05-Apr-2024
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Finelistings Technologies IPO is a fixed price issue of 11 lakh shares. This issue is a completely fresh issue of 11 lakh equity shares. The offer for sale component is not present in the upcoming issue. The issue opening dates and closing dates are yet to be declared. Also, the price band and minimum investment required is yet to be announced. Finelistings Technologies IPO will be listed on BSE SME. The allotment date and listing date is yet to be released. The book-running lead manager of Finelistings Technologies IPO is Fedex Securities Private Limited. The registrar for this IPO is Skyline Financial Services Private Limited.
About Finelistings Technologies Limited
Finelistings Technologies Limited incorporated in 2018, is engaged in the business of providing software development services. Also, the company sells used luxury cars for diversifying the business. In software development services, Finelisting offers cloud-based services and IT consulting services such as big data analytics, cloud architecture, data engineering, and IOT solutions. Moreover, the services include business intelligence analytics, cloud development, cloud solutions,data management, digital transformation, IoT development and web development. In the retail used luxury cars segment, the company sells premium and high-end luxury vehicles at an average selling price of 40 lakhs. This includes sedans, SUV, sports cars and convertibles. The company offers after-sales services and repair services through affiliated service centres. The company commenced operation and opened its first showroom under FineCars Brand in 2022 at Ambience Mall, Delhi NCR.
Objectives of the Finelistings Technologies IPO
The net funds received from this IPO will be used to purchase the new software and fulfil the working capital requirements. In addition, general corporate purposes will also be served.
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Financials of Finelistings Technologies Limited (Amt in Rs Lakhs)
Finelistings Technologies posted revenue of Rs 743.61 lakhs and net profit of Rs 123.20 lakhs for the period ending 31 July 2023. Between the financial years ending 31 March 2023 and 31 March 2022, the company’s revenue increased by 100.29%, and PAT increased by 2247.9%.
| Period Ended | 31-Jul-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| Assets | 1,002.96 | 1,015.99 | 154.33 | 59.69 |
| Revenue | 743.61 | 1,390.62 | 694.32 | 146.43 |
| Profit After Tax | 123.2 | 178.92 | -8.33 | -17.26 |
| Net Worth | 475.03 | 351.83 | 47.91 | 56.24 |
| Reserves and Surplus | 221.41 | 98.21 | 46.79 | 55.12 |
Other Important Details of Finelistings Technologies IPO
| IPO Date | Not yet announced |
| Listing Date | Not yet announced |
| Face Value | Not yet announced |
| Price | Not yet announced |
| Lot Size | Not yet announced |
| Total Issue Size | 1,100,000 shares |
| Fresh Issue | 1,100,000 shares |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 2,536,250 |
| Shareholding post issue | 3,636,250 |
Time-Table of Finelistings Technologies IPO
| IPO Open Date | Not yet announced |
| IPO Close Date | Not yet announced |
| Basis of Allotment | Not yet announced |
| Initiation of Refunds | Not yet announced |
| Credit of Shares to Demat | Not yet announced |
| Listing Date | Not yet announced |
| Cut-off time for UPI mandate | Not yet announced |
IPO Reservation of Finelistings Technologies Limited
| Investor Category | Shares Offered |
| Retail | 50 percent of the Net issue |
| Others | 50 percent of the Net issue |
Key Performance Indicator of Finelistings Technologies Limited IPO
| KPI | Values |
| ROE | 25.94% |
| ROCE | 32.94% |
| RoNW | 25.94% |
| PAT Margin | 16.57 |
Promoters of Finelistings Technologies Limited and Their Holdings
The promoters of Finelistings Technologies company are Aneesh Mathur and Arjun Singh Rajput.
| Shareholding Pre Issue | 71.65 percent |
| Shareholding Post Issue | - |
Lead Manager(s) of Finelistings Technologies IPO
The lead manager for Finelistings Technologies IPO is Fedex Securities Private Limited.
How do you apply for the Finelistings Technologies IPO?
Wait for the public issue to open for subscription, then click here to apply for the Finelistings Technologies Limited IPO with Bigul.
How do you check the allotment status of Finelistings Technologies IPO?
Skyline Financial Services Private Limited is the registrar for Finelistings Technologies IPO. To check your allotment status, please click here.
FAQs
1. What is the Finelistings Technologies IPO?
Finelistings Technologies IPO is a fixed price issue of 11 lakh shares. This issue is a completely fresh issue of 11 lakh equity shares. The offer for sale component is not present in the upcoming issue. The issue opening dates and closing dates are yet to be declared.
2. Who are the lead managers for the Finelistings Technologies Limited IPO?
Fedex Securities Private Limited is appointed as the lead manager for the IPO.
3. What is the role of Skyline Financial Services Private Limited in this IPO?
Skyline Financial Services Private Limited is the registrar for Finelistings Technologies Limited, handling the IPO's administrative aspects.
4. How can I apply for the Finelistings Technologies IPO?
The opening and closing dates of this new IPO is yet to be announced. When the dates are released, investors can apply by clicking here to initiate the application process.
5. How will the net proceeds from the IPO be utilised?
The net funds received from this IPO will be used to purchase the new software and fulfil the working capital requirements. In addition, general corporate purposes will also be served.
6. How can I check the allotment status of the IPO?
Investors who applied can check the allotment status of the Finelistings Technologies Limited IPO 2024 by visiting here.
7. What is the financial performance of Finelistings Technologies Limited?
Finelistings Technologies posted a revenue of Rs 743.61 lakhs and net profit of Rs 123.20 lakhs for the period ending on 31 July 2023. The company's revenue increased by 100.29% and PAT increased by 2247.9% between the financial year ending on 31 March 2023 and 31 March 2022.
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