AAA Technologies IPO, Review, IPO Performance by IPOPlatform India

About AAA Technologies

Company Information

AAA Technologies is an Information Technology and Information Security Auditing & Consulting Company offering a platform that enables organizations to identify the issues of corporate governance of the information system in computerized environment and execute security controls to safeguard information and information system. The Company offers IT audit services like Information System Audit, Cyber Security, IT Assurance & Compliance, Information Security and IT Governance to BFSI, Government, Regulatory Agencies and Public and Private Sector Organizations. To Procure business from BFSI, Government, Regulatory Agencies and Public Sector Companies they bid for tenders available for CERT-In empaneled IT Security Organizations; and NICSI a company under National Informatics Centre, Ministry of Electronics and Information Technology, GOI for providing and procuring IT solutions for multiple E-governance projects undertaken by

Object of Issue

To use funds for expansion and development of business operations
To meet the working capital requirements and security deposit towards bank guarantees/LC
To meet issue-related expenses

AAA Technologies SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Oct, 2020

IPO Size :

10.23 Cr.

IPO Subscription :

2.39 X

PE Multiple :

9.70

Merchant Banker :
Chartered Finance Management Limited

IPO Registrar:
Link Intime India Private Limited

Anchor Investors:

FAQs

1. What is AAA Technologies IPO?

AAA Technologies operates in Information Technology - Data Solutions and Information Security Audit And Consulting. The Issue is listed on NSE EMERGE in Oct, 2020. AAA Technologies IPO size was 10.23 Cr. with Issue price of 42.00 .

2. Who is the merchant banker of AAA Technologies IPO?

Merchant Banker(s) of AAA Technologies IPO: Chartered Finance Management Limited

3. How many times AAA Technologies IPO was subscribed?

AAA Technologies IPO subscription was 2.39 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of AAA Technologies IPO?

AAA Technologies IPO listed at a listing price of 43.60 against the offer price of 42.00.

5. What is the current market price of AAA Technologies IPO?

The current market price of AAA Technologies is 72.36.