Presstonic IPO - Presstonic Engineering Limited IPO, Date, GMP Price

Presstonic Engineering Limited IPO, Date, GMP Price

The Rs 23.30 crore Presstonic Engineering IPO is a fixed-price offering. This is a 32.37 lakh share fully new issue.

The subscription period for the Presstonic Engineering IPO begins on December 11, 2023, and ends on December 13, 2023. On Thursday, December 14, 2023, the allotment for the Presstonic Engineering IPO is anticipated to be completed. The NSE SME will host the Presstonic Engineering IPO, with a provisional listing date of Monday, December 18, 2023.

The IPO price of Presstonic Engineering is ₹72 per share. A minimum lot size of 1600 shares is required for an application. Retail investors are needed to invest a minimum of ₹115,200. For HNI, a minimum investment of two lots (3,200 shares) of ₹230,400 is required. The bookrunner is Finshore Management Services Limited.

Presstonic Engineering Limited IPO, Date, GMP Price

Presstonic Engineering IPO Details

IPO Date

December 11, 2023 to December 13, 2023

Listing Date


Face Value

₹10 per share


₹72 per share

Lot Size


Total Issue Size

3,236,800 shares (aggregating up to ₹23.30 Cr)


Fresh Issue


(aggregating up to ₹23.30 Cr)

Issue Type

Fixed Price Issue IPO

Listing At


Share holding pre issue


Share holding post issue


Market Maker portion


Presstonic Engineering IPO Timeline (Tentative Schedule)

Presstonic Engineering IPO opens on 11-12-2023, and closes on December 13-12-2023.

IPO Open Date

Monday, December 11, 2023

IPO Close Date

Wednesday, December 13, 2023

Basis of Allotment

Thursday, December 14, 2023

Initiation of Refunds

Friday, December 15, 2023

Credit of Shares to Demat

Friday, December 15, 2023

Listing Date

Monday, December 18, 2023

Cut-off time for UPI mandate confirmation

5 PM on December 13, 2023

Incorporated in 1996, Presstonic Engineering Limited articles articles for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure.

The aggregation offers a advanced ambit of products, including Rolling Stock Interior Articles such as Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels. They additionally accomplish IP-rated enclosures, alarm ascent brackets, ballastless abutment brackets, DCS masts, ladder assemblies with DCS mast platforms, Steel Structures, Aluminum Murals, Abutment Structures for Solar Panels, Wire Forms, and Cable Trays.r Panels, Wire Forms, and Cable Trays.

The company's accomplishment ability and R&D Division are anchored in Bangalore. The company's accomplishment ability is advance over approx. 28,317.50 sq.ft.

The company's business archetypal is order-based. As on March 31, 2023, the aggregation accept an abridged adjustment book of Rs 6,389.57 lakhs.

Presstonic Engineering Limited food articles to adapted industries forth with State Govt. Central Govt. and PSUs.

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