Finelistings Technologies Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

07 May 2024

Close Date

09 May 2024

Allotment

10 May 2024

Listing Date

14 May 2024

Exchange

BSE SME

Price Band

₹123

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹123

Per share

Face Value

₹10 per share

Lot Size

1,000 Shares

per lot

Issue Size

11,00,000 shares (aggregating up to ₹13.53 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹123,000

1 lot

Pre-IPO Holding

25,36,250 shares

Promoters

Post-IPO Holding

36,36,250 shares

Promoters

P/E (Pre)

17.44x

P/E (Post)

14.8x

EPS (Pre)

₹7.05

EPS (Post)

₹8.31

UPI Deadline

2024-05-09

Mandate

Anchor AllotmentMon, 06 May 2024

Basis of AllotmentFri, 10 May 2024

Refund InitiationMon, 13 May 2024

Demat CreditMon, 13 May 2024

Listing DayTue, 14 May 2024

UPI Mandate Deadline2024-05-09

Sale TypeFresh Capital

Net Offer to Public10,42,000 shares (aggregating up to ₹12.82 Cr)

Market Maker Quota58,000 shares (aggregating up to ₹0.7134 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Finelistings Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 May 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	58,000	—	₹0.71
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,100,000	100%	₹13.53

IPO Shares Offered

Finelistings Technologies Ltd IPO total issue size: ₹13.53 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	58,000	₹0.71	5.27%
Total	1,100,000	₹13.53	100.00%

* Based on upper price band ₹123 per share

Lot Size & Investment

Lot Size

1,000

Shares per Lot

Issue Price

₹123.00

Upper Band

Min Investment

₹123,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,000	₹246,000
Retail (Max — 13 Lots)	13	13,000	₹1,599,000
S-HNI (Min — 14 Lots)	14	14,000	₹1,722,000
B-HNI (Min — 68 Lots)	68	68,000	₹8,364,000

* Issue Price ₹123 × Lot Size 1,000 shares

IPO Schedule

Anchor

06 May 2024

✓ Done

IPO Open

07 May 2024

✓ Done

IPO Close

09 May 2024

✓ Done

Allotment

10 May 2024

✓ Done

Refunds

13 May 2024

✓ Done

Demat Credit

13 May 2024

✓ Done

Listing Day

14 May 2024

✓ Done

₹123.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹123.00 Live Price

About Finelistings Technologies Ltd

Incorporated in 2018, Finelistings Technologies Limited is engaged in various businesses, namely (a) retail of used luxury cars and (b) software development services.1. Retail used luxury cars: In this segment, the Company sells used premium and high-end luxury vehicles with an average selling price of ₹ 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. The company offers after-sales services and repairs through affiliated service centers. The company also helps its customers get financial support from third-party financiers. The company commenced operations and opened its first showroom under the Finecars brand "in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR).2. Software development services: Under this framework, the company offers cloud-based services, IT consulting services such as big data analytics, cloud architecture, data engineering, IoT solutions, and solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.As at October 31, 2023, the company had a total of 5 employees.

Objects of the Issue

Purchase of Software;

To meet working capital requirements; and

General Corporate Purpose.

Finelistings Technologies Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹694.3

31 Mar 2022

₹1,390.6

31 Mar 2023

₹1,360.0

29 Feb 2024

Profit After Tax (PAT)

-₹8.3

31 Mar 2022

₹178.9

31 Mar 2023

₹277.0

29 Feb 2024

Particulars	29 Feb 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	1359.97	1390.62	694.32
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	276.99	178.92	-8.33
Net Worth	618.96	351.83	47.91
Total Assets	968.92	1015.99	154.33
Reserves & Surplus	375.20	98.21	46.79
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	19.65	—	—

P/BV Ratio

8.87

RoE

43.16

RoCE

21.73

RoNW

44.05

PAT Margin

19.65

Issue Structure & Shareholding

Total Shares Offered11,00,000 (100.00%)

Net Offer to Public10,42,000 shares (aggregating up to ₹12.82 Cr)

Reserved for Market Maker58,000 shares (aggregating up to ₹0.7134 Cr)

Pre-Issue Promoter Holding25,36,250 shares

Post-Issue Promoter Holding36,36,250 shares

P/BV Ratio8.87

RoE43.16

RoCE21.73

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Finelistings Technologies Ltd IPO subscribed? ▲

Finelistings Technologies Ltd IPO is subscribed 1.00 times by May 09, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Finelistings Technologies Ltd IPO retail subscription status? ▼

The Finelistings Technologies Ltd IPO retail category is subscribed 1.00 times as of 09 May 2024. The retail portion is oversubscribed.

How to subscribe Finelistings Technologies Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 07 May 2024 and closes 09 May 2024. Min investment: ₹123,000 (1 lot = 1,000 shares). UPI mandate: 2024-05-09.

How many times Finelistings Technologies Ltd IPO subscribed? ▼

The Finelistings Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Finelistings Technologies Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 10 May 2024. Refunds: on 13 May 2024.

When Finelistings Technologies Ltd IPO will be listed? ▼

The Finelistings Technologies Ltd IPO listing date is 14 May 2024, Tuesday. Listed on: BSE SME. Issue price: ₹123. Estimated listing: ₹123. GMP: NIL.

When Finelistings Technologies Ltd IPO close? ▼

The Finelistings Technologies Ltd IPO closes on 09 May 2024, Thursday. UPI mandate: 2024-05-09. Allotment: 10 May 2024. Listing: 14 May 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹123.00

Change—

Issue Price₹123.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹123

Face Value₹10

Lot Size1,000 Sh

Min. Amount₹123,000

GMPNIL

Est. Listing₹123

Subscribed1.00x

Open Date07 May 2024

Close Date09 May 2024

Allotment10 May 2024

Listing Date14 May 2024

ExchangeBSE SME

UPI Deadline2024-05-09