Containe Technologies Ltd
BSE SME₹120,000 / 8000 Shares
IPO Details
Containe Technologies Ltd IPO is priced between ₹15 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Cameo Corporate Services Limited is managing the issue as the registrar.
The IPO bidding period opened on 20 Sep, 2022, and closed on 22 Sep, 2022. The allotment results will be announced on 27 Sep, 2022, with a tentative listing date set for 30 Sep, 2022.
The total issue comprises 1,744,000 shares of ₹10, amounting to ₹2.62 Cr.
Containe Technologies Ltd IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Sep 20, 2022 - Sep 22, 2022 | 30 Sep, 2022 | ₹10 Per Equity Share | ₹15 per equity share | - | Shares | - | BSE SME |
Containe Technologies Ltd IPO Timeline
Issue Price
₹15 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedMarket Lot
8000 Shares (₹120,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
1,744,000 shares of ₹10(aggregating up to ₹2.62 Cr)Retail Portion
N/ASubscription
121.31 timesContaine Technologies Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 800.4 | 206.98 | 4.34 | - | - | - |
| 31 Mar 21 | 720.73 | 60.43 | 0.66 | - | - | - |
| 31 Mar 20 | 625.5 | 292.29 | 5.39 | - | - | - |
All values are in ₹ Lakh
About Company
Incorporated in 2008, Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies Limited is an ISO 9001:2015 certified organization engaged in the business of Design, Development, Manufacturing, Supply & Service of Electronic Speed Limiting Devices and GSM/GPRS/GPS/IRNSS based Communication & Controlling Vehicle Location Tracking Devices, Marketing & Sales of IoT Devices & Lithium Ion Battery Operated 2- wheeler & 3-wheeler Auto Rickshaw.
The company is manufacturing electronic Speed Limiting Device (SLD), MOTOREYE & LIMITS Brand Electronic Fuel Regulator & Pedal Interface, suitable for the latest Vehicle of BS-IV Standards to the Oldest Vehicles.
Containe Technologies Limited have one manufacturing unit at Marriguda, Secunderabad, Hyderabad. The company's products are mainly sold through distributors and dealers.
Containe Technologies Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 832,000 | 832,000 | 1,656,000 |
| Day 1 - 20-09-22 06:00 PM | 0.34 x | 1.90 x | 1.13 x |
| Day 2 - 21-09-22 06:00 PM | 8.29 x | 4.47 x | 6.41 x |
| Day 3 - 22-09-22 06:00 PM | 152.77 x | 86.33 x | 121.31 x |
Containe Technologies Ltd IPO - Issue Objectives
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes