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
Overall Subscription
161.16x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
133.79x
High Net-Worth
Retail (RII)
188.51x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,536,000 | 205,504,000 | 133.79x |
| RETAIL | 1,537,600 | 289,848,000 | 188.51x |
| Total | 3,073,600 | 495,352,000 | 161.16x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 708 | 133,465 | 188.51x |
| HNIs (10L +) | 5 | 669 | 133.79x |
| HNIs (2-10L) | 22 | 2,943 | 133.79x |
| Total Applications | 735 | 137,077 | 186.50x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Presstonic Engineering Limited Public Issue & Market Profile
Presstonic Engineering Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹23.3 Crores. The shares are offered at a price band of ₹72 to ₹72 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,15,200 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 Schedule:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-16, while un-allotted funds or UPI block mandates will be released on 2023-12-15.
Frequently Asked Questions
What is Presstonic Engineering Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Presstonic Engineering Limited IPO is ₹72 per equity share. Based on the upper price band of ₹72 to ₹72 per equity share, the estimated listing price is ₹144 (+100.0% expected listing gain).
What is the expected profit per lot for Presstonic Engineering Limited IPO?
With a lot size of 1600 shares and current GMP of ₹72, the expected profit per application lot is approx ₹1,15,200 (+100.0% gain). Minimum application cost is approx ₹1,15,200.
What is the issue size and price band for Presstonic Engineering Limited IPO?
The Presstonic Engineering Limited IPO aggregate issue size is ₹23.3 Crores with an equity price band set at ₹72 to ₹72 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,15,200.
How can I check Presstonic Engineering Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 161.16x (Retail: 188.51x, QIB: 0.00x, NII: 133.79x). You can track live multiples directly on our dedicated subscription page.
Where and when will Presstonic Engineering Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-12-14. Investors can verify status using PAN card or application number.
When is the listing date for Presstonic Engineering Limited IPO?
Presstonic Engineering Limited shares are scheduled to list on NSE on 2023-12-18.