All E Technologies IPO

Closed

Subscription Details

  • Open Date 09 Dec
  • Close Date 13 Dec
  • Lot Size 1600 shares
  • IPO Size ₹ 48.20 Cr
  • IPO Price Range ₹ 87 to ₹ 90 per share

All E Technologies IPO Subscription Status

Date QIB NII RII TOTAL
9-Dec-22 1.40x 2.81x 6.75x 3.48x
12-Dec-22 1.99x 13.35x 36.63x 15.82x
13-Dec-22 13.53x 237.07x 132.46x 88.69x

IPO Synopsis

All E Technologies IPO opens on 9th December, and closes on 13th December. The issue size of Rs. 48. 2 cr consists of fresh issue of 4,864,000 equity shares and an OFS of 491,200 shares. The lot size is fixed at 1600 shares while the price band is set for Rs. 87 to Rs. 90 per share. The shares will be allotted on 16th December while the issue will be listed on NSE SME on 21st December. Unistone Capital Pvt. Ltd is the running book manager for the issue.

Objective of All E Technologies

The net proceeds from the issue will be utilised for:

•    Expansion of Business
•    Acquisitions of Businesses in similar or complementary areas
•    General Corporate Purposes
 

About All E Technologies

Alletec is a Microsoft Business Applications & Digital Transformation company Alletec helps clients stay ahead with Intelligent Business Applications. Leveraging the suite of Microsoft Dynamics 365, Power Platform, Data & AI - powered by Microsoft Azure & Collaboration platforms.

It helps in bringing together - Company & Customers, Factory & Field Service, Store Front & Supply Chain, Patients & Providers, People & Governments - by putting in place integrated operational systems of ERP, CRM, Collaboration Portals, Mobile Apps, and enable businesses to draw actionable insights from data.

It provides consulting services for solution assessments, provide product licenses, carry out solution implementation, provide solution enhancements and on-going support. It also offers offshore technology services to some large Microsoft Business Applications partners from the USA and Europe. 
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 70.0 61.2 53.7
PAT 8.2 9.7 1.8
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 63.5 55.9 42.0
Share Capital 15.3 1.2 1.2
Total Borrowings 0.1 0.1 0.1
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 8.5 11.9 -3.4
Net cash from / (used in) investing activities -10.3 -7.7 0.3
Net cash flow from / (used in) financing activities 3.0 0.0 -0.5
Net increase (decrease) in cash and cash equivalents 1.2 4.2 -3.7

Peer Comparison

Name of the Company Basic EPS CMP Rs. per share PE RoNW%
All E Technologies Ltd 6.94 29 NA 24.61%
KSolves India Ltd 13.27 14.17 26.72 4.32%
InfoBeans Technologies Ltd. 22.82 95.56 31.83 19.39%


IPO Key Points

  • Strengths

    •    Dedicated technical & functional team to provide services/ solutions to our customers 
    •    Experience of handling large & complex projects 
    •    Portfolio of offerings spread over a set of complementary solutions that include ERP, CRM, Analytics, Cloud Solutions, Data & AI
    •    Customer base spread across many countries in Americas, Europe, Africa, Middle East, and APAC
    •    Over 50% of revenue each year being repeat business from existing customers
    •    Multi-year relationships with most customer

     

  • Risks

    •    Engagement in a highly competitive business and a failure to effectively compete
    •    Dependency on partners
    •    Fluctuations in Foreign Exchange rates
    •    Termination of clients/ works contracts without cause and with little or no notice or penalty
    •    Inability to collect the dues and receivables from, or invoice the unbilled services to, the customers, the results of operations
     

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

IPO FAQs

What is the size of All E Technologies IPO?

The All E Technologies IPO consists of fresh issue of 4,864,000 equity shares and an OFS of 491,200 shares.

When does the All E Technologies IPO open and close?

 The All E Technologies IPO opens on 9th December and closes on 13th December. 

What is the price band of All E Technologies IPO?

The price band of the All E Technologies IPO is Rs. 87- Rs. 90 per share.

What is the allotment date of All E Technologies IPO?

The allotment date of the All E Technologies IPO is 16th December

What is the All E Technologies IPO listing date?

The listing date for the issue is 21st December. 

What is the objective of the All E Technologies IPO?

The net proceeds from the issue will be utilised for:
•    Expansion of Business
•    Acquisitions of Businesses in similar or complementary areas
•    General Corporate Purposes 

How to apply for the All E Technologies IPO?

To apply for the All E Technologies IPO, follow the steps given below
•    Login to your 5paisa account and select the issue in the current IPO section
•    Enter the number of lots and price at which you wish to apply for
•    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
•    You will receive a mandate notification to block funds in your UPI app

Who are the book runners for All E Technologies IPO?

Unistone Capital Pvt. Ltd is the book running lead manager to the issue.

Who are the promoters/key personnels of All E Technologies?

All E Technologies is promoted by Dr. Ajay Mian and Dr. Suman Mian.

What is the minimum lot size and investment required for the All E Technologies IPO?

The ALL E Technologies IPO lot size is 1600 shares per lot.  A retail-individual investor can apply for up to 1 lot (1600 shares or ₹144,000)

Contact Details of All E Technologies IPO

Contact Information

All E Technologies Limited

UU-14, Vishakha
Enclave, Pitampura,
Delhi- 110034
Phone: +(91)-120 3000 300
Email: info@alletec.com
Website: https://www.alletec.com/

All E Technologies IPO Register

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/

All E Technologies IPO Lead Manager

Unistone Capital Pvt Ltd