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;
- Mobile Fire Fighting, Rescue and Evacuation Equipment and allied services:
- 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:
- Funding the working capital requirements of the company
- General Corporate Purposes.
Financial Highlights (Consolidated)
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Net Worth | 488.76 | 245.82 | 172.30 |
| Total Assets | 2096.90 | 1552.78 | 1105.74 |
| Total Revenue | 1958.60 | 1444 | 1381.25 |
| Profit After Tax | 242.94 | 73.51 | 68.54 |
| Total Borrowing | 580.94 | 161.05 | 17.83 |
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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 Type | Fixed Price Issue IPO |
| IPO Price | ₹ 95 to ₹ 100 per share |
| Face Value | ₹ 10 per share |
| Market Lot | 1,200 shares |
| Issue Size | 1,500,000 shares of ₹ 10 (Aggregating up to ₹ 15 Crore) |
| Fresh Issue | 1,500,000 shares of ₹ 10 (Aggregating up to ₹ 15 Crore) |
| QIB Shares Offered | Not more than 50% of the Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Offer or the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| Listing At | NSE SME |
| Promoters | 1. 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 Date | December 29, 2022 |
| Closing Date | January 2, 2023 |
| Basis of Allotment | January 5, 2023 |
| Initiation of Refunds | January 6, 2023 |
| Credit of shares to Demat A/c | January 9, 2023 |
| Listing Date | January 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.
| Applications | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1,200 | ₹ 120,000 |
| Retail (Maximum) | 1 | 1,200 | ₹ 120,000 |
| HNI (Minimum) | 14 | 2,400 | ₹ 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 Date | December 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 Holdings | 94.55% |
| Post-issue Shares Holdings | – |
SWOT Analysis – Anlon Technology Solutions IPO
| STRENGTHS | WEAKNESSES |
|---|---|
| 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. |
| OPPORTUNITIES | THREATS |
| 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 Information | Anlon Technology Solutions Limited Gala No. 12 & 13, Sahakar Industrial Estate Plot No. 164/166 Vasai Road, East, Mumbai 401202 Phone: +91 80 41235861 Email: office.anlon@anlon.co.in Website: http://www.anlon.com/ |
| IPO Registrar | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: atsl.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
| IPO Lead Manager(s) | GYR Capital Advisors Limited |
FAQ’s
What will be the Anlon Technology Solutions IPO lot size?
One lot of Anlon Technology Solutions IPO contains 1,200 shares of ₹ 120,000.
What minimum lot size can retail investors subscribe to?
The minimum investment size is one lot for retail investors.
When will Anlon Technology Solutions IPO allotment be available?
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.
When will Anlon Technology Solutions IPO list on exchanges?
The Anlon Technology Solutions IPO shares listing date is January 10, 2023.
How many shares in Anlon Technology Solutions IPO Offer are reserved for HNIs and retail investors?
The investors’ portion for QIB - 50%, NII (HNI) – 15%, and Retail – 35%.
