IPO

Anlon Technology IPO: GMP, Date, Price, Review, and Allotment

 

Anlon Technology IPO

GMP, Date, Price, Review, and Allotment

 

Anlon Technology Solutions Limited was founded in 2015 and operates primarily as an engineering services provider. Company services include engineering for engineering systems based on automobile chassis and adjacent fields, with a focus on airports, skyscrapers, and refineries.

Airport rescue and fire fighting vehicles; high-rise building rescue, evacuation, and fire fighting equipment; industrial fire engines; runway rubber removal and paint removal machines; runway sweeping and bay cleaning; disabled aircraft recovery kit (DARK); supply of airport interior components; these are just some of the services offered by this company.

The company is being split in two main parts:

  1. First and foremost, engineering services include commissions earned from equipment sales, trading in spare parts, and servicing and maintenance of existing machinery.
  2. In addition to providing design, fabrication, and installation services, we also offer after-sale service and repair for the goods we offer.
  3. The company recorded total revenues of Rs 1,381.25 lacs in FY20, Rs 1,444.00 lacs in FY21, and Rs 1,958.60 lacs in FY22.
  4. The company has customers all throughout India, including in major urban centres such as Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore, and Chennai.

Defensible Points in the Market

  • Competent leadership and capable technical staff.
  • Building on the years of trust established with Anlon.
  • Closing the service gaps that exist.
  • Help for customers is available around-the-clock.
  • The constant improvement of technology.
  • Maintenance and support following a purchase.

Anlon Technology Solutions IPO Date & Price Band Details

IPO Open: December 29, 2022
IPO Close: January 2, 2023
IPO Size: Approx ₹15.00 Crores, 1,500,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹100 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the net offer
QIB Quota: 50% of the net offer
NII Quota: 15% of the net offer

Also, Check a Review of Rex Sealing IPO.

Anchor Investors Join IPO of Anlon Technology Solutions

Anchor investor bids for the Anlon Technology Solutions IPO ended on December 28, 2022. Anchor investors can choose from a total of 426,000 shares. Anchor Investor Lock-in Period for Anlon Technology Solutions IPO is February 16, 2023, for 50% of equity shares and May 11, 2023, for the rest.

Date of the Anchor Investor Bid: December 28, 2022
The size of the anchor portion is Rs. 4.26 crore (shares sold times the highest price).
Anchor lock-in period end date: Around Feb. 16, 2023, for 50% of the shares (30 Days)
Anchor lock-in period end date (for the remaining shares): Around May 11, 2023 (90 Days)

Company Financials

Anlon Technology Solutions Limited Financial Information (Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 1105.74 1381.25 68.54 172.3 171.3 17.83
31-Mar-21 1552.78 1444 73.51 245.82 244.82 161.05
31-Mar-22 2096.9 1958.6 242.94 488.76 487.76 580.94
30-Sep-22 2041.97 1341.96 239.2 822.96 412.46 557.87
Amount in ₹ Lakhs

 

Also, Check a Review of Rex Sealing IPO.

IPO Market Lot Anlon Technology Solutions

The minimum market lot for the Anlon Technology Solutions IPO is 1200 shares, and the minimum application amount is 120,000.

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹120,000
Retail Maximum 1 1200 ₹120,000
S-HNI Minimum 2 2400 ₹240,000

 

IPO Market Lot Anlon Technology Solutions

The minimum market lot for the Anlon Technology Solutions IPO is 1200 shares, and the minimum application amount is 120,000.

IPO Open Date: December 29, 2022
IPO Close Date: January 2, 2023
Basis of Allotment: January 5, 2023
Refunds: January 6, 2023
Credit to Demat Account: January 9, 2023
IPO Listing Date: January 10, 2023

Anlon Technology Solutions IPO Tentative Timetable

Anlon Technology Solutions IPO opens on Dec 29, 2022, and closes on Jan 2, 2023. The Anlon Technology Solutions IPO bid date is from Dec 29, 2022 10.00 A.M. to Jan 2, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 29, 2022
Closing Date Jan 2, 2023
Basis of Allotment Jan 5, 2023
Initiation of Refunds Jan 6, 2023
Credit of Shares to Demat Jan 9, 2023
Listing Date Jan 10, 2023

The size of the Anlon Technology Solutions IPO lot

The number of shares in an IPO lot for Anlon Technology Solutions is 1200. A retail investor can apply for up to 1 lot, which is equal to 1200 shares or 120,000.

Application Lots Shares Amount
Retail (Min) 1 1200 ₹120,000
Retail (Max) 1 1200 ₹120,000
HNI (Min) 2 2,400 ₹240,000

Anlon Technology Solutions IPO Promoter Holding

Pre Issue Share Holding 94.55%
Post Issue Share Holding

Also, Check a Review of Rex Sealing IPO.

 

Company Contact Information

Anlon Technology Solutions Limited
Gala No. 12 & 13, Sahakar Industrial Estate
Plot No. 164/166 Vasai Road, East,
Mumbai 401202
Phone: +91 80 41235861
Email: office.anlon@anlon.co.in
Website: https://www.anlon.co/

FAQs about Anlon Technology Solutions’ IPO

Q: What is the IPO of Anlon Technology Solutions?
An NSE SME IPO is what the Anlon Technology Solutions IPO is. They will get 15.00 Crores through an IPO. The price of each equity share is 100 yen. The IPO will be on the NSE.

Q: When will the IPO for Anlon Technology Solutions start?
On December 29, 2022, QIB, NII, and retail investors will be able to buy shares in the IPO.

Q: What is the Investors Portion of the Anlon Technology Solutions IPO?
For QIB, the investors’ share is 50%, for NII it’s 15%, and for Retail, it’s 35%.

Q: How to Use the IPO from Anlon Technology Solutions?
You can use your bank account to apply online for the Anlon Technology Solutions IPO through ASBA. Your stock brokers can also help you apply for ASBA online through UPI. You can also fill out the offline form and send it to your stock broker.

Q: How to Apply for the IPO through Zerodha for Anlon Technology Solutions?
Sign in to the Console on the website or in the app. Click on IPO in the Portfolio. You will see “Anlon Technology Solutions” as the name of the IPO. Click the “Offer” button. Type in your UPI ID, the amount, and the price. Send in Form IPO Application. Now, you can approve the mandate by going to your UPI app on Net Banking or your BHIM app.

 

 

Suraj Borade

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