Presstonic Engineering Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹72 - ₹72
- Lot size
- 1,600 shares
- Issue amount
- ₹23.3 cr
- Total subscription
- 161.16×
- Opens
- 11 Dec 2023
- Closes
- 13 Dec 2023
- Allotment
- 14 Dec 2023
- Listing
- 18 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 32,36,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹23.3 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,15,200
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 44,70,680
- Shares after issue
- 77,07,480
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,15,200 |
| HNI | 2 | 3,200 | ₹2,30,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 11.07 | 2,086.91 |
| NIB | 11.06 | 1,479.63 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 5.73 |
| ROE | 115 |
| ROCE | 87 |
| RONW | 51.92 |
| PRE IPO(PE) | 6.28 |
| POST IPO(PE) | 18.23 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in June 1996, Presstonic Engineering Limited is a manufacturing company that makes specialised products used in Metro Rail rolling stock, signalling systems, and infrastructure. The company supplies its products to global and Indian OEMs involved in building and servicing trains and metro systems. Its manufacturing facility covers around 28,317 sq.ft. and is equipped with modern machines to produce a variety of components. Presstonic makes products like metro seats, grab poles, handrails, honeycomb panels, emergency ramps, IP-rated enclosures, mounting brackets, steel and aluminium structures, solar panel supports, ladder assemblies, wire forms, and cable trays which are used in railways, metros, and related projects.
Strengths
- Stable Organization & Experienced Management: Strong leadership ensures strategic direction and sustainability.
- Efficient Operations: Smooth functioning and optimized task execution.
- Structured Organization: Clear hierarchy and defined roles support better coordination.
- Established Manufacturing Base: Well-developed plant with strong supplier relationships supports consistent production.
Promoters
Mr. Herga Poornachandra Kedilaya
Mr. Yermal Giridhar Rao
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, 560091
+91 80 23480001
[email protected]Company website ↗Understanding PRESSTONIC 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.