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Incorporated in 2002, Delhi based Five Core Electronics Limited is in the business of manufacturing and exporting whole range of Public Address Systems - Woofers, Amplifiers, Computer Speakers, Personal Speaker System, Headphones, and Earphones. The Company has also been trading in the fabric.
Five Core has a strong presence in the overseas market in African Continent, UAE, South America, Singapore, Dubai, Bangladesh, Vietnam Nepal, to name a few. Its products are sold in 56 countries across 6 continents through a network of over 350 distributors and dealers. In India, the company is present in 17 States through a distributor and dealer network of more than 240 in different zones. It has also opened showrooms in Dehradun, Saharanpur, Chomu, Guwahati, Jeopur, Patna, Raxaul, Bhagalpur, Calicut and Hyderabad which are run by dealers.
Five Core has 296 employees on its payroll.
The promoters of the company are Amarjit Singh Kalra and
Surinder Kaur Kalra.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 7,692.07 | 4,852.13 | 3,320.90 | 3,604.09 | 2,350.70 | |
| Total Revenue | 17,061.75 | 12,294.19 | 11,349.31 | 11,180.05 | 8,558.34 | |
| Profit After Tax | 148.69 | 95.26 | 66.28 | 85.11 | 74.44 | |
The objects of the Issue are: -
1. To meet the working capital requirements of the Company
2. To meet the working capital requirements of the Subsidiary, 5 Core Acoustics Private Limited
3. General Corporate Purpose
4. Repayment of Unsecured Loan of Promoters/Directors
5. Issue Expenses
| IPO Opening Date | May 9, 2018 |
| IPO Closing Date | May 11, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | NSE SME |
| Issue Size | 3,333,000 Eq Shares of ₹10 (aggregating up to ₹46.66 Cr) |
The Five Core Electronics IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹140,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹140,000 |
| Maximum | 1 | 1000 | ₹140,000 |
Based on its track record for Fiscal 14 to 17, it fared with average performances. For first nine months it has posted spectacular performance which raises concern on sustainability. Although company is the first mover in the segment, considering main concern of sustainability of bottom lines as the industry is highly fragmented, investors may consider investment at their own risk.
Read detail review...The Five Core Electronics IPO is subscribed 0.55 times on 5/10/2018 5:00:00 PM. The public issue subscribed 0.07 times in the retail category, times in the QIB category, and 1.04 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.04 |
| Retail | 0.07 |
| Total | 0.55 |
| Listing Date | Monday, May 21, 2018 |
| BSE Script Code | |
| NSE Symbol | FIVECORE |
| Listing In | |
| ISIN | INE574Z01013 |
| IPO Price | ₹140 per equity share |
| Face Value | ₹10 per equity share |
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Five Core Electronics Limited
WZ-15B, Ground Floor
Uggarsain Market,
Ashok Nagar, New Delhi - 110018
Phone: +91 11 28128000
Email: investcare@5core.in
Website: http://www.5core.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Five Core Electronics IPO is a SME IPO of 3,333,000 equity shares of the face value of ₹10 aggregating up to ₹46.66 Crores. The issue is priced at ₹140 per equity share. The minimum order quantity is 1000 Shares.
The IPO opens on May 9, 2018, and closes on May 11, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Five Core Electronics IPO opens on May 9, 2018 and closes on May 11, 2018.
Five Core Electronics IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.
You can apply in Five Core Electronics 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 Five Core Electronics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Five Core Electronics IPO allotment status.
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