Precision Metaliks IPO Details

Precision Metaliks IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Subscription Status

Allotment Status

Listing Date

About Precision Metaliks

The Company was initially engaged in the Business of Trading of the Metals prior to FY 2018-19. After that, the Company commenced manufacturing activity from FY 2019-20 in the SEZ Unit

Important Details – Precision Metaliks

July 27, 2012The company was originally incorporated as a public limited company with the name ‘Precision Metaliks Limited’.
March 18, 2016The company was converted into private limited company and the name was changed to ‘Precision Metaliks Private Limited’
March 19, 2021The company was converted again into a public limited company and the name of the company was changed to ‘Precision Metaliks Limited’

Objects of the Issue

  • Meeting additional Working Capital Requirements, and
  • General Corporate Purpose

Precision Metaliks Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,147.71 1,367.27 302.59
Total income 4,924.13 2,217.96 5.28
Total Expenses 4,759.53 2,129.61 4.09
Profit After Tax 149.35 82.39 0.46

Precision Metaliks IPO Price – Details

DescriptionPRECISION IPO Details
Public IssueInitial Public Issue of upto 43,00,000 equity shares of ₹ 10 (aggregating up to ₹ 2193 Lakhs)
Issue Open  Date19-Jan-22
Issue Close Date24-Jan-22
Issue TypeFixed Price
IPO Price Band₹ 51
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Precision Metaliks IPO DRHP & RHP

Precision Metaliks IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,02,000
Maximum12000₹ 1,02,000

Precision Metaliks IPO Lead Managers

  • First Overseas Capital limited

Precision Metaliks IPO Registrar

  • Bigshare Services Private Limited

Precision Metaliks IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on19-Jan-22
Bid / Offer Closes on24-Jan-22
Finalisation of Basis of Allotment28-Jan-22
Initiation of refunds 31-Jan-22
Credit of the Equity Shares01-Feb-22
Listing Date02-Feb-22

Company Corporate Office

9-19-43, Suryadev Apartments,
Flat – 202, CBM Compound,
Visakhapatnam – 530003,
Andhra Pradesh, India

Company Registered Office

Flat No. 4A, Sampathji Apartments,
Saadat Manzil, Ameerpet,
Hyderabad – 500016,
Telangana, India

Company Promoters

  • Abhishek Business Pvt Ltd
  • Jayanthi Roja Ramani

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