Finelistings Technologies IPO GMP, Review, Price, Allotment

Finelistings Technologies IPO description – Finelistings Technologies is involved in a diverse range of businesses, including (a) retailing pre-owned luxury cars; and (b) software development services.

In its pre-owned luxury car retail business, the company concentrates on premium and high-end luxury vehicles, with an average sale price of INR 40.00 lakhs. These include sedans, SUVs, sports cars, and convertibles. Additionally, the company provides after-sales services and repairs through affiliated service centers. It also assists clients in obtaining financial support from third-party financers. Finelistings Technologies commenced operations and inaugurated its inaugural showroom, operating under the brand name ‘Finecars,’ in August 2022 at Vasant Kunj, National Capital Region (NCR).

In its software development services, the company provides a range of offerings, including cloud-based services and IT consulting. These services encompass big data analytics, cloud architecture, data engineering, and IoT solutions. Additionally, the company offers solutions such as business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.

Under its buy-and-sell retail model, the company sold over 37 cars in FY 2023, 35 cars in FY 2022, and 14 cars in FY 2021. Additionally, during the stub period ending 31 July 2023, the company sold 14 cars. As of 31 October 2023, the company employed a total of 5 individuals.

Promoters of Finelistings Technologies – Aneesh Mathur, and Arjun Singh Rajput

Finelistings Technologies IPO Details

Fine Cars IPO Dates	Coming soon
Finelistings Technologies Issue Price	Coming soon
Fresh issue	1,100,000 shares
Offer For Sale	NIL
Total IPO size	1,100,000 shares
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	BSE SME

Finelistings Technologies Financial Performance

	FY 2021	FY 2022	FY 2023	4M FY 2024
Revenue	1.46	6.94	13.89	7.44
Expenses	1.70	6.98	11.56	5.73
Net income	(0.17)	(0.08)	1.79	1.23

Figures in INR Crores unless specified otherwise

Finelistings Technologies Offer News

Finelistings Technologies Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	(0.85)	(0.41)	8.78
PE ratio	–	–	–
RONW (%)	(30.69)	(17.39)	50.85
NAV	2.76	2.35	13.87
ROCE (%)	(41.54)	0.23	52.37
EBITDA (%)	(15.71)	0.19	18.08
Debt/Equity	–	2.09	0.36

*Compiled by IPO Central from Prospectus

Finelistings Technologies IPO GMP Today

Finelistings Technologies IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

Finelistings Technologies IPO Allotment Status

Finelistings Technologies IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.

Fine Cars IPO Dates & Listing Performance

Fine Cars IPO Opening Date	Coming soon
Fine Cars IPO Closing Date	Coming soon
Finalization of Basis of Allotment	Coming soon
Initiation of refunds	Coming soon
Transfer of shares to demat accounts	Coming soon
Fine Cars IPO Listing Date	Coming soon
Opening Price on BSE SME	Coming soon
Closing Price on BSE SME	Coming soon

Finelistings Technologies Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in

Finelistings Technologies Offer Registrar

SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: [email protected]
Website: www.skylinerta.com

FINELISTINGS TECHNOLOGIES LIMITED
G-07, Ground Floor, Ambience Mall, Nelson Mandela Road,
Vasant Kunj, South West Delhi, New Delhi – 110070, India
Phone: +91 93551 11911
E-mail: [email protected]
Website: www.finecars.co.in