Brisk Technovision Limited IPO
- IPO Date23 Jan, 2024 to 25 Jan, 2024
- Listing Date31 Jan, 2024
- Face Value₹10 per share
- Issue Price₹156 to ₹156 per share
- Lot Size800 Shares
- Minimum Investment₹1,24,800
- Listing AtBSE SME
- Total Issue Size7,99,999 Shares
(aggregating up to ₹12.48 Cr) - Fresh Issue-
- Offer for Sale8,00,000 Shares
(aggregating up to ₹12.48 Cr) - Issue TypeFixed Price Issue IPO
- Share holding pre issue20,00,000
- Shareholding post issue20,00,003
IPO Dates
Closing Date
25 Jan, 2024
Initiation of Refunds
30 Jan, 2024
Listing Date
31 Jan, 2024
23 Jan, 2024
Opening Date
29 Jan, 2024
Basis of Allotment
30 Jan, 2024
Credit of Shares
Brisk Technovision Limited Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,24,800 |
| HNI (Min) | 2 | 1600 | ₹2,49,600 |
| Retail (Max) | 1 | 800 | ₹1,24,800 |
Brisk Technovision Limited Promoter Holding
The promoters of our company are Sankarnarayanan Ramasubramanian and ;Ganapati Chittaranjan Kenakre.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | 59.99% |
Brisk Technovision Limited COMPANY INFORMATION
Brisk Technovision IPO is a fixed price issue of Rs 12.48 crores. The issue comprises of fresh issue of Rs 0.00 crore and offer for sale of 8 lakh shares. Brisk Technovision IPO bidding started from January 23, 2024 and ended on January 25, 2024. The allotment for the Brisk Technovision IPO is expected to be finalized on Monday, January 29, 2024. Brisk Technovision IPO will list on BSE SME with tentative listing date fixed as Wednesday, January 31, 2024. Brisk Technovision IPO price is ₹156 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹124,800. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹249,600. Sun Capital Advisory Services (P) Ltd is the book running lead manager of the Brisk Technovision IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Brisk Technovision IPO is Nnm Securities. Refer to Brisk Technovision IPO RHP for detailed information.
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.
The company's main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.
As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.
The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.
The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.
As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
FAQs About Brisk Technovision Limited Ipo
Brisk Technovision Limited IPO will open on 23 Jan, 2024 and close on 25 Jan, 2024. Investors must apply within this period to participate.
The Brisk Technovision Limited IPO price band is set between ₹156.00 and ₹156.00 per share. The minimum lot size is 800, requiring an investment of at least ₹124800.00.
The Brisk Technovision Limited IPO shares are expected to be listed on 31 Jan, 2024, subject to regulatory approvals and final allotment.
You can track your Brisk Technovision Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Brisk Technovision Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.