Canarys Automations Ltd IPO — GMP ₹0

Important Dates

6/6 completed

Open

Allotment

Refund

Demat

Listing

Done

Open Date

27 Sep 2023

Wed Completed

Done

Close Date

03 Oct 2023

Tue Completed

Done

Allotment

06 Oct 2023

Fri Completed

Done

Refund

09 Oct 2023

Mon Completed

Done

Demat Credit

10 Oct 2023

Tue Completed

Done

Listing Date

11 Oct 2023

Wed Completed

UPI Deadline: 03 Oct 2023

Issue Details

Pricing & Size

Issue Price

₹31 Face ₹2

Lot Size

4,000 shares

Min Investment

₹124,000

Total Issue Size

1,51,72,000 shares (aggregating up to ₹47.03 Cr)

IPO Information

Issue Type

Bookbuilding IPO

Sale Type

Fresh Capital

Listing Exchange

NSE SME

Script / Ticker

Allocation Breakdown

Market Maker

7,60,000 (5.01%)

QIB Portion

72,00,000 (47.46%)

NII / HNI

21,64,000 (14.26%)

Retail

50,48,000 (33.27%)

Employee

Net Offer to Public

1,44,12,000 shares (aggregating up to ₹44.68 Cr)

Shareholding Pattern

Pre-Issue Shareholding

4,10,11,920 shares

Post-Issue Shareholding

5,61,83,920 shares

Application Size

Category	Min Lots	Shares	Amount
Retail (sNII)	1	4,000	₹1,24,000
HNI / NII	2	8,000	₹2,48,000

Objects of Issue

4 objectives

Funding of expenditure relating to solutions development for digital transformation and water resources management solutions

11.00 Cr

Creation of new delivery centre including infrastructure thereof and upgrading existing facilities;

8.94 Cr

Funding working capital requirements of the Company

15.00 Cr

General corporate purposes

6.09 Cr

Lead Managers & Market Maker

Book Running Lead Managers

Indorient Financial Services Ltd

Market Maker

Alacrity Securities Ltd

IPO Timeline

Open

27 Sep

✓ Done

03 Oct

✓ Done

Allotment

06 Oct

✓ Done

Listing

11 Oct

✓ Done

Registrar Details

MUFG Intime India Pvt.Ltd

SEBI Registered Registrar & Transfer Agent

Phone

+91-22-4918 6270

canarys.ipo@linkintime.co.in

Website

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment Status

Company Contact

Website

https://ecanarys.com/

nagashree.hegde@ecanarys.com

Phone

+91 98458 62780

Address

No. 566 & 567, 2nd Floor, 30th Main, Attimabbe Road, Banagirinagara, Banashankari 3rd Stage, Bengaluru, Karnataka, 560085

Grey Market Premium

LIVE

Current GMP

+₹0

+0% vs Issue Price

Issue Price

₹31

Est. Listing

₹31

Lot Size

4,000 shares

P&L / Lot

+₹0

GMP is unofficial grey market data. Does not guarantee listing price or returns.

GMP Return Calculator

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GMP (₹)

Lot Size

Number of Lots

Estimated Listing

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Expected P&L

ROI

Canarys Automations Ltd LIVE

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| Price

Market Reference

IPO Issue Price

₹31

GMP

+₹0 (+0%)

GMP Est. Listing

₹31

Previous Close

—

Exchange

—

Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.

Category-wise Subscription

Category	Sub (×)	Offered	Bid For	Amt (Cr)*
QIB	—	72,00,000 (47.46%)	—	₹2,232.00 Cr
NII / HNI (Total)	—	21,64,000 (14.26%)	—	₹670.84 Cr
Retail Investors	—	50,48,000 (33.27%)	—	₹1,564.88 Cr
Total **	—	1,51,72,000 (100.00%)	—	₹47,033.20 Cr
Market Maker *	—	7,60,000 (5.01%)	—	₹23.56 Cr

* Based on ₹31.00 (upper price band)

NII / HNI Breakdown

Shares Reserved

QIB

72,00,000 (47.46%)

NII

21,64,000 (14.26%)

Retail

50,48,000 (33.27%)

Market Maker

7,60,000 (5.01%)

* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial Summary

Amount in ₹ Lakhs

Metric	31 Mar 2023	31 Mar 2022	31 Mar 2021
Revenue	7547.28	5199.93	2578.22
PAT	852.51	455.81	210.42
EBITDA	—	—	—
Net Worth	2537.91	1683.44	1258.17
Total Assets	6377.89	4753.57	2003.04
Reserves	1609.87	755.40	546.90
Borrowings	1415.61	879.33	—

Key Financial Ratios

31.64%

RONW

Return on Net Worth

3.92

Pre EPS

EPS Pre-Issue

15.82

Pre P/E

P/E Pre-Issue

20.39

Post P/E

P/E Post-Issue

About Canarys Automations Ltd

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.

Frequently Asked Questions

What is the issue price of Canarys Automations Ltd IPO?

The issue price of Canarys Automations Ltd IPO is ₹31 per share, face value ₹2.

What is the lot size?

Minimum lot size is 4,000 shares, requiring ₹124,000.

What are the IPO dates?

Opens 27 Sep 2023, closes 03 Oct 2023.

When is the listing date?

Tentative listing: 11 Oct 2023 on NSE SME.

What is the current GMP?

Current GMP is +₹0, estimated listing ₹31 (+0%). GMP is unofficial.

How to apply?

Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Canarys Automations Ltd IPO · Expected 06 Oct 2023

Check on Registrar

Post-IPO Timeline

Allotment Date

06 Oct 2023

Refund Initiation

09 Oct 2023

Demat Credit

10 Oct 2023

Listing Date

11 Oct 2023

Live Price LIVE

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Quick Facts

Closed

GMP Signal

Bullish

+₹0

+0%

Issue Price

₹31

Face ₹2

Lot Size

4,000

shares / lot

Min Amount

₹124,000

1 lot

Est. Listing

₹31

GMP +₹0

Key Dates

Open

27 Sep Done

03 Oct Done

Listing

11 Oct Done

Registrar

MUFG Intime India Pvt.Ltd