Canarys Automations Limited

Canarys Automations Limited

SMEClosed

₹1,24,000(4,000 Shares)

Minimum Investment

IPO Dates

Sep 27, 2023 – Oct 3, 2023

Price Band

₹29–31 per equity share

Lot Size

4000

Listing

Oct 11, 2023

Listing At

NSE SME

Sep 27, 2023Open DateCompleted
Oct 3, 2023Close DateCompleted
TBAAllotment DateUpcoming
Oct 11, 2023Listing DateCompleted

Canarys Automations Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail11.70x

Overall Subscription

Total Bids Received

9.55x

Canarys Automations Limited IPO Issue Details

Issue Price
₹29-31 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Oct 11, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)14,000₹1,24,000
Retail (Max)14,000₹1,24,000
sHNI (Min)28,000₹2,48,000

Company Information

Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence.The company has two business verticals:1. Technology solutions: This inclu...

Valuations

RoNW

31.64%

Objectives of the Issue

  1. 1Funding of expenditure relating to solutions development for digital transformation and water resources management solutions.
  2. 2Creation of a new delivery center including infrastructure thereof and upgrading existing facilities.
  3. 3Funding working capital requirements of the Company.
  4. 4General corporate purposes.

Canarys Automations Limited – Promoter(s)

Mr. Metikurke Ramaswamy Raman Subbarao
Mr. Danavadi Krishnamurthy Arun
Mr. Raghu Ch
rashekhariah
Mr. Sheshadri Yedavanahalli Srinivas
Mr. Pushparaj Shetty
Mr. Nagaraju Vineeth

Contact Details

Canarys Automations Limited IPO Documents

Frequently Asked Questions — Canarys Automations Limited IPO

The Canarys Automations Limited IPO price band is set at ₹29.00 to ₹31.00 per equity share.

The lot size for Canarys Automations Limited IPO is 4000 shares per lot. The minimum investment amount is approximately ₹1,24,000.

The Canarys Automations Limited IPO opens on Sep 27, 2023 and closes on Oct 3, 2023.

Canarys Automations Limited IPO is expected to be listed on Oct 11, 2023 on NSE SME.

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