Abhishek Integrations IPO Details
Abhishek Integrations IPO description – Abhishek Integrations is a “Class A” Gujarat Government approved contractor and has a team of around 490 employees. The company is engaged in the development, operations and maintenance of electrical and mechanical work and its installation at various Airports in India, Fire fighting solutions as a system integrator, perimeter light fittings at Airports.
The company started as a proprietorship firm in 2002, in the business of telecommunication and caballing work in BSNL. In subsequent years, it started electrification work at various Railway platforms, electrification and Earthing of ONGC at various locations in Ahmedabad, Electrification of MIC Laboratory at ISRO Ahmedabad, Operation & Maintenance of LT/HT Substation, Hospital, residential colony at various location of ESIC at Ahmedabad, Kalol, Jamnagar, Surat, Kandivali, Marol, Andheri.
At present, the company has 24 projects on hands of AAI. These projects are located at Ahmedabad, Allahabad, Aurgabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur and Vadodara.
Promoters of Abhishek Integrations – Mr Sanjay Narbada Dubey
| Abhishek Integrations IPO details | |
| Subscription Dates | 8 – 11 June 2021 |
| Price Band | INR50 per share |
| Fresh issue | 990,000 shares (INR4.95 crore) |
| Offer For Sale | Nil |
| Total IPO size | 990,000 shares (INR4.95 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Abhishek Integrations financial performance (in INR lakh)
| FY2019 | FY2020 | FY2021 | ||
| Revenue | 5.69 | 73.01 | 235.57 | |
| Expenses | 5.51 | 68.38 | 219.99 | |
| Net income | 0.14 | 3.00 | 11.89 | |
| Net margin (%) | 2.5 | 4.1 | 5.0 |
Registrar of Abhishek Integrations 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 Abhishek Integrations IPO (FY2021)
Earnings Per Share (EPS): INR0.78
Price/Earnings (PE ratio): 63.7
Return on Net Worth (RONW): 4.19%
Net Asset Value (NAV): INR14.05 per share
Abhishek Integrations IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.07 |
| Day 2 |
0.35 |
| Day 3 |
7.32 |
| Day 4 |
9.92 |
Abhishek Integrations Contact Details
Abhishek Integrations Limited
Shop No. 8-Parulnagar Shopping Centre,
Nr. Bhuyangdev Cross Road,
Sola Road, Ghatlodia,
Ahmedabad- 380061 Gujarat
Phone: +91 079 27433369
Email: [email protected]
Website: www.abhishekintegrations.com
Abhishek Integrations IPO Allotment Status
Abhishek Integrations IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status
Listing Performance of Abhishek Integrations
IPO Opening Date: 8 June 2021
IPO Closing Date: 11 June 2021
Finalisation of Basis of Allotment: 16 June 2021
Initiation of refunds: 17 June 2021
Transfer of shares to demat accounts: 17 June 2021
Listing Date: 21 June 2021
Opening Price on NSE Startup: INR40 per share (down 20% from IPO price)
Closing Price on NSE Startup: INR38 per share (down 24% from IPO price)
