Ishan International IPO GMP, Review, Price, Allotment

Ishan International IPO description – The company has a history of over 26 years in selling heavy engineering equipment in international markets. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals and Pollution Control Systems.

The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal Robina Corporation, C Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT.

Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in the process). The company’s core strength Quality Management System in place under ISO 9001: 2015.

Promoters of Ishan International Limited – Mr Shantanu Srivastava

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Ishan International IPO Details

Subscription Dates	9 – 14 September 2022
Price Band	INR 80 per share
Fresh issue	22,80,000 shares (INR 18.24 crore)
Offer For Sale	NIL
Total IPO size	22,80,000 shares (INR 18.24 crore)
Minimum bid (lot size)	1,600 share (INR1,28,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE SME

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Ishan International Financial Performance

	FY 2020	FY 2021	FY 2022
Revenue	2,272.56	2,271.20	2,174.31
Expenses	2,234.33	2,251.11	1,963.93
Net income	28.42	15.05	127.15

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Ishan International Offer News

• Ishan International RHP
• Ishan International Draft Prospectus

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Ishan International Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	2.13	1.13	2.58
PE ratio	–	–	31.01
RONW (%)	6	3	21
NAV	–	–	12.58
Debt/Equity ratio	–	–	0.36
ROCE (%)	–	–	–

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Ishan International IPO GMP Daily Trend

Date	Consolidated IPO GMP	Kostak	Subject to Sauda

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Ishan International IPO Subscription – Live Updates

Category	Non-retail	Retail	Total
Shares Offered	11,40,000	11,40,000	22,80,000
Day 1	0.00	0.16	0.08
Day 2	0.04	0.48	0.26
Day 3	0.16	0.78	0.47
Day 4	1.52	1.56	1.54

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Ishan International IPO Lead Manager

First Overseas Capital Limited
1-2 Bhupen Chambers, Dalal Street,
Fountain, Mumbai – 400 001,
Maharashtra, India
Phone: +91 22 4050 9999
Email: [email protected]
Website: www.focl.in

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Ishan International Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

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Ishan International IPO Contact Details

Ishan International Limited
607, Chiranjiv Tower
Nehru Place, New Delhi – 110019
Phone: +91 9315603745
Email: [email protected]
Website: http://www.ishanglobal.com/

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Ishan International IPO Allotment Status

Ishan International IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

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Ishan International IPO Timetable

IPO Opening Date	9 September 2022
IPO Closing Date	14 September 2022
Finalisation of Basis of Allotment	19 September 2022
Initiation of refunds	20 September 2022
Transfer of shares to demat accounts	21 September 2022
Listing Date	22 September 2022
Opening Price on NSE Emerge	INR82 per share (up 2.5% from IPO price)
Closing Price on NSE Emerge	INR83.85 per share (up 4.81% from IPO price)

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Ishan International IPO FAQs