Last updated on September 22, 2022
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
Ishan International IPO Details
| Subscription Dates | 9 – 14 September 2022 |
| Price Band | INR 80 per share |
| Fresh issue | 22,80,000Â shares (INR 18.24Â crore) |
| Offer For Sale | NIL |
| Total IPO size | 22,80,000Â shares (INR 18.24Â crore) |
| Minimum bid (lot size) | 1,600Â share (INR1,28,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Ishan International Financial Performance
| Â | 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 |
Ishan International Offer News
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 (%) | – | – | – |
Ishan International IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
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 |
Ishan International IPO Lead Manager
First Overseas Capital Limited
1-2 Bhupen Chambers, Dalal Street,
Fountain, Mumbai – 400 001,
Maharashtra, India
Phone:Â +91 22 4050 9999
Email:Â [email protected]
Website:Â www.focl.in
Ishan International Offer Registrar
Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Ishan International IPO Contact Details
Ishan International Limited
607, Chiranjiv Tower
Nehru Place, New Delhi – 110019
Phone: +91 9315603745
Email: [email protected]
Website:Â http://www.ishanglobal.com/
Ishan International IPO Allotment Status
Ishan International IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.
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) |
Ishan International IPO FAQs
What is Ishan International offer size?
Ishan International offer size is INR 18.24Â crore.
What is Ishan International IPO Price Band?
Ishan International public offer price is INR 80 per share.
What is the lot size of Ishan International IPO?
Ishan International offer lot size is 1,600 shares.
What is Ishan International IPO GMP today?
Ishan International IPO GMP today is NA per share.
What is Ishan International kostak rate today?
Ishan International kostak rate today is NA per application.
What is Ishan International Subject to Sauda rate today?
Ishan International Subject to Sauda rate today is NA per application.
