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Anlon Technology Solutions IPO GMP, Price, Dates & Allotment Details 2022

Anlon Technology Solutions IPO GMP, Price, Dates & Allotment Details 2022

Anlon Technology Solutions IPO opens on December 29 and closes on January 2, 2023. According to the DRHP filed in SEBI, the company is planning to issue 1,500,000 shares of ₹ 10 each, at a price of ₹ 100 per share, aggregating up to ₹ 15 crore through this public issue.

Incorporated in 2015. The company’s main line of business is the provision of engineering services for engineering systems built on automotive platforms and related fields, primarily for airports, high-rise structures, and refineries. In addition to providing engineering services, the organization also offers spare parts for completing those services.

Company operations mainly classified in two categories;

  1. Mobile Fire Fighting, Rescue and Evacuation Equipment and allied services: 
  2. Other Airport Services

Company reported total revenues of ₹ 1,381.25 lacs, ₹ 1,444.00 lacs, and ₹ 1,958.60 lacs in FY20, FY21, and FY22, respectively. From FY20 to FY22, total sales increased at a CAGR of 19.08%. EBITDA was ₹ 109.76 lacs in FY20, ₹ 132.97 lacs in FY21, and ₹ 410.84 lacs in FY22, respectively. From FY20 to FY22, EBITDA expanded at a CAGR of 93.47%. For FY22, the company’s EBITDA margin was 20.98%.

Objects of the Issue

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Funding the working capital requirements of the company
  2. General Corporate Purposes.

Financial Highlights (Consolidated)

ParticularsFY 2021-22FY 2020-21FY 2019-20
Net Worth488.76245.82172.30
Total Assets2096.901552.781105.74
Total Revenue1958.6014441381.25
Profit After Tax242.9473.5168.54
Total Borrowing580.94161.0517.83
(Amount in ₹ Lakhs)

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Anlon Technology Solutions IPO – Details

According to the DRHP filed in SEBI, the company is planning to raise about ₹ 15 crore through this public issue.

Issue TypeFixed Price Issue IPO
IPO Price₹ 95 to ₹ 100 per share
Face Value₹ 10 per share
Market Lot1,200 shares
Issue Size1,500,000 shares of ₹ 10 (Aggregating up to ₹ 15 Crore)
Fresh Issue1,500,000 shares of ₹ 10 (Aggregating up to ₹ 15 Crore)
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer or the Offer
Retail Shares OfferedNot less than 35% of the Offer
Listing AtNSE SME
Promoters1. Mr. Unnikrishnan Nair P M 
2. Mrs. Beena Unnikrishnan

GMP – Anlon Technology Solutions IPO

Anlon Technology Solutions IPO GMP or Grey Market Premium are available here. The IPO GMP Premium updated day by day for IPOs running period and the GMP rates fluctuate and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates – Anlon Technology Solutions IPO

Anlon Technology Solutions IPO opens on December 29 and closes on January 2, 2023.

Opening DateDecember 29, 2022
Closing DateJanuary 2, 2023
Basis of AllotmentJanuary 5, 2023
Initiation of RefundsJanuary 6, 2023
Credit of shares to Demat A/cJanuary 9, 2023
Listing DateJanuary 10, 2023

Lot Size – Anlon Technology Solutions IPO

The Anlon Technology Solutions IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lot i.e. 1,200 shares of ₹ 120,000.

ApplicationsLotsSharesAmount 
Retail (Minimum)11,200₹ 120,000
Retail (Maximum)11,200₹ 120,000
HNI (Minimum)142,400₹ 240,000

Anchor Investors – Anlon Technology Solutions IPO

A total of 1,500,000 shares are offered to Anchor investors. Anchor Investor lock-in period for 50% of equity shares is Dec 28, 2022 and May 11, 2023 for the remaining portion.

Anchor Investor Bid DateDecember 28, 2022
Anchor Portion Size₹ 15 crore (Shares offered * Upper Price)
Anchor lock-in period end date (50% Shares)Around February 6, 2023 (30 Days)
Anchor lock-in period end date (remaining shares)Around May 11, 2023 (90 Days)

Promoters Holdings – Anlon Technology Solutions IPO

Pre-issue Shares Holdings94.55%
Post-issue Shares Holdings

SWOT Analysis – Anlon Technology Solutions IPO

STRENGTHSWEAKNESSES
1. Strong technical team.
2. Good relations with suppliers 
3. Strengthening trust developed by and with Anlon in years.
4. Fulfilling other service gaps.
5. 24*7 Availability for customer service.
6. Regular technological upgradation.
7. After sales service and operation.
1. Extreme dependency on a limited number of suppliers.
2. Significant portion of revenue contributed by top 5 customers.
3. Outstanding tax related litigations.
OPPORTUNITIESTHREATS
1. The fire truck market is expected to grow rapidly as the population is rising and there is more need for construction of buildings and commercial areas such as airports. The need for fire fighting trucks is becoming more relevant. The imminent threat at oil refineries and airports to keep multi million dollars assets and human capital in safety, to reduce business costs and avoid unanticipated accidents, this industry will continue to grow.
1. A security breach could adversely affect company operations. 
2. Change in technology.
3. Competitions

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Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
IPO RHP
Company Contact InformationAnlon Technology Solutions Limited
Gala No. 12 & 13, Sahakar Industrial Estate
Plot No. 164/166 Vasai Road, East, Mumbai 401202
Phone: +91 80 41235861
Email: [email protected]
Website: http://www.anlon.com/
IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
IPO Lead Manager(s)GYR Capital Advisors Limited  

FAQ’s

One lot of Anlon Technology Solutions IPO contains 1,200 shares of ₹ 120,000.

The minimum investment size is one lot for retail investors.

The finalization of Basis of Allotment for Anlon Technology Solutions IPO will be done on January 5, 2023, and the allotted shares will be credited to your demat account by January 9, 2023. Check the Anlon Technology Solutions IPO allotment status.

The Anlon Technology Solutions IPO shares listing date is January 10, 2023.

The investors’ portion for QIB - 50%, NII (HNI) – 15%, and Retail – 35%.

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