Ishan International Limited is engaged in contracting and construction projects focusing on machinery supply, assembly/installation, commissioning and operational training for sugar mills, jaggery, pharmaceutical plants, hydro power plants and pollution control systems. The company also provides superior engineering services and solutions for all types of activities in hydropower, sugar and jaggery, pharmaceuticals and pollution control systems.
The company sells heavy engineering equipment to international markets in various overseas projects, mainly in the Philippines, Vietnam and Indonesia, to valued clients such as Busco Sugar Milling Co. Inc, Universal RRobina CorporationC Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco -National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Technology Purnama Bohler, GMMPT.
Ishan International Limited has established overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in process). The main advantage of the company is the quality management system according to ISO 9001: 2015.
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals and Pollution Control Systems.
The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients like Busco Sugar Milling Co. Inc, Universal RRobina CorporationC Group, First Farmer Holding Corporation FFHC, Sonedco, Sunwest, Navetco-National Veterinary Joint Stock Company, Minh Dan Pharmaceutical Joint Stock Company, Thien Tan, Song Da Group, NCC, Kosy Group, Tra Linh, PBT PT. Purnama Bohler Technologi, GMMPT.Ishan International Limited’s products include ESPs, Jaggery Plant and Equipment, Cane Crushing Equipment, Mill Cheeks, Gear Boxes, Rope Couplings, Ropeless Couplings, Square Couplings, Automation Equipment, Complete Rollers, Bare Shells, Hammers Tips, Shafts, Juice Rings, Fibrizer, AC Motor for 1500KW Mill Drive with Accessories, Grooving Tools, Tableting machines, Powder filling lines, Liquid filling lines, Lab equipment, Sterilizing tunnels, Washing machines, AHUs, Filters, Distillation units, Automatic High-Speed Labeling Machine, Tablet Dissolution Test Apparatus, Pure Steam Generator, among other.
Competitive Strengths :
- Strong brand presence in South-East Asia.
- Diversification in various sectors ensures steady revenue.
- A combination of experience and expertise.
- Sustainable and Strong Order Book.
- Focus on quality, cost efficiencies and timely implementation.
- High Customer Satisfaction.
- Well Established Supply and Logistic Chain.
- Strong Risk Management.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 1530.53 | 2708.4 | 39.62 | 452.77 | 319.06 |
| 31-Mar-20 | 1704.15 | 2272.56 | 28.42 | 481.19 | 347.48 |
| 31-Mar-21 | 1452.52 | 2271.2 | 15.05 | 496.25 | 362.54 |
| 31-Jan-22 | 1854.78 | 1752.1 | 120.73 | 616.97 | 126.69 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
1) Funding the Proposed Joint Venture and/or Acquisition.
2) To meet the Working Capital requirements.
3) General Corporate Expenses.
Ishan International IPO Lot Size
The Ishan International IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
Pre Issue Share Holding
99.61%
Post Issue Share Holding
65.21%
Ishan International IPO Details
| Ishan International IPO Date | Sep 9, 2022 to Sep 14, 2022 |
| Ishan International IPO Face Value | ₹10 per share |
| Ishan International IPO Price | ₹80 per share |
| Ishan International IPO Lot Size | 1600 Shares |
| Issue Size | 2,280,000 shares of ₹10 (aggregating up to ₹18.24 Cr) |
| Fresh Issue | 2,280,000 shares of ₹10 (aggregating up to ₹18.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Shantanu Srivastava is the company promote |
IPO Open Date
09 September 2022
IPO Close Date
14 September 2022
Basis of Allotment Date
September 2022
Initiation of Refunds
September 2022
Credit of Shares to Demat Account
September 2022
IPO Listing Date
September 2022