TCS, HDFCBANK, SBI Liquid Fund (G)
IPO Details
Bidding Dates
12 Jul 24 - 16 Jul 24
Price Range ₹
82 - 87
Total Equity
₹ 25.15Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
12 Jul 2024
Offer end
16 Jul 2024
Allotment
18 Jul 2024
Refund initiation
19 Jul 2024
Demat transfer
19 Jul 2024
Listing
22 Jul 2024
Offer start
12 Jul 2024
Offer end
16 Jul 2024
Allotment
18 Jul 2024
Refund initiation
19 Jul 2024
Demat transfer
19 Jul 2024
Listing
22 Jul 2024
About Company
Year Founded
10-02-2017
Promotor Details
Mitali Dasharathbharthi Gauswami
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 93.59 | 0 |
| Share Capital | 7299989 | 0 |
Offer to Public
28,91,200.00 Cr
Project Details
- Funding of capital expenditure requirements of our Company - 41.91cr
- Funding Working Capital Requirements of our Company - 140cr
Objectives
- Funding of capital expenditure requirements of our Company towards setting up of Display Centre in Ahmedabad, Gujarat.Funding Working Capital Requirements of our Company.General corporate purposes.
Highlights
- The company offers a wide variety of CCTV systems, from basic residential cameras to advanced commercial options, catering to different market needs.
- Holding multiple ISO certifications (ISO 9001:2015, ISO 14001:2015, ISO 27001:2013) demonstrates a strong commitment to quality management, environmental responsibility, and information security.
- The company's extensive distribution network across 17 states and two union territories in India ensures a broad market presence and accessibility.
- Consistent increase in revenue and profit over the last three fiscal years indicates robust business growth and financial stability.
- The inclusion of advanced features like face detection and broadcasting capabilities in its product line highlights the company's focus on innovation and technological leadership in the security and surveillance industry.
Challenges
- A significant portion of the company’s revenue comes from its top five customers. The loss of any of these key clients could severely impact profitability.
- A substantial majority of the company’s revenue is generated from Gujarat. Any adverse events in this region could significantly affect the company's financial health.
- The company’s heavy dependence on the sale of CCTV systems means that any decline in this segment could negatively impact overall revenue.
- The company's operations are highly reliant on its assembly activities. Any disruption in these facilities could pose financial challenges.
- The company faces pricing pressure from customers, which could affect its gross margin, profitability, and ability to implement price increases.
