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Brisk Technovision Limited Logo

Brisk Technovision Limited

Jan 23, 2024 – Jan 25, 2024
Listed Price:
₹175.00
(+12.18%)
Price Band₹156 - ₹156
Lot Size800 Shares
Allotment DateJan 29, 2024
Listing DateJan 31, 2024
Subscription47.15 Times
Issue Size₹12.48 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹35
(22.44%)

Premium (ELP)

Brisk Technovision Limited's successfully completed its Initial Public Offering and commenced trading on Jan 31, 2024 at the BSE exchange. The company raised 8,00,000 Shares through this public offering, comprising TBD in fresh capital and ₹12.48 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹156 to ₹156, with minimum application lots of 800 shares. The offering attracted significant investor interest during its subscription period from Jan 23, 2024 to Jan 25, 2024.

Share allotment was finalized on Jan 29, 2024, 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.

Brisk Technovision IPO Details
IPO Date
:
Jan 23, 2024 to Jan 25, 2024
Allotment Date
:
Jan 29, 2024
List Date
:
Jan 31, 2024
Lot Size
:
800 share
Issue Price
:
₹156 - ₹156
Issue Size
:
8,00,000 (aggregating up to 12.48 Cr)
Fresh Issue
:
-
Offer For Sale
:
8,00,000 (aggregating up to 12.48 Cr)
Listing At
:
BSE
Share Holding Pre-Issue
:
20,00,000
Share Holding Post-Issue
:
20,00,000
Market Marker Portion
:
40,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
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
Shares8,00,000
Retail
47.50%(3,80,000)
NII(HNI)
47.50%(3,80,000)
Market Maker
5.00%(40,000)
Total
100.00%(8,00,000)
Brisk Technovision IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in ₹ Lakhs)
Brisk Technovision IPO About Company

Incorporated in March 2007, Brisk Technovision Limited specializes in providing IT solutions to corporate clients in India, focusing on third-party hardware such as servers, desktops, laptops, and software solutions. The company also offers services including data center design and installation, enterprise networking, email management, system integration, and annual maintenance contracts (AMC) for hardware and IT infrastructure. In recent years, it has expanded its service offerings, catering to clients such as Saraswat Bank, Union Bank of India, Wockhardt, and Asian Heart Institute. As of November 30, 2023, Brisk Technovision employs 119 professionals managing business operations, administration, and compliance functions. The company holds ISO 9001:2015 and ISO 20000:2013 certifications for quality management, IT infrastructure, information security, and data center management. Operating on an asset-light business model, Brisk Technovision has remained profitable for over a decade and, as of January 2024, is debt-free.

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

✅Brisk Technovision IPO Strength Factors

NA

⚠️Brisk Technovision IPO Risk Factors

NA

🏦Brisk Technovision IPO Lead Manager(s)
Sun Capital Advisory Services (P) Limited
👤Brisk Technovision IPO Promoter(s)
  1. Sankarnarayanan Ramasubramanian
  2. Ganapati Chittaranjan Kenakre
🏢Brisk Technovision IPO Company Details

Brisk Technovision Limited

Phone:022 2577 5648
address:135, Damji Shamji Industrial Premises CHS Limited, LBS Marg, Vikhroli (West), Mumbai-400083,
📋Brisk Technovision IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited
Phone:04067162222
❓Brisk Technovision IPO FAQs
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