|
|
Incorporated in 2000, AAA Technologies is an IT and Information Security Auditing & Consulting Company. The company offers a wide range of IT auditing services such as Information System Audit, Cyber Security, IT Assurance & Compliance, Information Security, and IT governance services.
Its product and service portfolio covers IT services and auditing operating systems, networking, IDS, web application, ERP, core banking, ATM, forensic, websites, computer crime investigations, etc. AAA Technologies offer its services across industries such as banking, financial institutions, insurance, NBFCs, government, Panchayats, municipalities, stockbrokers, education, Travel & Transport, Hospitality, Manufacturing, Healthcare, Power, etc.
Competitive Strengths
• Great Quality IT and IT auditing & consulting Services.
• Diversified customer base across industries.
• Strong balance sheet and profitability growth.
• Experienced promoters' team.
• Well-designed capital structure with low dependency over debt.
| Particulars | For the year/period ended (Rs in Lacs) | |||
|---|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 1,420.38 | 942.83 | 1002.56 | |
| Total Revenue | 1,424.74 | 1,047.49 | 1,040 | |
| Profit After Tax | 369.80 | 206.02 | 99.97 | |
The net proceed from the IPO will be used towards following objectives;
• To use funds for expansion and development of business operations.
• To meet the working capital requirements and security deposit towards bank guarantees/LC.
• To meet issue-related expenses.
| IPO Date | Sep 30, 2020 to Oct 5, 2020 |
| Listing Date | Tuesday, October 13, 2020 |
| Face Value | ₹10 per share |
| Price | ₹42 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,436,000 shares of ₹10 (aggregating up to ₹10.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Anjay Ratanlal Agarwal, Mr. Venugopal Madanlal Dhoot, and Mrs. Ruchi Anjay Agarwal are the promoters of the company. |
AAA Technologies IPO opens on Sep 30, 2020, and closes on Oct 5, 2020. The AAA Technologies IPO bid date is from Sep 30, 2020 10.00 A.M. to Oct 5, 2020 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Sep 30, 2020 |
| Closing Date | Oct 5, 2020 |
| Basis of Allotment | Oct 8, 2020 |
| Initiation of Refunds | Oct 9, 2020 |
| Credit of Shares to Demat | Oct 12, 2020 |
| Listing Date | Oct 13, 2020 |
The AAA Technologies IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹126,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹126,000 |
| Retail (Max) | 1 | 3000 | ₹126,000 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.51% |
ATL has posted growth in bottom lines for the last three fiscals. On the basis of P/E and P/BV parameters, the issue appears reasonably priced. Being the first mover in the segment, this issue may get fancy post listing. Investors may consider an investment with a long term perspective. Read detail review...
The AAA Technologies IPO is subscribed 2.39 times on Oct 5, 2020 5:00:03 PM. The public issue subscribed 2.31 times in the retail category, times in the QIB category, and 2.47 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.47 |
| Retail | 2.31 |
| Total | 2.39 |
| Listing Date | Tuesday, October 13, 2020 |
| BSE Script Code | |
| NSE Symbol | AAATECH |
| Listing In | |
| ISIN | INE0D0U01013 |
| IPO Price | ₹42 per share |
| Face Value | ₹10 per share |
|
|
AAA Technologies Limited
278-280, F Wing, Solaris 1, Saki Vihar Road
Opp. L&T Gate No. 6, Powai
Andheri East, Mumbai - 400072
Phone: +91-22-28573815/16
Email: info@aaatechnologies.co.in
Website: http://www.aaatechnologies.co.in
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aaa.ipo@linkintime.co.in
Website: https://linkintime.co.in/
AAA Technologies IPO is a SME IPO of 2,436,000 equity shares of the face value of ₹10 aggregating up to ₹10.23 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 30, 2020, and closes on Oct 5, 2020.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in AAA Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in AAA Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AAA Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AAA Technologies IPO opens on Sep 30, 2020 and closes on Oct 5, 2020.
AAA Technologies IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in AAA Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for AAA Technologies IPO will be done on Oct 8, 2020, and the allotted shares will be credited to your demat account by Oct 12, 2020. Check the AAA Technologies IPO allotment status.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
IPO Guru (1800+ Posts, 10200+ Likes)
Top Contributor (200+ Posts, 100+ Likes)
IPO Mentor (700+ Posts, 800+ Likes)
