
Brisk Technovision Limited
IPO Details
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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.
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.
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."
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- Sankarnarayanan Ramasubramanian
- Ganapati Chittaranjan Kenakre
Brisk Technovision Limited
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