Incorporated in 2008, Containe Technologies Limited (CTPL) is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.
Containe Technologies Limited is an ISO 9001:2015 certified organization engaged in the business of Design, Development, Manufacturing, Supply & Service of Electronic Speed Limiting Devices and GSM/GPRS/GPS/IRNSS based Communication & Controlling Vehicle Location Tracking Devices, Marketing & Sales of IoT Devices & Lithium Ion Battery Operated 2- wheeler & 3-wheeler Auto Rickshaw.
The company is manufacturing electronic Speed Limiting Device (SLD), “MOTOREYE & LIMITS” Brand Electronic Fuel Regulator & Pedal Interface, suitable for the latest Vehicle of BS-IV Standards to the Oldest Vehicles.
Containe Technologies Limited have one manufacturing unit at Marriguda, Secunderabad, Hyderabad. The company’s products are mainly sold through distributors and dealers.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 625.5 | 292.29 | 5.39 |
| 31-Mar-21 | 720.73 | 60.43 | 0.66 |
| 31-Mar-22 | 800.4 | 206.98 | 4.34 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Objects of the Issue are:
A. To meet the working capital requirements
B. To meet the Issue Expenses
C. General Corporate Purposes
Containe Technologies IPO Details
| Containe Technologies IPO Date | Sep 20, 2022 to Sep 22, 2022 |
| Containe Technologies IPO Face Value | ₹10 per share |
| Containe Technologies IPO Price | ₹15 per share |
| Containe Technologies IPO Lot Size | 8000 Shares |
| Issue Size | 1,744,000 shares of ₹10 (aggregating up to ₹2.62 Cr) |
| Fresh Issue | 1,744,000 shares of ₹10 (aggregating up to ₹2.62 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
| Company Promoters | Mr. Anand Kumar Seethala and Mrs. Botcha Bhavani are the company promoters. |
Containe Technologies IPO Timeline
Containe Technologies IPO opens on Sep 20, 2022, and closes on Sep 22, 2022. The Containe Technologies IPO bid date is from Sep 20, 2022 10.00 A.M. to Sep 22, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| Containe Technologies IPO Opening Date | Sep 20, 2022 |
| Containe Technologies IPO Closing Date | Sep 22, 2022 |
| Basis of Allotment | Sep 27, 2022 |
| Initiation of Refunds | Sep 28, 2022 |
| Credit of Shares to Demat | Sep 29, 2022 |
| Containe Technologies IPO Listing Date | Sep 30, 2022 |
Containe Technologies IPO Lot Size
The Containe Technologies IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 1 | 8000 | ₹120,000 |
Containe Technologies IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.07% |
Containe Technologies IPO Prospectus
Company Contact Information
Containe Technologies Ltd
H. No. 3-13-142/ 341P,
342, Gokul Nagar, Marriguda
Mallapur, Secunderabad, Hyderabad – 500076
Phone: cs@containe.in
Email: +91 81432 24767
Website: http://www.containe.in/
Containe Technologies IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
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