AAA Technologies IPO Details

AAA Technologies IPOAAA Technologies IPO description – AAA Technologies is an Information Technology and Information Security Auditing & Consulting Company offering a platform that enables organizations to identify the issues of corporate governance of the information system in computerized environment and execute security controls to safeguard information and information system.

The company offers IT audit services like Information System Audit, Cyber Security, IT Assurance & Compliance, Information Security and IT Governance to BFSI, Government, Regulatory Agencies and Public and Private Sector Organizations.

To procure business from regulatory agencies and public sector companies, the company bids for tenders available for CERT-In empaneled IT Security Organizations; and NICSI a company under National Informatics Centre, Ministry of Electronics and Information Technology, GOI for providing and procuring IT solutions for multiple E-governance projects undertaken by NIC, MeitY, Governments, Government Organization and PSU.

Promoters of AAA Technologies – Mr Anjay Ratanlal Agarwal, Mr Venugopal Madanlal Dhoot And Mrs Ruchi Anjay Agarwal
AAA Technologies IPO details
Subscription Dates 30 September – 5 October 2020
Price Band INR42 per share
Fresh issue 2,436,000 shares (INR10.23 crore)
Offer For Sale Nil
Total IPO size 2,436,000 shares (INR10.23 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
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AAA Technologies’ financial performance (in INR lakh)

FY2018 FY2019 FY2020
Revenue 1,040.0 1,047.5 1,424.7
Expenses 902.4 761.4 931.2
Net income 100.0 206.0 369.8

Registrar of AAA Technologies IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Valuation of AAA Technologies IPO (FY2020)

Earnings Per Share (EPS): INR6.29
Price/Earnings (PE ratio): 6.68
Return on Net Worth (RONW): 36.24%
Net Asset Value (NAV): INR182.19 per share

AAA Technologies IPO Subscription Details

Day Subscription (no. of times)
Day 1

0.52

Day 2

0.62

Day 3

2.27

AAA Technologies Contact Details

AAA Technologies Limited
278-280, F Wing, Solaris 1, Saki Vihar Road, Opp. L&T Gate No. 6, Powai, Andheri East,
Mumbai – 400072
Phone: +91 22 28573815
Email: [email protected]
Website: www.aaatechnologies.co.in

AAA Technologies IPO Allotment Status

AAA Technologies IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.

Listing Performance of AAA Technologies

IPO Opening Date: 30 September 2020
IPO Closing Date: 5 October 2020
Finalisation of Basis of Allotment: 8 October 2020
Initiation of refunds: 9 October 2020
Transfer of shares to demat accounts: 12 October 2020
Listing Date: 13 October 2020
Opening Price on NSE SME: INR44.5 per share (up 5.95% from IPO price) 
Closing Price on NSE SME: INR43.6 per share (up 3.81% from IPO price) 

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