Precision Metaliks Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

19 Jan 2022

Close Date

24 Jan 2022

Allotment

28 Jan 2022

Listing Date

01 Feb 2022

Exchange

NSE SME

Price Band

₹51

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹51

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

43,00,000 shares (aggregating up to ₹21.93 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹102,000

1 lot

Pre-IPO Holding

1,19,59,066 shares

Promoters

Post-IPO Holding

1,62,59,066 shares

Promoters

P/E (Pre)

19.32x

UPI Deadline

2022-01-24

Mandate

Anchor AllotmentTue, 18 Jan 2022

Basis of AllotmentFri, 28 Jan 2022

Refund InitiationMon, 31 Jan 2022

Demat CreditTue, 01 Feb 2022

Listing DayTue, 01 Feb 2022

UPI Mandate Deadline2022-01-24

Sale TypeFresh Capital

Net Offer to Public40,84,000 shares (aggregating up to ₹20.83 Cr)

Market Maker Quota2,16,000 shares (aggregating up to ₹1.10 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Precision Metaliks Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Jan 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	216,000	—	₹1.10
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,300,000	100%	₹21.93

IPO Shares Offered

Precision Metaliks Ltd. IPO total issue size: ₹21.93 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	216,000	₹1.10	5.02%
Total	4,300,000	₹21.93	100.00%

* Based on upper price band ₹51 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹51.00

Upper Band

Min Investment

₹102,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹204,000
Retail (Max — 13 Lots)	13	26,000	₹1,326,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,428,000
B-HNI (Min — 68 Lots)	68	136,000	₹6,936,000

* Issue Price ₹51 × Lot Size 2,000 shares

IPO Schedule

Anchor

18 Jan 2022

✓ Done

IPO Open

19 Jan 2022

✓ Done

IPO Close

24 Jan 2022

✓ Done

Allotment

28 Jan 2022

✓ Done

Refunds

31 Jan 2022

✓ Done

Demat Credit

01 Feb 2022

✓ Done

Listing Day

01 Feb 2022

✓ Done

₹51.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹51.00 Live Price

About Precision Metaliks Ltd.

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 & ServicesValue-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.Competitive strengthsSpecialized in finishing semi-finished alloy wheels.Low-cost infrastructure and high-end technology.Strong customer relationship.Professional and experienced management team.

Objects of the Issue

1 Meeting additional Working Capital Requirements

2 General Corporate Purpose

Precision Metaliks Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,218.0

31-Mar-20

₹4,924.1

31-Mar-21

₹4,813.4

30-Sep-21

Profit After Tax (PAT)

₹82.4

31-Mar-20

₹149.4

31-Mar-21

₹214.6

30-Sep-21

Particulars	30-Sep-21	31-Mar-21	31-Mar-20
Revenue from Operations	4813.35	4924.13	2217.96
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	214.57	149.35	82.39
Net Worth	N/A	N/A	N/A
Total Assets	2022.96	2147.71	1367.27
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered43,00,000 (100.00%)

Net Offer to Public40,84,000 shares (aggregating up to ₹20.83 Cr)

Reserved for Market Maker2,16,000 shares (aggregating up to ₹1.10 Cr)

Pre-Issue Promoter Holding1,19,59,066 shares

Post-Issue Promoter Holding1,62,59,066 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

First Overseas Capital Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Precision Metaliks Ltd. IPO subscribed? ▲

Precision Metaliks Ltd. IPO is subscribed 1.00 times by Jan 24, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Precision Metaliks Ltd. IPO retail subscription status? ▼

The Precision Metaliks Ltd. IPO retail category is subscribed 1.00 times as of 24 Jan 2022. The retail portion is oversubscribed.

How to subscribe Precision Metaliks Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 19 Jan 2022 and closes 24 Jan 2022. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2022-01-24.

How many times Precision Metaliks Ltd. IPO subscribed? ▼

The Precision Metaliks Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Precision Metaliks Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Jan 2022. Refunds: on 31 Jan 2022.

When Precision Metaliks Ltd. IPO will be listed? ▼

The Precision Metaliks Ltd. IPO listing date is 01 Feb 2022, Tuesday. Listed on: NSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When Precision Metaliks Ltd. IPO close? ▼

The Precision Metaliks Ltd. IPO closes on 24 Jan 2022, Monday. UPI mandate: 2022-01-24. Allotment: 28 Jan 2022. Listing: 01 Feb 2022.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹51.00

Change—

Issue Price₹51.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹51

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹102,000

GMPNIL

Est. Listing₹51

Subscribed1.00x

Open Date19 Jan 2022

Close Date24 Jan 2022

Allotment28 Jan 2022

Listing Date01 Feb 2022

ExchangeNSE SME

UPI Deadline2022-01-24