1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
40,68,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 49.85 | 45.22 | 32.16 | 4.21 |
| Total Income | 143.21 | 433.03 | 257.07 | 22.63 |
| Profit After Tax | 2.13 | 6.15 | 3.53 | 0.21 |
| NET Worth | 14.65 | 12.52 | 4.73 | 1.21 |
| Reserves and Surplus | 5.16 | 10.43 | 3.73 | 0.21 |
| Total Borrowing | 28.57 | 26.51 | 9.71 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Seemax Resources Ltd. | SME | ₹19.74 Cr | ₹141 | 18.91 | ₹107.20 | -23.97% | ₹50.20 (-3.92%) |
| Jinkushal Industries Ltd. | Mainboard | ₹116.15 Cr | ₹121 | 18.8 | ₹121.66 | +0.55% | ₹96.69 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of a state-of-the-art office-cum-warehouse facility | 7.50 |
| 2 | To meet working capital requirements | 9.07 |
| 3 | General Corporate Purpose | |
| 4 | Issue Expenses |
About Kanone Technologies IPO
Incorporated in September 2021, Kanone Technologies Limited is engaged in merchandising, and exporting electronic goods like consumer electronics, home appliances, communication devices, and accessories. Kanone Technologies Limited began operations in September 2021, exporting mobile phones and accessories to Dubai, with 90% of exports via air and the rest via sea ports in Mumbai, Kochi, and Chennai. Business Verticals: Offline Market: Smartphones & Tablets: Exporting leading brands to Dubai via Mumbai, Kochi, Delhi. Hair Dryers/Vacuum: Exporting hair dryers and vacuum cleaners with superior technology. Accessories: Offering quality accessories like ear pods, chargers, covers, and speakers. Online Market: E Commerce: In the last quarter of the financial year 2024-25, the company successfully launched the sale of its products through e-commerce websites. While exports continue to be the core pillar of the business. Competitive Strengths: Experienced management team with proven project management and implementation skills. Diversified product portfolio Optimal product mix and strong supply chain. Long term relationship with clients and repeated orders Quality Assurance and Standards
Contact Details
Kanone Technologies Ltd. AddressB4(1) 46/2678,Kaniyapilly Road, Chakkaraparambu Vennala,P.O Ernakulam, Vennala, ErnakulamErnakulam, Kerala, 682028+91 7420010525kanonetechnologies@gmail.comVisit Website