Last updated on December 18, 2023
Presstonic Engineering IPO description – Presstonic Engineering produces Metro Rail Rolling Stock, Metro Rail Signalling Systems, and Infrastructure Products. The company provides these products to well-known global and domestic Original Equipment Manufacturers (OEMs) involved in the manufacturing and servicing of Rail and Metro Rail Rolling Stock, as well as Signalling equipment.
As of 31 March 2023, the company has an unexecuted order book of INR 63.90 crore. Further 01 April 2023 onwards, the company has been awarded an additional order of INR 4.57 crore.
Presstonic Engineering Vision:
- To be India’s leader in manufacturing metro and rail sub-assemblies by 2030.
- To be the first choice for OEMs of diverse sectors to develop newer components.
Promoters of Presstonic Engineering – Mr. Herga Poornachandra Kedilaya, and Mr. Yermal Giridhar Rao
Table of Contents
Presstonic Engineering IPO Details
| Presstonic Engineering IPO Dates | 11 – 13 December 2023 |
| Presstonic Engineering Issue Price | INR 72 per share |
| Fresh issue | 32,36,800 shares (INR 23.30 crore) |
| Offer For Sale | NIL |
| Total IPO size | 32,36,800 shares (INR 23.30 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 115,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Presstonic Engineering Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 761.36 | 1,262.80 | 2,103.06 | 1,425.21 |
| Expenses | 791.25 | 1,250.77 | 1,757.71 | 1,228.10 |
| Net income | (16.94) | 14.06 | 256.14 | 152.21 |
Presstonic Engineering Offer News
- Presstonic Engineering RHP
- Presstonic Engineering Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Presstonic Engineering Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.38) | 0.31 | 5.73 |
| PE ratio | – | – | 12.57 |
| RONW (%) | (7.59) | 5.93 | 51.92 |
| NAV | – | – | 22.07 |
| ROCE (%) | 33.0 | 28.0 | 87.0 |
| EBITDA (%) | 38.45 | 23.84 | 33.10 |
| Debt/Equity | 2.06 | 2.72 | 0.98 |
Presstonic Engineering IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 December 2023 | 60 | – | 70,000 |
| 15 December 2023 | 53 | – | 63,500 |
| 14 December 2023 | 50 | – | 58,000 |
| 13 December 2023 | 30 | – | 37,000 |
| 12 December 2023 | 30 | – | 37,000 |
| 11 December 2023 | 25 | – | 30,000 |
Presstonic Engineering IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,699,200 | 1,537,600 | 3,236,800 |
| 13 Dec 2023 | 108.26 | 188.51 | 153.04 |
| 12 Dec 2023 | 19.62 | 77.07 | 46.94 |
| 11 Dec 2023 | 5.27 | 26.96 | 15.58 |
Presstonic Engineering IPO Allotment Status
Presstonic Engineering IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Presstonic Engineering IPO Dates & Listing Performance
| IPO Opening Date | 11 December 2023 |
| IPO Closing Date | 13 December 2023 |
| Finalization of Basis of Allotment | 14 December 2023 |
| Initiation of refunds | 15 December 2023 |
| Transfer of shares to demat accounts | 15 December 2023 |
| IPO Listing Date | 18 December 2023 |
| Opening Price on NSE SME | INR 140 per share (up 94.44%) |
| Closing Price on NSE SME | INR 147 per share (up 104.17%) |
Presstonic Engineering Offer 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, India
Phone: 033 – 2289 5101 / 4603 2561
Email:Â [email protected]
Website:Â www.finshoregroup.com
Presstonic Engineering Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai – 600 002, Tamil Nadu
Phone:Â +91-44 4002 0700, 28460390
Email:Â [email protected]
Website:Â www.cameoindia.com
Presstonic Engineering IPO Contact Details
PRESSTONIC ENGINEERING LIMITED
Sy. No. 2, Khatha No. 145, Hoysala Main Road,
Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte,
Viswaneedam, Bangalore, North Bangalore, Karnataka – 560091
Phone: +91 80 23480001
E-mail: [email protected]
Website: www.presstonic.com
IPO FAQs
What is the Presstonic Engineering offer size?
Presstonic Engineering’s offer size is INR 23.30 crores.
What is the Presstonic Engineering offer price band?
Presstonic Engineering’s public offer price is INR 72 per share.
What is the lot size of the Presstonic Engineering offer IPO?
Presstonic Engineering’s offer lot size is 1,600 shares.
What is Presstonic Engineering IPO GMP today?
Presstonic Engineering IPO GMP today is INR 60 per share.
What is the Presstonic Engineering kostak rate today?
Presstonic Engineering kostak rate today is NA per application.
What is Presstonic Engineering Subject to Sauda rate today?
Presstonic Engineering Subject to Sauda rate today is INR 70,000 per application.
