Finelistings Technologies SME IPO Details, Financials, Valuation & Peers
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.
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.
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.
| Fields | Details |
|---|---|
| IPO Dates | 07 May - 09 May 2024 |
| IPO Price Band | ₹ 123 per share |
| Fresh Issue | 11,00,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 13.53 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
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.
| Event | Date |
|---|---|
| IPO Opening Date | 07 May 2024 |
| IPO Closing Date | 09 May 2024 |
| Basis Of Allotment | 10 May 2024 |
| Refunds | 13 May 2024 |
| Demat Transfer | 13 May 2024 |
| IPO Listing Date | 14 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| Total Income | 1.46 | 6.94 | 13.91 | 13.60 |
| Total Expenses | 1.70 | 6.98 | 11.56 | 9.89 |
| Net Profit/Loss | -0.17 | -0.08 | 1.79 | 2.77 |
| NPM (*) | -11.79 | -1.20 | 12.88 | 19.65 |
| Total Assets | 0.60 | 1.54 | 10.16 | 9.69 |
| Total Liabilities | 0.03 | 1.06 | 6.64 | 3.40 |
* 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| EPS | -0.85 | -0.41 | 8.78 | 10.92 |
| ROE (%) | -30.69 | -17.39 | 50.85 | 43.16 |
| ROCE (%) | -41.54 | 0.23 | 52.37 | 21.73 |
| D/E Ratio | NIL | 2.09 | 0.36 | 0.30 |
| Current Ratio | 12.96 | 1.28 | 1.48 | 2.67 |
| EBITDA MARGIN (%) | -15.71 | 0.19 | 18.08 | 28.40 |
* 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.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Finelistings Technologies Limited | 13.89 | 14.0 | 8.78 | 50.85 | 13.87 |
| CarTrade Tech Limited | 363.74 | 92.73 | 6.71 | 1.91 | 453.08 |
| Cambridge Technology Enterprises Limited | 182.0 | 16.56 | 4.15 | 8.27 | 50.32 |
| Globalspace Technology Limited | 19.27 | 48.39 | 0.46 | 1.44 | 31.47 |
* 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 Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 29.85 |
| Retail Individual Investor (RII) | 38.96 |
| Total | 37.44 |
* 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.