ANI Integrated Services IPO

ANI Integrated Services IPOBusiness description from prospectus – ANI Integrated Services is engaged in the business of Engineering services such as Erection and Installation of Electrical /Instrumentation/Mechanical Turnkey Projects‘, Operations and Maintenance, Commissioning Assistance, Shutdown services and Technical Manpower deputation. The company has leveraged track record in India to successfully expand our operations internationally, and has provided a wide range of engineering services on various international projects, particularly in the UAE, Thailand and Kingdom of Saudi Arabia to clients like, Larsen & Turbo Industries, Tata Consultancy Engineers Limited, Reliance Industries Limited, Nestle India Limited, Engineering India Limited, Mondelez India Foods Limited, GAIL (India) Limited, etc.

These services are timely executed as per the varied demands of its customers. ANI has been meeting the most demanding requirements of its clients whether they are immediate requirement, specific expertise personnel or quality of work. Through its efficient functioning ANI has been able to grab a niche in the market and would continue to maintain the same goodwill.

Promoters of ANI Integrated Services – Navin Nandkumar Korpe

ANI Integrated Services IPO details

Subscription Dates 8 – 10 November 2017
IPO Price band INR100 per share
Fresh issue 1,687,200 shares (INR16.87 crore)
Offer for sale 878,400 shares (INR8.78 crore)
Total IPO size 2,565,600 shares (INR25.65 crore)
Minimum bid (lot size) 1,200 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

ANI Integrated Services’ financial performance (in INR crore)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 12.9 19.8 23.6 40.0 63.6
Total expenses 11.7 18.0 21.9 37.1 51.7
Profit after tax 0.9 1.0 1.2 1.8 7.9

ANI Integrated Services Limited
6, Ashirwad, G. V. Scheme
Road No.1
Mulund (E) Mumbai 400 081

Phone: +91 22 6156 0404
Email: [email protected]
Website: www.aniinstruments.com

Day

Subscription (no. of times)

Day 1 1.75
Day 2 9.14
Day 3 197.81

 

Earnings Per Share (EPS): INR7.88

Price/Earnings (P/E) ratio: 12.69

Return on Net Worth (RONW): 55.59%

Net Asset Value (NAV): INR141.74 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

ANI Integrated Services IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 8 November 2017

IPO Closing Date: 10 November 2017

Listing Date: 20 November 2017

Listing Price on NSE SME: INR120 per share (up 20% from IPO price)

Closing Price on NSE SME: INR120 per share (up 20% from IPO price)

27 COMMENTS

  1. How to apply ? Being a SME the issue is not listed on my broker’s website ( axis direct ). The registrar not responding
    to queries.I am based in Pune and want to apply.Pl help !

  2. dear sir,
    many thanks for your valuable services. investment in any sme ipo is always risky as it not always listed in bse/nse, like main stream ipos. we do not know about the promoters of the co. in this situation should a retail investor proceed further?

    looking for your early reply.

  3. Looking at the fianancials and excellent return on net worth of 56 pct, this co ANI is definetely very attractive from long term point of view.
    also, because of asset light model, and excellent list of customers,in engg sector, which is high focus by govt, the long term potential of profits for this co are excellent.

    would think that the share will reach price of 500 rs very soon.

    similar service providers like quess, and team lease services are at available at high PE of greater than 50 to 60.
    This is an engg services co,a and not only manpower services, so it will be worth much higher PE.

    worth definetely investing now.

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