
Emerging SME Services · BSE
Incorporated in March 2007, Brisk Technovision Limited specializes in providing IT solutions to corporate clients in India, focusing on third-party hardware such as servers, desktops, laptops, and software solutions. The company also offers services including data center design and installation, enterprise networking, email management, system integration, and annual maintenance contracts (AMC) for hardware and IT infrastructure. In recent years, it has expanded its service offerings, catering to clients such as Saraswat Bank, Union Bank of India, Wockhardt, and Asian Heart Institute. As of November 30, 2023, Brisk Technovision employs 119 professionals managing business operations, administration, and compliance functions. The company holds ISO 9001:2015 and ISO 20000:2013 certifications for quality management, IT infrastructure, information security, and data center management. Operating on an asset-light business model, Brisk Technovision has remained profitable for over a decade and, as of January 2024, is debt-free.
Price Band
₹156
Issue Size
₹12.48 Cr
Lot Size
800 shares
GMP
+22.4%
Est. Listing
₹191
at current GMP
Subscribed
47.15x
overall
Open
23 Jan 2024
Close
25 Jan 2024
Allotment
29 Jan 2024
Refund
30 Jan 2024
Demat Credit
31 Jan 2024
Listing
31 Jan 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
29 Jan 2024
Basis finalization
Refunds Initiate
30 Jan 2024
Mandate release
Demat Credit
31 Jan 2024
Shares in demat
Listing Debut
31 Jan 2024
Trading begins
Brisk Technovision Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹12.48 Crores. The shares are offered at a price band of ₹156 to ₹156 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-31, while un-allotted funds or UPI block mandates will be released on 2024-01-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.