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Presstonic Engineering SME IPO Details 2023

SME IPO Status: Listed [11th Dec 2023 to 13th Dec 2023]

Rated 3/5 by Team InvestorGain
Presstonic Engineering SME IPO Detail

Presstonic Engineering IPO, a SME IPO of ₹23.30 Cr was launced on 11-12-2023 to 13-12-2023 and the shares got listed on NSE SME on 18-12-2023.

The public issue of Presstonic Engineering IPO (PRESSTONIC) was offered at ₹72.00 per share and the ipo was listed at ₹140.00. It has delivered listing gain of 94.44%.

As the minimum lot size was 1600 shares, the IPO has offered Rs 108800 per lot return on listing.

Presstonic Engineering SME IPO Details

SME IPO Issue Opening Date: 11th Dec 2023
SME IPO Issue Closing Date: 13th Dec 2023
SME IPO Issue Price: ₹72.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: NSE SME
Retail Quota: 50% of the Net issue
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹23.30 Cr
Fresh Issue: ₹23.30 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 99.97%
Promoter Holding Post IPO: 57.99%
Allotment Status: Allotment Status
NSE Code: PRESSTONIC

Presstonic Engineering SME IPO Important Dates

Get important updates regarding Presstonic Engineering SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Presstonic Engineering SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 14th Dec 2023
Refunds Initiation* 15th Dec 2023
Credit of Shares to Demat* 15th Dec 2023
SME IPO Listing Date* 18th Dec 2023

* - Tentative Dates

Presstonic Engineering SME IPO Lots

SME IPO Activity Date
Issue Price ₹72.00
Market Lot: 1600 Shares
1 Lot Amount: ₹115200
Min HNI Lots: 3200 shares (2 lots)

Presstonic Engineering IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
18-12-202372.007287600₹144 (100%)18-Dec-2023 9:56
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Presstonic Engineering

Presstonic Engineering manufactures is engaged in the manufacturing of Rail and Metro Rail Rolling stock and signaling equipment manufacturing and servicing.

Its product portfolio includes Metro Rail Rolling Stock Products, Metro Rail Signaling Products, and Infrastructure products. The company supplies its products to both the domestic and global OEMs.

The manufacturing facility is situated across 28,317.50 sq ft in Bangalore, Karnataka.

Presstonic Engineering SME IPO Strengths

  • Organizational stability along with management expertise
  • Smooth flow of operations and focus on R&D
  • Well-established manufacturing facility to design multiple products
  • Quality assurance and accreditations
Incorporation Sector IPO Issue Size Website
1996 Manufacturing ₹23.30 Cr https://presstonic.com/

Presstonic Engineering SME IPO Objective

The Objects of the Issue are:

  1. Funding Capital Expenditure towards the purchase of additional plant and machinery
  2. Prepayment in full of certain borrowings availed by the Company
  3. To meet the Working Capital Requirements
  4. To meet the Issue Expenses
  5. General Corporate Purposes.

Our experts can help you prepare for SME IPO

Presstonic Engineering SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 1,537,600 Shares
  • Retail Individual Investor: 1,536,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered1,537,600 (50.03%)1,536,000 (49.97%)3,073,600
111th Dec 2023 19:315.89x27.86x16.88x
212th Dec 2023 19:3121.73x78.16x49.96x
313th Dec 2023 19:31133.56x188.94x168.25x

Presstonic Engineering Limited Financial Information (Restated)

Presstonic Engineering Limited's revenue increased by 66.11% and profit after tax (PAT) rose by 1721.76% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,850.692,737.682,496.712,386.97
Revenue1,431.672,113.271,272.21769.44
Profit After Tax152.21256.1414.06-16.94
Net Worth645.57493.36237.22223.16
Reserves and Surplus198.50269.8313.69-0.37
Total Borrowing1,536.971,645.271,797.081,774.95
Amount in ₹ Lakhs

Company Address

Presstonic Engineering Limited
Sy. No. 2, Khatha No. 145, Hoysala Main Road,
Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam,
Bangalore,
North Bangalore ,Karnataka-560 091
India
Website: https://presstonic.com/
Phone: +91 80 23480001
Email: [email protected]

Presstonic Engineering SME IPO Registrar

Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Website: https://ipo.cameoindia.com/
Phone: +91-44-28460390
Email: [email protected]

Presstonic Engineering SME IPO Lead Manager

Presstonic Engineering SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Presstonic Engineering? Should I apply in Presstonic Engineering SME IPO?

Last Updated on 22-Dec-2023 06:02:43

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Presstonic Engineering SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Presstonic Engineering SME IPO with Zerodha.

Alternate approch to apply in Presstonic Engineering SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Presstonic Engineering SME IPO Review and Important Updates

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Apply in Presstonic Engineering SME IPO online

To subscribe or apply in Presstonic Engineering SME IPO, you can use the following methods:

MethodDetails
Presstonic Engineering SME IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Presstonic Engineering SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Presstonic Engineering SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Presstonic Engineering SME IPO. Most of the Syndicate Banks provide access to apply in Presstonic Engineering IPO via ASBA process. You must have your net banking access, DP ID information to apply in Presstonic Engineering SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Presstonic Engineering SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Presstonic Engineering SME IPO Review and Important Updates

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Presstonic Engineering SME IPO Application is not yet available.

 

Presstonic Engineering SME IPO is going to be list on 18-12-2023. NSE Code for Presstonic Engineering is PRESSTONIC.

Other relevant questions:

When Presstonic Engineering SME IPO will be listing? Presstonic Engineering SME IPO NSE listing date?Presstonic Engineering SME IPO date of listing

 

Presstonic Engineering SME IPO Allotment Date is 14-12-2023.

Other relevant questions:

Presstonic Engineering SME IPO share allotment date?Presstonic Engineering SME IPO allotment date?

 


User Reviews

4. Rahul Hooda Dec 06 2023 10:02:55 PM Reply
Presstonic Engineering SME IPO expected listing gain.
3. HIMANSHU VERMA Dec 06 2023 10:02:55 PM Reply
Please confirm Presstonic Engineering SME IPO GMP (grey market premium) and kostak.
2. PARESHBHAI PRAVINBHAI VALA Dec 06 2023 10:02:55 PM Reply
Presstonic Engineering SME IPO good or bad.
1. Shajahan  Dec 06 2023 10:02:55 PM Reply
Presstonic Engineering SME IPO whether to invest or not.