Recently Viewed
Clear AllBidding Date
07-May-2024 to
09-May-2024
Issue Size
₹13.53 Cr
Price Band
₹123
Allotment date
--
Listing date
14-May-2024
Lot size
1000
No. of shares
11,00,000
Fresh issue/OFS
₹13.53 Cr /--
Finelistings Technologies Ltd began its operations with the launch of its first showroom under the brand "Finecars" in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR). Since its inception, the company has evolved its business model from a pure commission-based model to a buy-and-sell retail model, aimed at improving margins. The company's business is widely divided into two segments : Pre-Owned Luxury Car Retail and Software Development Services. Under the first segment, they procure pre-owned luxury cars from owners, undertake necessary services, and sell through showrooms and online platforms. Additionally, they offer after-sales services, repairs, spare parts, and financial assistance to customers. Under software development services segment, they provide digital transformation services, data analytics services and technology consulting, etc.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
35.5x
The issue size of Finelistings Technologies is ₹13.53 Cr.
Finelistings Technologies falls into Automobile industry.
The Finelistings Technologies IPO will be listed on NSE.
The open and close dates for the Finelistings Technologies are 07-May-2024 & 09-May-2024.
The price band for the Finelistings Technologies ipo is ₹123
The listing date of Finelistings Technologies IPO is 14-May-2024.
The purpose of this IPO is to raise fresh capital.
Finelistings Technologies total subscription ratio is 35.5X.
Key financial of the Finelistings Technologies are:
| Finelistings Technologies | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 13.59 | 13.89 | 6.94 | 1.46 |
| EBIT (₹ Cr) | 2.48 | 2.49 | 0 | -0.24 |
| Proft after Tax (₹ Cr) | 1.74 | 1.81 | -0.08 | -0.17 |
| Debt (₹ Cr) | 1.1 | 1.25 | 1 | 0 |
| Net Worth (₹ Cr) | 5.17 | 3.43 | 0.48 | 0.56 |
| RoE (%) | 33.61 | 52.61 | -17.38 | -30.36 |