Brisk Technovision IPO Details Date, Price, Allotment, GMP
Brisk Technovision IPO is a fixed price issue of Rs 12.48 crores. The issue comprises of fresh issue of Rs 0.00 crore and offer for sale of 8 lakh shares.
Table of Contents
Brisk Technovision IPO opens for subscription on January 23, 2024 and closes on January 25, 2024. The allotment for the Brisk Technovision IPO is expected to be finalized on Monday, January 29, 2024. Brisk Technovision IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 31, 2024.
Brisk Technovision IPO price is ₹156 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹124,800. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹249,600.
At Brisk we have end-to-end capabilities in setting up and managing IT infrastructure for your organization
Brisk Technovision Ltd. (Brisk) with its 20+ years’ vast experience in IT infrastructure Management, have tied-up with leading OEMs offer a comprehensive vendor neutral solution to meet customer’s exacting needs.
- Excellent support and service network
- Skilled & professional team
- Backed and supported by principal partners.
- Nationwide support and service network
Brisk Technovision IPO Details
IPO Date | January 23, 2024 to January 25, 2024 |
Listing Date | January 31, 2024 |
Face Value | ₹10 per share |
Price | ₹156 per share |
Lot Size | 800 Shares |
Total Issue Size | 800,000 shares (aggregating up to ₹12.48 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹0.00 Cr) |
Offer for Sale | 800,000 shares of ₹10 (aggregating up to ₹12.48 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 2,000,000 |
Share holding post issue | 2,000,000 |
Market Maker portion | 40,000 shares Nnm Securities |
Brisk Technovision IPO Timeline (Tentative Schedule)
Brisk Technovision IPO opens on January 23, 2024, and closes on January 25, 2024.
IPO Open Date | Tuesday, January 23, 2024 |
IPO Close Date | Thursday, January 25, 2024 |
Basis of Allotment | Monday, January 29, 2024 |
Initiation of Refunds | Tuesday, January 30, 2024 |
Credit of Shares to Demat | Tuesday, January 30, 2024 |
Listing Date | Wednesday, January 31, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on January 25, 2024 |
Brisk Technovision IPO Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 800 | ₹124,800 |
Retail (Max) | 1 | 800 | ₹124,800 |
HNI (Min) | 2 | 1,600 | ₹249,600 |
Lot Size Calculator |
Brisk Technovision IPO Promoter Holding
The promoters of our company are Sankarnarayanan Ramasubramanian and ;Ganapati Chittaranjan Kenakre.
Share Holding Pre Issue | 99.99% |
Share Holding Post Issue | 59.99% |
About Brisk Technovision Limited
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.
The company’s main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.
As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.
The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.
The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.
As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
Brisk Technovision Limited Financial Information
Brisk Technovision Limited’s revenue decreased by -16.64% and profit after tax (PAT) rose by 81.58% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 1,423.40 | 679.73 | 661.82 | 562.52 |
Revenue | 1,577.27 | 1,840.30 | 2,207.63 | 1,691.02 |
Profit After Tax | 152.48 | 198.90 | 109.54 | 14.51 |
Net Worth | 631.02 | 478.54 | 307.64 | 198.07 |
Reserves and Surplus | 431.02 | 278.54 | 107.64 | 197.07 |
Amount in ₹ Lakhs |
Key Performance Indicator
The market capitalization of Brisk Technovision IPO is Rs 31.2 Cr.
Brisk Technovision IPO Details: Brisk Technovision Limited, a company with prestigious clients such as Saraswat Bank, Ipca Laboratories, and Union Bank of India, is set to launch its Initial Public Offering (IPO). The IPO will be priced at Rs 31.2 Cr, with details on the date and allotment yet to be disclosed. With a strong track record of profitability and certifications in Quality Management System and IT-Infrastructure Management, the company presents an attractive investment opportunity.
Brisk Technovision Limited, a company with notable clients including Saraswat Bank, Ipca Laboratories, and Union Bank of India, is preparing to launch its Initial Public Offering (IPO). The IPO is valued at Rs 31.2 Cr and specific information regarding the date and allotment is yet to be revealed. The company’s impressive track record of profitability, coupled with its certifications in Quality Management System and IT-Infrastructure Management, makes it an appealing investment prospect.
Brisk Technovision IPO Details Date, Price, Allotment, GMP- 2024
Brisk Technovision IPO Details Date, Price, Allotment, GMP- 2024
Brisk Technovision IPO Details Date, Price, Allotment, GMP- 2024
Brisk Technovision IPO GMP Live Rates day by day with Kotak rates.
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