Presstonic Engineering Limited
ListedSMEEmerging SME Services · NSE
Incorporated in June 1996, Presstonic Engineering Limited is a manufacturing company that makes specialised products used in Metro Rail rolling stock, signalling systems, and infrastructure. The company supplies its products to global and Indian OEMs involved in building and servicing trains and metro systems. Its manufacturing facility covers around 28,317 sq.ft. and is equipped with modern machines to produce a variety of components. Presstonic makes products like metro seats, grab poles, handrails, honeycomb panels, emergency ramps, IP-rated enclosures, mounting brackets, steel and aluminium structures, solar panel supports, ladder assemblies, wire forms, and cable trays which are used in railways, metros, and related projects.
Price Band
₹72
Issue Size
₹23.30 Cr
Lot Size
1600 shares
GMP
₹72
+100.0%
Est. Listing
₹144
at current GMP
Subscribed
161.16x
overall
Open
11 Dec 2023
Close
13 Dec 2023
Allotment
14 Dec 2023
Refund
15 Dec 2023
Demat Credit
16 Dec 2023
Listing
18 Dec 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹72 - ₹72 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹144 based on current grey market activity