Canarys Automations (NSE SME)
September 27, 2023 – October 3, 2023
| Price | ₹29 - ₹31 |
| Premium | ₹5 |
|---|---|
| Lot size | 4000 |
| Allotment | Oct 6, 2023 |
| Listing | Oct 11, 2023 |
Canarys Automations Limited
No. 566 & 567, 2nd Floor, 30th Main,
Attimabbe Road, Banagirinagara,
Banashankari 3rd Stage, Bengaluru - 560085
Phone: +91 98458 62780
Email: nagashree.hegde@ecanarys.com
Website: https://ecanarys.com/
Last updated on 03-Oct-2023 17:00:12
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 39,68,000 | 78,56,000 | 1.98 |
| NIB | 21,64,000 | 3,98,64,000 | 18.42 |
| RETAIL | 50,48,000 | 5,90,84,000 | 11.7 |
| Total | 1,11,80,000 | 10,68,04,000 | 9.55 |
| Retail Apps | 14,771 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 4000 | 124000 | 0 |
| HNI | 2 | 8000 | 248000 | 0 |
Incorporated in 1991, Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence.
The company has two business verticals:
- Technology solutions: This includes a multiple array of consulting solutions in Digitalization, Modernization, Cloudification, Automation, Transformation, and Intelligence. Technology expertise includes DevOps Consulting (Azure, GitHub, Atlassian, GitLab, etc.), Cloud Consulting (Azure, AWS, GCP), Digital Enterprise Solutions using SAP, MS Dynamics 365, RPA, Digital Applications, and Mobility Solutions.
- Water Resource Management Solution: This involves automation solutions to modernize irrigation water conservation and improve water use efficiency, Turnkey flood risk assessment and mitigation, cloud-based water utilization process automation for water sharing in rivers and canals, and SCADA gate control systems.
Canarys Automations' solutions span across various industry sectors, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance, and more.
The company has provided business applications to over 1000 customers. Besides India, the company has serviced customers from more than 10 countries. These include USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Srilanka and Indonesia. These customers come from diverse industries.
Canarys Automations IPO Details
| Price Band | ₹29 to ₹per share |
| Issue Size | 15,172,000 shares (aggregating up to ₹47.03 Cr) |
| Fresh Issue | 15,172,000 shares (aggregating up to ₹47.03 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 41,011,920 |
| Share holding post issue | 56,183,920 |
| Market Maker portion | 760,000 shares Alacrity Securities |
Canarys Automations IPO Reservation
Canarys Automations IPO Anchor Investors Details
Canarys Automations IPO raises Rs 13.39 crore from anchor investors. Canarys Automations IPO Anchor bid date is September 26, 2023.
| Bid Date | September 26, 2023 |
| Shares Offered | 4320000 |
| Anchor Portion Size (In Cr.) | 13.39 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 21, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 15, 2024 |
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 2,003.04 | 4,753.57 | 6,377.89 |
| Revenue | 2,578.22 | 5,199.93 | 7,547.28 |
| Profit | 210.42 | 455.81 | 852.51 |
| Net Worth | 1,258.17 | 1,683.44 | 2,537.91 |
| Reserves | 546.90 | 755.40 | 1,609.87 |
| Borrowing | 879.33 | 1,415.61 |