Finelistings Technologies IPO Details ( Finelistings Technologies Limited IPO Review )
(7 May 2024 – 9 May 2024)
Established in 2018, Finelistings Technologies Limited dabbles in two main ventures: (a) selling pre-owned luxury cars and (b) providing software development services.
- Pre-owned luxury car retail: In this area, the company sells fancy used cars with an average price tag of ₹40.00 lakhs. These include fancy sedans, SUVs, sports cars, and convertibles. Besides just selling, they also provide repair services through partnered centers. They also assist customers in securing financial aid from external lenders. The first showroom, branded under Finecars, was opened in August 2022 at Ambience Mall, Vasant Kunj, NCR.
- Software development services: In this field, the company offers various cloud-based and IT consulting services. These include big data analytics, cloud architecture, data engineering, and IoT solutions. They also provide business intelligence analytics, cloud and data management solutions, digital transformation services, and web development.
As of October 31, 2023, the company had a staff of 5 employees.
Finelistings Technologies Limited IPO Competitive Strength
- Diversified business offerings
- Brands and Customer Experience Driving Powerful Network Effects
- Quality assurance
- Experienced Promoters and management team
Finelistings Technologies IPO Financials Performance ( Results )
Finelistings Technologies Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves |
| 31-Mar-21 | 59.69 | 146.43 | -17.26 | 56.24 | 55.12 |
| 31-Mar-22 | 154.33 | 694.32 | -8.33 | 47.91 | 46.79 |
| 31-Mar-23 | 1,015.99 | 1,390.62 | 178.92 | 351.83 | 98.21 |
| 31-Jul-23 | 1,002.96 | 743.61 | 123.20 | 475.03 | 221.41 |
Objective of Finelistings Technologies IPO Issue
- Purchase of Software;
- To meet working capital requirements; and
- General Corporate Purpose.
Finelistings Technologies IPO Basic Details
| IPO Date | May 7, 2024 to May 9, 2024 |
| Listing Date | Tuesday, May 14, 2024 |
| Face Value | ₹10 per share |
| Price | ₹123 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,100,000 shares of ₹10 (aggregating up to ₹13.53 Cr) |
| Fresh Issue | 1,100,000 shares of ₹10 (aggregating up to ₹13.53 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,536,250 |
| Share holding post issue | 3,636,250 |
| Company Promoters | Aneesh Mathur and Arjun Singh Rajput |
Finelistings Technologies IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Finelistings IPO Timetable
Finelistings IPO will open on May 7, 2024 and close on May 9, 2024. You can join Finelistings IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 7 May 2024 (Tuesday) |
| Closing Date | 9 May 2024 (Thursday) |
| Basis of Allotment | 10 May 2024 (Friday) |
| Initiation of Refunds | 13 May 2024 (Monday) |
| Credit of Shares to Demat | 13 May 2024 (Monday) |
| Listing Date | 14 May 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 7 May 2024 |
Finelistings Technologies IPO Lot Size
For retail investors in Finelistings Technologies IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹123,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹123,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹123,000 |
| Retail (Max) | 1 | 1000 | ₹123,000 |
| S-HNI (Min) | 2 | 1000 | ₹246,000 |
Finelistings Technologies IPO Promoter Holding
The company’s promoters include Aneesh Mathur and Arjun Singh Rajput.
| Pre Issue Share Holding | 71.65% |
| Post Issue Share Holding |
Finelistings Technologies Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 44.73 |
| Earning Per Share (EPS) | ₹8.78 per Equity Share |
| Net Asset Value (NAV) | ₹13.87 per Equity Share |
| P/E Ratio (P/E) (x) | 17.44 |
| Post P/E Ratio (P/E) (x) | 12.10 |
| Return on Net Worth (RoNW) (%) | 44.05 |
| Return on equity (ROE) (%) | 43.16 |
| Return on Capital Employed (ROCE) (%) | 21.73 |
| Price/Book Value Ratio | 8.87 |
Finelistings Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹20 | – | – |
| 4 May 2024 | ₹20 | – | – |
Finelistings Technologies IPO Detail Video:
Finelistings Technologies IPO Subscription Status (Bidding Detail)
The Finelistings Technologies IPO on May 9, 2024 at 7:02:00 PM was subscribed 37.44 times, with the retail category being subscribed 38.96 times, the other category being subscribed 29.85 times.
| Category | Subscription |
| Other | 29.85x |
| Retail | 38.96x |
| Total | 37.44x |
Finelistings Technologies IPO Prospectus
| Finelistings Technologies IPO DRHP | Download |
| Finelistings Technologies IPO RHP | Download |
| Finelistings Technologies IPO Anchor Investors Details PDF | Download |
Finelistings Technologies IPO Rating
| Our Rating | 2.0/5.0 |
Finelistings Technologies Company Contact Information
Finelistings Technologies Limited
Corporate Identification Number: U74999DL2018PLC331504
Registered Office: G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi – 110070, India.
Tel No.: +91 93551 11911
Email Id: cs@finelistings.com
Website: https://www.finecars.co.in/
Contact Person: Tej Bharatkumar Hanj, Company Secretary & Compliance Officer
The Promoters of Our Company Are Aneesh Mathur and Arjun Singh Rajput
Finelistings Technologies IPO Registrar
Skyline Financial Services Private Limited
Registered Office: D-153, A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi – 110020, Delhi, India
Tel No: 011-40450193-97
Fax No: 011:26812682
E-mail Id: ipo@skylinerta.com
Website: www.skylinerta.com
Contact Person: Anuj Kumar
SEBI Registration No: INR000003241
Investor Grievance Email: grievances@skylinerta.com
Finelistings Technologies IPO Lead Manager
Fedex Securities Private Limited
Registered Office:B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East], Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: mb@fedsec.in
Finelistings Technologies IPO FAQs
What is the lot size of Finelistings Technologies IPO?
The total size of Finelistings Technologies IPO is ₹13.53 crores and this is a complete fresh Issue.
When will Finelistings Technologies IPO start?
Finelistings Technologies IPO will open from 7 May 2024 and IPO will close on 9 May 2024.
What is the open date of Finelistings Technologies IPO?
Finelistings Technologies IPO will open date from 7 May 2024.
What is the last date ( close date ) of Finelistings Technologies IPO?
Finelistings Technologies IPO will close from 9 May 2024.
What is the price band of Finelistings Technologies IPO?
Finelistings Technologies IPO price band is ₹123.
What is the minimum amount required to apply for Finelistings Technologies IPO?
The minimum investment for retailers to apply for Finelistings Technologies IPO is ₹123,000 and the maximum investment is ₹123,000.
What is going on gray market premium of Finelistings Technologies IPO?
View gray market premium of Finelistings Technologies IPO by Clicking Here
How much is the GMP of Finelistings Technologies IPO?
Watch Finelistings Technologies IPO GMP Today: Click Here
What is the allotment date of Finelistings Technologies IPO?
The allotment date of Finelistings Technologies IPO is 10 May 2024.
How to check allotment status in Finelistings Technologies IPO?
To check the allotment status of Finelistings Technologies IPO, first of all go to the registrar website by clicking here, select your bad Finelistings Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Finelistings Technologies IPO?
The listing date of Finelistings Technologies IPO is 14 May 2024.
How much will be the listing gain in Finelistings Technologies IPO?
View listing gain of Finelistings Technologies IPO by Clicking Here
How much time Finelistings Technologies IPO is subscribed?
Total 37.44 times subscribed in Finelistings Technologies IPO out of which 38.96 times subscription was done in retail quota and 29.85 times subscription in other quota.
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