Presstonic Engineering IPO will be Open on 11 December 2023 and Close on 13 December 2023. The company has fixed the price of this IPO at ₹72 according to the face value of ₹10. The company will raise ₹23.30 Crores through this IPO under the 3,236,800 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO is 50% For RII and 50% For other Investors. You can check Presstonic Engineering IPO GMP here.
Presstonic Engineering Limited manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products, and supplies to renowned Global and Domestic OEMs engaged in the Rail and Metro Rail Rolling stock and Signalling equipment manufacturing and servicing companies.
The company range of products under our manufacturing capabilities is summarized as under:
Metro Rail Rolling Stock Products:
Rolling Stock Interior Products: Saloon Bucket/Plain Type Seat, Custom Colored Engineered Handles, Grab Pole System, Hand Rail System, Emergency Evacuation Ramp, Honeycomb Partition Panels, etc.
Rolling Stock Non-Interior Products: Aluminum Cable Management Systems, Cab Handrail, Carriage Frame Module, Air Handling Unit, Battery Box, Equipment Mounting Frames, Gangway Frame, Driver Foot Rest Assembly, Enclosure Box, Driver Simulator Cabin etc.
Metro Rail Signaling Products:
IP Rated Enclosures, Beacon Mounting Brackets, Ballast Support Bracket, DCS Mast, Ladder Assembly with DCS Mast Platform, etc.
Infrastructure Products:
Steel Structure and Aluminum Murals, Support Structure for Solar Panels, Wire Form and Cable Trays, etc.
The company manufacturing facility is spread over approx. 28,317.50 sq. ft. situated at Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, North Bangalore, Karnataka – 560091 is equipped with the latest pieces of machinery, equipment, and instruments which are capable of manufacturing of diverse products for Railways and Metros. You can check Presstonic Engineering IPO Subscription status here.
Objects Of The Issue :
- Funding Capital Expenditure towards the purchase of additional plant and machinery.
- Prepayment in full of certain borrowings availed by our Company.
- To meet the Working Capital Requirements.
- To meet the Issue Expenses.
- General Corporate Purposes.
Company Strengths :
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient workforce.
- Cordial relations with our customers.
- Quality Assurance & Control.
| Read also: Upcoming IPO List 2023 |
Presstonic Engineering IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹21.13 Cr ₹72 /EQ 11.46 6.28x 115.00 % 51.92 % 872.00 % 0.598 ₹22.07 ₹27.38 Cr ₹295.00 Cr 99.97 % 57.99 % |
| Team Review : | ✔ Apply For Long Term |
Presstonic Engineering IPO GMP Live:
Presstonic Engineering IPO GMP Or Grey Market Premium is available here. The SME IPO GMP Premium updated Day By Day IPO running Period and the GMP Rates fluctuated and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| Today | Day Wise Live GMP | ₹- |
Presstonic EngineeringS IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 11 December 2023 |
| IPO Close : | 13 December 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹72 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹23.30 Cr {3,236,800 Shares} |
| Fresh Issue : | ₹23.30 Cr {3,236,800 Shares} |
Presstonic Engineering IPO Market Lot :
Presstonic Engineering IPO Minimum Market lot is 1 Lot with 1600 shares with ₹115,200 Application amount. The retail investors can apply up to 1 lot with 1600 Shares or ₹115,200 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1600 | ₹115,200 |
| Retail (Max) : | 1 | 1600 | ₹115,200 |
| S-HNI (Min) : | 2 | 3200 | ₹230,400 |
Presstonic Engineering IPO Net Reservation :
Presstonic Engineering IPO Net Reservation of 3,236,800 shares is to be bid for the public issue by Presstonic Engineering IPO with 1,536,800 for NII and 1,536,800 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 15,36,800 | ₹11.06 Cr |
| RII : | 50% | 15,36,800 | ₹11.06 Cr |
| MMRP : | — | 163,200 | ₹1.18 Cr |
| Total : | 100% | 3,236,800 | ₹23.30 Cr |
Presstonic Engineering IPO EPS & RoNW :
The Presstonic Engineering company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹11.46 | 51.92% | ₹22.07 |
| 2022 | ₹0.63 | 5.93% | ₹10.61 |
| 2021 | ₹-0.76 | -7.59% | ₹9.98 |
Presstonic Engineering IPO Peer Comparison PE :
Presstonic Engineering, According to the RHP of the company no listed company in India.
| Sr. No. | Company | PE Ratio |
| 1. | N/A | – |
Presstonic Engineering IPO Dates :
Presstonic Engineering IPO Date 11 December 2023 and closes on 13 December 2023. The allotment will be finalized on 14 December 2023 and the IPO may list on 18 December 2023.
| Issue Open Date : | 11 December 2023 |
| Issue Close Date : | 13 December 2023 |
| Allotment Date : | 14 December 2023 |
| Refund Date : | 15 December 2023 |
| Share Credit Date : | 15 December 2023 |
| Listing Date : | 18 December 2023 |
Presstonic Engineering IPO Form :
There are two ways to apply in Presstonic Engineering IPO. You can apply for Presstonic Engineering IPO through ASBA available in your bank account. You have to go to your online bank login select Presstonic Engineering IPO in the Invest section and apply through your bank account. Another option is you apply for Presstonic Engineering IPO through an IPO form download through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker
Presstonic Engineering Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹2,113.27 | ₹1,757.71 | ₹256.14 |
| 2022 | ₹1,272.21 | ₹1,250.77 | ₹14.06 |
| 2021 | ₹769.44 | ₹791.25 | ₹-16.94 |
Company Promoters :
■ Mr. Herga Poornachandra Kedilaya
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Presstonic Engineering IPO Lead Managers :
■ Finshore Management Services Limited
Presstonic Engineering IPO Registrar :
Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Facsimile: +91-44-28460129
Email: [email protected]
Website: www.cameoindia.com
Note: Check Presstonic Engineering IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link.
Company Address :
Presstonic Engineering Limited
Sy. No. 2, Khatha No. 145,
Hoysala Main Road, Pillappa Industrial Layout,
Srigandhadakavalu, Sunkadakatte, Viswaneedam,
Bangalore, North Bangalore, Karnataka – 560091, India
Email ID: [email protected]
Website: www.presstonic.com
Presstonic Engineering IPO FAQs :
What is Presstonic Engineering IPO?
Presstonic Engineering IPO is an SME IPO. They are going to raise ₹23.30 Crores via IPO. The issue is priced at ₹72 per equity share. The IPO is to be listed on NSE, SME.
When Presstonic Engineering IPO will open?
The IPO is open 11 December 2023 – 13 December 2023 for NII & RII.
How Much is Presstonic Engineering’s IPO Size?
Presstonic Engineering’s IPO size is ₹23.30 Crores.
How much is the Fresh issue size of the Presstonic Engineering IPO?
The Fresh issue size of Presstonic Engineering IPO ₹23.30 Cr.
How much is the Offer For Sale size of Presstonic Engineering IPO?
The Offer For Sale size of Presstonic Engineering IPO ₹0 Cr.
What is the Presstonic Engineering IPO Price Band?
Presstonic Engineering’s IPO Price Band is ₹72 Per share.
What is the Presstonic Engineering IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹115,200 amount while the maximum bid is 1600 shares with ₹115,200.
How Much is Presstonic Engineering IPO Investors Portion?
The investors’ portion for NII is 50% and RII 50%.
When is the Presstonic Engineering IPO Allotment Date?
Presstonic Engineering IPO allotment date is 14 December 2023.
When is the Presstonic Engineering IPO Listing Date?
Presstonic Engineering’s IPO listing date is 18 December 2023. The IPO to list on NSE, SME.
How to Apply the Presstonic Engineering IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Presstonic Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Presstonic Engineering IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Presstonic Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Presstonic Engineering IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Presstonic Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Presstonic Engineering IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Presstonic Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Presstonic Engineering GMP: Click Here Presstonic Engineering Subscription: Click Here Presstonic Engineering Allotment: Click Here Presstonic Engineering Listing: Click Here |
All Presstonic Engineering IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.