Brisk Technovision Limited IPO
Open Date: | 22-Jan-2024 |
Close Date: | 24-Jan-2024 |
Allotment Date: | 25-Jan-2024 |
Listing Date: | 30-Jan-2024 |
Listing Price: | N/A |
Face Value: | ₹10 Per Equity Share |
Issue Price: | ₹156 Per Equity Share |
Issue Size: | Total Issue Size 800,000 shares (aggregating up to ₹12.48 Cr) : Fresh Issue [.] shares (aggregating up to ₹0.00 Cr) : Offer for Sale 800,000 shares of ₹10 (aggregating up to ₹12.48 Cr) |
Market Lot (Min Amount): | Retail - ₹124,800 : HNI - ₹249,600 |
As on | QIB / Nll | Rll | Total |
---|---|---|---|
Shares Offered/Reserved | 380,000 | 380,000 | 760,000 |
Day 1 - 23-01-24 05:00 PM | 0.97x | 2.29x | 1.63x |
Day 2 - 24-01-24 05:00 PM | 2.01x | 6.21x | 4.11x |
Day 3 - 25-01-24 05:00 PM | 58.14x | 35.87x | 47.10x |
Total No. of Application: | 22,186 (Approx.) | ||
Retail Subscription on the basis of Apps: | 46.71x |
Earning Per Share(EPS) | ₹9.95/- |
P/E Ratio | 15.69 |
RoNW | 41.56% |
Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
Total Assets | Total Revenue | Profit After Tax | |
---|---|---|---|
31 Sep,2023 | 1,423.40 | 1,577.27 | 152.48 |
31 Mar,2023 | 679.73 | 1,840.30 | 198.90 |
31 Mar,2022 | 661.82 | 2,207.63 | 109.54 |
31 Mar,2021 | 562.52 | 1,691.02 | 14.51 |
Pre Issue Share Holding | 99.99% |
Post Issue Share Holding | 59.99% |
1. Sankarnarayanan Ramasubramanian |
2. Ganapati Chittaranjan Kenakre |
The company will not receive any proceeds from the Offer, and all such proceeds will go to the Selling Shareholders. The company expects that listing of the Equity Shares will have several positive effects, including enhancing the visibility and brand image. Moreover, it is anticipated that it will boost the company's goodwill and provide liquidity to the Shareholders and will also provide a public market for the Equity Shares in India.
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.
The company's main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.
As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.
The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.
The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.
As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.