Presstonic Engineering Limited IPO

NSE SME

Listed On: Dec 18, 2023 at ₹ 140.0

₹ 115200 /1600 Shares

Check Allotment

Presstonic Engineering Limited IPO Details

11 Dec, 2023

Open Date

13 Dec, 2023

Close Date

14 Dec, 2023

Allotment Date

18 Dec, 2023

Listing Date

Issue Price

₹72 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

140.0

Listing Date

2023-12-18

Market Lot

1600 Shares (₹115,200/-)

Lead Manager

Finshore Management Services Limited

Issue Size

3,236,800 shares(aggregating up to ₹23.30 Cr)

Retail Portion

50%

Subscription

161.16 times

IPO Docs

DRHP RHP

Presstonic Engineering Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,537,600	1,536,000	3,073,600
Day 1 - 11-12-23 06:00 PM	5.89 x	27.86 x	16.88 x
Day 2 - 12-12-23 06:00 PM	21.73 x	78.16 x	49.96 x
Day 3 - 13-12-23 06:00 PM	133.79 x	188.51 x	161.16 x

Presstonic Engineering Limited Valuations

Earnings Per Share (EPS)

₹5.73/-

P/E Ratio

6.28

RoNW

51.92%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Presstonic Engineering Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	2,737.68	2,496.71	2,386.97
Revenue	2,113.27	1,272.21	769.44
Profit After Tax	256.14	14.06	-16.94

About The Company

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.

Presstonic Engineering Limited - Promoter(s)

Pre Issue Share Holding: 99.97%

Post Issue Share Holding: 57.99%

Company Promoter(s)

Mr. Herga Poornachandra Kedilaya
Mr. Yermal Giridhar Rao

Presstonic Engineering Limited IPO - Issue Objectives

Funding Capital Expenditure towards the purchase of additional plant and machinery
Prepayment in full of certain borrowings availed by the Company
To meet the Working Capital Requirements
To meet the Issue Expenses
General Corporate Purposes.

Presstonic Engineering Limited IPO - FAQs

Ans. Presstonic Engineering Limited IPO is a SME IPO. The issue is priced at ₹72 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Dec 11, 2023, and closes on Dec 13, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Presstonic Engineering Limited IPO opens on Dec 11, 2023 and closes on Dec 13, 2023.

Ans. The size of Presstonic Engineering Limited IPO is 3,236,800 shares(aggregating up to ₹23.30 Cr).

Ans. The IPO price band is set between ₹72 per equity share.

Ans. To apply for Presstonic Engineering Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Presstonic Engineering 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 Presstonic Engineering Limited IPO is Dec 14, 2023.

Ans. The Presstonic Engineering Limited IPO will be listed on Dec 18, 2023.

Ans. Follow the steps to check the allotment status for Presstonic Engineering Limited IPO here.