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SME IPO Status: Listed [27th Sep 2023 to 3rd Oct 2023]
Canarys Automations Limited is launching an SME IPO issue size of 15,172,000 shares worth Rs.47.03 Cr. The subscription period for this IPO is from Sept 27, 2023 to Oct 3, 2023. The face value of the shares is Rs 2 per share and the issue price band for this SME IPO is ranging from Rs 29 to Rs 31 per share and the minimum lot size is 4000 shares or its multiples.
Stay tuned for more information on Cana rys Automations Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.
| SME IPO Issue Opening Date: | 27th Sep 2023 |
| SME IPO Issue Closing Date: | 3rd Oct 2023 |
| SME IPO Issue Price: | ₹29.00-31.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35.00% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹47.03 Cr |
| Fresh Issue: | ₹47.03 Cr |
| Face Value: | ₹2 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 77.49% |
| Promoter Holding Post IPO: | |
| Allotment Status: | Allotment Status |
| NSE Code: | CANARYS |
Get important updates regarding Canarys Automations SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 6th Oct 2023 |
| Refunds Initiation* | 9th Oct 2023 |
| Credit of Shares to Demat* | 10th Oct 2023 |
| SME IPO Listing Date* | 11th Oct 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹29.00-31.00 |
| Market Lot: | 4000 Shares |
| 1 Lot Amount: | ₹124000 |
| Min HNI Lots: | 8000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 11-10-2023 | 31.00 | 5 | 15200 | ₹36 (16.13%) | 11-Oct-2023 10:26 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Canarys Automations Limited was established in July 1991. The company understands the changing demands of the digital landscape and aims to help businesses harness the power of technology to drive growth and success. The company's solutions span various industries such as BFSI, retail, healthcare, pharmaceutical, manufacturing, insurance and others. With a strong focus on digital transformation, it enables businesses to streamline operations, improve customer experience and stay ahead of the competition. Its commitment to excellence has been recognized and rewarded by various customers, alliance partners and OEMs.
The company provides automation solutions to modernize irrigation water conservation and improve water use efficiency, turnkey flood risk assessment and mitigation, cloud-based process automation for river and canal water use, and SCADA gate control systems.
| Incorporation | Sector | IPO Issue Size | Website |
| 1991 | IT solutions | ₹47.03 Cr | https://ecanarys.com/ |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 2,880,000 (27.01%) | 2,736,000 (25.66%) | 5,048,000 (47.34%) | 10,664,000 | |
| 1 | 27th Sep 2023 19:32 | 0.00x | 0.38x | 0.43x | 0.30x |
| 2 | 28th Sep 2023 15:52 | 0.00x | 0.18x | 0.85x | 0.45x |
| 3 | 29th Sep 2023 19:31 | 0.00x | 0.59x | 1.89x | 1.05x |
| 4 | 3rd Oct 2023 19:31 | 2.73x | 14.29x | 11.70x | 9.94x |
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 2,003.04 | 4,753.57 | 6,377.89 |
| Revenue | 2,578.22 | 5,199.93 | 7,547.28 |
| Profit After Tax | 210.42 | 455.81 | 852.51 |
| Net Worth | 1,258.17 | 1,683.44 | 2,537.91 |
| Reserves and Surplus | 546.90 | 755.40 | 1,609.87 |
| Total Borrowing | 879.33 | 1,415.61 |
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Canarys Automations Limited | 4.29 | 4.29 | 12.4 | 31.64 | ||
| All E Technologies Limited | 6.95 | 6.95 | 49.81 | 12.53 | 12.01 | |
| Happiest minds Limited | 16.13 | 16.01 | 58.25 | 47.95 | 27.25 |
Last Updated on 15-Oct-2023 06:02:44
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Canarys Automations SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Canarys Automations SME IPO with Zerodha.
Alternate approch to apply in Canarys Automations SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Canarys Automations SME IPO Review and Important Updates
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To subscribe or apply in Canarys Automations SME IPO, you can use the following methods:
| Canarys Automations SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Canarys Automations SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Canarys Automations SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Canarys Automations SME IPO. Most of the Syndicate Banks provide access to apply in Canarys Automations IPO via ASBA process. You must have your net banking access, DP ID information to apply in Canarys Automations SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Canarys Automations SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Canarys Automations SME IPO Review and Important Updates
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Canarys Automations SME IPO is going to be list on 11-10-2023. NSE Code for Canarys Automations is CANARYS.
Other relevant questions:
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Canarys Automations SME IPO Allotment Date is 06-10-2023.
Other relevant questions:
Canarys Automations SME IPO share allotment date?Canarys Automations SME IPO allotment date?
