IPO Detail—-1)-Company Annual Report 2)-Objects of the Issue 3)Containe Technologies IPO Important Date 4)IPO Lot Size
Containe Technologies IPO
Incorporated in 2008, Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies IPO will be Open on 20 September 2022 and cloess on 22 September.
The company has fixed the price of this IPO at ₹15 according to the face value of ₹10. The company will raise ₹2.62 Crores through this IPO under the 17,44,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. Containe Technologies Limited is an ISO 9001:2015 certified organization engaged in the business of Design, Development, Manufacturing, Supply & Service of Electronic Speed Limiting Devices and GSM/GPRS/GPS/IRNSS based Communication & Controlling Vehicle Location Tracking Devices, Marketing & Sales of IOT Devices & Lithium Ion Battery Operated 2- wheeler & 3-wheeler Auto Rickshaws.
The company is manufacturing electronic Speed Limiting Device (SLD), “MOTOREYE & LIMITS” Brand Electronic Fuel Regulator & Pedal Interface, suitable for the latest Vehicle of BS-IV Standards to the Oldest Vehicles.https://upstox.com/open-account/?f=4LB6Y8q
The company manufactured devices are successfully tested and approved on various models of Maruti Suzuki, Mahindra & Mahindra Ashok Leyland, TATA Motors, Eicher, Swaraj Mazda, Force Motors, Toyota, Hyundai and General Motors. the companu have installed our devices widespread across PAN India. The company manufacturing unit at Marriguda, Secunderabad, Hyderabad, and products are mainly sold through distributors and dealers.
Containe Technologies Limited have one manufacturing unit at Marriguda, Secunderabad, Hyderabad. The company’s products are mainly sold through distributors and dealers.
Company jubilant :https://upstox.com/open-account/?f=4LB6Y8
- stability, Rich management experience and skilled team
- Smooth flow of operations
- Well-defined organizational structure
- Existing Supplier Relationship
- Quality Policy
- Customer Centric Business Model
- Comprehensive solution for logistics requirement
Objects of the Issue —
1). To meet the working capital requirements
2). To meet the Issue Expenses
3). General Corporate Purposes
Containe Technologies IPO Date—https://allideass.com/mega-flex-plastics-limited-ipo-9-sep-2022/
| Issue Open Date : | 20 September 2022 |
| Issue Close Date : | 22 September 2022 |
| Allotment Date : | 27 September 2022 |
| Refund Date : | 28 September 2022 |
| Share Credit Date : | 29 September 2022 |
| Listing Date : | 30 September 2022 |
Company Annual Report–
| Timeline | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 625.5 | 292.29 | 5.39 |
| 31-Mar-21 | 720.73 | 60.43 | 0.66 |
| 31-Mar-22 | 800.4 | 206.98 | 4.34 |
| Amount in ₹ Lakhs |
Technologies IPO Date –
| Containe Technologies IPO Date | Sep 20, 2022 to Sep 22, 2022 |
| Containe Technologies IPO Face Value | ₹10 per share |
| Containe Technologies IPO Price | ₹15 per share |
| Containe Technologies IPO Lot Size | 8000 Shares |
| Issue Size | 1,744,000 shares of ₹10 (aggregating up to ₹2.62 Cr) |
| Fresh Issue | 1,744,000 shares of ₹10 (aggregating up to ₹2.62 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
| Company Promoters | Mr. Anand Kumar Seethala and Mrs. Botcha Bhavani are the company promoters. |
IPO Market Lots Size—-
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 1 | 8000 | ₹120,000 |
Promoter Holding—-
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.07% |
What is Technologies IPO Size?
Technologies IPO size is ₹2.62 Crores.
What is Technologies IPO Price Band?
Technologies IPO Price Band is ₹15 Per share.
What is Containe Technologies IPO Minimum and Maximum Lot Size?
The minimum bid is 8000 Shares with ₹120,000 amount while the maximum bid is 8000 shares with ₹120,000.
NOTE—Containe Technologies shares will be listed on the BSE SME on 30th September 2022, Friday at 10:00 AM
What is the symbol for the C. Technologies https://allideass.com/introdction/ IPO?
The symbol for C.Technologies IPO is CONTAINE