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Abhishek Integrations Limited IPO (Abhishek Integrations IPO) Detail

June 8, 2021 - June 11, 2021

Abhishek Integrations IPO is a fixed price issue of Rs 4.95 crores.

Abhishek Integrations IPO bidding started from June 8, 2021 and ended on June 11, 2021. The allotment for Abhishek Integrations IPO was finalized on Wednesday, June 16, 2021. The shares got listed on NSE SME on June 21, 2021.

Abhishek Integrations IPO price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000.

Beeline Broking Ltd is the book running lead manager of the Abhishek Integrations IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Abhishek Integrations IPO RHP for detailed information.

Abhishek Integrations IPO Details

IPO Date June 8, 2021 to June 11, 2021
Listing Date June 21, 2021
Face Value ₹10 per share
Price ₹50 per share
Lot Size 3000 Shares
Total Issue Size990,000 shares
(aggregating up to ₹4.95 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion54,000 shares

Abhishek Integrations IPO Reservation

Abhishek Integrations IPO offers 990,000 shares. 468,000 (47.27%) to NII, 468,000 (47.27%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered54,000 (5.45%)
Other Shares Offered468,000 (47.27%)
Retail Shares Offered468,000 (47.27%)
Total Shares Offered990,000 (100%)

Abhishek Integrations IPO Timeline (Tentative Schedule)

Abhishek Integrations IPO opens on June 8, 2021, and closes on June 11, 2021.

IPO Open Date Tuesday, June 8, 2021
IPO Close Date Friday, June 11, 2021
Basis of Allotment Wednesday, June 16, 2021
Initiation of Refunds Thursday, June 17, 2021
Credit of Shares to Demat Thursday, June 17, 2021
Listing Date Monday, June 21, 2021
Cut-off time for UPI mandate confirmation 5 PM on June 11, 2021

Abhishek Integrations IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹150,000
Retail (Max) 1 3000 ₹150,000
Lot Size Calculator

Abhishek Integrations IPO Promoter Holding

Mr. Sanjay Narbada Dubey is the promoter of the company.

Share Holding Pre Issue 100%
Share Holding Post Issue 67.12%

About Abhishek Integrations Limited

Incorporated in 2017, Abhishek Integrations Limited is a "Class A" Gujarat Governed contractor that is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India.

Initially the company was engaged in the business of telecommunication and caballing work in BSNL but over the period, it has expanded its product portfolio and now, it is full fledge engaged in developing, operation & maintenance of LT & HT Electrical and Mechanical work and its installation at terminal building of airports, installing and maintenance of Fire fighting solutions, GLF/Airfield Lighting System, Substation including perimeter light fittings, and LT switchgears at Airports in India.

The firm has currently 24 ongoing projects of Airport Authority of India (AAI) located at Ahmedabad, Allahabad, Aurgabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur and Vadodara.

Competitive strengths

  • More than 2 decades of experience in the industry.
  • High-quality and cost-effective project delivery capabilities.
  • Timely project execution.
  • Strong long-term relationship with clients.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 362.24 27.37 14.42
Total Revenue 235.57 73.01 5.69
Profit After Tax 11.89 3 0.14

Objects of the Issue (Abhishek Integrations IPO Objectives)

The net proceed from the IPO will be utilized towards the following purposes;

  • To meet incremental working capital requirements.
  • To meet general corporate purposes.
  • To meet public issue expenses.

Abhishek Integrations IPO Review (Avoid)

[Dilip Davda]  Considering its minuscule financial performance and the market cap in relation to its top line, the issue is priced exorbitantly. On other parameters to it is highly overpriced. Hence, investors may ignore this issue. Read detail review...


Abhishek Integrations IPO Subscription Status (Bidding Detail)

The Abhishek Integrations IPO is subscribed 10.50 times on June 11, 2021 5:00:00 PM. The public issue subscribed 20.47 times in the retail category, times in the QIB category, and 0.53 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other0.53
Retail20.47
Total10.50

Abhishek Integrations IPO Prospectus

Abhishek Integrations IPO Rating

97
3.2
Rating:Rated 3.2 stars
Vote Here ...

Abhishek Integrations IPO Listing Details

Listing Date June 21, 2021
BSE Script Code
NSE Symbol AILIMITED
ISIN INE0CAJ01017
Final Issue Price ₹50 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE
₹50.00
₹40.00
₹38.00
₹40.00
₹38.00

Check IPO Performance…

Abhishek Integrations Limited Contact Details

Abhishek Integrations Limited
Shop No. 8-Parulnagar Shopping Centre
Nr. Bhuyangdev Cross Road, Sola Road
Ghatlodia, Ahmedabad - 380061
Phone: 079- 27433369
Email: abhishekintegrationslimited@gmail.com
Website: http://www.abhishekintegrations.com/

Abhishek Integrations IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ail.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Abhishek Integrations IPO - Buy or Not

Abhishek Integrations IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Abhishek Integrations IPO FAQs

Abhishek Integrations IPO is a SME IPO of 990,000 equity shares of the face value of ₹10 aggregating up to ₹4.95 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000 Shares.

The IPO opens on June 8, 2021, and closes on June 11, 2021.

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 Abhishek Integrations IPO using UPI as a payment gateway. Zerodha customers can apply in Abhishek Integrations IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Abhishek Integrations IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Abhishek Integrations IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Abhishek Integrations IPO opens on June 8, 2021 and closes on June 11, 2021.

Abhishek Integrations IPO lot size is 3000 Shares, and the minimum amount required is ₹150,000.

You can apply in Abhishek Integrations 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Abhishek Integrations IPO will be done on Wednesday, June 16, 2021, and the allotted shares will be credited to your demat account by Thursday, June 17, 2021. Check the Abhishek Integrations IPO allotment status.

The Abhishek Integrations IPO listing date is on June 21, 2021.
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Abhishek Integrations IPO Message Board

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51 Comments

25. Dinesh Singh |   Link |  Bookmark |June 27, 2021 1:30:41 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
No buyer since last 3 trading days.
Can any one have idea when one can able to sell this stock at any price.
How much time it will take ?
Or this company will go to NCLT for bankruptcy?
The LM Beeline should be banned.
25.2. Deepakkumar |   Link |  Bookmark |June 28, 2021 7:07:49 PM (200+ Posts)
Market maker is Nikunj Stock Brokers Limited, kamla Nagar, New Delhi.
25.3. Dinesh Singh |   Link |  Bookmark |June 29, 2021 12:25:23 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Because of such type of SME IPO, people are not believing in SME IPO at all.
Is there any legal way to address the liquidity issue.
24. RAJAKUMAR |   Link |  Bookmark |June 21, 2021 11:03:32 AM (1400+ Posts, 1200+ Likes)
Dear Dinesh
I sold one lot at 38
I didnt expect this much fall.
I expect may be 47 or 49 listing worst scenario But once again sme proved very dangerous.
24.7. Dinesh Singh |   Link |  Bookmark |June 22, 2021 9:27:19 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
This type of listing never happened in the history of SME IPO till date
The company and the LM both will go bankrupt very soon.
Investors who lost big money will always pray to this happen.
24.8. traderji |   Link |  Bookmark |June 22, 2021 1:42:14 PM
Mr Tyson down circuit rukne vali nahi hai.
Kharidle teri chaddi me dum ho utna.....
23. Dinesh Singh |   Link |  Bookmark |June 22, 2021 11:30:08 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Today again down by 5%.
The LC will not open unless it goes to 1 Rupees.
Please don''t ever think of applying again in any SME IPO.
22. Damani sarvesh |   Link |  Bookmark |June 22, 2021 6:50:49 AM
Lately the company has announced regarding ''Ranked at "L1" Position in the Tender "Operation and Maintenance of Aeronautical Ground Light Facilities at Jaipur International Airport"''.
21. Dinesh Singh |   Link |  Bookmark |June 11, 2021 11:38:30 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
If NI subscribe more than RI, then only apply otherwise don''t. It is trap for innocent investors.
Please take care.
21.3. Dinesh Singh |   Link |  Bookmark |June 16, 2021 7:47:43 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Dear Small Investor,
Seeing you after long time.
On what basis you are saying that it will give listing gain?
I jave never seen in my life time that in SME IPO, NI is subscribe d .50 times where as RI is subscribed 20 times.
It is .beyond understanding to any one.
21.4. IPOANALYSIS |   Link |  Bookmark |June 21, 2021 7:14:42 PM
See Dinesh and small investor. I told this is rubbish and do not apply. Hope u were not alloted
20. RAJAKUMAR |   Link |  Bookmark |June 20, 2021 11:42:49 PM (1400+ Posts, 1200+ Likes)
Dear Dinesh
No special reason.
Usually retail 5 or 7 times subscription. This sme unusually 20 times so i applied.
Whatever listing, just take risk and applied.
After applied and got allotment, I heard from the market Beeline 2 or more forthcoming sme as LM.
For that it may open flat or positive listing.
20.1. Dinesh Singh |   Link |  Bookmark |June 21, 2021 12:19:19 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Thanks Raja for sharing your genuine reason.
Let''s wait for the listing.
Does the listing is on Monday or Tuesday?
19. BLR |   Link |  Bookmark |June 20, 2021 3:58:01 PM
There is huge difference between NII and Retail catagory . In such cases most of the time negative returns only we seen past . In this case lead manager is good . let''s we will wait tomorrow . I not applied in this issue due to low subsciption in NII catagory . All the best who are applied .
--------------------------------------------------
Category      IPO Subscription
NII       
0.53x

RII       
20.47x

Total       
10.50x

18. RAJAKUMAR |   Link |  Bookmark |June 18, 2021 11:06:06 AM (1400+ Posts, 1200+ Likes)
Dear Smart
Long interval
I applied 6k shares and got 6k shares. I applied hni quota.
Did you got allotment
18.1. Dinesh Singh |   Link |  Bookmark |June 18, 2021 6:05:55 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Dear Rajakumar,
Why you have applied in this ?
Is there any chance of listing gain.
Waiting for your comment.
17. Dinesh Singh |   Link |  Bookmark |June 16, 2021 7:49:42 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Allotment out.
If any one applied can check now.
16. paragmrt |   Link |  Bookmark |June 11, 2021 2:04:13 PM
I am apply 300 share ail
Please tell me
15. vimal prajapati |   Link |  Bookmark |June 10, 2021 6:33:38 PM
Trader Sir ji Apne Kuch Prospectus Padha he ya Nahin Pehle Vo Dekh Lo Isma Likha Hai ki 01/03/2021 ko Company ne Ongoing Projects Ko Takeover Kiya Hai Aur vo Keval Ek Mahine Ka Hi Munafa Hai....
Ongoing Project ki Kul Kimat Lagbhag 22 Crore Hai Jise Execute Karne Par Kafi Accha Munafa Hone Ki Sambhavna Hai Aur Sare Project Airport Authority of India Se Sambandhidh Hai Jo Alag Alag Sthano par Kariyarat Hai Pure Bharat varsh Mein.
14. Dinesh Singh |   Link |  Bookmark |June 10, 2021 12:26:20 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
It is subscribes 7 times in RI.
Does this a real subscription? Or fake.
Seems it is fake to trap 🤔 innocent retail investors.
Please avoid this company.

14.4. Deepakkumar |   Link |  Bookmark |June 10, 2021 5:59:58 PM (200+ Posts)
@Vimal, If that''s the reason, why raise fund from equity within 1 month and why not go to debt market, given that interest rate is very low.
14.5. Dinesh Singh |   Link |  Bookmark |June 10, 2021 6:24:00 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
@Vimal,
I have never seen in an SME IPO, Retail is subscribe 15 times before one day of close of an IPO but NI is only .2 times.
If the company is so good, there investors should invested through NI and not Retail.
It looks very fissy.

13. Nikk |   Link |  Bookmark |June 10, 2021 5:51:41 PM
9,90,000 shares with minimum lot of 3000 shares.
Just 330 applications or less will subscribe the ipo.
Also the profit is negligible as compared to revenue.
We should avoid.
12. Damani sarvesh |   Link |  Bookmark |June 10, 2021 12:59:33 AM
This looks like a reputed company, it has been working in different departments on various airports for many years, it has 24 attractive projects across all over india with airport authority..... And it could expand more business in airports after this IPO. This seems that this is purely a genuine and profit making company.
11. VMARU |   Link |  Bookmark |June 9, 2021 7:56:12 PM
Best way to analyze a SME, is visit it''s office and factory. And gather some local news about the promoters.
.
Right now it''s like a flick of a coin, 50% the company is genuine and raises money to grow or 50% they are out there to loot.
.
Any one have data of any of these SME IPO making money?
10. Raj Aga |   Link |  Bookmark |June 9, 2021 2:17:14 PM
This stock looks good. But recently Rajeshw.can Rcan which was allotted at 20, is trading at 17. Analyst claim that it will go 80
9. Jagdish P. |   Link |  Bookmark |June 8, 2021 11:45:13 PM
The company has taken over business on 1/3/2021. After that the company has shown tremendous growth.This company has many ongoing projects all around India and wants to expand more in the same field so that''s why it has raised its fund on SME platform. So it seems that company is progressive......... however, anyone should take any decision by self study about the company in all respect.
8. Jagdish P. |   Link |  Bookmark |June 8, 2021 10:48:43 PM
I read the prospectus of the company, and it is clear that this company has taken over an ongoing running company with all its projects on 1st March 2021, after which the company has shown a very significant growth in one month which is the end of financial year and it is reflected in it''s given balance sheet it has enormous work orders in hand in PAN INDIA which is clearly depicted in it''s prospectus which is around 22 cr. Which shows that company is a growing company and has directly dealings with aviation sector which is expanding day by day , so the decision whether to invest or avoid should be taken only after knowing complete details about the company.
7. Vinshah |   Link |  Bookmark |June 8, 2021 3:54:44 PM
🙏Beware of SME IPOs...Hippo cabs(trekkingtoes.com) IPO price Rs105 and current market price around Rs10 in 9-10 months...Innocent Investors ke money Hippo cabs me dub gye👈 very bad SME platform for investors 👎
6. DownriteVJ |   Link |  Bookmark |June 8, 2021 2:04:22 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Avoid

Highly priced for a mere 11 lakh profit making company. Expecting some play with pricing as it is small ipo