Finelistings Technologies IPO GMP, Review, Price, Allotment

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Last updated on May 14, 2024

Finelistings Technologies IPO GMP

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.

Fine Cars IPO

Promoters of Finelistings Technologies – Aneesh Mathur, and Arjun Singh Rajput


Finelistings Technologies IPO Details

Fine Cars IPO Dates7 – 9 May 2024
Finelistings Technologies Issue PriceINR 123 per share
Fresh issue1,100,000 shares (INR 13.53 crore)
Offer For SaleNIL
Total IPO size1,100,000 shares (INR 13.53 crore)
Minimum bid (lot size)1,000 shares (INR 123,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Finelistings Technologies Financial Performance

 FY 2021FY 2022FY 202311M FY 2024
Revenue1.466.9413.8913.59
Expenses1.706.9811.569.89
Net income(0.17)(0.08)1.792.77
Figures in INR Crores unless specified otherwise

Finelistings Technologies Offer News


Finelistings Technologies Valuations & Margins

FY 2021FY 2022FY 2023
EPS(0.85)(0.41)8.78
PE ratio14.01
RONW (%)(30.69)(17.39)50.85
NAV2.762.3513.87
ROCE (%)(41.54)0.2352.37
EBITDA (%)(15.71)0.1918.08
Debt/Equity 2.090.36
*Compiled by IPO Central from Prospectus

Finelistings Technologies IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
13 May 20242015,000
11 May 20242015,000
10 May 20242015,000
9 May 20242015,000
8 May 20242217,000
7 May 20242015,000
6 May 20242014,800
4 May 20242014,500
3 May 20241713,500
2 May 20241512,000

Finelistings Technologies IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered521,000521,0001,042,000
9 May 202436.0338.9637.49
8 May 20242.3111.676.99
7 May 20240.603.291.94

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 Date7 May 2024
Fine Cars IPO Closing Date9 May 2024
Finalization of Basis of Allotment10 May 2024
Initiation of refunds13 May 2024
Transfer of shares to demat accounts13 May 2024
Fine Cars IPO Listing Date14 May 2024
Opening Price on BSE SMEINR 127 per share (up 3.25%)
Closing Price on BSE SMEINR 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[email protected]
Website: 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: +91- 11-40450193-197
Email: [email protected]
Website: 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.

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