Containe Technologies IPO GMP, Review, Price, Allotment

Last updated on September 30, 2022

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

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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

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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

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Containe Technologies Offer News

• Containe Technologies RHP
• Containe Technologies Draft Prospectus

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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

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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

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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

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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

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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

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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

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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.

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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%)

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Containe Technologies IPO FAQs