Presstonic Engineering IPO Date, Review, Price, Allotment Details

Presstonic Engineering IPO Details: Presstonic Engineering IPO date is fixed, The IPO will open on December 11 and will close on December 13. Presstonic Engineering is an NSE SME IPO to raise ₹23.30 crores via IPO. The Presstonic Engineering IPO price band is fixed at ₹72 with a market lot of 1600 shares.

Presstonic Engineering IPO

Table of Contents

Presstonic Engineering manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products and supplies to renowned Global and Domestic OEMs engaged in the Rail and Metro Rail Rolling stock and Signalling equipment manufacturing and servicing companies. Their manufacturing facility is spread over approx. 28,317.50 sq. ft. situated at Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, North Bangalore, Karnataka – 560091 is equipped with the latest machinery, equipment, and instruments which is capable of manufacturing of diverse products for Railways and Metros.


They started their manufacturing operations in the year 2011 in the Metro Rail Segment with their manufacturing plant set up in Pillappa Industrial Layout and since then they have consistently grown their presence, enhanced the scope of services, and increased their capabilities and expertise.

Over the years, Presstonic Engineering has offered cost-effective and customized solutions to the standardized quality requirements of their customers who work in various sectors such as railway and infrastructure sectors. The Company manufactures products that are compliant with the stringent quality requirements prescribed by their customers. Further, their business model provides customized solutions to their customers and also manufactures innovate solution-oriented products. Their R&D Division is equipped with the necessary facilities to carry out all necessary trials to develop and devise products suitable to the different types of their customers or for catering to the infrastructure needs of their customers. Their team of experts employed in the R&D Division carries out various tests in their in-house R&D laboratory to innovate additional applications and solutions for their products and to manufacture customizable products for their customers that are also compliant with the customer quality requirements and regulatory standards. Their R&D Division is located in their manufacturing unit to implement a performance-oriented approach with the help of technologies developed in-house. With an R&D Division in place, the Company ensures that the needs and demands of their customers suitable to their final products are effectively met.


Objects of the Issue:

  • Funding Capital Expenditure towards the purchase of additional plant and machinery.
  • Prepayment in full of certain borrowings availed by the Company.
  • To meet the Working Capital Requirements.
  • To meet the Issue Expenses.
  • General Corporate Purposes.

Presstonic Engineering IPO Review

  • May Apply

Presstonic Engineering IPO Date & Price Band Details

IPO Open:December 11, 2023
IPO Close:December 13, 2023
IPO Size:Approx ₹23.30 Crores, 3,236,800 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹72 Per Equity Share
IPO Listing on:NSE 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

Presstonic Engineering IPO Market Lot

The Presstonic Engineering IPO minimum market lot is 1600 shares with a ₹115,200 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹115,200
Retail Maximum11600₹115,200
S-HNI Minimum23200₹230,400

Presstonic Engineering IPO Dates

The Presstonic Engineering IPO date is December 11 and the IPO close date is December 13. The IPO allotment date is December 14 and the IPO might list on December 18.

IPO Open Date:December 11, 2023
IPO Close Date:December 13, 2023
Basis of Allotment:December 14, 2023
Refunds:December 15, 2023
Credit to Demat Account:December 15, 2023
IPO Listing Date:December 18, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Presstonic Engineering IPO Form

How to apply Presstonic Engineering IPO? You can apply Presstonic Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Presstonic Engineering IPO in the Invest section. The other option you can apply Presstonic Engineering IPO via IPO forms download via the NSE website. Check out the Presstonic Engineering forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Presstonic Engineering Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹7.69₹7.91₹0.16
2022₹12.72₹12.51₹0.14
2023₹21.13₹17.58₹2.56
2023 6M₹14.32₹12.28₹1.52

Presstonic Engineering IPO Valuation – FY2023

Check Presstonic Engineering 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):₹11.46 per Equity Share
Price/Earning P/E Ratio:6.28
Return on Net Worth (RoNW):51.92%
Net Asset Value (NAV):₹11.04 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Herga Poornachandra Kedilaya
  • Mr. Yermal Giridhar Rao

Presstonic Engineering IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Presstonic Engineering IPO Allotment Status

Check Presstonic Engineering IPO allotment status on Cameo Corporate website URL. Click Here

Presstonic Engineering IPO Lead Managers aka Merchant Bankers

  • Finshore Management Services Limited

Company Address

Presstonic Engineering Limited

Sy. No. 2, Khatha No. 145, Hoysala Main Road,
Pillappa Industrial Layout, Srigandhadakavalu,
Sunkadakatte, Viswaneedam, Bangalore, 560091
Phone: +91 80 23480001
Email: [email protected]
Website: https://presstonic.com/

Presstonic Engineering IPO FAQs


What is Presstonic Engineering IPO?

Presstonic Engineering IPO is an NSE SME IPO. They are going to raise ₹23.30 Crores via IPO. The issue is priced at ₹72 per equity share. The IPO is to be listed on NSE.

When Presstonic Engineering IPO will open?

The IPO is to open on December 11, 2023 for NII and Retail Investors.

What is Presstonic Engineering IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the Presstonic Engineering IPO?

You can apply Presstonic Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Presstonic Engineering IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Presstonic Engineering”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Presstonic Engineering IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Presstonic Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Presstonic Engineering IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Presstonic Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Presstonic Engineering IPO Size?

Presstonic Engineering IPO size is ₹23.30 crores.

What is Presstonic Engineering IPO Price Band?

Presstonic Engineering IPO Price Band is ₹72 per equity share.

What is Presstonic Engineering IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹115,200.

What is Presstonic Engineering IPO Allotment Date?

Presstonic Engineering IPO allotment date is December 14, 2023.

What is Presstonic Engineering IPO Listing Date?

Presstonic Engineering IPO listing date is December 18, 2023. The IPO to list on NSE SME.

Note: The Presstonic Engineering IPO details are announced officially. The IPO grey market premium (Presstonic Engineering IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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One Response

  1. What’s the expected share price after listing.Is there any locking period after allotment

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