Anlon Technology Solutions Limited IPO Detail
Incorporated in 2015, Anlon Technology Solutions Limited is primarily engaged in the business of providing engineering services. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries.
The company offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.
There are two primary segments for the bifurcation of the business:
1. Engineering services: Commissions from the Sale of Equipment, Spare Parts Trading, and Maintenance and Service.
2. Designing, Fabrication, and Installation Services: Maintenance and Service for the products sold.
The company clocked a total revenue in FY20, FY21 and FY22 of Rs. 1,381.25 lacs, Rs. 1,444.00 lacs and Rs. 1,958.60 lacs respectively.
The company provides services to clients spread across the country, namely in cities like Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore and Chennai.
Competitive Strengths:
- Experienced management team and Strong technical team.
- Strengthening trust developed by and with Anlon in years.
- Fulfilling other service gaps.
- 24*7 Availability for customer service.
- Regular technological upgradation.
- After-sales service and operation.
Company Promoters
Mr. Unnikrishnan Nair P M and Mrs. Beena UnnikrishnanIPO Details
| IPO Opening Date | Dec 29, 2022 |
| IPO Closing Date | Jan 02, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | NSE SME |
| Issue Size | ₹15.00 Cr |
| Fresh Issue | 1,500,000 shares of ₹10 (aggregating up to ₹15.00 Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 4.27x | - | - | 10.15x | 26.20x | 16.51x |
| Day 2 | 9.24x | - | - | 73.43x | 113.23x | 75.04x |
| Day 3 | 54.53x | - | - | 883.58x | 447.06x | 428.62x |
IPO Tentative Timetable
The Anlon Technology Solutions Limited IPO open date is Dec 29, 2022, and the close date is Jan 02, 2023. The issue may list on Jan 10, 2023.
| IPO Open Date | Dec 29, 2022 |
| IPO Close Date | Jan 02, 2023 |
| Basis of Allotment Date | Jan 05, 2023 |
| Initiation of Refunds | Jan 06, 2023 |
| Credit of Shares to Demat Account | Jan 09, 2023 |
| IPO Listing Date | Jan 10, 2023 |
IPO Lot Size
The Anlon Technology Solutions Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹120000 |
| Maximum | 1 | 1200 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 94.55% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 1105.74 | 1381.25 | 68.54 |
| 31-Mar-21 | 1552.78 | 1444 | 73.51 |
| 31-Mar-22 | 2096.9 | 1958.6 | 242.94 |
Objects of the Issue:
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
- Funding the working capital requirements of the company
- General Corporate Purposes
Anlon Technology Solutions Limited IPO Registrar:
Link Intime India Private Ltd
Anlon Technology Solutions Limited IPO Lead Manager(s):
GYR Capital Advisors Limited
Company Contact Information:
Anlon Technology Solutions Limited
Gala No. 12 & 13, Sahakar Industrial Estate
Plot No. 164/166 Vasai Road, East,
Mumbai 401202
