Company Abhishek Integrations Limited IPO, Issue Price, Company Data and GMP

Read Abhishek Integrations Limited IPO alongside company data with PROs and CONs of investing with Grey market price in Comments, Article Published in Initial public offering section on e akhabaar

(i) The Company was incorporated as “Abhishek Integrations Limited” at Ahmedabad on November 10, 2017. It is “Class A” Gujarat Government approved contractor and having a team of around more than 490 employees on payrolls. It is engaged in the developing, operating, and maintaining of electrical and mechanical work and its installation at various Airports in India, Fire fighting solutions as a system integrator, perimeter light fittings at Airports.

(ii)  At present company is having around 24 projects in the hands of AAI. The projects are located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur and

Vadodara.

(iii) At first the organization was occupied with the matter of telecom and caballing work in BSNL however over the period, it has extended its item portfolio and now, it is full fledge occupied with creating, activity, and support of LT and HT Electrical and Mechanical work and its establishment at the terminal structure of air terminals, introducing and upkeep of Fire battling arrangements, GLF/Airfield Lighting System, Substation including edge light fittings, and LT switchgear at Airports in India.

Competitive Strength

(i)
Vast Experience of around two Decades

(ii)
Long term Relationship with the Clients

(iii)
Timely completion of projects

Objects of the Abhishek Integrations Limited IPO:

The Issue Proceeds from Fresh Issue will be used for
1. Working Capital Requirements
2. General Corporate Purpose
3. To meet Public Issue Expenses

Abhishek Integrations Limited IPO Details:

Open Date: Jun 08 2023
Close Date: Jun 11 2023
Total Shares: 990,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed
Issue Size: 4.95 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 50 Per Equity Share
Listing At: NSE Emerge

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