Bookbuilding IPO | ₹48 Cr | Listed at NSE SME | Fri, Dec 9, 2022 - Tue, Dec 13, 2022
All E Technologies IPO is a book build issue of ₹48.20 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to ₹43.78 crores and offer for sale of 0.05 crore shares aggregating to ₹4.42 crores.
All E Technologies IPO bidding started from Dec 9, 2022 and ended on Dec 13, 2022. The allotment for All E Technologies IPO was finalized on Dec 16, 2022. The shares got listed on NSE SME on Dec 21, 2022.
All E Technologies IPO price band is set at ₹90 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,44,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,88,000.
Unistone Capital Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to All E Technologies IPO RHP for detailed Information.
IPO Open
Fri, Dec 9, 2022
IPO Close
Tue, Dec 13, 2022
Issue Price
₹90 per share
Market Cap (Pre-IPO)
₹181.75 Cr
| IPO Date | 9 to 13 Dec, 2022 |
| Listed on | Wed, Dec 21, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹87 to ₹90 |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 53,55,200 shares (agg. up to ₹48 Cr) |
| Reserved for Market Maker | 2,68,800 shares Nikunj Stock Brokers Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 45,95,200 shares (agg. up to ₹41 Cr) |
| Offer for Sale | 4,91,200 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 50,86,400 shares (agg. up to ₹46 Cr) |
| Share Holding Pre Issue | 1,53,30,176 shares |
| Share Holding Post Issue | 2,01,94,176 shares |
| NSE Symbol | ALLETEC |
| ISIN | INE0M2X01012 |
All E Technologies IPO comprises a total issue size of 53,55,200 shares. The net offer to the public is 50,86,400 shares, after excluding 2,68,800 shares allotted on a firm basis. Of the Net offer 25,42,400 (49.98%) are allocated to QIB, 7,63,200 (15.00%) allocated to NII 17,80,800 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 25,42,400 | 49.98% | 47.48% |
| − Anchor Investor Shares Offered | 15,24,800 | 28.47% | |
| − QIB (Ex. Anchor) Shares Offered | 10,17,600 | 19.00% | |
| NII (HNI) Shares Offered | 7,63,200 | 15.00% | 14.25% |
| Retail Shares Offered | 17,80,800 | 35.01% | 33.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,68,800 | 5.02% | |
| Total Shares Offered | 53,55,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,44,000 |
| Retail (Max) | 1 | 1,600 | ₹1,44,000 |
| HNI (Min) | 2 | 3,200 | ₹2,88,000 |
All E Technologies IPO raises ₹13.72 crore from anchor investors. All E Technologies IPO Anchor bid date is December 8, 2022.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Dec 8, 2022 |
| Shares Offered | 15,24,800 |
| Anchor Portion (₹ Cr.) | 13.72 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Jan 15, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Mar 16, 2023 |
Incorporated in 2000, All E Technologies Limited is a Microsoft Business Applications & Digital Transformation company. Alletec helps clients stay ahead with Intelligent Business Applications. The company offers Microsoft Dynamics 365, Power Platform, Data & AI - powered by Microsoft Azure & Collaboration platforms.
The company help 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.
All E Technologies Limited also provide offshore technology services to some large Microsoft Business Applications partners from the USA and Europe. The company's 100% workforce shifted to a work-from-home model after the Covid restrictions. The company's primary physical office is in Noida.
The company has a total of 330 employees.
The company has an experience of over 2 decades, spanning over 750 customers. This is the highest number of Business Applications customers acquired by any partner from India.
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 71.51 | 63.51 | 55.87 | 42.05 |
| Total Income | 23.20 | 72.34 | 63.28 | 55.29 |
| Profit After Tax | 2.92 | 8.22 | 9.73 | 1.79 |
| NET Worth | 47.54 | 44.46 | 39.02 | 30.72 |
| Reserves and Surplus | 32.21 | 29.13 | 37.86 | 29.56 |
| Total Borrowing | 0.05 | 0.06 | 0.13 | 0.13 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Business | 25.00 |
| 2 | Acquisitions of Businesses in similar or complementary areas | 10.00 |
| 3 | General Corporate Purposes | 4.35 |
| KPI | |
|---|---|
| RoNW | 24.61 |
| PAT Margin | 11.36% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.94 | |
| P/E (x) | 15.36 | |
| Promoter Holding | 65.80% | |
| Market Cap | ₹181.75 Cr. |
The All E Technologies IPO is subscribed 88.69 times on December 13, 2022 7:00:00 PM (Day 3). The public issue subscribed 132.46 times in the retail category, 13.53 times in the QIB category, and 237.07 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 13.53 | 25,42,400 | 3,43,96,800 |
| NII* | 237.07 | 7,63,200 | 18,09,31,200 |
| Retail | 132.46 | 17,80,000 | 23,57,71,200 |
| Total | 88.69 | 50,86,400 | 45,10,99,200 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Underwriting commission, brokerage and selling commission, advisory, consulting, etc (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs(2)(3) etc.) | 3.50 |
| 2 | Offer relating expenses such as fees to Book Running Lead Manager FixedFee, Registrar to the Offer Legal Advisors, Auditors, Paper Advertisements and other expenses incurred/ to be incurred including promotional expenses. | 1.02 |
| 3 | Listing fees, Stock Exchange processing fees,software fees, Depositories’ fees, other regulatory expenses and sundry expenses | 0.35 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹90.00 |
| Open | ₹125.00 |
| Low | ₹120.10 |
| High | ₹131.25 |
| Last Trade | ₹131.25 |
Lead Manager Reports
All E Technologies IPO is a SME IPO of 53,55,200 equity shares of the face value of ₹10 aggregating up to ₹48 Crores. The issue is priced at ₹90 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Dec 9, 2022, and closes on Tue, Dec 13, 2022.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in All E Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in All E Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in All E Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The All E Technologies IPO opens on Fri, Dec 9, 2022 and closes on Tue, Dec 13, 2022.
All E Technologies IPO lot size is 1600, and the minimum amount required for application is ₹1,44,000.
You can apply in All E Technologies IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for All E Technologies IPO will be done on Friday, December 16, 2022, and the allotted shares will be credited to your demat account by Tue, Dec 20, 2022. Check the All E Technologies IPO allotment status.
The All E Technologies IPO listing date is on Wed, Dec 21, 2022.
