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AAA Technologies IPO is a fixed price issue of Rs 10.23 crores.
AAA Technologies IPO bidding started from September 30, 2020 and ended on October 5, 2020. The allotment for AAA Technologies IPO was finalized on Thursday, October 8, 2020. The shares got listed on NSE SME on October 13, 2020.
AAA Technologies IPO price is ₹42 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹126,000.
Chartered Finance Management Ltd is the book running lead manager of the AAA Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to AAA Technologies IPO RHP for detailed information.
IPO Date | September 30, 2020 to October 5, 2020 |
Listing Date | October 13, 2020 |
Face Value | ₹10 per share |
Price | ₹42 per share |
Lot Size | 3000 Shares |
Total Issue Size | 2,436,000 shares (aggregating up to ₹10.23 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 6,115,200 |
Share holding post issue | 8,551,200 |
Market Maker portion | 123,000 shares |
AAA Technologies IPO offers 2,436,000 shares. 1,156,500 (47.48%) to NII, 1,156,500 (47.48%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 123,000 (5.05%) |
Other Shares Offered | 1,156,500 (47.48%) |
Retail Shares Offered | 1,156,500 (47.48%) |
Total Shares Offered | 2,436,000 (100%) |
AAA Technologies IPO opens on September 30, 2020, and closes on October 5, 2020.
IPO Open Date | Wednesday, September 30, 2020 |
IPO Close Date | Monday, October 5, 2020 |
Basis of Allotment | Thursday, October 8, 2020 |
Initiation of Refunds | Friday, October 9, 2020 |
Credit of Shares to Demat | Monday, October 12, 2020 |
Listing Date | Tuesday, October 13, 2020 |
Cut-off time for UPI mandate confirmation | 5 PM on October 5, 2020 |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹126,000 |
Retail (Max) | 1 | 3000 | ₹126,000 |
Lot Size Calculator |
Mr. Anjay Ratanlal Agarwal, Mr. Venugopal Madanlal Dhoot, and Mrs. Ruchi Anjay Agarwal are the promoters of the company.
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 71.51% |
Incorporated in 2000, AAA Technologies is an IT and Information Security Auditing & Consulting Company. The company offers a wide range of IT auditing services such as Information System Audit, Cyber Security, IT Assurance & Compliance, Information Security, and IT governance services.
Its product and service portfolio covers IT services and auditing operating systems, networking, IDS, web application, ERP, core banking, ATM, forensic, websites, computer crime investigations, etc. AAA Technologies offer its services across industries such as banking, financial institutions, insurance, NBFCs, government, Panchayats, municipalities, stockbrokers, education, Travel & Transport, Hospitality, Manufacturing, Healthcare, Power, etc.
Competitive Strengths
• Great Quality IT and IT auditing & consulting Services.
• Diversified customer base across industries.
• Strong balance sheet and profitability growth.
• Experienced promoters' team.
• Well-designed capital structure with low dependency over debt.
Particulars | For the year/period ended (Rs in Lacs) | |||
---|---|---|---|---|
31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
Total Assets | 1,420.38 | 942.83 | 1002.56 | |
Total Revenue | 1,424.74 | 1,047.49 | 1,040 | |
Profit After Tax | 369.80 | 206.02 | 99.97 |
The net proceed from the IPO will be used towards following objectives;
• To use funds for expansion and development of business operations.
• To meet the working capital requirements and security deposit towards bank guarantees/LC.
• To meet issue-related expenses.
[Dilip Davda] ATL has posted growth in bottom lines for the last three fiscals. On the basis of P/E and P/BV parameters, the issue appears reasonably priced. Being the first mover in the segment, this issue may get fancy post listing. Investors may consider an investment with a long term perspective. Read detail review...
The AAA Technologies IPO is subscribed 2.39 times on October 5, 2020 5:00:03 PM. The public issue subscribed 2.31 times in the retail category, times in the QIB category, and 2.47 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 2.47 |
Retail | 2.31 |
Total | 2.39 |
Listing Date | October 13, 2020 |
BSE Script Code | |
NSE Symbol | AAATECH |
ISIN | INE0D0U01013 |
Final Issue Price | ₹42 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹42.00 |
₹44.50 |
₹42.30 |
₹44.60 |
₹43.60 |
AAA Technologies Limited
278-280, F Wing, Solaris 1, Saki Vihar Road
Opp. L&T Gate No. 6, Powai
Andheri East, Mumbai - 400072
Phone: +91-22-28573815/16
Email: info@aaatechnologies.co.in
Website: http://www.aaatechnologies.co.in
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aaa.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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AAA Technologies IPO is a SME IPO of 2,436,000 equity shares of the face value of ₹10 aggregating up to ₹10.23 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000 Shares.
The IPO opens on September 30, 2020, and closes on October 5, 2020.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in AAA Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in AAA Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AAA Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AAA Technologies IPO opens on September 30, 2020 and closes on October 5, 2020.
AAA Technologies IPO lot size is 3000 Shares, and the minimum amount required is ₹126,000.
You can apply in AAA Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for AAA Technologies IPO will be done on Thursday, October 8, 2020, and the allotted shares will be credited to your demat account by Monday, October 12, 2020. Check the AAA Technologies IPO allotment status.
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