IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Presstonic Engineering IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Engineering - EPC sector. Finshore Management Services is the merchant banker of Presstonic Engineering IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2023.
Presstonic Engineering IPO open date is 11th December 2023 and close date is 13th December 2023. IPO Allotment Date is 14th December 2023 and Listing date is 18th December 2023.Presstonic Engineering IPO size is Rs 23.30 Cr. crores with IPO price of Rs 72.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Presstonic Engineering IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Presstonic Engineering IPO.
Presstonic Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Presstonic Engineering IPO, based in Bangalore, operates in the Engineering - EPC sector with a focus on manufactures Metro Rail Rolling Stock Products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Presstonic Engineering IPO size is ₹ 23.30 Cr. Crores with fresh issue size of Rs 23.30 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Presstonic Engineering IPO is expected to be 14th December 2023, after the finalization of basis of allotment. Investors can check Presstonic Engineering IPO allotment status on the registrars website, Cameo Corporate Services Limited. Presstonic Engineering IPO refund dates are 15th December 2023.
Presstonic Engineering IPO is expected to be listed on 18th December 2023.
The upper price band for the Presstonic Engineering IPO is set at ₹ 72.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Presstonic Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Presstonic Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th December 2023. After submission, funds are blocked until the basis of allotment of Presstonic Engineering IPO is finalised.
The merchant banker for Presstonic Engineering IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Presstonic Engineering IPO RHP for further details.
The registrar for Presstonic Engineering IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Presstonic Engineering IPO through their official website or helpline.
Presstonic Engineering IPO was subscribed 168.25 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.30 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.62 Cr.
Sector: Engineering - EPC
SME IPO so far:
20
Merchant Banker:
Finshore Management
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 28.50 cr.
PE
Ratio:
18.23x
Average Sector PE Ratio: 13.10x
Presstonic Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Presstonic Engineering Financial Review Page
Merchant Banker(s) of Presstonic Engineering IPO: Finshore Management Services Limited
Presstonic Engineering IPO subscription was 168.25 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.
Presstonic Engineering IPO listed at a listing price of 147.00 against the offer price of 72.00.
The current market price of Presstonic Engineering is 121.95.
Why Us?
