Abhishek Integrations IPO

Abhishek Integrations IPO Details

Spread the love

Abhishek Integrations IPO will open for subscription from 08 June 2021. the company aims for an issue size of ₹4.95 Cr through this fixed price issue IPO.

Also read: IPO List 2021: a complete list of IPOs in 2021

Abhishek Integrations Limited IPO

Incorporated in 2017, Abhishek Integrations Limited is a “Class A” Gujarat Governed contractor that is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. Initially, the company was engaged in the business of telecommunication and caballing work in BSNL but over the period, it has expanded its product portfolio, and now, it is full fledge engaged in developing, operating & maintenance of LT & HT Electrical and Mechanical work and its installation at the terminal building of airports, installing and maintenance of Fire fighting solutions, GLF/Airfield Lighting System, Substation including perimeter light fittings, and LT switch gears at Airports in India. The firm has currently 24 ongoing projects of Airport Authority of India (AAI) located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara.

Objects of the Issue

  • To meet incremental working capital requirements.
  • For general corporate purposes.
  • To meet public issue expenses.

Competitive strengths

  • More than 2 decades of experience in the industry.
  • High-quality and cost-effective project delivery capabilities.
  • Timely project execution.
  • Strong long-term relationship with clients.

IPO Timetable

IPO Open Date08 June 2021
IPO Close Date11 June 2021
Basis of Allotment Date16 June 2021
Initiation of Refunds17 June 2021
Credit of Shares to Demat Account17 June 2021
IPO Listing Date21 June 2021

IPO Details

Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹50 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME
Issue Size990,000 Eq Shares of ₹10
(aggregating up to ₹4.95 Cr)
Lot size3000 shares
Minimum application3000 shares
Maximum application3000 shares
Application amount₹150,000

Company Financials

ParticularsFor the year/period ended (₹ in lakh)
Total Assets362.2427.3714.42
Total Revenue235.5773.015.69
Profit After Tax11.8930.14

Company Promoters

  • Mr. Sanjay Narbada Dubey

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding67.12%

Lead manager

  • Beeline Broking Ltd

Abhishek Integrations IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: ail.ipo@linkintime.co.in

Company Contact Information

Abhishek Integrations Limited
Shop No. 8-Parulnagar Shopping Centre
Nr. Bhuyangdev Cross Road, Sola Road
Ghatlodia, Ahmedabad – 380061
Phone: 079- 27433369
Email: abhishekintegrationslimited@gmail.com

Final thoughts

Abhishek Integrations IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing

Spread the love

1 thought on “Abhishek Integrations IPO Details”

  1. Pingback: IPO List 2021: a complete list of IPOs in 2021 - finvestfox.com

Leave a Comment

Your email address will not be published. Required fields are marked *