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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:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1105.74 | 1381.25 | 68.54 | 172.3 | 171.3 | 17.83 |
| 31-Mar-21 | 1552.78 | 1444 | 73.51 | 245.82 | 244.82 | 161.05 |
| 31-Mar-22 | 2096.9 | 1958.6 | 242.94 | 488.76 | 487.76 | 580.94 |
| 30-Sep-22 | 2041.97 | 1341.96 | 239.2 | 822.96 | 412.46 | 557.87 |
| Amount in ₹ Lakhs | ||||||
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
| 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 Size | 1,500,000 shares of ₹10 (aggregating up to ₹15.00 Cr) |
| Fresh Issue | 1,500,000 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 Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| Market Maker | RIKHAV SECURITIES LIMITED |
| Company Promoters | Mr. Unnikrishnan Nair P M and Mrs. Beena Unnikrishnan are the Promoters of the company. |
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 |
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 |
| Pre Issue Share Holding | 94.55% |
| Post Issue Share Holding |
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...
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)
| Category | Subscription (times) |
|---|---|
| QIB | 54.53 |
| NII | 883.58 |
| Retail | 447.06 |
| Total | 428.62 |
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.
| 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 |
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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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: atsl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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
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.
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