Finelistings Technologies Limited

Company Profile
Company Name Finelistings Technologies Limited
Open Date 07-05-2024
Close Date 09-05-2024
Exchange BSE SME
Lot Size 1000 Shares
Issue Price ₹123 per share
Issue Size 11,00,000 shares
Application Amount ₹1,23,000
Recommendation Avoid
Incorporated in 2018, Finelistings Technologies Limited has its registered office in South West Delhi, New Delhi, India. The company is engaged in diversified business viz., (a) retail of pre-owned luxury cars; and (b) software development services. The company’s Software service activity is outstretched to third-party vendors. The company’s pre-owned luxury car business offers a wide range of cars, including sedans, SUVs, sports cars, and convertibles. As of March 31, 2024, the company had a total of 8 employees on a consolidated basis on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 59.70 154.34 1016.00 968.92
Net Assets 56.25 47.92 351.84 628.83
Total Borrowings - 100.00 125.40 186.92
Total Revenue 146.43 694.32 1390.62 1359.97
Profit After Tax -17.26 -8.33 178.92 277.00

Tentative Timeline

Opening Date 07-05-2024
Closing Date 09-05-2024
Basis of Allotment 10-05-2024
Initiation of Refunds 13-05-2024
Credit of Shares to Demat 13-05-2024
Listing Date 14-05-2024

Objects of the Issue

Purchase of Software.
To meet working capital requirements.
General Corporate Purposes.

Contact Information

Registered Office Finelistings Technologies Limited G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi - 110070
Phone +91 93551 11911

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 58,000 (5.27%)
Retail Shares Offered 521,000 (47.36%)
Other Shares Offered 521,000 (47.36%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 71.65%
Share Holding Post Issue (Promoters) 49.98%

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