All E Technologies was incorporated on June 16, 2000. Also known as Alletec, it is a Microsoft business application and digital transformation company. It helps clients stay ahead with intelligent business applications by leveraging the suite of Microsoft dynamics 365, power platform, data and AI.
| Bidding Dates |
|---|
| 09 Dec 2022 - 13 Dec 2022 |
| Subscription |
|---|
| 88.69x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,44,000 | 1 | 1 | 1600 | 5.4 M | ₹87 - ₹90 | 73.48 % | ₹465.9 M - ₹482.0 M | RHP DOC |
All e Technologies IPO SUBSCRIPTION STATUS
13 Dec '22All e Technologies IPO overall subscription rate was 88.69 times the total available shares
All e Technologies IPO retail subscription rate was 132.46 times in the retail segment
All e Technologies IPO non-institutional investor subscription rate was 237.07 times in the non-institutional investor category
All e Technologies IPO Qualified Institutional Bidder subscription rate was 13.53 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
13 Dec 2022 (Day 3) | 132.46x | 237.07x | 13.53x |
12 Dec 2022 (Day 2) | 36.61x | 13.35x | 1.99x |
09 Dec 2022 (Day 1) | 6.74x | 2.81x | 1.4x |
All e Technologies FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| Q1FY23 | 29.2 | 225.5 | 46.4 | 44.6 |
| FY22 | 82.2 | 700.5 | 85.2 | 78.4 |
| FY21 | 97.3 | 612.2 | 119.1 | 116.0 |
| FY20 | 17.9 | 537.1 | -34.2 | -36.7 |
All e Technologies IPO SUBSCRIPTION STATUS DETAILS
All e Technologies had 5.4 M shares on offer
All e Technologies IPO offer price was in the range ₹87 - ₹90
All e Technologies IPO minimum Investment was ₹144000
All e Technologies IPO issue size was ₹ 465.9 M - ₹ 482.0 M
All e Technologies had a minimum lot size of 1600 Shares per application
All e Technologies NUMBER OF SHARES ON OFFER
All e Technologies IPO IMPORTANT DATES
| Issue Open Date | 09 Dec 2022 |
| Issue close Date | 13 Dec 2022 |
| Allotment Date | 16 Dec 2022 |
| Refund Date | 19 Dec 2022 |
| Demat Account Credit Date | 20 Dec 2022 |
| Listing Date | 21 Dec 2022 |
| Listing on Exchange(s) | NSE |
| All e Technologies Allotment Status | Exchange |
All e Technologies IPO subscription opened on 09 Dec 2022, and closed on 13 Dec 2022
IPO allotment for All e Technologies was finalized on Friday, 16 Dec 2022
IPO listing for All e Technologies was on NSE on Wednesday, 21 Dec 2022
All e Technologies IPO LISTING GAINS
| Issue Price (adjusted) | 90.0 |
| Listing Open Price | 125.0 |
| Listing Close Price | 131.3 |
| Listing Gain% | 38.9% |
| Current Gain% | 48.9% |
All e Technologies Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| All e Technologies Ltd. | 134 | 270.7 | 10.5 | -0.7 | 2 | 15.2 | 12.3 | 149.6 | 0.1 | 25.7 | -14.7 | 12.7 | -14.7 |
| Tata Consultancy Services Ltd. | 2452.7 | 887408.3 | 17.8 | 16.7 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1175.1 | 476862.2 | 15.7 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.6 | 368135.8 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 187.5 | 185737.1 | 14.1 | -7.8 | 2 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635 | 160243.9 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
All e Technologies INFORMATION ON IPO ISSUE
About All e Technologies
All E Technologies was incorporated on June 16, 2000. Also known as Alletec, it is a Microsoft business application and digital transformation company. It helps clients stay ahead with intelligent business applications by leveraging the suite of Microsoft dynamics 365, power platform, data and AI.
Object of the Issue
- Expansion of business
- Acquisitions of businesses in similar or complementary areas
- General corporate purposes
All e Technologies - PROMOTERS
| Name |
|---|
| Ajay Mian |
| Suman Mian |
All e Technologies Lead Manager to the Issue
Unistone Capital Private Limited
mb@unistonecapital.com
All e Technologies Registrar to the Issue
Skyline Financial Services Limited
ipo@skylinerta.com
All e Technologies Strengths
Collaborations
The company has business collaborations with Microsoft and its partners globally
Location and office
The company has been servicing international customers since its inception. In India, it has operations in five locations—Delhi/Noida, Kolkata, Chennai, Mumbai and Bangalore
Intellectual property
The company has developed industry-specific, technology-specific and platform-specific assets, giving it an edge in the market. These intellectual property assets are available on the Microsoft AppSource
All e Technologies Risks
Dependent on Microsoft
Any inability to license or incorporate software and technology from Microsoft in the solutions may adversely impact the company's business, financial position, results of operations and cash flows
Related party transactions
The company in the past has entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders
Legal proceeding
The company, subsidiaries and independent directors are involved in legal proceedings and any adverse decision may render the company liable and adversely affect the business and results of operations
IPO FAQs
This IPO consists of an offer for sale of up to Rs 4.4 crore, of 491,200 shares. It also consists of a fresh issue of Rs 43.8 crore.
The promoters of the company are Ajay Mian and Suman Mian.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 87.0 - 90.0.
The IPO application opens on Dec 09, 2022 and closes on Dec 13, 2022.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 144,000.0, the maximum value for this IPO is Rs 144,000.0.
This IPO will be allotted on Dec 16, 2022.
The refund will be credited to your account on Dec 19, 2022.
The allotted shares will be credited to your demat on Dec 20, 2022.
All E Technologies Ltd.’s shares listed on the stock exchanges on Dec 21, 2022.