| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹47.03 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹47.03 Cr |
| Fresh Issue | ₹44.68 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน29.00-31.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | CANARYS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Indorient Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares and in multiples thereof
Incorporated in 1991, Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence.
The company has two business verticals:
Canarys Automations' solutions span across various industry sectors, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance, and more.
The company has provided business applications to over 1000 customers. Besides India, the company has serviced customers from more than 10 countries. These include USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Srilanka and Indonesia. These customers come from diverse industries.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of expenditure relating to solutions development for digital transformation and water resources management solutions | 11.00 |
| 2 | Creation of new delivery centre including infrastructure thereof and upgrading existing facilities; | 8.94 |
| 3 | Funding working capital requirements of the Company | 15.00 |
| 4 | General corporate purposes | 6.09 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 63.78 | 47.54 | 20.03 |
| Total Income | 75.47 | 52.00 | 25.78 |
| Profit After Tax | 8.53 | 4.56 | 2.10 |
| NET Worth | 25.38 | 16.83 | 12.58 |
| Reserves and Surplus | 16.10 | 7.55 | 5.47 |
| Total Borrowing | 14.16 | 8.79 | |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| RoNW | 31.64% |
| PAT Margin | 11.44% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.92 | |
| P/E (x) | 15.82 | 20.39 |
| Promoter Holding | 77.49% | |
| Market Cap | โน174.17 Cr. | |