Precision Metaliks Limited IPO Review
The firm is involved in the trade and production of semi-finished aluminum alloy wheels. Cleaning, washing, buffing, polishing, testing, and packaging are among them. Its manufacturing facility is located in the Visakhapatnam Special Economic Zone, Duvvada, Andhra Pradesh. The following are the company’s main goods and services: value-added alloy wheel services, automated cleaning of aluminium chips plus briquetting into ingots, robotic alloy wheel polishing, and other engineering services.
The following is a synopsis of its clients, who account for nearly all of its revenue:
1. India’s Synergies Castings Limited (SCL): SCL is a company that operates as an EOU unit in the Visakhapatnam SEZ with a manufacturing plant covering an area of 100,000 square metres. It is India’s top non-ferrous component manufacturer, producing four-wheeler alloy wheels, aluminium castings, and plastic components for domestic and foreign automakers.
2. Silver MetalX INC (SMX): SMX is a firm established in the United States that supplies aluminium wheels and chrome plated wheels to OEMs and aftermarkets in the United States.
Subscription Dates | 19 – 24 January 2022 |
Price Band | INR 51 per share |
Fresh issue | 43,00,000 shares (INR 21.93 crore) |
Offer For Sale | Nil |
Total IPO size | 43,00,000 shares (INR 21.93 crore) |
Minimum bid (lot size) | 2,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE EMERGE |
| FY2019 | FY2020 |
Revenue | 5.28 | 2,217.96 |
Expenses | 4.09 | 2,129.61 |
Net income | 0.46 | 82.39 |
| FY2021 | H1 FY2022 |
Revenue | 4,924.13 | 4,813.35 |
Expenses | 4,759.53 | 4,547.73 |
Net income | 149.35 | 214.57 |
Earnings Per Share (EPS): INR 3.58
Price/Earnings (PE ratio): 14.24
Return on Net Worth (RONW): 12.26%
Net Asset Value (NAV): INR14.64 per share
Listing Performance of Precision Metaliks Limited IPO
Listed On : Feb 2, 2022
Issue Price : NA
Listing Day Close : NA
Listing Day Gain : NA
NSE : NA
ISIN CODE : INE0HKW01018
BSE :NA
Dilip Davda – May Apply
IPO Opening Date | 19 January 2022 |
IPO Closing Date | 24 January 2022 |
Finalisation of Basis of Allotment | 28 January 2022 |
Initiation of refunds | 31 January 2022 |
Transfer of shares to demat accounts | 1 February 2022 |
Listing Date | 2 February 2022 |
Opening Price on NSE | Coming soon |
Closing Price on NSE | Coming soon |
Precision Metaliks Private Limited
9-19-43, Suryadev Apartments,
Flat – 202, CBM Compound,
Visakhapatnam – 530003,
Andhra Pradesh, India
Phone: +91 891 4884132
Email: cs@precision-metaliks.com
Website: www.precision-metaliks.com
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra, India
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Updated Soon.
Precision Metaliks Limited IPO FAQ's
The Precision Metaliks Limited IPO is a BSE NSE IPO of ₹51 per equity share with a face value of 10 per equity share.
The issue size is priced at 4,300,000 equity shares of ₹10 (aggregating up to ₹21.93 Crore). The fresh issue size priced at [.] equity shares of ₹10( aggregating up to ₹[.] Crore).
The initial public offering (IPO) begins on Jan 19, 2022 and ends on Jan 24, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Precision Metaliks Limited IPO opens on Jan 19, 2022 and closes on Jan 24, 2022. The IPO Issue date may list on Feb 2, 2022.
Precision Metaliks Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalisation of Basis of Allotment for Precision Metaliks Limited IPO will be done on Jan 28, 2022. and the allotted shares will be credited to your demat account by Feb 1, 2022. Check the Precision Metaliks Limited IPO status.
The Precision Metaliks Limited IPO listing date is on Feb 2, 2022.
Precision Metaliks Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Precision Metaliks Limited IPO Comments
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