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IPOPresstonic Engineering Ltd IPO

  • Price Range

    ₹72

  • Min. Quantity

    1,600 Shares

  • Closes on

    December 13, 2023

  • Min. investment

    ₹1,15,200

Presstonic Engineering Ltd IPO Timeline

EventDate
Presstonic Engineering Ltd IPO Opening DateDecember 11, 2023
Presstonic Engineering Ltd IPO Closing Date December 13, 2023
Basis of AllotmentDecember 14, 2023
Initiation of RefundsDecember 15, 2023
Credit of Shares to DematDecember 15, 2023
Presstonic Engineering Ltd IPO Listing DateDecember 18, 2023

Presstonic Engineering Ltd IPO Details

Presstonic Engineering Ltd IPO DateDecember 11, 2023 to December 13, 2023
Presstonic Engineering Ltd IPO Face Value₹10 per share
Presstonic Engineering Ltd IPO Price₹72 to ₹0 per share
Presstonic Engineering Ltd IPO Lot Size1,600
Issue Size Shares of ₹10 (aggregating up to ₹23.31 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹23.31 Cr)
Offer for Sale-
Issue TypeFixed Price - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersHerga Poornachandra Kedilaya, Yermal Giridhar Rao

Presstonic Engineering Ltd IPO Lot Size

The Presstonic Engineering Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,15,200).

Application LotsSharesAmount
Minimum11,600₹1,15,200
Maximum11,600₹1,15,200
  • Risks
  • Opportunities
  • Established and proven track record.
  • Leveraging the experience of its Promoters.
  • Experienced management team and a motivated and efficient work force.
  • Cordial relations with its customers.
  • Quality Assurance & Control.

Company Financials

Presstonic Engineering Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202547.3221.440.86
03-202440.9227.082.53
03-202328.5521.132.43
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding capital expenditure towards purchase of additional plant and machinery
  • Prepayment in full of certain borrowings availed by the company
  • Working capital requirements
  • General corporate purposes

Presstonic Engineering Ltd IPO Promoter Holding

Pre Issue Share Holding49.99%
Post Issue Share Holding28.99%

Presstonic Engineering Ltd IPO Subscription Status (Bidding Detail)

The Presstonic Engineering Ltd IPO is subscribed 153.1592 times on December 13, 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----153.1592

Presstonic Engineering Ltd IPO Prospectus

Presstonic Engineering Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In NSE - SME
ISININE0R1601012
IPO Price₹-
Face Value-

Company Contact Information

Presstonic Engineering Ltd
Sy # 2 Khatha # 145 Hoysala -Main Road Pillappa Ind.Layout,Bangalore-560091
Phone: +91 80 2348 0001
Email: cs@presstonengg.co
Website: www.presstonic.com

Presstonic Engineering Ltd IPO Registrar

Phone:+91-44-40020700, 28460390
Email: ipo@cameoindia.com
Website: www.cameoindia.com

Presstonic Engineering Ltd IPO Lead Manager(s)

  1. Finshore Management Services Ltd

How to Check the Allotment Status of Presstonic Engineering Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Presstonic Engineering Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Presstonic Engineering Ltd IPO

    Presstonic Engineering Limited was originally formed as partnership firm as 'Presston Engineering Corporation' pursuant to a Deed of Partnership dated June 03, 1996. M/s. Presston Engineering Corporation thereafter converted into a Private Company in the name of 'Presstonic Engineering Private Limited' on March 23, 2021 issued by Registrar of Companies, Central Registration Centre. Later on, Company was converted into Public Company and the name of Company was changed to 'Presstonic Engineering Limited' vide a fresh Certificate of Incorporation dated July 31, 2023 issued by Registrar of Companies, Bangalore.

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