The Presstonic Engineering IPO commenced on December 11, 2023, and concluded on December 13, 2023. The allotment of shares took place on December 14, 2023, and the initiation of refunds began on December 15, 2023. The shares were credited to the demat accounts of investors on December 15, 2023. Finally, the listing of Presstonic Engineering on the stock exchange occurred on December 18, 2023.
The Presstonic Engineering IPO was priced at ₹72 per share, with a lot size of 1600 shares. The total issue size was ₹23.30 crores, comprising a fresh issue of ₹23.30 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Presstonic Engineering IPO Basic Details
| Company Name | Presstonic Engineering Limited |
| Domain of Company | Manufacturing Metro Rail Product |
| Presstonic Engineering IPO GMP Today | ₹0 |
| Presstonic Engineering IPO Listing Gain | 0.00% |
| Presstonic Engineering IPO Open Date | December 11, 2023 |
| Presstonic Engineering IPO Close Date | December 13, 2023 |
| Presstonic Engineering IPO Allotment Date | December 14, 2023 |
| Presstonic Engineering IPO Listing Date | 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 |
| Company Promoters | Mr. Herga Poornachandra Kedilaya and Mr. Yermal Giridhar Rao |
Presstonic Engineering IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 6 December 2023 | ₹0 | 0.00% | – | – |
Presstonic Engineering IPO Details:
Presstonic Engineering Limited started in 1996 and makes things for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure.
We create a variety of products, like comfy seats for trains, cool colored handles, grab poles, emergency ramps, and honeycomb panels for inside trains. We also make things like protective boxes, brackets for lights, support brackets, masts, ladders, steel structures, aluminum murals, supports for solar panels, wire shapes, and cable trays.
Our place where we make these things and do research is in Bangalore. It’s a big area, about 28,317.50 square feet.
Our way of doing business is based on getting orders. As of March 31, 2023, we have orders worth Rs 6,389.57 lakhs that we haven’t started on yet.
We sell our products to all kinds of industries and also to the State Government, Central Government, and Public Sector Undertakings.
Presstonic Engineering IPO More Details Click Here
Presstonic Engineering IPO FAQs
When is Presstonic Engineering IPO open?
Presstonic Engineering IPO will open on 11 December 2023.
When is Presstonic Engineering IPO Close?
Presstonic Engineering IPO will be closed on 13 December 2023.
What is Presstonic Engineering IPO GMP Today?
The Presstonic Engineering IPO GMP aka Grey Market Premium is ₹0.
What is Presstonic Engineering IPO Kostak Rates Today?
The Presstonic Engineering IPO Kostak Rate is ₹000.
What is Presstonic Engineering IPO Subject to Sauda Price Today?
The Presstonic Engineering IPO subject to sauda rates is ₹000.
Presstonic Engineering IPO Expected Returns?
The Presstonic Engineering expected return is 0.00%.
How much will be the listing gain in Presstonic Engineering IPO?
Presstonic Engineering IPO will get listing gain of 0.00%. (Approx.)
