Finelistings Technologies IPO description – Finelistings Technologies is involved in a diverse range of businesses, including (a) retailing pre-owned luxury cars; and (b) software development services.
In its pre-owned luxury car retail business, the company concentrates on premium and high-end luxury vehicles, with an average sale price of INR 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. Additionally, the company provides after-sales services and repairs through affiliated service centers. It also assists clients in obtaining financial support from third-party financers. Finelistings Technologies commenced operations and inaugurated its inaugural showroom, operating under the brand name ‘Finecars,’ in August 2022 at Vasant Kunj, National Capital Region (NCR).
In its software development services, the company provides a range of offerings, including cloud-based services and IT consulting. These services encompass big data analytics, cloud architecture, data engineering, and IoT solutions. Additionally, the company offers solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.
Under its buy-and-sell retail model, the company sold over 37 cars in FY 2023, 35 cars in FY 2022, and 14 cars in FY 2021. Additionally, during the stub period ending 31 July 2023, the company sold 14 cars. As of 31 October 2023, the company employed a total of 5 individuals.
Promoters of Finelistings Technologies – Aneesh Mathur, and Arjun Singh Rajput
Table of Contents
Finelistings Technologies IPO Details
| Fine Cars IPO Dates | 7 – 9 May 2024 |
| Finelistings Technologies Issue Price | INR 123 per share |
| Fresh issue | 1,100,000 shares (INR 13.53 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,100,000 shares (INR 13.53 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 123,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Finelistings Technologies Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 11M FY 2024 |
| Revenue | 1.46 | 6.94 | 13.89 | 13.59 |
| Expenses | 1.70 | 6.98 | 11.56 | 9.89 |
| Net income | (0.17) | (0.08) | 1.79 | 2.77 |
Finelistings Technologies Offer News
- Finelistings Technologies RHP
- Finelistings Technologies Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Finelistings Technologies Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.85) | (0.41) | 8.78 |
| PE ratio | – | – | 14.01 |
| RONW (%) | (30.69) | (17.39) | 50.85 |
| NAV | 2.76 | 2.35 | 13.87 |
| ROCE (%) | (41.54) | 0.23 | 52.37 |
| EBITDA (%) | (15.71) | 0.19 | 18.08 |
| Debt/Equity | – | 2.09 | 0.36 |
Finelistings Technologies IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 13 May 2024 | 20 | – | 15,000 |
| 11 May 2024 | 20 | – | 15,000 |
| 10 May 2024 | 20 | – | 15,000 |
| 9 May 2024 | 20 | – | 15,000 |
| 8 May 2024 | 22 | – | 17,000 |
| 7 May 2024 | 20 | – | 15,000 |
| 6 May 2024 | 20 | – | 14,800 |
| 4 May 2024 | 20 | – | 14,500 |
| 3 May 2024 | 17 | – | 13,500 |
| 2 May 2024 | 15 | – | 12,000 |
Finelistings Technologies IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 521,000 | 521,000 | 1,042,000 |
| 9 May 2024 | 36.03 | 38.96 | 37.49 |
| 8 May 2024 | 2.31 | 11.67 | 6.99 |
| 7 May 2024 | 0.60 | 3.29 | 1.94 |
The market maker reservation portion of 58,000 shares is not included in the above calculations.
Finelistings Technologies IPO Allotment Status
Finelistings Technologies IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Fine Cars IPO Dates & Listing Performance
| Fine Cars IPO Opening Date | 7 May 2024 |
| Fine Cars IPO Closing Date | 9 May 2024 |
| Finalization of Basis of Allotment | 10 May 2024 |
| Initiation of refunds | 13 May 2024 |
| Transfer of shares to demat accounts | 13 May 2024 |
| Fine Cars IPO Listing Date | 14 May 2024 |
| Opening Price on BSE SME | INR 127 per share (up 3.25%) |
| Closing Price on BSE SME | INR 133.35 per share (up 8.41%) |
Finelistings Technologies Offer Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email:Â [email protected]
Website:Â www.fedsec.in
Finelistings Technologies Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Finelistings Technologies IPO Contact Details
FINELISTINGS TECHNOLOGIES LIMITED
G-07, Ground Floor, Ambience Mall, Nelson Mandela Road,
Vasant Kunj, South West Delhi, New Delhi – 110070, India
Phone: +91 93551 11911
E-mail: [email protected]
Website: www.finecars.co.in
IPO FAQs
What is the Finelistings Technologies offer size?
Finelistings Technologies offer size is INR 13.53 crores.
What is the Finelistings Technologies offer price band?
Finelistings Technologies public offer price is INR 123 per share.
What is the lot size of the Finelistings Technologies IPO?
Finelistings Technologies offer lot size is 1,000 shares.
What is Finelistings Technologies IPO GMP today?
Finelistings Technologies IPO GMP today is INR 20 per share.
What is the Finelistings Technologies kostak rate today?
Finelistings Technologies kostak rate today is INR NA per application.
What is Finelistings Technologies Subject to the Sauda rate today?
Finelistings Technologies is Subject to the Sauda rate today is INR 15,000 per application.
