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Abhishek Integrations Limited IPO (Abhishek Integrations IPO) Detail

Jun 8, 2021 - Jun 11, 2021

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 Promoters:

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

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:

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 Details

IPO Opening Date Jun 8, 2021
IPO Closing Date Jun 11, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹50 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size990,000 Eq Shares of ₹10
(aggregating up to ₹4.95 Cr)

Abhishek Integrations IPO Tentative Timetable

The Abhishek Integrations IPO open date is Jun 8, 2021, and the close date is Jun 11, 2021. The issue may list on Jun 21, 2021.

IPO Open Date Jun 8, 2021
IPO Close Date Jun 11, 2021
Basis of Allotment Date Jun 16, 2021
Initiation of Refunds Jun 17, 2021
Credit of Shares to Demat Account Jun 17, 2021
IPO Listing Date Jun 21, 2021

Abhishek Integrations IPO Lot Size

The Abhishek Integrations IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹150,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹150,000
Maximum 1 3000 ₹150,000

Abhishek Integrations IPO Promoter Holding

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

Abhishek Integrations IPO Subscription Status (Bidding Detail)

The Abhishek Integrations IPO is subscribed 10.50x times on Jun 11, 2021 17:00. The public issue subscribed 20.47x in the retail category, in the QIB category, and 0.53x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

0.53x

RII

20.47x

Total

10.50x

Abhishek Integrations IPO Prospectus

Abhishek Integrations IPO Rating

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

Abhishek Integrations IPO Listing Date

Listing Date Monday, June 21, 2021
BSE Script Code
NSE Symbol AIL
Listing In
ISIN INE0CAJ01017
IPO Price ₹50 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE
₹50.00
₹40.00
₹38.00
₹40.00
₹38.00

Company Contact Information

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: http://www.linkintime.co.in

Abhishek Integrations IPO Reviews / Ratings

Abhishek Integrations IPO Lead Manager(s)

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 equity share. The minimum order quantity is 3000 Shares.

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

Abhishek Integrations IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Abhishek Integrations IPO Message Board

Ranked Members  Ranked Members

Loading...
8. Dinesh Singh |Jun 27, 2021 12:30
Top Contributor Top Contributor (400+ Posts, 100+ 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.
7. RAJAKUMAR |Jun 21, 2021 10:03
IPO Guru IPO Guru (1400+ Posts, 1100+ 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.
6. Dinesh Singh |Jun 22, 2021 10:30
Top Contributor Top Contributor (400+ Posts, 100+ 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.
5. Damani sarvesh |Jun 22, 2021 05:50
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"''.
4. RAJAKUMAR |Jun 20, 2021 22:42
IPO Guru IPO Guru (1400+ Posts, 1100+ 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.
4.1. Dinesh Singh |Jun 20, 2021 23:19
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Thanks Raja for sharing your genuine reason.
Let''s wait for the listing.
Does the listing is on Monday or Tuesday?
3. BLR |Jun 20, 2021 14:58
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

2. RAJAKUMAR |Jun 18, 2021 10:06
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Dear Smart
Long interval
I applied 6k shares and got 6k shares. I applied hni quota.
Did you got allotment
1. Dinesh Singh |Jun 16, 2021 18:49
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Allotment out.
If any one applied can check now.