Canarys Automations Limited
Book Built Issue IPO · NSE
- Price band
- ₹29 - ₹31
- Lot size
- 4,000 shares
- Issue amount
- ₹47.03 cr
- Total subscription
- 9.55×
- Opens
- 27 Sept 2023
- Closes
- 3 Oct 2023
- Allotment
- 6 Oct 2023
- Listing
- 11 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 1,51,72,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,16,000
- Fresh issue
- ₹47.03 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,24,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 4,10,11,920
- Shares after issue
- 5,61,83,920
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4,000 | ₹1,24,000 |
| HNI | 2 | 8,000 | ₹2,48,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 12.3 | 24.35 |
| RETAIL | 15.65 | 183.16 |
| NIB | 6.71 | 123.58 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 3.92 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 31.64 |
| PRE IPO(PE) | 3.92 |
| POST IPO(PE) | 20.39 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1991, Canarys Automations Limited is a technology solutions provider specializing in Digitalization, Modernization, Automation, Cloudification and Intelligence. The company operates through two main verticals — Technology Solutions that cover DevOps consulting (Azure, GitHub, Atlassian, GitLab etc.), Cloud Consulting (AWS, Azure, GCP), SAP & MS Dynamics 365, RPA, Digital Applications and Mobility Solutions, and Water Resource Management Solutions that offer irrigation modernization, flood risk mitigation, cloud-based river/canal water sharing automation and SCADA gate control systems. Canarys serves industries like BFSI, Retail, Healthcare, Pharma, Manufacturing, Insurance and more, and has delivered business applications to over 1,000 customers across India and 10+ countries including USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Sri Lanka and Indonesia.
Promoters
Mr. Metikurke Ramaswamy Raman Subbarao
Mr. Danavadi Krishnamurthy Arun
Mr. Raghu Chandrashekhariah
Mr. Sheshadri Yedavanahalli Srinivas
Mr. Pushparaj Shetty
Mr. Nagaraju Vineeth
Registrar & documents
Lead manager
Indorient Financial Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
No. 566 & 567, 2nd Floor, 30th Main, Attimabbe Road, Banagirinagara, Banashankari 3rd Stage, Bengaluru - 560085
+91 98458 62780
[email protected]Company website ↗Understanding CANARYS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.