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Brisk Technovision

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 23 to Jan 25, 2024
Price Band ₹156
Current GMP ₹175 (12.18%)
Subscription 47.10 times

IPO Details

IPO Date
January 23, 2024 to January 25, 2024
Listing Date
Wednesday, 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

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers*
58.14
Retail Investors
35.87
Total **
47.10

Day Wise Sub

DayDay 1 Jan 23, 2024
NII*0.97
Retail2.29
Total1.63
DayDay 2 Jan 24, 2024
NII*2.01
Retail6.21
Total4.11
DayDay 3 Jan 25, 2024
NII*58.14
Retail35.87
Total47.10

Day Wise GMP

Date31-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date30-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date29-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date28-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date27-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date26-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date25-01-2024
Price156.00
GMP35 (22.44%)
Estimate List Price191
Date24-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date23-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date22-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date21-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date20-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date19-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date18-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156
Date17-01-2024
Price156.00
GMP0 (0%)
Estimate List Price156

IPO Important Dates

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

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares800
Amount₹124,800
ApplicationRetail (Max)
Lots1
Shares800
Amount₹124,800
ApplicationHNI (Min)
Lots2
Shares1,600
Amount₹249,600

Financial Information

Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20231,423.40
31 Mar 2023679.73
31 Mar 2022661.82
Period EndedRevenue
30 Sep 20231,577.27
31 Mar 20231,840.30
31 Mar 20222,207.63
Period EndedProfit After Tax
30 Sep 2023152.48
31 Mar 2023198.90
31 Mar 2022109.54
Period EndedNet Worth
30 Sep 2023631.02
31 Mar 2023478.54
31 Mar 2022307.64
Period EndedReserves and Surplus
30 Sep 2023431.02
31 Mar 2023278.54
31 Mar 2022107.64

Key Performance Indicator

ROE
41.56%
ROCE
54.71%
Debt/Equity
0.03
RoNW
41.56%
P/BV
6.52
EPS (Rs)
9.95

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
40,000 (5.00%)
Other Shares Offered
380,000 (47.50%)
Retail Shares Offered
380,000 (47.50%)
Total Shares Offered
800,000 (100%)

Information about company

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.

Disclaimer

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