Finelistings Technologies SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Get everything you need to know about the Finelistings Technologies IPO at IPOBase. Explore Finelistings Technologies IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
07 May - 09 May 2024
Price Range
₹ 123
Issue Size
₹ 13.53 crore
Listed Price
₹1230.00%

Overview

Finelistings Technologies is a diversified company engaged in two main lines of business: retail of pre-owned luxury cars and software development services. With a focus on digital transformation, data analytics, technology consulting, and infrastructure and security solutions, the company caters to the evolving needs of its customers.

Key Points:

  • Retail of Pre-Owned Luxury Cars: Finelistings Technologies 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 provides after-sales services and repairs through affiliated service centers. Additionally, they assist clients in securing financial support from third-party financers.
  • Software Development Services: Finelistings Technologies offers a range of digital solutions, including cloud-based services, IT consulting (such as big data analytics, cloud architecture, and data engineering), IoT solutions, business intelligence analytics, cloud development, data management, digital transformation, and web development.
  • Brand: The company operates its pre-owned luxury car retail business under the brand Finecars.
  • Sales: Since the launch of the retail business in 2020, the company has sold a total of 100 pre-owned cars to 100 customers.
  • Business Model: They transitioned from a pure commission-based model to a buy-n-sell retail model since mid-2020, aiming to improve margins.

IPO Docs

Objects of the Issue

  • Purchase of Software
  • To meet working capital requirements
  • General Corporate Purpose

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates07 May - 09 May 2024
IPO Price Band₹ 123 per share
Fresh Issue11,00,000 Shares
Offer For SaleNIL
Total IPO Size₹ 13.53 crore
Face Value₹ 10
Listing OnBSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date07 May 2024
IPO Closing Date09 May 2024
Basis Of Allotment10 May 2024
Refunds13 May 2024
Demat Transfer13 May 2024
IPO Listing Date14 May 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 2023Feb 2024
Total Income1.466.9413.9113.60
Total Expenses1.706.9811.569.89
Net Profit/Loss-0.17-0.081.792.77
NPM (*)-11.79-1.2012.8819.65
Total Assets0.601.5410.169.69
Total Liabilities0.031.066.643.40

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 2023Feb 2024
EPS-0.85-0.418.7810.92
ROE (%)-30.69-17.3950.8543.16
ROCE (%)-41.540.2352.3721.73
D/E RatioNIL2.090.360.30
Current Ratio12.961.281.482.67
EBITDA MARGIN (%)-15.710.1918.0828.40

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Finelistings Technologies Limited13.8914.08.7850.8513.87
CarTrade Tech Limited363.7492.736.711.91453.08
Cambridge Technology Enterprises Limited182.016.564.158.2750.32
Globalspace Technology Limited19.2748.390.461.4431.47

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)29.85
Retail Individual Investor (RII)38.96
Total37.44

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Skyline Financial Services Private Limited
Phone
: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com

Company Promoters

  • ANEESH MATHUR
  • ARJUN SINGH RAJPUT

Lead Managers

  • Fedex Securities Private Limited

Company Address

Finelistings Technologies Limited

G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj,

South West Delhi, New Delhi - 110070, India

Phone: +91 93551 11911

Email: cs@finelistings.com

Website: https://www.finecars.co.in/

FAQs

  • What is the issue size of the Finelistings Technologies SME IPO?
    The Finelistings Technologies SME IPO has an issue size of ₹ 13.53 crore. This includes a fresh issue of 11,00,000 Shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Finelistings Technologies IPO?
    The price band for the Finelistings Technologies IPO is ₹ 123 per share.
  • What are the bidding dates for the Finelistings Technologies IPO?
    The Finelistings Technologies IPO will open for bidding on 07 May 2024 and close on 09 May 2024.
  • What is the allotment date for the Finelistings Technologies IPO?
    The allotment date for the Finelistings Technologies IPO is 10 May 2024.
  • What is the listing date for the Finelistings Technologies IPO?
    The listing date for the Finelistings Technologies IPO is 14 May 2024.
  • What is the Finelistings Technologies IPO grey market premium?
    The grey market premium (GMP) for the Finelistings Technologies IPO is currently at ₹21, with an expected listing gain of approximately 17.07%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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