Presstonic Engineering Limited

Company Profile
Company Name Presstonic Engineering Limited
Open Date 11-12-2023
Close Date 13-12-2023
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹72 per share
Issue Size 32,36,800 Equity Shares
Application Amount ₹ 1,15,200
Recommendation Apply
Presstonic Engineering Limited was originally formed as a Partnership Firm in 1996 and has its registered office in Bangalore, Karnataka, India. The company is engaged in the business of manufacturing Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products. The company also supplies products to renowned Global and Domestic OEMs engaged in the Rail and Metro Rail Rolling stock and Signalling equipment manufacturing service companies. As of 30th November 2023, the Company had 36 employees on its payroll basis, and has engaged 126 Contract Labours for its operations.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 2,386.96 2,496.70 2,737.67 2,850.69
Net Assets 223.16 237.22 493.36 645.57
Total Borrowings 1,774.95 1,797.08 1,645.27 1,536.97
Total Revenue 769.44 1,272.21 2,113.26 1,431.67
Profit After Tax -16.94 14.07 256.14 152.21

Tentative Timeline

Opening Date 11-12-2023
Closing Date 13-12-2023
Basis of Allotment 14-12-2023
Initiation of Refunds 15-12-2023
Credit of Shares to Demat 15-12-2023
Listing Date 18-12-2023

Objects of the Issue

Capital Expenditure towards the purchase of additional plant and machinery.
Prepayment in full of certain borrowings
To meet Issue Expenses.
To meet Working Capital Requirements and General Corporate Purpose.

Contact Information

Registered Office Presstonic Engineering Limited - Sy. No. 2, Khatha No. 145, Hoysala Main Road, Pillappa Industrial Layout, Srigandhadakavalu, Sunkadakatte, Viswaneedam, Bangalore, 560091
Phone +91 80 23480001
Email cs@presstonengg.com
Website https://presstonic.com/

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email priya@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Shareholding Pattern

Share Holding Pre Issue Promoters 99.97%
Share Holding Post Issue Promoters 57.99%

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