Brisk Technovision IPO Review

 
Brisk Technovision IPO Review

IPO Open Date: January 22, 2024

IPO Close Date: January 24, 2024

IPO Price: ₹156 per share

Lot Size: 800 Shares

Listing: January 30, 2024

Brisk Technovision is scheduled to hit the market on January 22, 2024 and close on January 24, 2024. Brisk Technovision plans to raise around ₹12.48 Cr through an IPO with a sale of up to 800,000 equity shares of ₹10 each. The Retail offered 50%, Others Offered 50%.

Incorporated in March 2007, Brisk Technovision Limited specializes in delivering comprehensive information technology solutions to corporate clients across India.

The primary focus of the company revolves around providing third-party hardware products, including servers, desktops, personal computers, and laptops, along with third-party software tailored to the specific needs of Indian corporate customers. Beyond hardware and software, Brisk Technovision Limited extends its services to encompass the design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware. In recent financial years, the company has strategically shifted its emphasis towards expanding its service offerings, demonstrating a commitment to meeting the evolving needs of its clientele.

Brisk Technovision IPO Review


Brisk Technovision IPO Details

Brisk Technovision IPO opens on Jan 22, 2024, and closes on Jan 24, 2024. The Listing date for Brisk Technovision IPO is on Jan 30, 2024. The price band for IPO is ₹156 per share and lot size of 800 Shares.

IPO DateJan 22, 2024 to Jan 24, 2024
Listing DateJan 30, 2024
Price₹156 per share
Lot Size800 Shares
Issue Size₹112.00 Cr
Face Value₹10 per share

Brisk Technovision IPO Tentative Timetable

Brisk Technovision opening date is January 22, 2024 and close date is January 24, 2024. The IPO allotment date is January 25, 2024. The refund initiation of IPO is on January 29, 2024. The credit of shares in demat account is on January 29, 2024. The listing date is on January 30, 2024.

EventDate
IPO OpeningJan 22, 2024
IPO ClosingJan 24, 2024
IPO Allotment DateJan 25, 2024
Refund InitiationJan 29, 2024
Shares Credit to DematJan 29, 2024
Lisiting DateJan 30, 2024

Brisk Technovision IPO Lot Size

Lot Size of this IPO is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹124,800).

CategoryLotsSharesAmount
Retail(Minimum)1800₹124,800
Retail(Maximum)1800₹124,800
HNI (Minimum)21600₹249,600

Brisk Technovision IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding59.99%

Brisk Technovision IPO Review

Brisk Technovision Limited, a Mumbai-based company set to launch its Initial Public Offering (IPO), operates in the IT sector and employs 119 individuals handling various functions. Notably, the client list includes prominent names like Saraswat Bank, Ipca Laboratories, Union Bank of India, and more. The company boasts two certifications—Quality Management System and IT-Infrastructure Management—aligning with ISO standards. As of January 2024, Brisk Technovision carries no debt, maintaining a profitable streak with an asset-light business model for over a decade. The financials indicate a decrease in revenue by -16.64% and an impressive 81.58% rise in Profit After Tax (PAT) between March 2022 and March 2023. Key performance indicators reveal a robust Return on Equity (ROE) of 41.56%, Return on Capital Employed (ROCE) at 54.71%, and a negligible Debt/Equity ratio of 0.03.

The IPO is set at a market capitalization of Rs 31.2 Cr, with a Pre-IPO EPS of Rs 9.95 and Post-IPO EPS of Rs 15.25. The Pre-IPO Price to Earnings (P/E) ratio stands at 15.69, while the Post-IPO P/E ratio is 10.23. The issue is debt-free, and the funds raised will go to the selling shareholders. However, it's crucial to evaluate the company's growth plans, competitive landscape, and market dynamics before making an investment decision.

Brisk Technovision Limited presents a compelling profile with strong financials, certifications, and a debt-free status. The IPO's success could enhance the company's visibility and brand image. However, investors should conduct a thorough analysis of the company's growth strategy and market conditions before deciding to subscribe to the IPO.

Brisk Technovision IPO Subscription Status (Bidding Details)

Table not found

Brisk Technovision IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Brisk Technovision IPO FAQs

What is Brisk Technovision IPO?

Brisk Technovision is issuing 800,000 equity shares with a face value of ₹10 each, totaling up to ₹12.48 Cr. The shares are being offered at a price of ₹156 each, with a minimum order quantity of 800 shares.

Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Brisk Technovision IPO will open?

Brisk Technovision will open on January 22, 2024 for QIB, NII, and Retail Investors.

When Brisk Technovision IPO will end?

Brisk Technovision will end on January 24, 2024.

What is Brisk Technovision IPO Size?

Brisk Technovision IPO size is ₹12.48 Cr.

What is Brisk Technovision IPO Price Band?

Brisk Technovision price band is ₹156 per share.

What is the Brisk Technovision IPO Allotment Date?

Brisk Technovision allotment date is January 25, 2024.

What is the Brisk Technovision IPO Listing Date?

Brisk Technovision listing date is January 30, 2024. The IPO is to be listed on BSE and NSE.

How to Brisk Technovision IPO through Zerodha?

To apply for the IPO “Brisk Technovision” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Brisk Technovision IPO through Upstox?

To apply for the IPO “Brisk Technovision” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Brisk Technovision IPO Allotment Status?

For Brisk Technovision IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Brisk Technovision IPO GMP?

You can check out here: Brisk Technovision IPO GMP

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I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

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