Presstonic Engineering Limited IPO (Presstonic Engineering IPO)

Presstonic Engineering Limited IPO
Upcoming Presstonic Engineering IPO | New Presstonic Engineering IPO

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

Presstonic Engineering IPO – Details

IPO Opening Date11 December 2023
IPO Closing Date13 December 2023
Issue TypeFixed Price Issue IPO
Issue Size32,36,800 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 Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterCameo Corporate Services Limited
Other Shares Offered50%
Retail Shares Offered50%

Presstonic Engineering IPO – Date Schedule

IPO Open Date11 December 2023
IPO Close Date13 December 2023
Basis of Allotment14 December 2023
Initiation of Refund15 December 2023
Credit of Shares to Demat Account15 December 2023
IPO Listing Date18 December 2023
Cut-off time for UPI mandate confirmation5 PM on Dec 13, 2023

Presstonic Engineering IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)116001,15,200
Retail (Maximum)116001,15,200
HNI (Minimum)232002,30,400

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.
Presstonic Engineering IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20217.697.91-0.1717.75
31 March 202212.7212.500.1417.97
31 March 202321.1317.572.5616.45
Amount in ₹ Crore

Key Performance Indicator

P/E (x)6.28
EPS (Rs)5.73

Presstonic Engineering IPO Promoter Holding

Pre Issue Share Holding99.97%
Post Issue Share Holding57.99%

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

Presstonic Engineering IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Presstonic Engineering IPO Lead Manager(s)

1. Finshore Management Services Limited

Presstonic Engineering IPO FAQs

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.
Share Market IPO App
Previous articleSiyaram Recycling Industries Limited IPO (Siyaram Recycling IPO)
Next articleShree OSFM E-Mobility Limited IPO (Shree OSFM E-Mobility IPO)