Presstonic Engineering (NSE SME)
December 11, 2023 – December 13, 2023
| Price | ₹72 - ₹72 |
| Premium | ₹72 |
|---|---|
| Lot size | 1600 |
| Allotment | Dec 14, 2023 |
| Listing | Dec 18, 2023 |
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Subscription
Last updated on 13-Dec-2023 17:03:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1536000 | 205504000 | 133.79 |
| RETAIL | 1537600 | 289848000 | 188.51 |
| Total | 3073600 | 495352000 | 161.16 |
| Retail Apps | 181155 | © IPO Premium | |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 115200 | 961 |
| HNI | 2 | 3200 | 230400 | 960 |
Incorporated in June 1996, Presstonic Engineering Limited is a company that specializes in manufacturing products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure. These products are supplied to both Global and Domestic OEMs engaged in manufacturing and servicing Rail and Metro Rail Rolling Stock and Signalling equipment.
The manufacturing facility spans over 28,317.50 sq.ft. and is equipped with the latest machinery, equipment, and instruments capable of manufacturing diverse products for railways and metros.
The company offers a wide range of products, including Rolling Stock Interior Products such as Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels. They also manufacture IP-rated enclosures, beacon mounting brackets, ballastless support brackets, DCS masts, ladder assemblies with DCS mast platforms, Steel Structures, Aluminum Murals, Support Structures for Solar Panels, Wire Forms, and Cable Trays.r Panels, Wire Forms, and Cable Trays.
The competitive strength of the company lies in the following:-
- Organizational stability, coupled with effective management expertise.
- Efficient and seamless functioning of tasks.
- Well-defined organizational structure
- This manufacturing facility is well-established and designed to cater to various product needs. It also has existing supplier relationships.
Presstonic Engineering IPO Details
| Issue Size | 3,236,800 shares (aggregating up to ₹23.30 Cr) |
| Fresh Issue | 3,236,800 shares (aggregating up to ₹23.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,470,680 |
| Share holding post issue | 7,707,480 |
| Market Maker portion | 163,200 shares Nikunj Stock Brokers |
Presstonic Engineering IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Company Financials
Presstonic Engineering Limited Financial Information (Restated)
Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 2,850.69 | 2,737.68 | 2,496.71 | 2,386.97 |
| Revenue | 1,431.67 | 2,113.27 | 1,272.21 | 769.44 |
| Profit | 152.21 | 256.14 | 14.06 | -16.94 |
| Net Worth | 645.57 | 493.36 | 237.22 | 223.16 |
| Reserves | 198.50 | 269.83 | 13.69 | -0.37 |
| Borrowing | 1,536.97 | 1,645.27 | 1,797.08 | 1,774.95 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Presstonic Engineering Limited
Sy. No. 2, Khatha No. 145, Hoysala Main Road,
Pillappa Industrial Layout, Srigandhadakavalu,
Sunkadakatte, Viswaneedam, Bangalore, 560091
Phone: +91 80 23480001
Email: cs@presstonengg.com
Website: https://presstonic.com/