
Ishan International Limited
NSE SME₹128,000 / 1600 Shares
Ishan International Limited IPO Details
The Ishan International Limited IPO price band is set between ₹80 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Sep, 2022 and closes on 14 Sep, 2022. Investors can check the allotment status on 19 Sep, 2022, while the listing date is tentatively scheduled for 22 Sep, 2022.
The total issue size is 2,280,000 shares of ₹10, aggregating up to ₹18.24 Cr. Stay tuned for the latest Ishan International Limited IPO review and GMP updates.
Ishan International Limited IPO Review, Rating & Analysis
Ishan International Limited IPO Review
NO REVIEWIshan International Limited IPO Rating
Ishan International Limited IPO Highlights
IPO Date
Sep 9, 2022 - Sep 14, 2022
Listing Date
22 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹80 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Ishan International Limited IPO Lot Size
The minimum market lot for Ishan International Limited IPO is 1600 shares with an application amount of ₹1,28,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,28,000 |
| Retail (Max) | 1 | 1600 | ₹1,28,000 |
| S-HNI (Min) | 2 | 3200 | ₹2,56,000 |
| S-HNI (Max) | 7 | 11200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12800 | ₹10,24,000 |
Ishan International Limited IPO Timeline
Issue Price
₹80 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
KFin Technologies LimitedLead Manager
First Overseas Capital LimitedIssue Size
2,280,000 shares of ₹10(aggregating up to ₹18.24 Cr)Ishan International Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 19 | 1530.53 | 2708.4 | 39.62 | - | - | - |
| 31 Mar 20 | 1704.15 | 2272.56 | 28.42 | - | - | - |
| 31 Mar 21 | 1452.52 | 2271.2 | 15.05 | - | - | - |
| 31 Mar 22 | 1854.78 | 1752.1 | 120.73 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Shantanu Srivastava
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.61% | 65.21% |
About Company
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals and Pollution Control Systems.
The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal RRobina CorporationC Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT.
Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in the process). The company's core strength Quality Management System in place under ISO 9001: 2015.
Ishan International Limited's products include ESPs, Jaggery Plant and Equipment, Cane Crushing Equipment, Mill Cheeks, Gear Boxes, Rope Couplings, Ropeless Couplings, Square Couplings, Automation Equipment, Complete Rollers, Bare Shells, Hammers Tips, Shafts, Juice Rings, Fibrizer, AC Motor for 1500KW Mill Drive with Accessories, Grooving Tools, Tableting machines, Powder filling lines, Liquid filling lines, Lab equipment, Sterilizing tunnels, Washing machines, AHUs, Filters, Distillation units, Automatic High-Speed Labeling Machine, Tablet Dissolution Test Apparatus, Pure Steam Generator, among other.
Ishan International Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,080,000 | 1,080,000 | 2,160,000 |
Day 1 -09-09-22 06:00 PM | 0.00 x | 0.16 x | 0.08 x |
Day 2 -12-09-22 06:00 PM | 0.04 x | 0.51 x | 0.27 x |
Day 3 -13-09-22 06:00 PM | 0.17 x | 0.83 x | 0.50 x |
Day 4 -14-09-22 06:00 PM | 1.60 x | 1.65 x | 1.62 x |
Frequently Asked Questions about Ishan International Limited IPO
When will Ishan International Limited IPO open for subscription?
The Ishan International Limited IPO opens on 9 Sep, 2022 and closes on 14 Sep, 2022.
What is the investors portion for Ishan International Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1080000.
How to apply for Ishan International Limited IPO?
You can apply for Ishan International Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ishan International Limited IPO?
The issue size of Ishan International Limited IPO is approx ₹2,280,000 shares of ₹10(aggregating up to ₹18.24 Cr) crores.
What is the price band of Ishan International Limited IPO?
The price band for Ishan International Limited IPO is ₹80 per equity share to ₹undefined.
What is the lot size of Ishan International Limited IPO?
The minimum bid (lot size) for Ishan International Limited IPO is N/A shares with an investment of approx ₹128,000 .
What is the allotment date of Ishan International Limited IPO?
The allotment date for Ishan International Limited IPO is 19 Sep, 2022.
What is the listing date of Ishan International Limited IPO?
The listing date for Ishan International Limited IPO is expected to be 22 Sep, 2022.
What is the GMP of Ishan International Limited IPO?
The latest Grey Market Premium (GMP) for Ishan International Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
