Containe Technologies IPO description – The company is engaged in the business of Automobile Safety and GPS solutions in Automobile Sector. It manufactures wide range of technology-intensive electronic and mechanical automotive products. These have applications across vehicle segments, including for four-wheeler passenger vehicles, light commercial vehicles, heavy commercial vehicles.
The company’s electronic Speed Limiting Device (SLD), “MOTOREYE & LIMITS” is suitable for the a wide variety of vehicles. The speed limiting devices are tested and approved by Automotive Research Association of India (ARAI), Pune. It is suitable for all types of commercial transport category of vehicles and educational institutions Buses. The company also makes Vehicle Location Tracking Devices (VLTD) under “TRANOPRO” brand.
It has one manufacturing unit at Marriguda, Secunderabad, Hyderabad. Its products are mainly sold through distributors and dealers. The company has also exported to countries like United Kingdom and United Arab Emirates. The company has a dedicated R&D facility to research and develop new indigenous products.
Promoters of Containe Technologies – Mr Anand Kumar Seethala and Mrs Botcha Bhavani
Containe Technologies IPO Details
| Subscription Dates | 20 – 22 September 2022 |
| Price Band | INR15 per share |
| Fresh issue | 1,744,000 shares (INR 2.62 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,744,000 shares (INR 2.62 crore) |
| Minimum bid (lot size) | 8,000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Containe Technologies Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 291.65 | 58.91 | 206.95 |
| Expenses | 285.00 | 57.87 | 198.15 |
| Net income | 5.39 | 0.66 | 4.34 |
Containe Technologies Offer News
Containe Technologies Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.54 | 0.07 | 0.31 |
| PE ratio | – | – | 48.39 |
| RONW (%) | 4.84 | 0.59 | 0.92 |
| NAV | – | – | 11.15 |
| Debt/Equity ratio | – | 0.21 | 0.41 |
| ROCE (%) | – | 0.09 | 0.04 |
Containe Technologies IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 Sep 2022 | – | – | 10,000 |
| 27 Sep 2022 | – | – | 10,000 |
| 26 Sep 2022 | – | – | 10,000 |
| 24 Sep 2022 | – | – | 12,000 |
| 23 Sep 2022 | – | – | 11,000 |
| 22 Sep 2022 | – | – | 10,000 |
| 21 Sep 2022 | – | – | 10,000 |
Containe Technologies IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 8,72,000 | 8,72,000 | 17,44,000 |
| Day 1 | 0.32 | 1.82 | 1.07 |
| Day 2 | 7.91 | 4.27 | 6.09 |
| Day 3 | 146.99 | 72.66 | 109.83 |
Containe Technologies IPO Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A,
2nd Floor, Room No. 207,
227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Phone: +91 033 22895101/46032561
Email: [email protected]
Website: www.finshoregroup.com
Containe Technologies Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building,
#1, Club House Road,
Chennai – 600 002, India
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com
Containe Technologies IPO Contact Details
CONTAINE TECHNOLOGIES LIMITED
H. No. 3-13-142/ 341P, 342, Gokul
Nagar, Marriguda, Mallapur,
Secunderabad, Hyderabad – 500076,
Telangana
Phone: +91 81432 24767
E-mail: [email protected]
Website: www.containe.in
Containe Technologies IPO Allotment Status
Containe Technologies IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Containe Technologies IPO Timetable
| IPO Opening Date | 20 September 2022 |
| IPO Closing Date | 22 September 2022 |
| Finalisation of Basis of Allotment | 27 September 2022 |
| Initiation of refunds | 28 September 2022 |
| Transfer of shares to demat accounts | 29 September 2022 |
| Listing Date | 30 September 2022 |
| Opening Price on BSE SME | INR 22 per share (up 46.67%) |
| Closing Price on BSE SME | INR 23.1 per share (up 54%) |
Containe Technologies IPO FAQs
What is Containe Technologies offer size?
Containe Technologies offer size is INR 2.62 crore.
What is Containe Technologies IPO Price Band?
Containe Technologies public offer price is INR15 per share.
What is the lot size of Containe Technologies IPO?
Containe Technologies offer lot size is 8,000 shares.
What is Containe Technologies IPO GMP today?
Containe Technologies IPO GMP today is NA per share.
What is Containe Technologies kostak rate today?
Containe Technologies kostak rate today is NA per application.
What is Containe Technologies Subject to Sauda rate today?
Containe Technologies Subject to Sauda rate today is INR10,000 per application.
