Finelistings Technologies is engaged in diversified business viz., (a) retail of pre-owned luxury cars; and (b) software development services, that address digital transformation, data analytics, technology consulting, infrastructure, and security needs of their customers. They are 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.
Under their pre-owned luxury car retail business, they are focused on used premium and high-end luxury cars where the average sale price is ₹ 40.00 lakhs. They currently have a limited presence over the pre-owned value chain, such as after-sales services and repairs (including sales of spare parts, lubricants, and accessories), which they undertake through their affiliated service centers. They also help their clients in securing financial assistance from third-party financiers. They started their operations and opened their first showroom under the brand “Finecars” in August 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR).
Their pre-owned luxury car business offers a wide range of cars, including sedans, SUVs, sports cars, and convertibles. All the vehicles they purchase are thoroughly inspected and certified, ensuring that they meet their high standards for quality and reliability. In addition to selling vehicles, they also offer financing, warranties, and maintenance services to ensure that their customers make the most of their investments.
Objects of the Issue:
- Purchase of Software.
- To meet working capital requirements.
- General Corporate Purpose.
Finelistings Technologies IPO Review
- Avoid
Finelistings Technologies IPO Date & Price Band Details
| IPO Open: | May 7, 2024 |
| IPO Close: | May 9, 2024 |
| IPO Size: | Approx ₹13.53 Crores, 1,100,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹123 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% 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 |
Finelistings Technologies IPO Market Lot
The Finelistings Technologies IPO minimum market lot is 1000 shares with a ₹123,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹123,000 |
| Retail Maximum | 1 | 1000 | ₹123,000 |
| S-HNI Minimum | 2 | 2000 | ₹246,000 |
Finelistings Technologies IPO Dates
The Finelistings Technologies IPO date is May 7, 2024 and the IPO close date is May 9, 2024. The IPO allotment date is May 10, 2024 and the IPO might list on May 14, 2024.
| IPO Open Date: | May 7, 2024 |
| IPO Close Date: | May 9, 2024 |
| Basis of Allotment: | May 10, 2024 |
| Refunds: | May 13, 2024 |
| Credit to Demat Account: | May 13, 2024 |
| IPO Listing Date: | May 14, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Finelistings Technologies IPO Form
How to apply Finelistings Technologies IPO? You can apply Finelistings Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Finelistings Technologies IPO in the Invest section. The other option you can apply Finelistings Technologies IPO via IPO forms download via the BSE website. Check out the Finelistings Technologies forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Finelistings Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹1.46 | ₹1.70 | ₹0.17 |
| 2022 | ₹6.94 | ₹6.98 | ₹0.83 |
| 2023 | ₹13.91 | ₹11.56 | ₹1.79 |
| July 2023 | ₹7.44 | ₹5.73 | ₹1.23 |
Finelistings Technologies IPO Valuation – FY2023
Check Finelistings Technologies 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): | ₹8.78 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 50.85% |
| Net Asset Value (NAV): | ₹13.87 per Equity Share |
Peer Group
- CarTrade Tech Limited
- Cambridge Technology Enterprises Limited
- Globalspace Technology Limited
Company Promoters
- Aneesh Mathur
- Arjun Singh Rajput
Finelistings Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Finelistings Technologies IPO Allotment Status
Check Finelistings Technologies IPO allotment status on Skyline Financial website URL. Click Here
Finelistings Technologies IPO Lead Managers aka Merchant Bankers
- Fedex Securities Pvt Ltd
Company Address
Finelistings Technologies Limited
G-07, Ground Floor, Ambience Mall,
Nelson Mandela Road, Vasant Kunj,
South West Delhi, New Delhi – 110070
Phone: +91 93551 11911
Email: [email protected]
Website: https://www.finecars.co.in/
