Presstonic Engineering IPO

Presstonic Engineering Limited

₹1,15,200 /1600 sharesMinimum Investment

Presstonic Engineering IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹72.00₹140.00₹68.00 (94.44%)

Presstonic Engineering IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
11 Dec ‘23 - 13 Dec ‘23₹1,15,2001,600₹72 - ₹72
Issue SizeIPO Doc
23.30Cr
RHP PDF

About the company

Presstonic Engineering engages in the production of metro rail rolling stock products, metro rail signalling products, and infrastructure products. The company serves both Global and Domestic OEMs involved in the manufacturing and servicing of Rail and Metro Rail Rolling stock and Signalling equipment. Presstonic Engineering commenced its manufacturing operations in the metro rail segment in 2011. The company has a manufacturing plant in Pillappa Industrial Layout. Over the years, Presstonic Engineering has expanded its presence, broadened its services. The product range includes: Metro Rail Rolling Stock Products, encompassing both Interior and Non-Interior items such as seats, handles, poles, partitions, cable management systems, and various other components. Metro Rail Signalling Products, featuring IP-rated enclosures, mounting brackets, support structures, and mast assemblies. Infrastructure Products, including steel structures, aluminum murals, support structures for solar panels, wire forms, and cable trays.;
Founded in
2021
Managing director
Mr. Herga Poornachandra Kedilaya
Parent organisation
Presstonic Engineering Limited

Strength and risks

Strengths
Risks
Presstonic Engineering has a track record of over 27 years.
The manufacturing facility, strategically located in North Bangalore, is equipped to produce a diverse range of products for various industries, including railways, automobiles, engineering, and infrastructure. The facility spans approximately 28,317.50 sq. ft.
The company has certifications from local and international accreditation agencies, including ISO 9001:2015. Products undergo quality checks throughout production, with an in-house laboratory conducting tests for improvement.
With a diversified product portfolio, the company manufactures a wide range of products, including metro rail rolling stock products, metro rail signalling products, and infrastructure products.
As of March 31, 2023, the company maintains an unexecuted order book of Rs. 6,389.57 lakhs, with additional orders of Rs. 456.87 lakhs from April 01, 2023 onward.

Financials

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

Application details

Apply asPrice bandApply upto
Regular72 - 72₹2 Lakh
High Networth Individual72 - 72₹2 - 5 Lakh
For Presstonic Engineering IPO, eligible investors can apply as Regular.
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