Incorporated in 2012, Precision Metaliks is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is situated at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.
Key Products & Services
- Value-added services on Alloy wheels for a major client, Synergies Casting Ltd (SCL). It is also planning to supply finished Alloy Wheels with accessories to the USA market through Silver MetalX INC, USA.
- Automated cleaning of Aluminium chips + briquetting into Ingots.
- Robotic polishing of alloy wheels i.e. robotic grinding, buffing, automatic media polishing, and 3D polishing.
- Other Engineering services i.e. high-end design engineering, product development, prototyping, tooling design, etc.
Competitive strengths
- Specialized in finishing semi-finished alloy wheels.
- Low-cost infrastructure and high-end technology.
- Strong customer relationship.
- Professional and experienced management team.
| Particulars | For the year/period ended (₹ in Lakhs) | |||
|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 2,022.96 | 2,147.71 | 1,367.27 | 302.59 |
| Total Revenue | 4,813.35 | 4,924.13 | 2,217.96 | 5.28 |
| Profit After Tax | 214.57 | 149.35 | 82.39 | 0.46 |
Precision Metaliks IPO Details
| IPO Opening Date | Jan 19, 2022 |
| IPO Closing Date | Jan 24, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 4,300,000 Eq Shares of ₹10 (aggregating up to ₹21.93 Cr) |
Precision Metaliks IPO Tentative Timetable
The Precision Metaliks IPO open date is Jan 19, 2022, and the close date is Jan 24, 2022. The issue may list on Feb 2, 2022.
| IPO Open Date | Jan 19, 2022 |
| IPO Close Date | Jan 24, 2022 |
| Basis of Allotment Date | Jan 28, 2022 |
| Initiation of Refunds | Jan 31, 2022 |
| Credit of Shares to Demat Account | Feb 1, 2022 |
| IPO Listing Date | Feb 2, 2022 |
Precision Metaliks IPO Lot Size
The Precision Metaliks IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹102,000 |
| Maximum | 1 | 2000 | ₹102,000 |
Precision Metaliks Limited
6-3-855/10/A, Flat No. 4A, Sampathji Apartments
Saadat Manzil, Ameerpet,
Hyderabad-500016
Phone: 91 891 4884132
Email: cs@precision-metaliks.com
Website: http://www.precision-metaliks.com/