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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 ₹100.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,14,000 (1200 shares). The minimum lot size investment for 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 Date | December 29, 2022 to January 2, 2023 |
| Listing Date | January 10, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Issue Price Final | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,00,000 shares (aggregating up to ₹15.00 Cr) |
| Reserved for Market Maker | 76,800 shares Rikhav Securities Ltd. (aggregating up to ₹0.7680 Cr) |
| Net Offered to Public | 14,23,200 shares (aggregating up to ₹14.23 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 41,05,000 shares |
| Share Holding Post Issue | 56,05,000 shares |
Anlon Technology Solutions IPO offers total 15,00,000 shares. Out of which 7,10,400 (47.36%) allocated to QIB, 2,84,400 (18.96%) allocated to QIB, 2,13,600 (14.24%) allocated to NII, 4,99,200 (33.28%) allocated to RII and 4,26,000 (28.40%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 76,800 (5.12%) |
| QIB Shares Offered | 7,10,400 (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 (14.24%) |
| Retail Shares Offered | 4,99,200 (33.28%) |
| Total Shares Offered | 15,00,000 (100.00%) |
Anlon Technology IPO raises ₹4.26 crore from anchor investors. Anlon Technology IPO Anchor bid date is December 28, 2022. Anlon Technology IPO Anchor Investors list
| Bid Date | December 28, 2022 |
| Shares Offered | 4,26,000 |
| Anchor Portion Size (In Cr.) | 4.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 4, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 5, 2023 |
Anlon Technology IPO opens on December 29, 2022, and closes on January 2, 2023.
| IPO Open Date | Thu, Dec 29, 2022 |
| IPO Close Date | Mon, Jan 2, 2023 |
| Tentative Allotment | Thu, Jan 5, 2023 |
| Initiation of Refunds | Fri, Jan 6, 2023 |
| Credit of Shares to Demat | Mon, Jan 9, 2023 |
| Tentative Listing Date | Tue, Jan 10, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jan 2, 2023 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1105.74 | 1381.25 | 68.54 | 172.3 | 171.3 | 17.83 |
| 31-Mar-21 | 1552.78 | 1444 | 73.51 | 245.82 | 244.82 | 161.05 |
| 31-Mar-22 | 2096.9 | 1958.6 | 242.94 | 488.76 | 487.76 | 580.94 |
| 30-Sep-22 | 2041.97 | 1341.96 | 239.2 | 822.96 | 412.46 | 557.87 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Anlon Technology IPO is ₹56.05 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 11.71 |
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
[Dilip Davda] ATSL is an engineering services provider with the supply of related spares and after-sales services. Based on its super earnings posted in the Pre-IPO period the issue is reasonably priced, but the sustainability of such super margins going forward is a major concern. The small equity base post IPO indicates longer gestation for migration to the mainboard. Well-informed cash surplus investors may park their funds for the medium to long term. Read detail review...
| Listing Date | January 10, 2023 |
| BSE Script Code | |
| NSE Symbol | ANLON |
| ISIN | INE0LR101013 |
| Final Issue Price | ₹100 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹251.10 |
| Low | ₹250.00 |
| High | ₹263.65 |
| Last Trade | ₹263.65 |
Anlon Technology Solutions Ltd.
Gala No. 12 & 13, Sahakar Industrial Estate,
Plot No. 164/166,
Vasai Road, East,
Mumbai, Maharashtra, 401202
Phone: +91 80 41235861
Email: office.anlon@anlon.co.in
Website: https://www.anlon.co/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: atsl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Anlon Technology IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹15.00 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on December 29, 2022, and closes on January 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 December 29, 2022 and closes on January 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 Monday, January 9, 2023. Check the Anlon Technology IPO allotment status.
The Anlon Technology IPO listing date is on Tuesday, January 10, 2023.
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