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Anlon Technology Solutions IPO is a book built issue of Rs 15.00 crores. The issue is entirely a fresh issue of 15 lakh shares.
Anlon Technology Solutions IPO bidding started from December 29, 2022 and ended on January 2, 2023. The allotment for Anlon Technology Solutions IPO was finalized on Thursday, January 5, 2023. The shares got listed on NSE SME on January 10, 2023.
Anlon Technology Solutions IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
GYR Capital Advisors Private Limited is the book running lead manager of the Anlon Technology Solutions IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Anlon Technology Solutions IPO is Rikhav Securities.
Refer to Anlon Technology Solutions IPO RHP for detailed information.
| IPO Date | December 29, 2022 to January 2, 2023 |
| Listing Date | January 10, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,500,000 shares (aggregating up to ₹15.00 Cr) |
| Fresh Issue | 1,500,000 shares (aggregating up to ₹15.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 76,800 shares Rikhav Securities |
Anlon Technology Solutions IPO offers 1,500,000 shares. 284,400 (18.96%) to QIB, 213,600 (14.24%) to NII, 499,200 (33.28%) to RII 426,000 (28.40%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 426,000 (28.40%) |
| Market Maker Shares Offered | 76,800 (5.12%) |
| QIB Shares Offered | 284,400 (18.96%) |
| NII (HNI) Shares Offered | 213,600 (14.24%) |
| Retail Shares Offered | 499,200 (33.28%) |
| Total Shares Offered | 1,500,000 (100%) |
Anlon Technology Solutions IPO raises Rs 4.26 crore from anchor investors. Anlon Technology Solutions IPO Anchor bid date is December 28, 2022. Anlon Technology Solutions IPO Anchor Investors list
| Bid Date | December 28, 2022 |
| Shares Offered | 426,000 |
| Anchor Portion Size (In Cr.) | 4.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 4, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 5, 2023 |
Anlon Technology Solutions IPO opens on December 29, 2022, and closes on January 2, 2023.
| IPO Open Date | Thursday, December 29, 2022 |
| IPO Close Date | Monday, January 2, 2023 |
| Basis of Allotment | Thursday, January 5, 2023 |
| Initiation of Refunds | Friday, January 6, 2023 |
| Credit of Shares to Demat | Monday, January 9, 2023 |
| Listing Date | Tuesday, January 10, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 2, 2023 |
Investors can bid for a minimum of 1200 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 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
| Lot Size Calculator | |||
Mr. Unnikrishnan Nair P M and Mrs. Beena Unnikrishnan are the Promoters of the company.
| Share Holding Pre Issue | 94.55% |
| Share Holding Post Issue |
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 market capitalization of Anlon Technology Solutions IPO is Rs 56.05 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 11.71 |
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
[Dilip Davda] 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 January 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 |
| Listing Date | January 10, 2023 |
| BSE Script Code | |
| NSE Symbol | ANLON |
| ISIN | INE0LR101013 |
| Final Issue Price | ₹100 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹100.00 |
| ₹251.10 |
| ₹250.00 |
| ₹263.65 |
| ₹263.65 |
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/initial_offer/public-issues.html
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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 December 29, 2022, and closes on January 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 December 29, 2022 and closes on January 2, 2023.
Anlon Technology Solutions IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.
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 Thursday, January 5, 2023, and the allotted shares will be credited to your demat account by Monday, January 9, 2023. Check the Anlon Technology Solutions IPO allotment status.
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