Abhishek Integrations was incorporated on November 10, 2017. The company is a Gujarat Government-approved contractor and is engaged in the developing, operating, and maintaining of electrical and mechanical work and its installation at various Airports in India, Fire fighting solutions as a system integrator, and perimeter light fittings at Airports.
| Bidding Dates |
|---|
| 08 Jun 2021 - 11 Jun 2021 |
| Subscription |
|---|
| 10.5x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,50,000 | 1 | 1 | 3000 | 990.0 K | ₹50 | 67.12 % | ₹49.5 M | RHP DOC |
Abhishek Integrations IPO SUBSCRIPTION STATUS
11 Jun '21Abhishek Integrations IPO overall subscription rate was 10.5 times the total available shares
Abhishek Integrations IPO retail subscription rate was 20.47 times in the retail segment
Abhishek Integrations IPO non-institutional investor subscription rate was 0.53 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
11 Jun 2021 (Day 4) | 20.47x | 0.53x | - |
08 Jun 2021 (Day 1) | 0.13x | 0.02x | - |
09 Jun 2021 (Day 2) | 0.62x | 0.11x | - |
10 Jun 2021 (Day 3) | 15.21x | 0.27x | - |
Abhishek Integrations 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) |
| FY21 | 1.2 | 27.6 | -16.7 | -18.9 |
| FY20 | 0.3 | 8.6 | 1.2 | 1.2 |
| FY19 | 0.0 | 0.7 | -0.4 | -0.4 |
Abhishek Integrations IPO SUBSCRIPTION STATUS DETAILS
Abhishek Integrations had 990.0 K shares on offer
Abhishek Integrations IPO offer price was ₹50
Abhishek Integrations IPO minimum Investment was ₹150000
Abhishek Integrations IPO issue size was ₹ 49.5 M
Abhishek Integrations had a minimum lot size of 3000 Shares per application
Abhishek Integrations NUMBER OF SHARES ON OFFER
Abhishek Integrations IPO IMPORTANT DATES
| Issue Open Date | 08 Jun 2021 |
| Issue close Date | 11 Jun 2021 |
| Allotment Date | 16 Jun 2021 |
| Refund Date | 17 Jun 2021 |
| Demat Account Credit Date | 17 Jun 2021 |
| Listing Date | 21 Jun 2021 |
| Listing on Exchange(s) | NSE |
| Abhishek Integrations Allotment Status | Exchange |
Abhishek Integrations IPO subscription opened on 08 Jun 2021, and closed on 11 Jun 2021
IPO allotment for Abhishek Integrations was finalized on Wednesday, 16 Jun 2021
IPO listing for Abhishek Integrations was on NSE on Monday, 21 Jun 2021
Abhishek Integrations IPO LISTING GAINS
| Issue Price (adjusted) | 50.0 |
| Listing Open Price | 40.0 |
| Listing Close Price | 38.0 |
| Listing Gain% | -20.0% |
| Current Gain% | -28.3% |
Abhishek Integrations 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Abhishek Integrations Ltd. | 35.8 | 10.8 | 28.3 | -0.5 | 0.4 | 7.2 | 3.3 | 28.3 | 6.7 | 0.8 | -21.8 | 1.3 | -62.8 |
| Sagility Ltd. | 43.7 | 20443.4 | 20.6 | 0.4 | 2.7 | 9.6 | 7.3 | 7290.8 | 29.6 | 924.8 | 71.5 | 2.1 | 49.2 |
| International Gemological Institute Ltd. | 355.8 | 15376.2 | 25.2 | 1 | 11.3 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.4 | 6855.8 | 16.4 | 0 | 6.2 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 435 | 6146.2 | 41.9 | 0.2 | 0.4 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 538.8 | 4462.3 | 38.8 | 1.5 | 6 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
Abhishek Integrations INFORMATION ON IPO ISSUE
About Abhishek Integrations
Abhishek Integrations was incorporated on November 10, 2017. The company is a Gujarat Government-approved contractor and is engaged in the developing, operating, and maintaining of electrical and mechanical work and its installation at various Airports in India, Fire fighting solutions as a system integrator, and perimeter light fittings at Airports.
Object of the Issue
- To meet incremental working capital requirements
- To meet general corporate purposes
- To meet public issue expenses
Abhishek Integrations - PROMOTERS
| Name |
|---|
| Sanjay Narbada Dubey |
Abhishek Integrations Lead Manager to the Issue
Beeline Broking Limited
mb@beelinemb.com
Abhishek Integrations Registrar to the Offer
Link Intime India Private Limited
pavna.ipo@linkintime.co.in
Abhishek Integrations Strengths
Experienced team
The company has vast experience of around more than 15 years and has an experienced team
Relationship with the clients
The company focuses on providing the customers with the desired and standard quality of work and by providing the desired quality and standards of work it aims to achieve the highest level of customer satisfaction
Capturing the growth potential and government focus on sector
Infrastructural growth in India has gained momentum with the reforms and benefits extended by the government. The government has taken various steps for the infrastructural growth of the country through increased allocation, facilitation of incremental lending to the infrastructural sector, and discounted lending rates to infrastructure sectors
Experienced team
The company has vast experience of around more than 15 years and has an experienced team
Relationship with the clients
The company focuses on providing the customers with the desired and standard quality of work and by providing the desired quality and standards of work it aims to achieve the highest level of customer satisfaction
Capturing the growth potential and government focus on sector
Infrastructural growth in India has gained momentum with the reforms and benefits extended by the government. The government has taken various steps for the infrastructural growth of the country through increased allocation, facilitation of incremental lending to the infrastructural sector, and discounted lending rates to infrastructure sectors
Abhishek Integrations Risks
Unregistered logo
The company's logo is not registered and at present application is objected. The infrastructure sector is fast becoming a brand sensitive business
Lease agreements
The company does not own the premises in which the registered office is located and the same is on a lease arrangement
Unregistered logo
The company's logo is not registered and at present application is objected. The infrastructure sector is fast becoming a brand sensitive business
Lease agreements
The company does not own the premises in which the registered office is located and the same is on a lease arrangement
IPO FAQs
The promoter of the company is Sanjay Narbada Dubey.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 50.0 - 50.0.
The IPO application opens on Jun 08, 2021 and closes on Jun 11, 2021.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 150,000.0, the maximum value for this IPO is Rs 150,000.0.
This IPO will be allotted on Jun 16, 2021.
The refund will be credited to your account on Jun 17, 2021.
The allotted shares will be credited to your demat on Jun 17, 2021.
Abhishek Integrations Ltd.’s shares listed on the stock exchanges on Jun 21, 2021.