Ishan International IPO will hit Dalal street on 09 September 20200. the company aims for an issue size of ₹18.24 Cr through this fixed price issue IPO.
Ishan International Limited
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam, and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal Robina CorporationC Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT.
Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam), and Kenya (in the process). The company’s core strength Quality Management System in place under ISO 9001: 2015.
Ishan International Limited’s products include ESPs, Jaggery Plant and Equipment, Cane Crushing Equipment, Mill Cheeks, Gear Boxes, Rope Couplings, Ropeless Couplings, Square Couplings, Automation Equipment, Complete Rollers, Bare Shells, Hammers Tips, Shafts, Juice Rings, Fibrizer, AC Motor for 1500KW Mill Drive with Accessories, Grooving Tools, Tableting machines, Powder filling lines, Liquid filling lines, Lab equipment, Sterilizing tunnels, Washing machines, AHUs, Filters, Distillation units, Automatic High-Speed Labeling Machine, Tablet Dissolution Test Apparatus, Pure Steam Generator, among other.
Major Competitive Strengths
- Strong brand presence in South-East Asia.
- Diversification in various sectors ensures steady revenue.
- A combination of experience and expertise.
- Sustainable and Strong Order Book.
- Focus on quality, cost efficiencies, and timely implementation.
- High Customer Satisfaction.
- Well Established Supply and Logistic Chain.
- Strong Risk Management.
Objects of the Issue
- To meet the Working Capital requirements.
- Funding the Proposed Joint Venture and/or Acquisition.
- General Corporate Expenses.
Basic details about the company
| Full name | Ishan International Limited |
| Sector | Construction |
| Industry | Heavy machines-Construction |
| Company Website | www.ishanglobal.com |
Dates to remember
| IPO Opening date | 09 September 2022 |
| IPO Closing | 14 September 2022 |
| Basis of Allotment | 15 September 2022 |
| Initiation Refunds | 16 September 2022 |
| Credit to Demat Account | 17 September 2022 |
| Listing Date | 20 September 2022 |
shan International IPO Details
| Issue Type | Fixed Price Issue |
| Price Band | 80 Rs Per Share |
| Fresh issue | 18.24 Crore |
| Offer for Sale | NIL |
| Total IPO size | 18.24 Crore |
| Minimum bid (lot size) | 1600 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | NSE SME |
Ishan International IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
Ishan International Financial performance
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| Jan-22 | 1854.78 | 1752.1 | 120.73 | 2.46 |
| 31-Mar-21 | 1452.52 | 2271.2 | 15.05 | 1.13 |
| 31-Mar-20 | 1704.15 | 2272.56 | 28.42 | 2.13 |
Company Promoters
- Shantanu Srivastava
Ishan International IPO Promoter Holding
| Pre Issue Share Holding | 99.61% |
| Post Issue Share Holding | 65.21% |
Lead Manager(s)
- First Overseas Capital Limited
Registrar of Ishan International IPO
KFIN TECHNOLOGIES LIMITED
Selenium Tower B, Plot No. 31 & 32, Financial District, Nanakramguda,
Serilingampally, Rangareddi, Hyderabad, 500 032, Telangana, India
Tel No. +91 40 6716 2222
E-mail: ishan.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M Murali Krishna
SEBI Registration No.: INR000000221
Ishan International Contact Details
Ishan International Limited
607, Chiranjiv Tower,
Nehru Place, New Delhi
110019
Phone: +919315603745
Email: cs@ishangroup.co.in
Website: http://www.ishanglobal.com/
Final thoughts
Ishan International 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
