Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.Key Products & ServicesValue-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.Automated cleaning of Aluminium chips + briquetting into Ingots.Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.Competitive strengthsSpecialized in finishing semi-finished alloy wheels.Low-cost infrastructure and high-end technology.Strong customer relationship.Professional and experienced management team.
Precision Metaliks Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 216,000 | — | ₹1.10 Cr | — |
| TOTAL | 4,300,000 | 100.00% | ₹21.93 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 4813.35 | 4924.13 | 2217.96 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 214.57 | 149.35 | 82.39 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2022.96 | 2147.71 | 1367.27 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |