**Brisk Technovision IPO Overview:**
Brisk Technovision is set to launch its Initial Public Offering (IPO) with a fixed price issue of Rs 12.48 crores. The IPO includes a fresh issue component of Rs 0.00 crore and an offer for sale of 8 lakh shares. The subscription period is from January 22, 2024, to January 24, 2024.
**Issue Details:**
– **IPO Price:** ₹156 per share
– **Lot Size:** 800 Shares
– **Total Issue Size:** 800,000 shares, aggregating up to ₹12.48 Cr
– **Minimum Investment:** ₹124,800 for retail investors
– **Minimum Lot Size for HNI:** 2 lots (1,600 shares), amounting to ₹249,600
**Key Dates:**
– IPO opens on January 22, 2024, and closes on January 24, 2024.
– Allotment is expected on January 25, 2024.
– Listing on BSE SME is scheduled for January 30, 2024.
**Financial Snapshot:**
Brisk Technovision, incorporated in March 2007, specializes in providing IT solutions to corporate clients in India. The company’s focus includes third-party hardware products, software, data center services, networking, and maintenance contracts. Notably, it holds certifications for Quality Management System and IT-Infrastructure Management.
**Financial Performance:**
– Revenue: ₹1,577.27 lakhs (as of September 30, 2023)
– Profit After Tax: ₹152.48 lakhs (as of September 30, 2023)
– Market Capitalization: Rs 31.2 Cr
**Key Performance Indicators (KPIs):**
– Return on Equity (ROE): 41.56%
– Return on Capital Employed (ROCE): 54.71%
– Debt/Equity: 0.03
– Return on Net Worth (RoNW): 41.56%
– Price-to-Book Value (P/BV): 0
**Earnings Per Share (EPS) and Price-Earnings (P/E) Ratio:**
– Pre IPO EPS: ₹9.95
– Post IPO EPS: ₹15.25
– Pre IPO P/E: 15.69
– Post IPO P/E: 10.23
**Promoter Holding:**
The promoters, Sankarnarayanan Ramasubramanian and Ganapati Chittaranjan Kenakre, hold 99.99% of shares pre-issue and 59.99% post-issue.
**Objects of the Issue:**
The IPO proceeds will go to the Selling Shareholders, as the company will not receive any funds. Listing is expected to enhance visibility, brand image, goodwill, and provide liquidity to shareholders.
Investors are encouraged to refer to the Brisk Technovision IPO RHP (Red Herring Prospectus) for detailed information.
