All E Technologies Limited IPO Detail
Incorporated in 2000, All E Technologies Limited is a Microsoft Business Applications & Digital Transformation company. Alletec helps clients stay ahead with Intelligent Business Applications. The company offers Microsoft Dynamics 365, Power Platform, Data & AI - powered by Microsoft Azure & Collaboration platforms.
The company help in bringing together - Company & Customers, Factory & Field Service, Store Front & Supply Chain, Patients & Providers, People & Governments - by putting in place integrated operational systems of ERP, CRM, Collaboration Portals, Mobile Apps, and enable businesses to draw actionable insights from data.
All E Technologies Limited also provide offshore technology services to some large Microsoft Business Applications partners from the USA and Europe. The company's 100% workforce shifted to a work-from-home model after the Covid restrictions. The company's primary physical office is in Noida.
The company has a total of 330 employees.
The company has an experience of over 2 decades, spanning over 750 customers. This is the highest number of Business Applications customers acquired by any partner from India.
Company Promoters
Dr. Ajay Mian and Dr. Suman Mian are the company promters.IPO Details
| IPO Opening Date | Dec 09, 2022 |
| IPO Closing Date | Dec 13, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹87 - 90 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | NSE SME |
| Issue Size | ₹48.20 Cr |
| Fresh Issue | 4,864,000 shares of ₹10 (aggregating up to ₹43.78 Cr) |
| Offer for Sale | 491,200 shares of ₹10 (aggregating up to ₹4.42 Cr) |
| Retail Portion | 35.00% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0x | 0x | 0x | |
| Day 2 | - | - | 2x | 12th Dec 2022 17:02x | 1.99x | |
| Day 3 | - | - | 2x | 12th Dec 2022 17:02x | 1.99x | |
| Day 4 | - | - | 2x | 12th Dec 2022 17:02x | 1.99x | |
| Day 5 | 1.10x | - | - | 151.03x | 217.06x | 99.26x |
IPO Tentative Timetable
The All E Technologies Limited IPO open date is Dec 09, 2022, and the close date is Dec 13, 2022. The issue may list on Dec 21, 2022.
| IPO Open Date | Dec 09, 2022 |
| IPO Close Date | Dec 13, 2022 |
| Basis of Allotment Date | Dec 16, 2022 |
| Initiation of Refunds | Dec 19, 2022 |
| Credit of Shares to Demat Account | Dec 20, 2022 |
| IPO Listing Date | Dec 21, 2022 |
IPO Lot Size
The All E Technologies Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹144000 |
| Maximum | 1 | 1600 | ₹144000 |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 5586.66 | 6327.86 | 972.54 |
| 31-Mar-22 | 6350.77 | 7234.15 | 822.13 |
| 30-Jun-22 | 7151.12 | 2320.33 | 292.4 |
Objects of the Issue:
The company proposes to utilize the net proceeds from the Offer towards funding the following objects:
- Expansion of Business.
- Acquisitions of Businesses in similar or complementary areas.
- General Corporate Purposes.
All E Technologies Limited IPO Registrar:
Skyline Financial Services Private Ltd
All E Technologies Limited IPO Lead Manager(s):
Unistone Capital Pvt Ltd
Company Contact Information:
All E Technologies Limited
UU-14, Vishakha Enclave, Pitampura
Delhi
Delhi
