| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹13.53 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹13.53 Cr |
| Fresh Issue | ₹12.82 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน123.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544173 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Fedex Securities Pvt.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: 1,000 shares and in multiples thereof
Incorporated in 2018, Finelistings Technologies Limited is engaged in various businesses, namely (a) retail of used luxury cars and (b) software development services.
1. Retail used luxury cars: In this segment, the Company sells used premium and high-end luxury vehicles with an average selling price of โน 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. The company offers after-sales services and repairs through affiliated service centers. The company also helps its customers get financial support from third-party financiers. The company commenced operations and opened its first showroom under the Finecars brand "in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR).
2. Software development services: Under this framework, the company offers cloud-based services, IT consulting services such as big data analytics, cloud architecture, data engineering, IoT solutions, and solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.
As at October 31, 2023, the company had a total of 5 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Purchase of Software | 5.00 |
| 2 | To meet working capital requirements | 5.00 |
| 3 | General corporate purposes | 2.43 |
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9.69 | 10.16 | 1.54 | 0.60 |
| Total Income | 13.60 | 13.91 | 6.94 | 1.46 |
| Profit After Tax | 2.77 | 1.79 | -0.08 | -0.17 |
| NET Worth | 6.19 | 3.52 | 0.48 | 0.56 |
| Reserves and Surplus | 3.75 | 0.98 | 0.47 | 0.55 |
| Amount in ₹ Crore | ||||
| KPI | Feb 29, 2024 |
|---|---|
| ROE | 43.16% |
| ROCE | 21.73% |
| RoNW | 44.05% |
| PAT Margin | 19.65% |
| Price to Book Value | 8.87 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.05 | 8.31 |
| P/E (x) | 17.44 | 14.8 |
| Promoter Holding | 71.65% | 49.98% |
| Market Cap | โน44.73 Cr. | |