Anlon Technology Solutions IPO

Anlon Technology Solutions IPO

Anlon Technology Solutions IPO will open for subscription from 29 December 2022. the company aims for an issue size of ₹15 Cr through this IPO.

About Company

Anlon Technology is primarily engaged in the business of providing engineering services. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, mostly for airports, high-rise buildings, and refineries.

The company also sells spare parts for performing engineering services. In FY 2022, it entered into a contract for the fabrication and installation of airport interior equipment where it did sourcing, supervising & quality control of the manufacturing process, and did safe transportation & installation of the end product to the installation site.

The company provides services to clients spread across the country, namely in cities like Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore, and Chennai. There are two primary segments for the company’s business:

  • Engineering services: (Commissions from the Sale of Equipment, Spare Parts Trading, and Maintenance and Service)
  • Designing, Fabrication, and Installation Services: (Maintenance and Service for the products sold)

Basic details about the company

Full nameAnlon Technology Solutions Limited
SectorCapital Goods
Company Website

The objective of the Issue

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Major Competitive strengths

  • The experienced management team and Strong technical team.
  • 24*7 Availability for customer service and Fulfilling other service gaps.
  • 24*7 Availability for customer service and After-sales service and operation.

IPO Timetable

IPO Opening date29 December 2022
IPO Closing02 January 2023
Basis of Allotment05 January 2023
Initiation Refund06 January 2023
Credit to Demat Account09 January 2023
Listing Date10 January 2023

IPO details

Issue typeBook Built Issue IPO
IPO issue size₹15.00 Cr – 1,500,000 shares
Fresh Issue₹15.00 Cr – 1,500,000 shares
Offer for saleNil
Face value₹10 per share
Price Band₹95 to ₹100 per share
Lot size1200 Shares
Retail Allocation35%
Listing ExchangeNSE SME

IPO Lot Size

Retail (Min)11200₹120,000
Retail (Max)11200₹120,000
HNI (Min)22,400₹240,000

Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income0.690.742.432.39
(Amount in ₹ Crores)

Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio16.50
RONW (%)39.7829.9049.71
ROCE (%)57.7131.9437.58
EBITDA Margin (%)7.959.2120.98

Company Promoters

  • Mr. Unnikrishnan Nair P M
  • Mrs. Beena Unnikrishnan

Promoter Holding

Pre Issue Share Holding94.55%
Post Issue Share Holding-%

Lead Manager(s)

  • GYR Capital Advisors Limited

IPO Registrar

C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91 022 49186200

Contact Details

Plot No.22, Doddaballapur Integrated
Textile Park SW-51, Apparel Park,
Phase II, KIADB Industrial Area
Doddaballapur, Karnataka 561203
Phone:+91 80 41235861

Allotment Status

Anlon Technology IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.

Final thoughts

Anlon Technology Solutions IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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