Brisk Technovision Limited IPO (Brisk Technovision IPO)

Brisk Technovision Limited IPO
Upcoming Brisk Technovision IPO | New Brisk Technovision IPO

Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.

The company’s main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.

As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.

The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.

The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.

As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.

Brisk Technovision IPO

Brisk Technovision IPO – Details

IPO Opening Date23 January 2024
IPO Closing Date25 January 2024
Issue TypeFixed Price Issue IPO
Issue Size8,00,000 Shares Worth ₹12.48 Crore
Offer For Sale: 8,00,000 Shares Worth ₹12.48 Crore
Face Value₹10 per equity share
IPO Price₹156
Market Lot800 Shares
Min Order800 Shares (1 Lot)
Listing AtBSE SME
RegisterKfin Technologies Limited
NII (HNI) Shares Offered50%
Retail Shares Offered50%

Brisk Technovision IPO – Date Schedule

IPO Open Date23 January 2024
IPO Close Date25 January 2024
Basis of Allotment29 January 2024
Initiation of Refund30 January 2024
Credit of Shares to Demat Account30 January 2024
IPO Listing Date31 January 2024
Cut-off time for UPI mandate confirmation5 PM on 2January 2024

Brisk Technovision IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)18001,24,800
Retail (Maximum)18001,24,800
HNI (Minimum)216002,49,600

Competitive Strengths

  • Experienced Promoters and proven management team;
  • Company’s solutions are robust, trusted & Industry proven;
  • Providing a diverse range of hardware and software products across varied customer segments;
  • Well-trained employee base and their strong technical and execution capabilities; and
  • A cash-rich company which has been making a profit every year for more than a decade.

Company Promoters

  • Sankarnarayanan Ramasubramanian
  • Ganapati Chittaranjan Kenakre.

Object Of The Issue

  • The company will not receive any proceeds from the Offer, and all such proceeds will go to the Selling Shareholders. The company expects that listing of the Equity Shares will have several positive effects, including enhancing the visibility and brand image. Moreover, it is anticipated that it will boost the company’s goodwill and provide liquidity to the Shareholders and will also provide a public market for the Equity Shares in India.
Brisk Technovision IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202116.9116.610.141.97
31 March 202222.0720.621.091.07
31 March 202318.4015.781.982.78
Amount in ₹ Crore

Key Performance Indicator


Brisk Technovision IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding59.99%

Brisk Technovision IPO Prospectus

Company Contact Information

Brisk Technovision Limited

135, Damji Shamji Industrial Premises CHS Limited,
LBS Marg, Vikhroli (West),

Phone: 022 2577 5648

Brisk Technovision IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Brisk Technovision IPO Lead Manager(s)

1. Sun Capital Advisory Services (P) Ltd

Brisk Technovision IPO FAQs

Brisk Technovision IPO 2024
What is Brisk Technovision IPO?

Brisk Technovision IPO is a SME IPO. The issue is priced at ₹156 per equity share. The IPO is to be listed on BSE SME.
When Brisk Technovision IPO will open?

The IPO is to open on 23 January 2024 for NII – 50% and Retail – 50% Investors.
How to Brisk Technovision IPO?

You can apply Brisk Technovision IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Brisk Technovision IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Brisk Technovision”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Brisk Technovision IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Brisk Technovision”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Brisk Technovision IPO Size?

Brisk Technovision IPO size is ₹12.48 crores.
What is Brisk Technovision IPO Price Band?

Brisk Technovision IPO Price Band is ₹156.
What is Brisk Technovision IPO Minimum and Maximum Lot Size (Retail)?

The minimum bid is 800 Shares with ₹1,24,800 amount while the maximum bid is 800 shares with ₹1,24,800.
What is the Brisk Technovision IPO Allotment Date?

Brisk Technovision IPO allotment date is  29 January 2024.
What is the Brisk Technovision IPO Listing Date?

Brisk Technovision IPO listing date is 31 January 2024. The IPO is to be listed on BSE SME.
Share Market IPO App
Previous articleEuphoria Infotech India Limited IPO (Euphoria Infotech India IPO)
Next articleFonebox Retail Limited IPO (Fonebook Retail IPO)