Advanced Sys-tek is one of the leading companies in terms of providing large-scale measurements that can help monitor, control, and automate processes in industries. However, it has a plan to expand its business by raising funds and filed DRHP with SEBI for launching an IPO combining Fresh issue and OFS.
The fresh issue will be Rs 115 Cr., and OFS will be 1.53 million shares by Promoters and other shareholders.
Promoters & lead Managers Details
Promoters Mukesh R Kapadia and Umed Amarchand Fifadra exit the position by selling 7.64 lakh shares in the OFS. Moreover, Inga Ventures and Sowilo Capital Advisors are assigned as book-running lead managers for the IPO.
Funds Utilisation
IPO money would be utilized for capital expenditure and long-term capital working needs.
About Advanced Sys-Tek company
Software Developer and Industrial Solutions provider company name is Advanced Sys-Tek, founded in 1988, and started a business providing substantial, control and automation solutions to industries, moreover, Advanced Sys-Tek has vast experience in offering offer solutions, complex terminals, and small depots.
Furthermore, it has 30 years of experience and a complete range of solutions to the petroleum, oil, and lubricant (POL) storage and distribution terminals, including terminal automation (TA) and custody transfer metering of hydrocarbons. Advanced sys tek is also on one of the top-notch positions providing anti-icing additive injection systems for aircraft jet fuel and, through subsidiaries, enlarged diesel manufacturing diesel exhaust fluid.
Advanced Sys-tek had its first terminal project at a port in Dahej, Gujarat, in 1999. Since then, they finished POL Terminal Automation projects in 9 countries across Asia (excluding India) and Africa, including Bangladesh, Ghana, Nigeria, Oman, Switzerland, and Saudi Arabia.
Financially, its revenue portion is Rs 188.23 crore in 2024, which is higher than the previous year( 140.42 crore). Moreover, net profit was also Rs 19.22 crore compared to Rs 13.17 crore in FY23.
Advanced Sys-Tek IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Advanced Sys-Tek Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹141.16 | ₹118.47 | ₹6.99 |
| 2023 | ₹142.27 | ₹124.16 | ₹13.17 |
| 2024 | ₹192.15 | ₹165.92 | ₹19.22 |
| September 2024 | ₹108.86 | ₹92.01 | ₹12.15 |
Advanced Sys-Tek IPO Valuation – FY2024
Advanced Sys-Tek IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.20 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 10.27% |
| Net Asset Value (NAV): | ₹99.30 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Honeywell Automation India Limited | 567.10 | 73.98 | 13.90 | 4,078.49 | 4,201 Cr. |
| ABB India Limited | 58.61 | 117.94 | 23.10 | 280.54 | 10,748.2 Cr. |
Objects of the Issue
- Funding capital expenditure requirement for
- Setting up fabrication shed; and
- Purchase of solar roof tops
- Funding our long term working capital requirement; and
- General Corporate Purposes.
IPO Lead Managers aka Merchant Bankers
- Inga Ventures Private Limited
- Sowilo Capital Advisors LLP
