Bookbuilding IPO | ₹15 Cr | Listed at NSE SME | Thu, Dec 29, 2022 - Mon, Jan 2, 2023
Anlon Technology IPO is a book build issue of ₹15.00 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹15.00 crore.
Anlon Technology IPO bidding started from Dec 29, 2022 and ended on Jan 2, 2023. The allotment for Anlon Technology IPO was finalized on Jan 5, 2023. The shares got listed on NSE SME on Jan 10, 2023.
Anlon Technology IPO price band is set at ₹100 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,20,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,40,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Anlon Technology IPO RHP for detailed Information.
IPO Open
Thu, Dec 29, 2022
IPO Close
Mon, Jan 2, 2023
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹56.05 Cr
| IPO Date | 29 Dec, 2022 to 2 Jan, 2023 |
| Listed on | Tue, Jan 10, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 15,00,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 76,800 shares Rikhav Securities Ltd. (agg. up to ₹0.7680 Cr) |
| Fresh Issue (Ex Market Maker) | 14,23,200 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 14,23,200 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 41,05,000 shares |
| Share Holding Post Issue | 56,05,000 shares |
| NSE Symbol | ANLON |
| ISIN | INE0LR101013 |
Anlon Technology IPO comprises a total issue size of 15,00,000 shares. The net offer to the public is 14,23,200 shares, after excluding 76,800 shares allotted on a firm basis. Of the Net offer 7,10,400 (49.92%) are allocated to QIB, 2,13,600 (15.01%) allocated to NII 4,99,200 (35.08%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 7,10,400 | 49.92% | 47.36% |
| − Anchor Investor Shares Offered | 4,26,000 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 2,84,400 | 18.96% | |
| NII (HNI) Shares Offered | 2,13,600 | 15.01% | 14.24% |
| Retail Shares Offered | 4,99,200 | 35.08% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 76,800 | 5.12% | |
| Total Shares Offered | 15,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,20,000 |
| Retail (Max) | 1 | 1,200 | ₹1,20,000 |
| HNI (Min) | 2 | 2,400 | ₹2,40,000 |
Anlon Technology IPO raises ₹4.26 crore from anchor investors. Anlon Technology IPO Anchor bid date is December 28, 2022.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Dec 28, 2022 |
| Shares Offered | 4,26,000 |
| Anchor Portion (₹ Cr.) | 4.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Feb 4, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Apr 5, 2023 |
Incorporated in 2015, Anlon Technology Solutions Limited is primarily engaged in the business of providing engineering services. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries.
The company offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.
There are two primary segments for the bifurcation of the business:
1. Engineering services: Commissions from the Sale of Equipment, Spare Parts Trading, and Maintenance and Service.
2. Designing, Fabrication, and Installation Services: Maintenance and Service for the products sold.
The company clocked a total revenue in FY20, FY21 and FY22 of Rs. 1,381.25 lacs, Rs. 1,444.00 lacs and Rs. 1,958.60 lacs respectively.
The company provides services to clients spread across the country, namely in cities like Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore and Chennai.
Competitive Strengths:
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 20.42 | 20.97 | 15.53 | 11.06 |
| Total Income | 13.42 | 19.59 | 14.44 | 13.81 |
| Profit After Tax | 2.39 | 2.43 | 0.74 | 0.69 |
| NET Worth | 8.23 | 4.89 | 2.46 | 1.72 |
| Reserves and Surplus | 4.12 | 4.88 | 2.45 | 1.71 |
| Total Borrowing | 5.58 | 5.81 | 1.61 | 0.18 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 10.25 |
| 2 | General Corporate Purposes | 3.75 |
| KPI | |
|---|---|
| ROE | 66.14 |
| ROCE | 37.58 |
| Debt/Equity | 1.19 |
| RoNW | 49.71 |
| PAT Margin | 12.40% |
| EBITDA Margin | 20.52% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.06 | |
| P/E (x) | 11.71 | |
| Promoter Holding | 94.55% | |
| Market Cap | ₹56.05 Cr. |
The Anlon Technology Solutions IPO is subscribed 428.62 times on January 2, 2023 7:00:00 PM (Day 3). The public issue subscribed 447.06 times in the retail category, 54.53 times in the QIB category, and 883.58 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 54.53 | 2,84,400 | 1,55,08,800 |
| NII* | 883.58 | 2,13,600 | 18,87,32,400 |
| Retail | 447.06 | 4,99,200 | 22,31,74,800 |
| Total | 428.62 | 9,97,200 | 42,74,16,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees including Underwriting Commission | 0.56 |
| 2 | Fees Payable to Advisor to the Issue, Consultants, Advisor to the Company | 0.25 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.05 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.01 |
| 7 | Fees Payable to Market Maker (for Two Years) | 0.06 |
| 8 | Escrow Bank Fees | 0.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹251.10 |
| Low | ₹250.00 |
| High | ₹263.65 |
| Last Trade | ₹263.65 |
Lead Manager Reports
Anlon Technology IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Dec 29, 2022, and closes on Mon, Jan 2, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Anlon Technology IPO using UPI as a payment gateway. Zerodha customers can apply in Anlon Technology IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Anlon Technology IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Anlon Technology IPO opens on Thu, Dec 29, 2022 and closes on Mon, Jan 2, 2023.
Anlon Technology IPO lot size is 1200, and the minimum amount required for application is ₹1,20,000.
You can apply in Anlon Technology 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 Anlon Technology IPO will be done on Thursday, January 5, 2023, and the allotted shares will be credited to your demat account by Mon, Jan 9, 2023. Check the Anlon Technology IPO allotment status.
The Anlon Technology IPO listing date is on Tue, Jan 10, 2023.
