Presstonic Engineering IPO Details ( Presstonic Engineering Limited IPO Review )
(11 Dec 2023 – 13 Dec 2023)
Presstonic Engineering Limited started its journey in 1996. We specialize in making products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure. Our range includes various items like Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels for Rolling Stock Interiors. Additionally, we produce IP-rated enclosures, beacon mounting brackets, ballastless support brackets, DCS masts, ladder assemblies with DCS mast platforms, Steel Structures, Aluminum Murals, Support Structures for Solar Panels, Wire Forms, and Cable Trays.
Our manufacturing facility and R&D Division are located in Bangalore, covering approximately 28,317.50 sq.ft. Our business model is order-based, and as of March 31, 2023, our unexecuted order book stands at Rs 6,389.57 lakhs.
We proudly supply our products to various industries, serving State Government, Central Government, and Public Sector Undertakings (PSUs).
Presstonic Engineering Limited IPO Competitive Strength
- Organizational stability along with management expertise
- Smooth flow of operations
- Well-defined organizational structure
- Well Established Manufacturing Facility designed to serve multiple products range
- Existing Supplier Relationship
- Quality assurance and accreditations
- Diversified Product portfolio
- Strong Order Book
Presstonic Engineering IPO Financials Performance ( Results )
Presstonic Engineering Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,386.97 | 769.44 | -16.94 | -0.38 | 223.16 | -0.37 | 1,774.95 |
| 31-Mar-22 | 2,496.71 | 1,272.21 | 14.06 | 0.31 | 237.22 | 13.69 | 1,797.08 |
| 31-Mar-23 | 2,737.68 | 2,113.27 | 256.14 | 5.73 | 493.36 | 269.83 | 1,645.27 |
| 30-Sep-23 | 2,850.69 | 1,431.67 | 152.21 | 3.40 | 645.57 | 198.50 | 1,536.97 |
Objective of Presstonic Engineering IPO Issue
- Funding Capital Expenditure towards the purchase of additional plant and machinery
- Prepayment in full of certain borrowings availed by the Company
- To meet the Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes.
Presstonic Engineering IPO Basic Details
| IPO Date | Dec 11, 2023 to Dec 13, 2023 |
| Listing Date | Monday, December 18, 2023 |
| Face Value | ₹10 per share |
| Price | ₹72 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,236,800 shares of ₹10 (aggregating up to ₹23.30 Cr) |
| Fresh Issue | 3,236,800 shares of ₹10 (aggregating up to ₹23.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,470,680 |
| Share holding post issue | 7,707,480 |
| Company Promoters | Mr. Herga Poornachandra Kedilaya and Mr. Yermal Giridhar Rao |
Presstonic Engineering IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Presstonic IPO Timetable
Presstonic IPO will open on December 11, 2023 and close on December 13, 2023. You can join Presstonic IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 11 December 2023 (Monday) |
| Closing Date | 13 December 2023 (Wednesday) |
| Basis of Allotment | 14 December 2023 (Thursday) |
| Initiation of Refunds | 15 December 2023 (Friday) |
| Credit of Shares to Demat | 15 December 2023 (Friday) |
| Listing Date | 18 December 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 13 December 2023 |
Presstonic Engineering IPO Lot Size
For retail investors in Presstonic Engineering IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹115,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹115,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹115,200 |
| Retail (Max) | 1 | 1600 | ₹115,200 |
| S-HNI (Min) | 2 | 3200 | ₹230,400 |
Presstonic Engineering IPO Promoter Holding
The company’s promoters include Mr. Herga Poornachandra Kedilaya and Mr. Yermal Giridhar Rao.
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | 57.99% |
Presstonic Engineering 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 |
| Earning Per Share (EPS) | ₹5.73 per Equity Share |
| Net Asset Value (NAV) | ₹22.07 per Equity Share |
| P/E Ratio (P/E) (x) | 6.28 |
| Return on Net Worth (RoNW) (%) | 51.92 |
| Return on equity (ROE) (%) | 115 |
| Return on Capital Employed (ROCE) (%) | 87 |
| Debt/Equity Ratio | 0.98 |
Presstonic Engineering Ltd Peer Comparison
There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to the Company.
Presstonic Engineering IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹65 | – | – |
| 16 December 2023 | ₹65 | – | – |
| 15 December 2023 | ₹65 | – | – |
| 14 December 2023 | ₹60 | – | – |
| 13 December 2023 | ₹60 | – | – |
| 12 December 2023 | ₹60 | – | – |
| 11 December 2023 | ₹55 | – | – |
| 10 December 2023 | ₹55 | – | – |
| 9 December 2023 | ₹45 | – | – |
| 8 December 2023 | ₹45 | – | – |
| 7 December 2023 | ₹0 | – | – |
| 6 December 2023 | ₹0 | – | – |
Presstonic Engineering IPO Detail Video:
Presstonic Engineering IPO Subscription Status (Bidding Detail)
The Presstonic Engineering IPO on December 13, 2023 at 7:30:00 PM was subscribed 168.25 times, with the retail category being subscribed 188.94 times, the other category being subscribed 133.56 times.
| Category | Subscription |
| Other | 133.56x |
| Retail | 188.94x |
| Total | 168.25x |
Presstonic Engineering IPO Prospectus
| Presstonic Engineering IPO DRHP | Download |
| Presstonic Engineering IPO RHP | Download |
| Presstonic Engineering IPO Anchor Investors Details PDF | Download |
Presstonic Engineering IPO Rating
| Our Rating | 2.5/5.0 |
Presstonic Engineering Company Contact Information
Presstonic Engineering Limited
Registered & Corporate Office: Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, North Bangalore, Karnataka – 560091, India
Contact Person: Mrs. Sudha Gajanana Hegde, Company Secretary & Compliance Officer
Tel No: +91 80 23480001,
E-Mail ID: cs@presstonengg.co
Website: www.presstonic.com
CIN: U28995KA2021PLC145718
Our Promoters: (I) Mr. Herga Poornachandra Kedilaya; and (Ii) Mr. Yermal Giridhar Rao
Presstonic Engineering IPO Registrar
Cameo Corporate Services Limited
Registered Office: “Subramanian Building”, #1, Club House Road, Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Email: ipo@cameoindia.com
Contact Person: Ms. K. Sreepriya
Website: www.cameoindia.com
Investor Grievance Email: investor@cameoindia.com
SEBI Registration Number: INR000003753
CIN No: U67120TN1998PLC041613
Presstonic Engineering IPO Lead Manager
Finshore Management Services Limited
Registered Office: Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Telephone: 033 – 2289 5101 / 4603 2561
Email: info@finshoregroup.com
Contact Person: Mr. S. Ramakrishna Iyengar
Website: www.finshoregroup.com
Investor Grievance Email: investors@finshoregroup.com
SEBI Registration No: INM000012185
CIN No: U74900WB2011PLC169377
Presstonic Engineering IPO FAQs
What is the lot size of Presstonic Engineering IPO?
The total size of Presstonic Engineering IPO is ₹23.30 crores and this is a complete fresh Issue.
When will Presstonic Engineering IPO start?
Presstonic Engineering IPO will open from 11 December 2023 and IPO will close on 13 December 2023.
What is the open date of Presstonic Engineering IPO?
Presstonic Engineering IPO will open date from 11 December 2023.
What is the last date ( close date ) of Presstonic Engineering IPO?
Presstonic Engineering IPO will close from 13 December 2023.
What is the price band of Presstonic Engineering IPO?
Presstonic Engineering IPO price band is ₹72.
What is the minimum amount required to apply for Presstonic Engineering IPO?
The minimum investment for retailers to apply for Presstonic Engineering IPO is ₹115,200 and the maximum investment is ₹115,200.
What is going on gray market premium of Presstonic Engineering IPO?
View gray market premium of Presstonic Engineering IPO by Clicking Here
How much is the GMP of Presstonic Engineering IPO?
Watch Presstonic Engineering IPO GMP Today: Click Here
What is the allotment date of Presstonic Engineering IPO?
The allotment date of Presstonic Engineering IPO is 14 December 2023.
How to check allotment status in Presstonic Engineering IPO?
To check the allotment status of Presstonic Engineering IPO, first of all go to the registrar website by clicking here, select your bad Presstonic Engineering 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 Presstonic Engineering IPO?
The listing date of Presstonic Engineering IPO is 18 December 2023.
How much will be the listing gain in Presstonic Engineering IPO?
View listing gain of Presstonic Engineering IPO by Clicking Here
How much time Presstonic Engineering IPO is subscribed?
Total 168.25 times subscribed in Presstonic Engineering IPO out of which 188.94 times subscription was done in retail quota, 133.56 times subscription in other quota.
How to apply for Presstonic Engineering IPO from Upstox?
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How to apply for Presstonic Engineering PO from Zerodha?
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How to apply for Presstonic Engineering IPO from Angle One?
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