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Open
19 Jan 2022
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Close
24 Jan 2022
3
Allotment
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Listing
Tue, Feb 1, 2022
Price Band
₹51 per share
Issue Size
43,00,000 shares (agg. up to ₹22 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Feb 1, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.04x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 20.23 | 21.48 | 13.67 | 3.03 |
| Total Income | 48.13 | 49.24 | 22.18 | 0.05 |
| Profit After Tax | 2.15 | 1.49 | 0.82 | 0.00 |
| EBITDA | 2.66 | 1.65 | 0.88 | 0.01 |
| NET Worth | 17.51 | 15.36 | 10.58 | 0.47 |
| Reserves and Surplus | 5.55 | 14.10 | 9.55 | 0.42 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pavna Industries Ltd. | SME | ₹29.70 Cr | ₹165 | null | ₹165.50 | +0.30% | ₹16.80 (-1.73%) |
| S.J.S.Enterprises Ltd. | Mainboard | ₹800.00 Cr | ₹542 | null | ₹510.20 | -5.87% | ₹2,138.90 (-1.40%) |
| Sansera Engineering Ltd. | Mainboard | ₹1,282.52 Cr | ₹744 | null | ₹818.55 | +10.02% | ₹3,252.40 (-0.12%) |
| Rolex Rings Ltd. | Mainboard | ₹731.00 Cr | ₹900 | null | ₹1,167.00 | +29.67% | ₹155.51 (-0.19%) |
| Sona BLW Precision Forgings Ltd. | Mainboard | ₹5,550.00 Cr | ₹291 | null | ₹361.20 | +24.12% | ₹683.40 (+2.05%) |
| Craftsman Automation Ltd. | Mainboard | ₹823.70 Cr | ₹1490 | null | ₹1,435.60 | -3.65% | ₹9,101.00 (-1.40%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting additional Working Capital Requirements | 16.00 |
| 2 | General Corporate Purpose | 4.43 |
About Precision Metaliks IPO
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 & Services Value-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 strengths Specialized in finishing semi-finished alloy wheels. Low-cost infrastructure and high-end technology. Strong customer relationship. Professional and experienced management team. + Read More
Contact Details
Precision Metaliks Ltd. Address6-3-855/10/A, Flat No.4A, Sampathji ApartmentsSaadat Manzil, AmeerpetHyderabad, Telangana, 50001691 891 4884132cs@precision-metaliks.comVisit Website