Precision Metaliks Ltd. IPO
Issue Price
₹51
GMP
—
Lot Size
2,000
Face Value
₹10
Issue Size
4,300,000 shares (aggregating up to ₹22 Cr)
Subscription
—
IPO Timeline
Open Date19-Jan-22
Close Date24-Jan-22
Allotment28-Jan-22
Refund Initiation31-Jan-22
Demat Credit1-Feb-22
UPI Mandate Deadline24-Jan-22
Listing Date1-Feb-22
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,042,000 (47%) | — | ₹1,041 Cr |
| Retail | — | 2,042,000 (47%) | — | ₹1,041 Cr |
| Market Maker | — | 216,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 4,300,000 (100%) | — | ₹21,930 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹51
Face Value₹10
Lot Size2,000 shares
Issue Size4,300,000 shares (aggregating up to ₹22 Cr)
Issue TypeFixed Price IPO
Listing ExchangeNSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public4,084,000 shares (aggregating up to ₹21 Cr)
Amount InLakhs
Stock Price History · NSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,428,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,834,000 |
Retail1 lot(s)2,000 shares₹102,000
S-HNI2 lot(s)4,000 shares₹204,000
Financial Statements Amount in Lakhs
| Metric | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 4,813 | 4,924 | 2,218 |
| Profit After Tax | 215 | 149 | 82 |
| Total Assets | 2,023 | 2,148 | 1,367 |
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E19
Post P/E—
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Meeting additional Working Capital Requirements – 16.00
- 2 General Corporate Purpose – 4.43
Company Overview
Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.
Key Products & Services
- Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.
- Automated cleaning of Aluminium chips + briquetting into Ingots.
- Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.
- Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.
Competitive strengths
- Specialized in finishing semi-finished alloy wheels.
- Low-cost infrastructure and high-end technology.
- Strong customer relationship.
- Professional and experienced management team.
Company Information
Address6-3-855/10/A, Flat No. 4A, Sampathji Apartments Saadat Manzil, , Ameerpet Hyderabad, Telangana, 500016
Phone91 891 4884132