Canarys Automations IPO

Canarys Automations Limited

₹1,16,000 /4000 sharesMinimum Investment

Canarys Automations IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Sep ‘23 - 3 Oct ‘23₹1,16,0004,000₹29 - ₹31
Issue SizeIPO Doc
47.03Cr
RHP PDF

About Canarys Automations

Established in 1991, Canarys Automations is a prominent IT solutions provider boasting three decades of experience in the industry. The company operates within two distinct verticals: Technology Solutions: They offer a diverse range of consulting solutions, including Digitalization, Modernization, Cloudification, Automation, Transformation, and Intelligence. Their technology expertise spans DevOps Consulting (utilizing Azure, GitHub, Atlassian, GitLab, and more), Cloud Consulting (involving Azure, AWS, GCP), Digital Enterprise Solutions employing SAP, MS Dynamics 365, RPA, Digital Applications, and Mobility Solutions. Water Resource Management Solution: Canarys provides automation solutions aimed at modernizing irrigation, enhancing water conservation, optimizing water use efficiency, conducting turnkey flood risk assessments and mitigation, implementing cloud-based automation for water sharing in rivers and canals, and deploying SCADA gate control systems. Canarys Automations' solutions cater to a wide range of industry sectors, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance, and more.;
Founded in
1991
Managing director
Mr. Metikurke Ramaswamy Raman Subbarao
Parent organisation
Canarys Automations Limited

Strengths & Financials of Canarys Automations

Strengths
Risks
Canarys Automations has been providing business applications to around 1000 customers for over three decades. They've served clients not only in India but also in more than ten countries, including the USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Sri Lanka, and Indonesia.
During the fiscal years 2021 to 2023, their total revenue increased at a rate of 43%, and their profit after tax saw a growth of 59.49%.
Canarys Automations has developed advanced DevOps solutions, frameworks, and processes to assist customers in smoothly transitioning to the DevOps platform, covering all aspects of transformation and consolidation.
They have also created industry-specific and technology-specific solutions that demonstrate their technological capabilities to both current and potential clients.
With a strong focus on digital transformation, Canarys Automations empowers businesses to optimize their operations, improve customer experiences, and maintain a competitive edge.
Their commitment to excellence has earned them recognition and accolades from various customers, alliance partners, and OEMs.

Canarys Automations Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Canarys Automations IPO

Apply asPrice bandApply upto
Regular29 - 31₹2 Lakh
High Networth Individual29 - 31₹2 - 5 Lakh
For Canarys Automations IPO, eligible investors can apply as Regular.
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