Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.
Key Products & Services
- Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.
- Automated cleaning of Aluminium chips + briquetting into Ingots.
- Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.
- Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.
- Specialized in finishing semi-finished alloy wheels.
- Low-cost infrastructure and high-end technology.
- Strong customer relationship.
- Professional and experienced management team.
Abhishek Business Pvt Ltd and Jayanthi Roja Ramani are the company promoters.
|Particulars||For the year/period ended (₹ in Lakhs)|
|Profit After Tax||214.57||149.35||82.39||0.46|
Objects Of The Issue
- Meet additional working capital requirements.
- General corporate purposes.
Precision Metaliks IPO Details
|IPO Opening Date||Jan 19, 2022|
|IPO Closing Date||Jan 24, 2022|
|Issue Type||Fixed Price Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹51 per equity share|
|Market Lot||2000 Shares|
|Min Order Quantity||2000 Shares|
|Listing At||NSE SME|
|Issue Size||4,300,000 Eq Shares of ₹10|
(aggregating up to ₹21.93 Cr)
Precision Metaliks IPO Tentative Timetable
|IPO Open Date||Jan 19, 2022|
|IPO Close Date||Jan 24, 2022|
|Basis of Allotment Date||Jan 28, 2022|
|Initiation of Refunds||Jan 31, 2022|
|Credit of Shares to Demat Account||Feb 1, 2022|
|IPO Listing Date||Feb 2, 2022|
Precision Metaliks IPO Lot Size
Precision Metaliks IPO Promoter Holding
|Pre Issue Share Holding||79.70%|
|Post Issue Share Holding||58.62%|
Precision Metaliks IPO Prospectus
Company Contact Information
|Precision Metaliks Limited|
6-3-855/10/A, Flat No. 4A, Sampathji Apartments
Saadat Manzil, Ameerpet,
Phone: 91 891 4884132
Precision Metaliks IPO Registrar
|Bigshare Services Pvt Ltd|
Phone: +91-22-6263 8200
Precision Metaliks IPO FAQs
|When Precision Metaliks IPO will open?|
The Precision Metaliks IPO dates are 19 Jan 2022 To 24 Jan 2022.
|What is the lot size of Precision Metaliks IPO?|
Precision Metaliks IPO lot size and the minimum order quantity is 2000 Shares.
|How to apply for Precision Metaliks IPO?|
You can apply in Precision Metaliks IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
|When is Precision Metaliks IPO listing date?|
The Precision Metaliks IPO listing date is not announced. The date of Precision Metaliks IPO listing is [02 Feb 2022].