Presstonic Engineering Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,536,000 (47%) | — | ₹1,106 Cr |
| Retail | — | 1,536,000 (47%) | — | ₹1,106 Cr |
| Market Maker | — | 163,200 (5%) | — | ₹12 Cr |
| Σ Total | — | 3,236,800 (100%) | — | ₹23,305 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 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,432 | 2,113 | 1,272 |
| Profit After Tax | 152 | 256 | 14 |
| Net Worth | 646 | 493 | 237 |
| Total Assets | 2,851 | 2,738 | 2,497 |
| Reserves & Surplus | 199 | 270 | 14 |
| Total Borrowing | 1,537 | 1,797 | 1,797 |
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
- Funding Capital Expenditure towards the purchase of additional plant and machinery –
- Prepayment in full of certain borrowings availed by the Company –
- To meet the Working Capital Requirements –
- To meet the Issue Expenses –
- General Corporate Purposes. –
Company Overview
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 Panels, Wire Form and Cable Trays, etc.
The company's manufacturing facility is located in Viswaneedam, Bangalore, and is spread over 28,317.50 sq. ft.