Presstonic Engineering IPO GMP, Review, Price, Allotment

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Last updated on December 18, 2023

Presstonic Engineering IPO GMP

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.
Presstonic Engineering IPO

Promoters of Presstonic Engineering – Mr. Herga Poornachandra Kedilaya, and Mr. Yermal Giridhar Rao


Presstonic Engineering IPO Details

Presstonic Engineering IPO Dates11 – 13 December 2023
Presstonic Engineering Issue PriceINR 72 per share
Fresh issue32,36,800 shares (INR 23.30 crore)
Offer For SaleNIL
Total IPO size32,36,800 shares (INR 23.30 crore)
Minimum bid (lot size)1,600 shares (INR 115,200)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Presstonic Engineering Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue761.361,262.802,103.061,425.21
Expenses791.251,250.771,757.711,228.10
Net income(16.94)14.06256.14152.21
Figures in INR Lakhs unless specified otherwise

Presstonic Engineering Offer News


Presstonic Engineering Valuations & Margins

FY 2021FY 2022FY 2023
EPS(0.38)0.315.73
PE ratio12.57
RONW (%)(7.59)5.9351.92
NAV22.07
ROCE (%)33.028.087.0
EBITDA (%)38.4523.8433.10
Debt/Equity 2.062.720.98
*Compiled by IPO Central from Prospectus

Presstonic Engineering IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
16 December 20236070,000
15 December 20235363,500
14 December 20235058,000
13 December 20233037,000
12 December 20233037,000
11 December 20232530,000

Presstonic Engineering IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered1,699,2001,537,6003,236,800
13 Dec 2023108.26188.51153.04
12 Dec 202319.6277.0746.94
11 Dec 20235.2726.9615.58

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 Date11 December 2023
IPO Closing Date13 December 2023
Finalization of Basis of Allotment14 December 2023
Initiation of refunds15 December 2023
Transfer of shares to demat accounts15 December 2023
IPO Listing Date18 December 2023
Opening Price on NSE SMEINR 140 per share (up 94.44%)
Closing Price on NSE SMEINR 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[email protected]
Website: www.finshoregroup.com


Presstonic Engineering Offer Registrar

CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai – 600 002, Tamil Nadu
Phone: +91-44 4002 0700, 28460390
Email: [email protected]
Website: 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.

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