Presstonic Engineering Limited manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, Infrastructure Products and supplies to renowned Global and Domestic OEM’s engaged in the Rail and Metro Rail Rolling stock and Signalling equipments manufacturing and servicing companies.
The company’s manufacturing facility and R&D Division are situated in Bangalore. The company’s manufacturing facility is spread over approx. 28,317.50 sq.ft.
The range of products under our manufacturing capabilities is:
- Metro Rail Rolling Stock Products:
- Rolling Stock Interior Products: Saloon Bucket/Plain Type Seat, Custom Colored Engineered Handles, Grab Pole System, Hand Rail System, Emergency Evacuation Ramp, Honeycomb Partition Panels etc.
- Rolling Stock Non-Interior Products: Aluminum Cable Management Systems, Cab Handrail, Under Carriage Frame Module, Air Handling Unit, Battery Box, Equipment Mounting Frames, Gangway Frame, Driver Foot Rest Assembly, Enclosure Box, Driver Simulator Cabin etc.
- Metro Rail Signaling Products:
- IP Rated Enclosures, Beacon Mounting Brackets, Ballast less Support Bracket, DCS Mast, Ladder Assembly with DCS Mast Platform etc.
- Infrastructure Products:
- Steel Structure and Aluminum Murals, Support Structure for Solar Panels, Wire Form and Cable Trays etc.
Presstonic Engineering Limited supplies products to diversified industries along with State Govt. Central Govt. and PSUs.
Presstonic Engineering IPO – Details
| IPO Opening Date | 11 December 2023 |
| IPO Closing Date | 13 December 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 32,36,800 Shares Worth ₹23.30 Crore Fresh Issue: 32,36,800 Shares Worth ₹23.30 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹72 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Cameo Corporate Services Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Presstonic Engineering IPO – Date Schedule
| IPO Open Date | 11 December 2023 |
| IPO Close Date | 13 December 2023 |
| Basis of Allotment | 14 December 2023 |
| Initiation of Refund | 15 December 2023 |
| Credit of Shares to Demat Account | 15 December 2023 |
| IPO Listing Date | 18 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 13, 2023 |
Presstonic Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,15,200 |
| Retail (Maximum) | 1 | 1600 | 1,15,200 |
| HNI (Minimum) | 2 | 3200 | 2,30,400 |
Company Promoters
- Mr. Herga Poornachandra Kedilaya
- Mr. Yermal Giridhar Rao
Object Of The Issue
- Funding Capital Expenditure toward purchase of additional plant and machinery.
- Prepayment in full of certain borrowings availed by the Company.
- Working Capital Requirements.
- General Corporate Purpose.
- Issue Related Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 7.69 | 7.91 | -0.17 | 17.75 |
| 31 March 2022 | 12.72 | 12.50 | 0.14 | 17.97 |
| 31 March 2023 | 21.13 | 17.57 | 2.56 | 16.45 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 6.28 |
| ROE | 115% |
| ROCE | 87% |
| Debt/Equity | 0.98 |
| EPS (Rs) | 5.73 |
| RoNW | 51.92% |
Presstonic Engineering IPO Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | 57.99% |
Presstonic Engineering IPO Prospectus
Company Contact Information
| Presstonic Engineering Limited Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, 560091 Phone: +91 80 23480001 Email: cs@presstonengg.com Website: https://presstonic.com/ |
Presstonic Engineering IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: ipo@cameoindia.com Website: https://ipo.cameoindia.com/ |
Presstonic Engineering IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
Presstonic Engineering IPO FAQs
| What is Presstonic Engineering IPO? Presstonic Engineering IPO is a SME IPO. The issue is priced at ₹72 per equity share. The IPO is to be listed on NSE SME. |
| When Presstonic Engineering IPO will open? The IPO is to open on 11 December 2023 for Retail – 50% and Other – 50% Investors. |
| How to Presstonic Engineering IPO? You can apply Presstonic Engineering 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 Presstonic Engineering IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Presstonic Engineering”. 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 Presstonic Engineering IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Presstonic Engineering”. 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 Presstonic Engineering IPO Size? Presstonic Engineering IPO size is ₹23.30 crores. |
| What is Presstonic Engineering IPO Price Band? Presstonic Engineering IPO Price Band is ₹72. |
| What is Presstonic Engineering IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,15,200 amount while the maximum bid is 1600 shares with ₹1,15,200. |
| What is the Presstonic Engineering IPO Allotment Date? Presstonic Engineering IPO allotment date is 14 December 2023. |
| What is the Presstonic Engineering IPO Listing Date? Presstonic Engineering IPO listing date is 18 December 2023. The IPO is to list on NSE SME. |
