Anlon Technology Solutions Limited IPO : Company Info. and Financials

Anlon Technology Solutions Limited initiated its business operations in 2015. The company is involved in the business of providing engineering services. The major segments that it provides services to are Airports, Refineries and High-rise buildings. 

It provides services such as Airport rescue and Fire Fighting vehicles, Runway Rubber Removal and paint removal machines, High rise building rescue, evacuation and fire fighting equipment, Disabled Aircraft Recovery Kit, Industrial Engines and Supply of Airport Interior Equipments. 

Anlon Technology has two major business bifurcations. The first one is Engineering Services and the second one is Designing, fabrication and installation services. 

Its client base is spread across in Bangalore, Delhi, Kurnool, Jamnagar, Barmer, Lucknow, Mangalore, Mumbai, Thane, Hyderabad, Kannur, Kolkata, Ahmedabad, Guwahati and Chennai.

IPO DETAILS

Anlon Technology Solutions Limited IPO is set to launch on 29 Dec., 2022. The subscription timeline extends till 2 Jan, 2023. The size for the IPO is 15 Crore Rs.. Shares issued through fresh issues are worth 15 Crore Rs. No Shares are issued through Offer For Sale mode. The lot size is 1200 shares and the price is 95 Rs to 100 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 Link Intime Private Limited.

TABULAR REPRESENTATION OF IPO DETAILS

IPO OPENING DATE	29 Dec., 2022
CLOSING DATE FOR IPO	2 Jan, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	95 Rs. to 100 Rs per share
LOT SIZE	1200 shares
MINIMUM ORDER QUANTITY	1200 shares
ISSUE SIZE	15 Crore Rs.
OFFER FOR SALE	No shares Issued
FRESH ISSUE	15 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	10 Jan, 2023

IMPORTANT DATES

IPO OPENING DATE	29 Dec., 2022
CLOSING DATE FOR IPO	2 Jan, 2023
IPO ALLOTMENT DATE	5 Jan, 2023
REFUNDS	6 Jan, 2023
DEMAT A/C CREDITED ON	9 Jan, 2023
IPO LISTING DATE	10 Jan, 2023

Anlon Technology Solutions Limited IPO begins for subscription from 29 Dec., 2022. The IPO subscription would continue till 2 Jan, 2023. The allotment status for the shareholders who applied would come on 5 Jan, 2023. The refunds for the ones who did not get allotment would be initiated on 6 Jan, 2023. The DEMAT accounts of shareholders would be credited on 9 Jan, 2023. The listing of the company would be accompanied on 10 Jan, 2023.

Lead Managers

The lead managers are :

• GYR Capital Advisors Limited

The minimum lot size for the company is decided at 1200 shares. This holding accounts to  120000 Rs.. The maximum lot size is decided at 2400 shares (HNI). This amounts to 240000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	1200 shares	120000 Rs.
Maximum	2400 shares	240000 Rs.

OBJECTIVES FOR THE IPO

• For General corporate purposes.
• The funds can be used for working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2021-22	2020-21	2019-20
ASSETS	2096	1553	1106
Revenue	1958	1444	1381
PAT	243	74	69

Anlon Technology Solutions Limited has an asset base of 2096 Lakh Rs in 2022. The company had assets worth 1106 Lakh Rs in 2020. From there the asset increased to 1553 Lakh Rs in 2021. Hence the company is rapidly expanding itself to make its mark in the competitive market segment. Apart from this it is generating an increased revenue every year starting from 1381 Lakh Rs in 2020 to 1444 Lakh Rs in 2021 and 1958 Lakh Rs in 2022. The company’s profits have taken a huge jump in 2022. The profits were 69 Lakh Rs in 2020 and 74 lakh Rs in 2021 but in 2021 the same increased to 243 Lakh Rs.

PROS

• Anlon Technology Limited has a huge list of services that it can provide. This includes services such as Airport rescue and Fire Fighting vehicles, Runway Rubber Removal and paint removal machines, High rise building rescue, evacuation and fire fighting equipment, Disabled Aircraft Recovery Kit, Industrial Engines and Supply of Airport Interior Equipments.
• The company has a 24*7 availability for the customers.
• Its customer base is spread across India in locations such as Bangalore, Delhi, Kurnool, Jamnagar, Barmer, Lucknow, Mangalore, Mumbai, Thane, Hyderabad, Kannur, Kolkata, Ahmedabad, Guwahati and Chennai.

CONS

• The company works in a highly competitive segment.

Anlon Technology Solutions 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 :

1. Logging into Zerodha console through its website or KITE platform.
2. Clicking the IPO link present in the Portfolio section.
3. Click the Anlon Technology Solutions Limited IPO button and press the BID button.
4. Entering the details asked for like UPI ID, Quantity and price.
5. Submit the application form for the IPO.
6. 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.