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Open
11 Dec 2023
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Close
13 Dec 2023
3
Allotment
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Listing
Mon, Dec 18, 2023
Price Band
₹72 per share
Issue Size
32,36,800 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Dec 18, 2023
Latest GMP
₹72
Est. Gain
100%
✦ AI Insight
GMP Trend
18-12-2023₹72Est. ₹144+100%
17-12-2023₹72Est. ₹144+100%
16-12-2023₹69Est. ₹141+95.83%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 159.70x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 28.51 | 27.38 | 24.97 | 23.87 |
| Total Income | 14.32 | 21.13 | 12.72 | 7.69 |
| Profit After Tax | 1.52 | 2.56 | 0.14 | -0.17 |
| NET Worth | 6.46 | 4.93 | 2.37 | 2.23 |
| Reserves and Surplus | 1.99 | 2.70 | 0.14 | -0.00 |
| Total Borrowing | 15.37 | 16.45 | 17.97 | 17.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Arrowhead Seperation Engineering Ltd. | SME | ₹13.00 Cr | ₹233 | 18.09 | ₹237.50 | +1.93% | ₹70.00 (+0.00%) |
| Kalyani Cast Tech Ltd. | SME | ₹30.11 Cr | ₹139 | 8.67 | ₹277.30 | +99.50% | ₹802.65 (+5.00%) |
| Vinyas Innovative Technologies Ltd. | SME | ₹54.66 Cr | ₹165 | 8.4 | ₹346.50 | +110.00% | ₹1,348.00 (+3.69%) |
| Sunita Tools Ltd. | SME | ₹22.04 Cr | ₹145 | 16.88 | ₹147.25 | +1.55% | ₹885.15 (+2.00%) |
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹144.05 (-3.61%) |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹586.90 (+9.08%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards purchase of additional plant and machinery | 2.32 |
| 2 | Prepayment in full of certain borrowings availed by the Company | 5.00 |
| 3 | Working Capital Requirements | 9.23 |
| 4 | General Corporate Expenses | 3.50 |
| Total | 20.06 |
About Presstonic Engineering IPO
Incorporated in 1996, Presstonic Engineering Limited manufactures products for Metro Rail Rolling Stock, Metro Rail Signalling and Infrastructure. Presstonic Engineering manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products for global and domestic OEMs engaged in the manufacture and maintenance of rail and metro rail rolling stock and signaling equipment. The company's product portfolio includes: Metro Rail Rolling Stock Products: Rolling Stock Interior Products: Saloon Bucket/Plain Type Seat, Custom Colored Engineered Handles, Grab Pole System, Hand Rail System, Emergency Evacuation Ramp, Honeycomb Partition Panels, etc. Rolling Stock Non-Interior Products: Aluminum Cable Management Systems, Cab Handrail, Under Carriage Frame Module, Air Handling Unit, Battery Box, Equipment Mounting Frames, Gangway Frame, Driver Foot Rest Assembly, Enclosure Box, Driver Simulator Cabin, etc. Metro Rail Signaling Products: IP Rated Enclosures, Beacon Mounting Brackets, Ballastless Support Bracket, DCS Mast, Ladder Assembly with DCS Mast Platform, etc. Infrastructure Products: Steel Structure and Aluminum Murals, Support Structure for Solar Pane
Contact Details
Presstonic Engineering Ltd. AddressSy.No.2, Khatha No.145, Hoysala Main RoadPillappa Industrial Layout, SrigandhadakavaluSunkadakatte, ViswaneedamBengaluru, Karnataka, 560091+91 80 23480001cs@presstonengg.comVisit Website