Canarys Automations Limited
ListedSMEEmerging SME Services · NSE
Incorporated in 1991, Canarys Automations Limited is a technology solutions provider specializing in Digitalization, Modernization, Automation, Cloudification and Intelligence. The company operates through two main verticals — Technology Solutions that cover DevOps consulting (Azure, GitHub, Atlassian, GitLab etc.), Cloud Consulting (AWS, Azure, GCP), SAP & MS Dynamics 365, RPA, Digital Applications and Mobility Solutions, and Water Resource Management Solutions that offer irrigation modernization, flood risk mitigation, cloud-based river/canal water sharing automation and SCADA gate control systems. Canarys serves industries like BFSI, Retail, Healthcare, Pharma, Manufacturing, Insurance and more, and has delivered business applications to over 1,000 customers across India and 10+ countries including USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Sri Lanka and Indonesia.
Price Band
₹29 – ₹31
Issue Size
₹47.03 Cr
Lot Size
4000 shares
GMP
₹5
+16.1%
Est. Listing
₹36
at current GMP
Subscribed
9.55x
overall
Open
27 Sep 2023
Close
3 Oct 2023
Allotment
6 Oct 2023
Refund
7 Oct 2023
Demat Credit
8 Oct 2023
Listing
11 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹29 - ₹31 per equity share
- •Minimum bid lot is 4000 shares
- •Estimated listing target of ₹36 based on current grey market activity