
| 2 | To meet the Working Capital requirements | 10.00 |
| 3 | General Corporate Expenses | 2.80 |
| 4 | To meet the expenses of the Issue | 1.94 |
About Ishan International IPO
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals and Pollution Control Systems. The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal RRobina CorporationC Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT. Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in the process). The company's core strength Quality Management System in place
Contact Details
Ishan International Ltd. Address607, Chiranjiv TowerNehru PlaceNew Delhi, New Delhi, 110019+919315603745cs@ishangroup.co.inVisit Website