3 - 4 minutes readContaine Technologies IPO Date

Containe Technologies IPO Details: Containe Technologies’ IPO date has been set. The IPO will begin on September 20 and end on September 22, 2022. Containe Technologies is a BSE SME IPO that plans to raise Rs. 2.62 crores through the IPO. The price band for Containe Technologies’ IPO is Rs. 15, with a market lot of 8000 shares.

Containe Technologies IPO

Containe Technologies IPO Details

IPO Opening DateSep 20, 2022
IPO Closing DateSep 22, 2022
Price BandRs. 10 per share
Lot Size8000 Shares
Issue Size (Rs. Cr.)1,744,000 shares of Rs. 10 (aggregating up to Rs. 2.62 Cr)
Fresh Issue1,744,000 shares of Rs. 10 (aggregating up to Rs. 2.62 Cr)
Face ValueRs. 10 per share
Issue TypeFixed Price Issue IPO
Exchange BoardBSE, SME
Retail Shares Offered50%
NII (HNI) Shares Offered50%
Basis of Allotment DateSep 27, 2022
Initiation of RefundsSep 28, 2022
Credit of Shares to Demat AccountSep 29, 2022
Containe Technologies IPO Listing DateSep 30, 2022

Containe Technologies IPO Date

Containe Technologies IPO issue will be available for subscription from September 20, 2022 to September 22, 2022.

Containe Technologies IPO Issue Size

Containe Technologies IPO Issue Size is Rs. 2.62 Cr. Mr. Anand Kumar Seethala and Mrs. Botcha Bhavani are the company promoters.

Containe Technologies IPO Price

Shares will be sold by the company for between Rs. 15 each. Containe Technologies face value is Rs. 10 per equity share.

Containe Technologies IPO Lot Size

The lot size for the Containe Technologies IPO is 8000 shares. A retail investor can apply for up to one lot (8000 shares or Rs. 120,000).

Containe Technologies Allotment Date and Listing Date

The basis of allotment date of Containe Technologies IPO is Sep 27, 2022 and its Initiation of Refunds date is Sep 28, 2022. A successful trade’s shares will credit to Demat account on Sep 29, 2022. Containe Technologies IPO’s listing date is Sep 30, 2022.

About Containe Technologies Limited IPO

Containe Technologies Limited (CTPL), founded in 2008, is a company that provides Automobile Safety and GPS solutions to the automotive industry. The company produces a wide range of technologically advanced electronic and mechanical automotive products.

Containe Technologies Limited is an ISO 9001:2015 certified company that specialises in the design, development, manufacturing, supply, and service of electronic speed limiting devices and GSM/GPRS/GPS/IRNSS based communication and control of vehicle location tracking devices, as well as the marketing and sales of IoT devices and lithium ion battery operated 2-wheeler and 3-wheeler auto rickshaws.

The company manufactures electronic Speed Limiting Devices (SLD), “MOTOREYE & LIMITS” Brand Electronic Fuel Regulators, and Pedal Interfaces for vehicles ranging from BS-IV Standards to older vehicles.

Containe Technologies Limited operates a single manufacturing facility in Marriguda, Secunderabad, Hyderabad. The majority of the company’s products are sold through distributors and dealers.

Promoters of Containe Technologies IPO

Containe Technologies Limited is promoted by Mr. Anand Kumar Seethala and Mrs. Botcha Bhavani.

Containe Technologies IPO FAQs

What is Containe Technologies IPO?

Containe Technologies IPO is a SME IPO consisting of 1,744,000 equity shares with a face value of Rs. 10 and a total value of Rs. 2.62 crores. The share price is Rs. 15 per share. The order quantity is limited to 8000 shares.

The initial public offering (IPO) begins on September 20, 2022 and ends on September 22, 2022.

The registrar for the IPO is Cameo Corporate Services Limited. The shares are proposed for listing on the BSE SME.

When Containe Technologies IPO will open?

The Containe Technologies IPO opens on Sep 20, 2022 and closes on Sep 22, 2022.

What is the lot size of Containe Technologies IPO?

Containe Technologies IPO lot size is 8000 Shares

How to apply for Containe Technologies IPO?

You can apply in Containe Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Containe Technologies IPO allotment?

The finalization of Basis of Allotment for Containe Technologies IPO will be done on Sep 27, 2022, and the allotted shares will be credited to your demat account by Sep 29, 2022.

When is Containe Technologies IPO listing date?

The Containe Technologies IPO listing date is Sep 30, 2022.

Who is the registrar ofContaine Technologies IPO?

The registrar for Containe Technologies IPO is Cameo Corporate Services Limited.

What is Containe Technologies IPO Price Band?

Containe Technologies IPO price is Rs. 10 per equity share.