| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹18.24 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹18.24 Cr |
| Fresh Issue | ₹17.28 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน80.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ISHAN |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | First Overseas Capital 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: 1,600 shares and in multiples thereof
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.
Competitive Strengths :
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the Proposed Joint Venture and/or Acquisition | 3.50 |
| 2 | To meet the Working Capital requirements | 10.00 |
| 3 | General Corporate Expenses | 2.80 |
| 4 | To meet the expenses of the Issue | 1.94 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 21.69 | 14.53 | 17.04 | 15.31 |
| Total Income | 21.74 | 22.71 | 22.73 | 27.08 |
| Profit After Tax | 1.27 | 0.15 | 0.28 | 0.40 |
| NET Worth | 6.20 | 4.96 | 4.81 | 4.53 |
| Reserves and Surplus | 1.27 | 3.63 | 3.47 | 3.19 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 21% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.58 | |
| P/E (x) | 38.09 | |
| Promoter Holding | 99.61% | 65.21% |
| Market Cap | โน57.66 Cr. | |