Finelistings Technologies Limited is engaged in various businesses:
- Retail of pre-owned luxury car; and
- Software development services,
that address digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. The company offerings its spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development.
- Retail used luxury cars: In this segment, the Company sells used premium and high-end luxury vehicles with an average selling price of ₹ 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. The company offers after-sales services and repairs through affiliated service centers. The company also helps its customers get financial support from third-party financiers. The company commenced operations and opened its first showroom under the Finecars brand “in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR).
- Software development services: Under this framework, the company offers cloud-based services, IT consulting services such as big data analytics, cloud architecture, data engineering, IoT solutions, and solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.
As at October 31, 2023, the company had a total of 5 employees.
Finelistings Technologies IPO – Details
| IPO Opening Date | 07 May 2024 |
| IPO Closing Date | 09 May 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 11,00,000 Shares Worth ₹13.53 Crore Fresh Issue: 11,00,000 Shares Worth ₹13.53 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹123 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Finelistings Technologies IPO – Date Schedule
| IPO Open Date | 07 May 2024 |
| IPO Close Date | 09 May 2024 |
| Basis of Allotment | 10 May 2024 |
| Initiation of Refund | 13 May 2024 |
| Credit of Shares to Demat Account | 13 May 2024 |
| IPO Listing Date | 14 May 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 09, 2024 |
Finelistings Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | ₹1,23,000 |
| Retail (Maximum) | 1 | 1000 | ₹1,23,000 |
| HNI (Minimum) | 2 | 2000 | ₹2,46,000 |
Competitive Strengths
- Diversified business offerings.
- Brands and Customer Experience Driving Powerful Network Effects.
- Quality assurance.
- Experienced Promoters and management team.
Company Promoters
- Aneesh Mathur
- Arjun Singh Rajput
Object Of The Issue
- Purchase of Software;
- To meet working capital requirements; and
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 1.46 | 1.69 | -0.17 | 0.55 |
| 31 March 2022 | 6.94 | 6.97 | -0.08 | 0.46 |
| 31 March 2023 | 13.90 | 11.55 | 1.78 | 0.98 |
| 31 July 2023 | 7.43 | 5.72 | 1.23 | 2.21 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.16% |
| ROCE | 21.73% |
| RoNW | 44.05% |
| P/BV | 8.87 |
| PAT Margin (%) | 19.65 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 7.05 | 8.31 |
| P/E (x) | 17.44 | 14.8 |
Finelistings Technologies IPO Promoter Holding
| Pre Issue Share Holding | 71.65% |
| Post Issue Share Holding | 49.98% |
Finelistings Technologies IPO Prospectus
Company Contact Information
| Finelistings Technologies Limited G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi – 110070 Phone: +91 93551 11911 Email: cs@finelistings.com Website: https://www.finecars.co.in/ |
Finelistings Technologies IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Finelistings Technologies IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Finelistings Technologies IPO FAQs
| What is Finelistings Technologies IPO? Finelistings Technologies IPO is a SME IPO. The issue is priced at ₹123 per equity share. The IPO is to be listed on BSE SME. |
| When Finelistings Technologies IPO will open? The IPO is to open on 07 May 2024 for Retails – 50% and Others – 50% Investors. |
| How to Finelistings Technologies IPO? You can apply for Finelistings Technologies 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 Finelistings Technologies IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Finelistings Technologies”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Finelistings Technologies IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Finelistings Technologies”. Click on the 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 Finelistings Technologies IPO Size? Finelistings Technologies IPO size is ₹13.53 crores. |
| What is Finelistings Technologies IPO Price Band? Finelistings Technologies IPO Price Band is ₹123. |
| What is Finelistings Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,23,000 amount while the maximum bid is 2000 shares with ₹2,46,000. |
| What is the Finelistings Technologies IPO Allotment Date? Finelistings Technologies IPO allotment date is 10 May 2024. |
| What is the Finelistings Technologies IPO Listing Date? Finelistings Technologies IPO listing date is 14 May 2024. The IPO is to list on BSE SME. |
