Anlon Technology Solutions was incorporated on July 28, 2015. The company is primarily engaged in the business of providing engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings and refineries.
| Bidding Dates |
|---|
| 29 Dec 2022 - 02 Jan 2023 |
| Subscription |
|---|
| 428.48x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 1200 | 1.5 M | ₹100 | 73.24 % | ₹150.0 M | RHP DOC |
Anlon Technology IPO SUBSCRIPTION STATUS
02 Jan '23Anlon Technology IPO overall subscription rate was 428.48 times the total available shares
Anlon Technology IPO retail subscription rate was 446.79 times in the retail segment
Anlon Technology IPO non-institutional investor subscription rate was 883.58 times in the non-institutional investor category
Anlon Technology IPO Qualified Institutional Bidder subscription rate was 54.53 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Jan 2023 (Day 3) | 446.79x | 883.58x | 54.53x |
30 Dec 2022 (Day 2) | 112.23x | 72.85x | 9.24x |
29 Dec 2022 (Day 1) | 35.12x | 14.58x | 4.27x |
Anlon Technology 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) | Margins |
| H1FY23 | 23.9 | 132.0 | 6.6 | 5.4 | 28.5% |
| FY22 | 24.3 | 193.4 | -3.4 | -28.2 | 20.5% |
| FY21 | 7.4 | 143.5 | 1.2 | 0.7 | 9.0% |
| FY20 | 6.9 | 136.9 | 15.3 | -1.3 | 7.9% |
Anlon Technology IPO SUBSCRIPTION STATUS DETAILS
Anlon Technology had 1.5 M shares on offer
Anlon Technology IPO offer price was ₹100
Anlon Technology IPO minimum Investment was ₹120000
Anlon Technology IPO issue size was ₹ 150.0 M
Anlon Technology had a minimum lot size of 1200 Shares per application
Anlon Technology NUMBER OF SHARES ON OFFER
Anlon Technology IPO IMPORTANT DATES
| Issue Open Date | 29 Dec 2022 |
| Issue close Date | 02 Jan 2023 |
| Allotment Date | 05 Jan 2023 |
| Refund Date | 06 Jan 2023 |
| Demat Account Credit Date | 09 Jan 2023 |
| Listing Date | 10 Jan 2023 |
| Listing on Exchange(s) | NSE |
| Anlon Technology Allotment Status | Exchange |
Anlon Technology IPO subscription opened on 29 Dec 2022, and closed on 02 Jan 2023
IPO allotment for Anlon Technology was finalized on Thursday, 05 Jan 2023
IPO listing for Anlon Technology was on NSE on Tuesday, 10 Jan 2023
Anlon Technology IPO LISTING GAINS
| Issue Price (adjusted) | 100.0 |
| Listing Open Price | 251.1 |
| Listing Close Price | 263.6 |
| Listing Gain% | 151.1% |
| Current Gain% | 498.1% |
Anlon Technology 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anlon Technology Solutions Ltd. | 598 | 335.2 | 27 | 0.3 | 3.1 | 19.1 | 12.7 | 106.6 | 109.6 | 13.9 | 113.8 | 22.2 | 91.6 |
| Cummins India Ltd. | 5426 | 150408.7 | 63.5 | 6 | 11.9 | 27.9 | 20.9 | 12660.5 | 16.8 | 2361.8 | 18.1 | 85.4 | 10.6 |
| GE Vernova T&D India Ltd. | 4299 | 110074.4 | 84.3 | 1.2 | 16.4 | 45.8 | 15.9 | 6297.2 | 44.6 | 1233.2 | 102.7 | 51 | 70.6 |
| 3M India Ltd. | 36035 | 40593.8 | 77.7 | 6.4 | 8 | 29.5 | 16.6 | 5138.5 | 13.8 | 522.3 | 9.7 | 463.7 | 12.2 |
| Kirloskar Oil Engines Ltd. | 2161.7 | 31457 | 57.6 | 3.7 | 4 | 15.9 | 5.3 | 7771.2 | 21.5 | 574.3 | 17.4 | 37.5 | 15.8 |
| Jyoti CNC Automation Ltd. | 784.3 | 17836.8 | 55.4 | -12.6 | 8.1 | 16.8 | 9.3 | 2153.6 | 17.5 | 336 | 6.3 | 14.1 | -4.4 |
Anlon Technology INFORMATION ON IPO ISSUE
About Anlon Technology
Anlon Technology Solutions was incorporated on July 28, 2015. The company is primarily engaged in the business of providing engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings and refineries.
Object of the Issue
- Funding the working capital requirements of the company
- General corporate purposes
Anlon Technology - PROMOTERS
| Name |
|---|
| Unnikrishnan Nair P M |
| Beena Unnikrishnan |
Anlon Technology Lead Manager
GYR Capital Advisors Private Limited
info@gyrcapitaladvisors.com
Anlon Technology Registrar to the Issue
Link Intime India Private Limited
atsl.ipo@linkintime.co.in
Anlon Technology Strengths
Experienced management team
The company’s growth can be attributable to the entire management team, led by Unnikrishnan Nair PM, who holds a Bachelor’s degree in Engineering and has more than 28 years of experience in the industry
Regular technological upgradation
The company is up to date on technological advancements and safety measures and also ensures that the latest technology is brought in for the customers to have a world-class experience
24*7 customer service
The company is always available to handle any issue at the earliest. It also takes care of after-sale services and prevents delays in maintenance
After-sales service and operation
The company acts as a mediator for deals between Indian authorities and foreign suppliers. It also provides solutions for any issue arising out of wear and tear of machines
Anlon Technology Risks
Dependent on airline industry
Revenue from airport operations could decline as a result of decrease in flights operated or other factors outside the control of the company
Dependent on limited suppliers
The company has only a limited number of suppliers for business operations. Any problem with their equipment or loss/damage to the business relationship with the suppliers, whether real or perceived, could harm the business
Negative cash flow
The company has had a negative cash flow in its operating activities in the past years and sustained negative cash flow could impact growth and business
Certain litigations
The company, promoters, directors and group companies are involved in certain litigations, which if determined against them, can affect the financial conditions of the company
IPO FAQs
The promoters of the company are Unnikrishnan Nair P M and Beena Unnikrishnan.
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 100.0 - 100.0.
The IPO application opens on Dec 29, 2022 and closes on Jan 02, 2023.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Jan 05, 2023.
The refund will be credited to your account on Jan 06, 2023.
The allotted shares will be credited to your demat on Jan 09, 2023.
Anlon Technology Solutions Ltd.’s shares listed on the stock exchanges on Jan 10, 2023.