Finelistings IPO
Finelistings Technologies Ltd
₹1,23,000 /1000 sharesMinimum Investment
Finelistings IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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7 May ‘24 - 9 May ‘24 | ₹1,23,000 | 1,000 | ₹123 - ₹123 |
Finelistings Technologies Limited is engaged in diversified business viz., (a) retail of pre-owned luxury car; and (b) software development services, that address digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. Its offerings are spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development. The Company opened its first showroom under the brand "Finecars".;
Parent organisation
Finelistings Technologies Ltd
Strengths & Financials of Finelistings
Diversified business offerings.
Brands and Customer Experience Driving Powerful Network Effects.
Experienced Promoters and management team.
The Company, Promoters, Directors and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
The company depends on a limited number of customers for a significant portion of its revenue from operations. The loss of any of its major customer due to any adverse development or significant reduction in business from the company major customer may adversely affect its business, financial condition, results of operations, cash flow and future prospects.
Increasing competition in used car business through online and offline players, including authorized dealers, unorganized players may have an adverse impact on its business, result of operations and financial condition.
Used vehicles in its car showroom may be stolen, damaged or destroyed before these vehicles can be sold. Further, inventory stored at its Godown which is situated underground of its car showroom, parked with it may be stolen or used without its authorization or for illegal activities, exposing it to liabilities and negative publicity and damage the trust and confidence of its customers.
Finelistings Financials
*All values are in Rs. Cr
Application Details of Finelistings IPO
Apply as | Price band | Apply Range |
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Regular | ₹123 - 123 | ₹2 - 5 Lakh |
High Networth Individual | ₹123 - 123 | ₹2 - 5 Lakh |
For Finelistings IPO, eligible investors can apply as Regular.