Nirmitee Robotics India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 82,800 (47%) | — | ₹153 Cr |
| Retail | — | 82,800 (47%) | — | ₹153 Cr |
| Market Maker | — | 9,600 (5%) | — | ₹2 Cr |
| Σ Total | — | 175,200 (100%) | — | ₹3,241 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹111,000 |
| Retail (Max) | 13 | 7,800 | ₹1,443,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,554,000 |
| B-HNI (Min) | 67 | 40,200 | ₹7,437,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sep-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 100 | 204 | 70 |
| Profit After Tax | 3 | 21 | 2 |
| Total Assets | 225 | 239 | 106 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Redemption of Preference Shares – 1.75
- Security Deposit towards acquisition of Registered Office, R & D facility & assembling unit – 1.00
- General Corporate Purpose – 0.08
Company Overview
Incorporated in 2016, Nirmitee Robotics India Ltd makes robots using robotic technology to offer ozone sterilization and HVAC duct cleaning services. It has customized robots that are controlled by machines to scrub, polish, scrap, remove dust, bacteria, and debris and to sanitize the duct for more months.
The company has patented duct cleaning robots to do cleaning, inspection, and post-cleaning operations. These robots have an advanced controller mechanism along with a high-resolution camera.
Nirmitee Robotics serves a wide range of industries such as convention centers, trains, hospitals, offices, and builds house sensitive equipment such as data centers. It is an ISO certified company to implement a quality management system and work across different regions.
Competitive Strengths
1. Advanced Technology
2. Positive Social and Environmental Impact
3. Qualified Management Team