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Anlon Technology Solutions Limited IPO (Anlon Technology Solutions IPO) Detail

Dec 29, 2022 - Jan 2, 2023

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 Financials

Anlon Technology Solutions Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201105.741381.2568.54172.3171.317.83
31-Mar-211552.78144473.51245.82244.82161.05
31-Mar-222096.91958.6242.94488.76487.76580.94
30-Sep-222041.971341.96239.2822.96412.46557.87
Amount in ₹ Lakhs

Objects of the Issue

The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:

  1. Funding the working capital requirements of the company
  2. General Corporate Purposes

Anlon Technology Solutions IPO Details

IPO Date Dec 29, 2022 to Jan 2, 2023
Listing Date Tuesday, January 10, 2023
Face Value ₹10 per share
Price ₹95 to ₹100 per share
Lot Size 1200 Shares
Issue Size1,500,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Fresh Issue1,500,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
P/E (x)11.71
Market Cap (₹ Cr.)56.05
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Market MakerRIKHAV SECURITIES LIMITED
Company Promoters

Mr. Unnikrishnan Nair P M and Mrs. Beena Unnikrishnan are the Promoters of the company.

Anlon Technology Solutions IPO Tentative Timetable

Anlon Technology Solutions IPO opens on Dec 29, 2022, and closes on Jan 2, 2023. The Anlon Technology Solutions IPO bid date is from Dec 29, 2022 10.00 A.M. to Jan 2, 2023 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 Dec 29, 2022
Closing Date Jan 2, 2023
Basis of Allotment Jan 5, 2023
Initiation of Refunds Jan 6, 2023
Credit of Shares to Demat Jan 9, 2023
Listing Date Jan 10, 2023

Anlon Technology Solutions IPO Lot Size

The Anlon Technology Solutions IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 1200 ₹120,000
Retail (Max) 1 1200 ₹120,000
HNI (Min) 2 2,400 ₹240,000

Anlon Technology Solutions IPO Promoter Holding

Pre Issue Share Holding 94.55%
Post Issue Share Holding

Anlon Technology Solutions IPO Review

ATSL is an engineering services provider with the supply of related spares and after-sales services. Based on its super earnings posted in the Pre-IPO period the issue is reasonably priced, but the sustainability of such super margins going forward is a major concern. The small equity base post IPO indicates longer gestation for migration to the mainboard. Well-informed cash surplus investors may park their funds for the medium to long term. Read detail review...


Anlon Technology Solutions IPO Subscription Status (Bidding Detail)

The Anlon Technology Solutions IPO is subscribed 428.62 times on Jan 2, 2023 7:00:00 PM. The public issue subscribed 447.06 times in the retail category, 54.53 times in the QIB category, and 883.58 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB54.53
NII883.58
Retail447.06
Total428.62

Anlon Technology Solutions IPO Anchor Investors

Anlon Technology Solutions IPO Anchor investor bid ended on Dec 28, 2022. A total of 426,000 shares are offered to Anchor investors. Anlon Technology Solutions IPO Anchor Investor Lock-in Period is Feb 16, 2023 for 50% of equity shares and May 11, 2023 for the remaining portion.

  • Anchor Investor Bid Date: Dec 28, 2022
  • Anchor Portion Size: Rs.4.26 crore (Shares offered * Upper Price)
  • Anchor lock-in period end date (50% Shares): Around Feb 16, 2023 (30 Days)
  • Anchor lock-in period end date (remaining shares): Around May 11, 2023 (90 Days)
  • Anlon Technology Solutions IPO Anchor Investors list

Anlon Technology Solutions IPO Rating

363
4.1
Rating:Rated 4.1 stars
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Anlon Technology Solutions IPO Listing Date

Listing Date Tuesday, January 10, 2023
BSE Script Code
NSE Symbol ANLON
Listing In
ISIN INE0LR101013
IPO Price ₹100 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹100.00
₹251.10
₹250.00
₹263.65
₹263.65

Company Contact Information

Anlon Technology Solutions Limited
Gala No. 12 & 13, Sahakar Industrial Estate
Plot No. 164/166 Vasai Road, East,
Mumbai 401202
Phone: +91 80 41235861
Email: office.anlon@anlon.co.in
Website: https://www.anlon.co/

Anlon Technology Solutions IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: atsl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Anlon Technology Solutions IPO Review

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Anlon Technology Solutions IPO FAQs

Anlon Technology Solutions IPO is a SME IPO of 1,500,000 equity shares of the face value of ₹10 aggregating up to ₹15.00 Crores. The issue is priced at ₹95 to ₹100 per share. The minimum order quantity is 1200 Shares.

The IPO opens on Dec 29, 2022, and closes on Jan 2, 2023.

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

Steps to apply in Anlon Technology Solutions 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 'Anlon Technology Solutions 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 Anlon Technology Solutions IPO opens on Dec 29, 2022 and closes on Jan 2, 2023.

Anlon Technology Solutions IPO lot size is 1200 Shares and the minimum order quantity is .

You can apply in Anlon Technology Solutions 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 Anlon Technology Solutions IPO will be done on Jan 5, 2023, and the allotted shares will be credited to your demat account by Jan 9, 2023. Check the Anlon Technology Solutions IPO allotment status.

The Anlon Technology Solutions IPO listing date is on Tuesday, January 10, 2023.
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