Abhishek Integrations IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 15, 2022Let’s have a detailed review of the company and analytics of the Abhishek Integrations IPO release date, IPO offer price, subscription, Abhishek Integrations Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 50 |
| Listing At | NSE Emerge |
| Min. Order Quantity | 3000 Shares |
| Listing Date | Jun 21, 2021 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs 495 Lakh |
| Tick Size | 1 |
Abhishek Integrations IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Abhishek Integrations Share Price |
Abhishek Integrations IPO – Summary
Their Company was incorporated as “Abhishek Integrations Limited” at Ahmedabad on November 10, 2017, under the provisions of the Companies Act, 2013 vide certificate of incorporation issued by Registrar of Companies, Central Registration Centre.
To give corporate shape to the firm their company was incorporated in the year 2017 as Abhishek Integrations Limited with one of the main objects to take over the activities either in whole or in part of the business property, goodwill, rights interests, assets, and liabilities of sole Proprietorship- Abhishek Associates and other Firms.
The Promoter of this company is Mr. SANJAY NARBADA DUBEY. The lead manager to the issue is BEELINE BROKING LIMITED, and the Registrar to this issue is LINK INTIME INDIA PRIVATE LIMITED.
Abhishek Integrations IPO Date
The opening and the closing date of the IPO of Abhishek Integrations Limited are Jun 8, 2021, and Jun 11, 2021, respectively.
Abhishek Integrations IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Abhishek Integrations IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Abhishek Integrations Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Jun 16, 2021 |
| Refunds Initiation | Jun 17, 2021 |
| Credit of Shares to Demat Account | Jun 17, 2021 |
| Share Listing Date | Jun 21, 2021 |
Abhishek Integrations IPO Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.50
Abhishek Integrations IPO Equity Size
This Initial Public Issue of 990000 Equity Shares of Rs.10 each for cash at a price of Rs.50 per equity share aggregating to Rs.495 Lakh.
Abhishek Integrations IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: 990000 Equity Shares of Rs.10 each, aggregating to Rs.495 Lakh
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Abhishek Integrations IPO – Live Performance
The listing date of this IPO is Jun 21, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Abhishek Integrations Share Price |
Abhishek Integrations IPO Grey Market Premium
The IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Abhishek Integrations IPO – Company Overview
They are a “Class A” Gujarat Government approved contractor and having a team of around more than 490 employees on their payrolls. Their company is engaged in the developing, operating, and maintaining of electrical and mechanical work and its installation at various Airports in India.
Their expertise is to provide end-to-end solutions to AAI in the installation, designing, commission, testing, implementation, management, and operational support for all kinds of electrical and mechanical work.
At present they are having around 24 projects in the hands of AAI. The projects are located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara.
We have been recently awarded the project of AAI at Aurangabad having a contract value of Rs. 83.69 Lakhs for ARMO of E & M installations of NITB, NAV-AIDS, Residential Colony, and allied buildings at Aurangabad Airport for two years.
Abhishek Integrations IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 362.24 | 27.37 | 14.42 |
| *Total Revenue | 235.57 | 73.01 | 5.69 |
| Total Expense | 219.99 | 68.38 | 5.51 |
| Profit After Tax | 11.89 | 3.00 | 0.14 |
Earnings per Equity Share (in Lakh)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 0.78 | 0.83 | 0.43 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 11.89 Lakh, Rs. 3.00 Lakh, and Rs. 0.14 Lakh respectively.
Abhishek Integrations IPO – Promoters
The Promoter of this company is:
- SANJAY NARBADA DUBEY
List of Related Parties (Key Managerial Personnel)
- Mr. Sanjay Narbada Dubey, Chairman, and Managing Director
- Mrs. Jyoti Sanjay Dubey, Whole-Time Director
- Mr. Narbada Bhujavan Dwivedi, Non-Executive Director
- Mr. Sanjay Dayalji Kukadia, Additional Independent Director
- Mrs. Rima Amit Dalal, Additional Independent Director
Abhishek Integrations – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Abhishek Integrations IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 9,90,000 Equity Shares aggregating up to Rs.495 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 54,000 Equity Shares aggregating up to Rs. 27 Lakh |
| Net Issue to the Public | Up to 9,36,000 Equity Shares aggregating up to Rs.468 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 4,68,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 4,68,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 20,20,785 Equity Shares |
| Equity Shares outstanding after the Issue | 30,10,785 Equity Shares |
Abhishek Integrations IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Abhishek Integrations – Business Strategy
- Focus on enhancing the project execution capabilities
- Diversify into new geographies
- Attract and retain talented Employees
Abhishek Integrations IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Vast Experience of around Two Decades and having experienced Team
- Long Term relations ships with Clients
- Capturing the growth potentials and Government focus on Sector
- Timely Completion of Projects
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 0.78 | 4.19 | 14.05 |
| 31-Mar-20 | 0.83 | 19.80 | – |
| Mar-19 | 0.43 | 1.12 | – |
Abhishek Integrations: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Abhishek Integrations Limited | 10 | 63.70 | 0.78 | 4.19 | 235.47 |
| Listed Peers | |||||
| Ranjeet Mechatronics Limited | 10 | 12.65 | 1.03 | 5.64 | 3491.26 |
Abhishek Integrations IPO Lead Managers
| Lead Managers |
| BEELINE BROKING LIMITED SEBI Registration Number: INM000012546 Merchant Banking Division Address: 807, Phoenix Tower, Opp. New Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura, Ahmedabad – 380 009 Telephone Number: +91 79 4840 5357 Email Id: mb@beelinemb.com Investors Grievance Id: ig@beelinebroking.com Website: www.beelinebroking.com Contact Person: Mrs. Khushbu Shah CIN: U51900GJ2014PLC080598 |
Abhishek Integrations IPO Registrar to offer
| Registrar to the Offer |
| LINK INTIME INDIA PRIVATE LIMITED SEBI Registration Number: INR000004058 Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai – 400 083, Maharashtra Tel. Number: +91 22 4918 6200 Fex No.: (022) 4918 6195 Email Id: ail.ipo@linkintime.co.in Investors Grievance Id: ail.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Ms. Shanti Goapalkrishnan CIN: U67190MH1999PTC118368 |
Abhishek Integrations IPO – Other Details
- Statutory Auditor – M/s. Gattani & Associates, Chartered Accountants
- Legal Counsel to the Company – NA
- Bankers to the Company – Union Bank of India
Abhishek Integrations IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Abhishek Integrations Limited IPO News
News 1 – Abhishek Integrations Limited IPO DRHP Download
News 2 – Abhishek Integrations IPO RHP Download
Abhishek Integrations IPO Review FAQs
Ques – What is the Issue Size of Abhishek Integrations IPO?
Answer – The Company is making an initial public offer of 990000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Abhishek Integrations IPO?
Answer – The issue price for this particular IPO is Rs 50. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Abhishek Integrations IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Jun 8, 2021, while the closing date is set at Jun 11, 2021.
Ques – What is the Abhishek Integrations IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Jun 16, 2021, refund initiation is on Jun 17, 2021, credit of shares is on Jun 17, 2021, and share listing date is on Jun 21, 2021.
Ques – What is the Abhishek Integrations IPO Listing Date?
Answer – Shares of this company shall be listed in the exchange. The date, when the listing would be done, is stagnant on Jun 21, 2021.
Ques – Who is the Registrar of Abhishek Integrations IPO?
Answer – One of the reputed registrars is managing the IPO, i.e. LINK INTIME INDIA PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Abhishek Integrations IPO?
Answer – Here are the promoters of this IPO – SANJAY NARBADA DUBEY. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Abhishek Integrations IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Abhishek Integrations IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Abhishek Integrations Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 11.89, 2020 is 3.00, 2019 is 0.14.
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