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Precision Metaliks IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Hyderabad and caters to Aluminium sector. First Overseas Capital is the merchant banker of Precision Metaliks IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th September 2021.
Precision Metaliks IPO open date is 19th January 2022 and close date is 24th January 2022. IPO Allotment Date is 28th January 2022 and Listing date is 1st February 2022.
IPO
Size:
₹ 21.93 Cr.
Avg IPO Size (Sector Based)
: ₹
23.86 cr.
Sector: Aluminium
SME
IPO so far:
9
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Hyderabad
SME
IPO so far:
23
Revenue (annualised):
₹
96.26
cr. 
PE
Ratio:
19.32x
Average Sector PE Ratio: 18.64x
Precision Metaliks IPO size is ₹ 21.93 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Precision Metaliks IPO. Bigshare Services Private Limited is the Registrar and Market Maker is NNM Securities Private Limited for Precision Metaliks IPO.
Precision Metaliks IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Precision Metaliks IPO, based in Hyderabad, operates in the Aluminium sector with a focus on Manufacturing process on Semi-finished Wheels. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Precision Metaliks IPO size is ₹ 21.93 Cr. with fresh issue size of ₹ 21.93 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Precision Metaliks IPO is expected to be 28th January 2022, after the finalization of basis of allotment. Investors can check Precision Metaliks IPO allotment status on the registrars website, Bigshare Services Private Limited. Precision Metaliks IPO refund dates are 31st January 2022.
Precision Metaliks IPO is expected to be listed on 1st February 2022.
The upper price band for the Precision Metaliks IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Precision Metaliks IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Precision Metaliks IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th January 2022. After submission, funds are blocked until the basis of allotment of Precision Metaliks IPO is finalised.
The merchant banker for Precision Metaliks IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Precision Metaliks IPO RHP for further details.
The registrar for Precision Metaliks IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Precision Metaliks IPO through their official website or helpline.
Precision Metaliks IPO was subscribed 7.36 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 21.93 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.86 Cr.
Sector: Aluminium
SME
IPO so far:
9
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Hyderabad
SME
IPO so far:
23
Revenue (annualised):
₹ 96.26 cr.
PE
Ratio:
19.32x
Average Sector PE Ratio: 18.64x
Precision Metaliks IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Precision Metaliks Financial Review Page
Merchant Banker(s) of Precision Metaliks IPO: First Overseas Capital Limited
Precision Metaliks IPO subscription was 7.36 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Precision Metaliks IPO listed at a listing price of 71.25 against the offer price of 51.00.
The current market price of Precision Metaliks is 23.25.
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