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Open
24 Apr to 6 May, 2019
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Close
24 Apr to 6 May, 2019
3
Allotment
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Listing
Tue, May 14, 2019
Price Band
₹54 to ₹60
Issue Size
70,00,000 shares (agg. up to ₹42 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, May 14, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 64.85 | 67.33 | 19.69 | 13.79 |
| Total Income | 52.42 | 89.51 | 47.24 | 45.34 |
| Profit After Tax | 5.93 | 9.53 | 1.77 | 1.55 |
| EBITDA | 9.73 | 15.03 | 3.10 | 2.46 |
| NET Worth | 23.90 | 17.97 | 8.44 | 6.67 |
| Reserves and Surplus | 10.59 | 13.54 | 4.01 | 2.24 |
| Total Borrowing | 11.38 | 12.28 | 0.42 | 0.35 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long term working capital requirements | 22.07 |
| 2 | Purchase of machinery / equipment | 5.08 |
| 3 | General corporate purposes | 9.88 |
About Artemis Electricals IPO
Incorporated in 2009, Mumbai based Artemis Electricals Limited is engaged in manufacturing and trading of LED lights and LED lighting accessories. The company manufactures and trades indoor and outdoor LED luminaries.The company manufactures LED drivers at its manufacturing facility located in Vasai. They use third-party manufacturing facilities for manufacturing of LED bulbs. The finished products are delivered to Original Equipment Manufacturer (OEM) who in terms apply-in their brand and sale to the retail customers.As of Jan 2019, the company has 32 employees and 11 contractors. Two of the company employees are in R&D.ProductsThe company manufactures products in 2 categories; Indoor Lighting and Outdoor Lighting. The product line of the company includes LED Panel Lights, LED Street Lights, Solar LED Street Lights, LED Down Lights, LED Surface Down Lights, Pendant Downlights, LED Spot Lights, LED Batten Lights, LED Architectural Lights, LED Focus Lights, LED Bulbs.The company also manufactures and trade in Solar charge controllers, Solar powered LED Batten Lights, Solar powered LED Down Lights, Solar powered LED Street Lights, Solar powered LED Bulbs, Solar powered Fans, Solar po
Contact Details
Artemis Electricals Ltd. AddressArtemis Complex, Gala No.105 & 108National Express HighwayVasai (East), Dist.PalgharPalghar, Maharashtra, 401208+91-7875315577contact@artemiselectricals.comVisit Website