Anlon Technology Solutions IPO
IPO Details
- Open Date 29-Dec-23
- Close Date 02-Jan-23
- Lot Size 1200
- IPO Size ₹ 15.00 Cr
- IPO Price Range ₹ 95 to ₹ 100
- Min Investment -
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
Anlon Technology Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 29-Dec-22 | 4.27x | 14.58x | 35.12x | 21.92x |
| 30-Dec-22 | 9.24x | 73.43x | 113.23x | 75.04x |
| 02-Jan-23 | 54.53x | 883.58x | 447.06x | 428.62x |
IPO Synopsis
Anlon Technology Solutions IPO opens on 29th December and closes on 2nd January. The issue comprises of fresh issuance of 1,500,000 shares aggregating to Rs. 15 crores. The issue will be listed on NSE SME on 10th January while the shares will be allotted on 5th January. The company has set the price band for the issue at Rs. 95 – Rs. 100 per share while the lot size is set at 1200 shares per lot. GYR Capital Advisors is the lead manager for the issue.
Objective of Anlon Technology IPO:
The net proceeds from the issue will be utilised for:
• Funding the working capital requirements of the company
• General Corporate Purposes
About Anlon Technology Solutions
Anton Technology is primarily engaged in the business of providing engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high rise buildings and refineries. It also sells spare parts for performing engineering services which is ancillary part of the engineering services.
In FY22, it has entered into a contract for fabrication and installation of airport interior equipment wherein it does sourcing, supervising & quality control of the manufacturing process, and does safe transportation & installation of the end product to the installation site, overseeing safe installation, and have supplied conveyer belt systems in airports for air cargo handling companies and have also been providing equipment and services for runway maintenance. To its overseas manufacturers, Anlon provides end to end techno-commercial support which include specifying the solution, facilitate techno-commercial interaction between the manufacturer and the end user, and assist in order processing, and support in successful implementation by providing all logistic support in India such as custom clearance, inland transportation, etc. We further offer our help in installation, commissioning, training, warranty and post-warranty services and thus looking after the equipment for its whole lifetime.
Check out webstories on Anton Technology IPO
Anlon Technology Solutions Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Revenue from operations | 19.3 | 14.3 | 13.7 |
| EBITDA | 4.0 | 1.3 | 1.1 |
| PAT | 2.4 | 0.7 | 0.7 |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Total Assets | 21.0 | 15.5 | 11.1 |
| Share Capital | 0.0 | 0.0 | 0.0 |
| Total Borrowings | 5.8 | 1.6 | 0.2 |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -0.3 | 0.1 | 1.5 |
| Net cash from / (used in) investing activities | -2.3 | 0.0 | -1.6 |
| Net cash flow from / (used in) financing activities | 3.7 | 1.3 | 0.2 |
| Net increase (decrease) in cash and cash equivalents | 1.0 | 1.5 | 0.1 |
Peer Comparison
IPO Key Points
-
Strengths
• Company acts as mediator for the deal between Indian authorities and equipment suppliers from outside of India
• Regular technological upgradation
• 24*7 Availability for customer service
• It is always on its toes looking for new opportunities in several areas which can be successfully filled by Anlon owing to its vast industry experience and technical skills, reinforced with its relationship building
-
Risks
• Reduction in the demand of the products in which it deals in and/or competing products gaining wider market acceptance
• Loss of one or more of its key intermediary or traders or customer
• Changes in technology and its ability to manage any disruption or failure of their technology systems
• An increase in the productivity and overall efficiency of its competitors
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
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IPO FAQs
What is the price band of the Anlon Technology IPO?
The price band of the Anlon Technology IPO is set at Rs. 95 – Rs. 100 per share
When does the Anlon Technology IPO issue open and close?
The Anlon Technology IPO opens on 29th December and the closes on 2nd January.
What is the size of Anlon Technology IPO issue?
The Anlon Technology IPO comprises of fresh issuance of 1,500,000 shares aggregating to Rs. 15 crores.
What is the allotment date of Anlon Technology IPO?
The allotment date of Anlon Technology IPO is set for 5th January.
What is the Anlon Technology IPO’s listing date?
The Anlon Technology IPO issue will be listed on 10th January..
What is the lot size and investment required for the Anlon Technology IPO?
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).
What is the objective of the issue?
The net proceeds from the issue will be used for Anlon Technology IPO:
• Funding the working capital requirements of the company
• General Corporate Purposes
How to apply for the Anlon Technology IPO?
To apply for the 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 promoters/key personnels of Anlon Technology?
Anlon Technology is promoted by Mr. Unnikrishnan Nair P M and Mrs. Beena Unnikrishnan.
Who are the book runners for Anlon Technology IPO?
GYR Capital Advisors is the book running lead managers to the issue.
Contact Details of Anlon Technology Solutions IPO
Contact Information
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/
Anlon Technology Solutions IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: atsl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Anlon Technology Solutions IPO Lead Manager
GYR Capital Advisors Limited