Precision Metaliks Limited IPO

NSE SME

Listed On: Feb 1, 2022 at ₹ 75.0

₹ 102000 /2000 Shares

Check Allotment

IPO Details

19 Jan, 2022

Open Date

24 Jan, 2022

Close Date

31 Jan, 2022

Allotment Date

01 Feb, 2022

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

75.0

Listing Date

2022-02-01

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr)

Retail Portion

N/A

Subscription

7.36 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,042,000	2,042,000	4,084,000
Day 1 - 19-01-22 05:30 PM	0.15 x	2.18 x	1.16 x
Day 2 - 20-01-22 05:30 PM	0.41 x	4.31 x	2.36 x
Day 3 - 21-01-22 05:30 PM	0.49 x	6.45 x	3.47 x
Day 4 - 24-01-22 05:30 PM	2.81 x	11.90 x	7.36 x

Valuations

Earnings Per Share (EPS)

₹0.92/-

P/E Ratio

55.50

RoNW

9.72%

Net Asset Value (NAV) - Post Issue

₹23.99/-

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	21.47	13.67	3.02
Revenue	49.24	22.17	0.55
Profit After Tax	1.49	0.82	N/A

About The Company

Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.Automated cleaning of Aluminium chips + briquetting into Ingots.Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.

- Promoter(s)

Pre Issue Share Holding: 79.70%

Post Issue Share Holding: 58.62%

Company Promoter(s)

Abhishek Business Pvt Ltd
Jayanthi Roja Ramani

IPO - Issue Objectives

IPO - FAQs

Ans. Precision Metaliks Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 19, 2022, and closes on Jan 24, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Precision Metaliks Limited IPO opens on Jan 19, 2022 and closes on Jan 24, 2022.

Ans. The size of Precision Metaliks Limited IPO is 4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Precision Metaliks Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Precision Metaliks Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Precision Metaliks Limited IPO is Jan 31, 2022.

Ans. The Precision Metaliks Limited IPO will be listed on Feb 1, 2022.

Ans. Follow the steps to check the allotment status for Precision Metaliks Limited IPO here.