All E Technologies Limited initiated its business operations in 2000. The company is involved in Microsoft business Applications and Digital Transformation. It offers the client with updated and secured applications for a smooth working ahead. The company puts together integrated operational systems like ERP, Mobile Apps, Collaboration Portals, CRM to help businesses get insightful data.
The company also provides its services to offshore clients. Its office is located in Noida and post COVID its entire workforce has shifted to work from home model. The total employees are 330 and it has served more than 750 customers in 20 years.
IPO DETAILS
All E Technologies Limited IPO is set to launch on 9 Dec., 2022. The subscription timeline extends till 13 Dec., 2022. The size for the IPO is Crore Rs.. Shares issued through fresh issues are worth Crore Rs. No Shares are issued through Offer For Sale mode. The lot size is shares and the price is Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a book built issue. The registrar for the company is Skyline Financial Services Limited.
TABULAR REPRESENTATION OF IPO DETAILS
| IPO OPENING DATE | 9 Dec., 2022 |
| CLOSING DATE FOR IPO | 13 Dec., 2022 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | Rs. |
| LOT SIZE | shares |
| MINIMUM ORDER QUANTITY | shares |
| ISSUE SIZE | Crore Rs. |
| OFFER FOR SALE | No shares Issued |
| FRESH ISSUE | Crore Rs. |
| LISTING AT | NSE SME |
| LISTING DATE | 21 Dec., 2022 |
IMPORTANT DATES
| IPO OPENING DATE | 9 Dec., 2022 |
| CLOSING DATE FOR IPO | 13 Dec., 2022 |
| IPO ALLOTMENT DATE | 16 Dec., 2022 |
| REFUNDS | 19 Dec., 2022 |
| DEMAT A/C CREDITED ON | 20 Dec., 2022 |
| IPO LISTING DATE | 21 Dec., 2022 |
All E Technologies Limited IPO begins for subscription from 9 Dec., 2022. The IPO subscription would continue till 13 Dec., 2022. The allotment status for the shareholders who applied would come on 16 Dec., 2022. The refunds for the ones who did not get allotment would be initiated on 19 Dec., 2022. The DEMAT accounts of shareholders would be credited on 20 Dec., 2022. The listing of the company would be accompanied on 21 Dec., 2022.
Lead Managers
The lead managers are :
- Unistone Capital Private Limited
The minimum lot size for the company is decided at shares. This holding accounts to Rs.. The maximum lot size is decided at shares. This amounts to Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | shares | Rs. |
| Maximum | shares | Rs. |
OBJECTIVES FOR THE IPO
- For General corporate purposes.
- All E Technologies Limited is planning for expansion.
COMPANY FINANCIALS
| Particularly (in Lakh Rs.) | 2021-22 | 2020-21 | 2019-20 |
| ASSETS | 6350 | 5587 | 4205 |
| Revenue | 7234 | 6328 | 5529 |
| PAT | 822 | 973 | 179 |
All E Technologies Limited has an asset base of 6350 Lakh Rs in 2022. The assets of the same were 4205 Lakh Rs in 2020 which increased to 5587 Lakh Rs in 2021. This means that the company’s overall assets increased by 2100 Lakh rs approx. Alongside this the revenue generated by the firm was 5529 Lakh Rs in 2020. This increased to 6328 Lakh Rs in 2021 and 7234 Lakh Rs in 2022. This is great as the company is generating more revenue than its assets which is excellent.
On the other hand the company was generating a profit of 179 Lakh Rs in 2022. This increased to 973 lakh Rs in 2021 and 822 Lakh Rs in 2022. The profits of the company decreased in 2022 which is contrary when compared to the revenue generation and asset base of the company. Hence the profitability has taken a hit of 150 Lakh Rs in 2022. However the company has still managed to generate huge profits in 2022 when compared to 2020.
PROS
- All E Technologies Limited puts together integrated operational systems like ERP, Mobile Apps, Collaboration Portals, CRM to help businesses get insightful data.
- The company also provides its services to offshore clients.
- All E Technologies Limited has a total employee base of 330 and it has served more than 750 customers in 20 years.
CONS
- The company works in a highly competitive segment.
All E Technologies Limited IPO APPLICATION PROCESS WITH ZERODHA
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform.
- Clicking the IPO link present in the Portfolio section.
- Click the All E Technologies Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
