Incorporated in 2002, Delhi based Five Core Electronics Limited is in the business of manufacturing and exporting whole range of Public Address Systems - Woofers, Amplifiers, Computer Speakers, Personal Speaker System, Headphones, and Earphones. The Company has also been trading in the fabric.
Five Core has a strong presence in the overseas market in African Continent, UAE, South America, Singapore, Dubai, Bangladesh, Vietnam Nepal, to name a few. Its products are sold in 56 countries across 6 continents through a network of over 350 distributors and dealers. In India, the company is present in 17 States through a distributor and dealer network of more than 240 in different zones. It has also opened showrooms in Dehradun, Saharanpur, Chomu, Guwahati, Jeopur, Patna, Raxaul, Bhagalpur, Calicut and Hyderabad which are run by dealers.
Five Core has 296 employees on its payroll.
The promoters of the company are Amarjit Singh Kalra and
Surinder Kaur Kalra.
|Particulars||For the year/period ended (in Rs. Lacs)|
|Profit After Tax||148.69||95.26||66.28||85.11||74.44|
The objects of the Issue are: -
1. To meet the working capital requirements of the Company
2. To meet the working capital requirements of the Subsidiary, 5 Core Acoustics Private Limited
3. General Corporate Purpose
4. Repayment of Unsecured Loan of Promoters/Directors
5. Issue Expenses
»» Issue Open: May 9, 2018 - May 11, 2018
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,333,000 Equity Shares of Rs 10 aggregating up to Rs 46.66 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 140 Per Equity Share
»» Market Lot: 1000 Shares
»» Minimum Order Quantity: 1000 Shares
»» Listing At: NSE SME
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