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Artemis Electricals Limited IPO

Artemis Electricals Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 70.00 (+16.67%)

Artemis Electricals Limited's successfully completed its Initial Public Offering and commenced trading on 14-05-2019 at the BSE exchange. The company raised 70,00,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹55 to ₹60, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from 24-04-2019 to 06-05-2019.

Share allotment was finalized on 08-05-2019, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Artemis Electricals IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Artemis Electricals IPO Key Performance Indicator
Company Financials ( in Lakhs )

Artemis Electricals IPO About Company

Artemis Electricals Limited, incorporated in 2009 and based in Mumbai, is engaged in the manufacturing and trading of LED lights and LED lighting accessories, catering to both indoor and outdoor lighting needs. The company manufactures LED drivers at its Vasai facility and uses third-party facilities for LED bulbs, supplying finished products to OEMs who brand and sell them to retail customers. Its product portfolio includes LED panel lights, street lights, solar-powered lights, downlights, spotlights, architectural lights, bulbs, and solar-powered fans and lanterns. With a workforce of 32 employees and 11 contractors, including two in R&D, the company operates primarily from its Vasai manufacturing plant. As of October 2018, Artemis Electricals reported revenues of Rs 5,241.26 lakhs from the sale of LED products and accessories, without a clear split between manufacturing and trading income.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Artemis Electricals IPO Strength Factors

  1. In-House Value Chain: Manages the complete production and service process internally.
  2. Strategic Manufacturing Location: Facility located in Vasai.
  3. Timely Execution: Ensures projects are completed on schedule.
  4. Strong Client Base: Serves a loyal and diverse set of customers.
  5. Government Contracts: Engaged in projects with government clients.

Artemis Electricals IPO Risk Factors

NA


Artemis Electricals IPO Lead Manager(s)

  • Fedex Securities Private Limited

Artemis Electricals IPO Promoter(s)

  1. Mr. PravinKumar Agarwal.
  2. M/s Yashvikram Infrastructure Private Limited

Artemis Electricals IPO Company Details

Artemis Electricals Limited
Phone:
address:

Artemis Electricals IPO Registrar

Cameo Corporate Services Limited
Name:
Phone:

Artemis Electricals IPO FAQs