Brisk Technovision is engaged in the business of providing information technology solutions to corporate customers. The primary business of the Company is (a) to provide various third-party hardware products such as servers, desktops, personal computers, and laptops as well as (b) third-party software to Indian corporate customers. They also offer other service offerings, which include services relating to the design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contract (AMC) for hardware and system maintenance, monitoring, and managed services. In the last three financial years, they have begun to focus on offering more of their service offerings. Presently, predominately their business (both Sales of Goods and Sales of Services) is in the state of Maharashtra.
The Company has business relations with several Original Equipment Manufacturers (OEMs) through which they can provide end-to-end services in setting up and managing IT infrastructure for organizations of all sizes across all industries. The Company procures servers, laptops, desktops, and other allied products from the OEMs as per the requirements of their client. The capabilities include sourcing appropriate IT products, integrating the systems to work together as a unified solution, integrating the network that connects this infrastructure across different locations, and managing the system to ensure high availability of IT storage, network, and computing infrastructure. They also liaise with the relevant OEMs and connectivity providers so that the clients can focus on their core business while they take care of their complete IT infrastructure requirements.
The team can integrate all components of the solution application software, operating environment, hardware platform, and networking environment. Their strategic business relationship with major OEMs of IT products gives us the strength to provide quality products and services to their clients.
Objects of the Issue:
- The company will not receive any proceeds from the Offer, and all such proceeds will go to the Selling Shareholders. The company expects that listing of the Equity Shares will have several positive effects, including enhancing the visibility and brand image. Moreover, it is anticipated that it will boost the company’s goodwill and provide liquidity to the Shareholders and will also provide a public market for the Equity Shares in India.
Brisk Technovision IPO Review
- Avoid
Brisk Technovision IPO Date & Price Band Details
| IPO Open: | January 23, 2024 |
| IPO Close: | January 25, 2024 |
| IPO Size: | Approx ₹12.48 Crores, 800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹156 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Brisk Technovision IPO Market Lot
The Brisk Technovision IPO minimum market lot is 800 shares with a ₹124,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹124,800 |
| Retail Maximum | 1 | 800 | ₹124,800 |
| S-HNI Minimum | 2 | 1600 | ₹249,600 |
Brisk Technovision IPO Dates
The Brisk Technovision IPO date is January 23 and the IPO close date is January 25. The IPO allotment date is January 29 and the IPO might list on January 31.
| IPO Open Date: | January 23, 2024 |
| IPO Close Date: | January 25, 2024 |
| Basis of Allotment: | January 29, 2024 |
| Refunds: | January 30, 2024 |
| Credit to Demat Account: | January 30, 2024 |
| IPO Listing Date: | January 31, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Brisk Technovision IPO Form
How to apply Brisk Technovision IPO? You can apply Brisk Technovision IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Brisk Technovision IPO in the Invest section. The other option you can apply Brisk Technovision IPO via IPO forms download via the BSE website. Check out the Brisk Technovision forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Brisk Technovision Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹16.91 | ₹16.62 | ₹0.15 |
| 2022 | ₹22.07 | ₹20.62 | ₹1.10 |
| 2023 | ₹18.40 | ₹15.79 | ₹1.99 |
| Sep 2023 | ₹15.78 | ₹13.73 | ₹1.52 |
Brisk Technovision IPO Valuation – FY2023
Check Brisk Technovision 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): | ₹9.94 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 41.56% |
| Net Asset Value (NAV): | ₹23.93 per Equity Share |
Peer Group
- NA
Company Promoters
- Sankarnarayanan Ramasubramanian
- Ganapati Chittaranjan Kenakre
Brisk Technovision IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/
Brisk Technovision IPO Allotment Status
Check Brisk Technovision IPO allotment status on Kfin Technologies website URL. Click Here
Brisk Technovision IPO Lead Managers aka Merchant Bankers
- Sun Capital Advisory Services (P) Ltd
Company Address
Brisk Technovision Limited
135, Damji Shamji Industrial Premises CHS Limited,
LBS Marg, Vikhroli (West),
Mumbai-400083,
Phone: 022 2577 5648
Email: [email protected]
Website: https://brisk-india.com/
