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Containe Technologies IPO is a fixed price issue of Rs 2.62 crores. The issue is entirely a fresh issue of 17.44 lakh shares.
Containe Technologies IPO bidding started from September 20, 2022 and ended on September 22, 2022. The allotment for Containe Technologies IPO was finalized on Tuesday, September 27, 2022. The shares got listed on BSE SME on September 30, 2022.
Containe Technologies IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (16,000 shares) amounting to ₹240,000.
Finshore Management Services Limited is the book running lead manager of the Containe Technologies IPO, while Cameo Corporate Services Limited is the registrar for the issue.
Refer to Containe Technologies IPO RHP for detailed information.
IPO Date | September 20, 2022 to September 22, 2022 |
Listing Date | September 30, 2022 |
Face Value | ₹10 per share |
Price | ₹15 per share |
Lot Size | 8000 Shares |
Total Issue Size | 1,744,000 shares (aggregating up to ₹2.62 Cr) |
Fresh Issue | 1,744,000 shares (aggregating up to ₹2.62 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 4,500,000 |
Share holding post issue | 6,244,000 |
Market Maker portion | 88,000 shares |
Containe Technologies IPO offers 1,744,000 shares. 832,000 (47.71%) to NII, 832,000 (47.71%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 88,000 (5.05%) |
Other Shares Offered | 832,000 (47.71%) |
Retail Shares Offered | 832,000 (47.71%) |
Total Shares Offered | 1,744,000 (100%) |
Containe Technologies IPO opens on September 20, 2022, and closes on September 22, 2022.
IPO Open Date | Tuesday, September 20, 2022 |
IPO Close Date | Thursday, September 22, 2022 |
Basis of Allotment | Tuesday, September 27, 2022 |
Initiation of Refunds | Wednesday, September 28, 2022 |
Credit of Shares to Demat | Thursday, September 29, 2022 |
Listing Date | Friday, September 30, 2022 |
Cut-off time for UPI mandate confirmation | 5 PM on September 22, 2022 |
Investors can bid for a minimum of 8000 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 | 8000 | ₹120,000 |
Retail (Max) | 1 | 8000 | ₹120,000 |
HNI (Min) | 2 | 16,000 | ₹240,000 |
Lot Size Calculator |
Mr. Anand Kumar Seethala and Mrs. Botcha Bhavani are the company promoters.
Share Holding Pre Issue | 99.99% |
Share Holding Post Issue | 72.07% |
Incorporated in 2008, Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies Limited is an ISO 9001:2015 certified organization engaged in the business of Design, Development, Manufacturing, Supply & Service of Electronic Speed Limiting Devices and GSM/GPRS/GPS/IRNSS based Communication & Controlling Vehicle Location Tracking Devices, Marketing & Sales of IoT Devices & Lithium Ion Battery Operated 2- wheeler & 3-wheeler Auto Rickshaw.
The company is manufacturing electronic Speed Limiting Device (SLD), "MOTOREYE & LIMITS" Brand Electronic Fuel Regulator & Pedal Interface, suitable for the latest Vehicle of BS-IV Standards to the Oldest Vehicles.
Containe Technologies Limited have one manufacturing unit at Marriguda, Secunderabad, Hyderabad. The company's products are mainly sold through distributors and dealers.
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-20 | 625.5 | 292.29 | 5.39 |
31-Mar-21 | 720.73 | 60.43 | 0.66 |
31-Mar-22 | 800.4 | 206.98 | 4.34 |
Amount in ₹ Lakhs |
The market capitalization of Containe Technologies IPO is Rs 9.37 Cr.
Pre IPO | Post IPO | |
---|---|---|
P/E (x) | 214 |
The Objects of the Issue are:
A. To meet the working capital requirements
B. To meet the Issue Expenses
C. General Corporate Purposes
[Dilip Davda] CTL has not performed to match its asking price. There has been garble in IPO-related expenses and general corporate expenses data in offer documents. Based on FY22 earnings, the issue is exorbitantly priced. There is no harm in ignoring this pricy issue. Read detail review...
The Containe Technologies IPO is subscribed 121.31 times on September 22, 2022 6:57:00 PM. The public issue subscribed 86.33 times in the retail category, times in the QIB category, and 155.13 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 155.13 |
Retail | 86.33 |
Total | 121.31 |
Listing Date | September 30, 2022 |
BSE Script Code | 543606 |
NSE Symbol | |
ISIN | INE0M8901010 |
Final Issue Price | ₹15 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹15.00 |
₹22.00 |
₹20.90 |
₹23.10 |
₹23.10 |
Containe Technologies Ltd
H. No. 3-13-142/ 341P,
342, Gokul Nagar, Marriguda
Mallapur, Secunderabad, Hyderabad – 500076
Phone: cs@containe.in
Email: +91 81432 24767
Website: http://www.containe.in/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
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Containe Technologies IPO is a SME IPO of 1,744,000 equity shares of the face value of ₹10 aggregating up to ₹2.62 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
The IPO opens on September 20, 2022, and closes on September 22, 2022.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Containe Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Containe Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Containe Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Containe Technologies IPO opens on September 20, 2022 and closes on September 22, 2022.
Containe Technologies IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.
You can apply in Containe 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 Containe Technologies IPO will be done on Tuesday, September 27, 2022, and the allotted shares will be credited to your demat account by Thursday, September 29, 2022. Check the Containe Technologies IPO allotment status.
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