Precision Metaliks Limited IPO
NSE SME₹102,000 / 2000 Shares
Precision Metaliks Limited IPO Details
The Precision Metaliks Limited IPO price band is set between ₹51 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 19 Jan, 2022 and closes on 24 Jan, 2022. Investors can check the allotment status on 31 Jan, 2022, while the listing date is tentatively scheduled for 1 Feb, 2022.
The total issue size is 4,300,000 Eq Shares of ₹10, aggregating up to ₹21.93 Cr. Stay tuned for the latest Precision Metaliks Limited IPO review and GMP updates.
Precision Metaliks Limited IPO Review, Rating & Analysis
Precision Metaliks Limited IPO Review
NO REVIEWPrecision Metaliks Limited IPO Rating
Precision Metaliks Limited IPO Highlights
IPO Date
Jan 19, 2022 - Jan 24, 2022
Listing Date
1 Feb, 2022
Face Value
₹10 Per Equity Share
Price Band
₹51 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Precision Metaliks Limited IPO Lot Size
The minimum market lot for Precision Metaliks Limited IPO is 2000 shares with an application amount of ₹1,02,000. 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 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Precision Metaliks Limited IPO Timeline
Issue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
First Overseas Capital LimitedIssue Size
4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr)Precision Metaliks Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 21.47 | 49.24 | 1.49 | - | - | - |
| 31 Mar 20 | 13.67 | 22.17 | 0.82 | - | - | - |
| 31 Mar 19 | 3.02 | 0.55 | N/A | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Abhishek Business Pvt Ltd
- Jayanthi Roja Ramani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 79.70% | 58.62% |
About Company
Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.Automated cleaning of Aluminium chips + briquetting into Ingots.Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.
Precision Metaliks Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,042,000 | 2,042,000 | 4,084,000 |
Day 1 -19-01-22 05:30 PM | 0.15 x | 2.18 x | 1.16 x |
Day 2 -20-01-22 05:30 PM | 0.41 x | 4.31 x | 2.36 x |
Day 3 -21-01-22 05:30 PM | 0.49 x | 6.45 x | 3.47 x |
Day 4 -24-01-22 05:30 PM | 2.81 x | 11.90 x | 7.36 x |
Frequently Asked Questions about Precision Metaliks Limited IPO IPO
When will Precision Metaliks Limited IPO open for subscription?
The Precision Metaliks Limited IPO opens on 19 Jan, 2022 and closes on 24 Jan, 2022.
What is the investors portion for Precision Metaliks Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2042000.
How to apply for Precision Metaliks Limited IPO?
You can apply for Precision Metaliks 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 Precision Metaliks Limited IPO?
The issue size of Precision Metaliks Limited IPO is approx ₹4,300,000 Eq Shares of ₹10(aggregating up to ₹21.93 Cr) crores.
What is the price band of Precision Metaliks Limited IPO?
The price band for Precision Metaliks Limited IPO is ₹51 per equity share to ₹undefined.
What is the lot size of Precision Metaliks Limited IPO?
The minimum bid (lot size) for Precision Metaliks Limited IPO is N/A shares with an investment of approx ₹102,000 .
What is the allotment date of Precision Metaliks Limited IPO?
The allotment date for Precision Metaliks Limited IPO is 31 Jan, 2022.
What is the listing date of Precision Metaliks Limited IPO?
The listing date for Precision Metaliks Limited IPO is expected to be 1 Feb, 2022.
What is the GMP of Precision Metaliks Limited IPO?
The latest Grey Market Premium (GMP) for Precision Metaliks 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.