ANI integrated services ipo

ANI integrated services ipoANI Integrated Services IPO

ANI Integrated Services finally receives the approval of SEBI to come up with its public offering. The company is engaged in the business of providing manpower in the field of engineering services such as Erection and Installation of Electrical instruments, mechanical turnkey projects, operations and maintenance, commissioning assistance, shut down services and deputation of manpower. ANI Integrated Services IPO will become available to the general public from November 8, 2017.

Company Business

ANI Integrated Services company is involved in the business of providing manpower deputation services in the field of engineering services. The company not provides services within India but also provides engineering services in the international projects that took place in countries namely Thailand, UAE, Saudi Arabia, etc.

Some of the big clients of ANI Integrated services are Larsen & Turbo Industries, Tata Consultancy Engineers Limited, Reliance Industries, Nestle India, Mondelez India Foods Limited, GAIL, etc.

Company Promoters

The promoter of the company is Mr. Navin Nandkumar Korpe.

Objective of the Issue

ANI Integrated Services IPO involves both fresh issue and offer for sale. From offer for sale, company won’t be receiving anything.

However, company will receive money from fresh issue and it will be utilize to fulfill the following objectives –

  1. To fulfill the working capital requirement.
  2. To meet the general corporate purpose.
  3. Repayment of borrowings.
  4. To meet the issue expenses.

ANI  – Company Financials

This is the summary of ANI Integrated Services Company’s financial information of the last 5 years in consolidated form:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. Crores)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Revenue 63.6 40.0 23.6 19.8 12.9
Total Expenses 51.7 37.1 21.9 18.0 11.7
Profit After Tax (PAT) 7.9 1.8 1.2 1.0 0.9

Valuation of ANI Integrated Services

  • Earnings Per Share (EPS): Rs 7.88
  • Price/Earnings (P/E) ratio: 12.69
  • Return on Net Worth (RONW): 55.59%
  • Net Asset Value (NAV): Rs 141.74 per share

ANI Integrated Services Company Issue Details

  • ANI Integrated Services IPO Open Date – 8 November 2017
  • IPO Close Date – 10 November 2017
  • Issue Size – 2,565,600 Equity Shares of Rs 10 amount to Rs 25.66
    Fresh Issue of 1,687,200 Equity Shares of Rs 10 amount to Rs 16.87 , Offer for Sale of 878,400 Equity Shares of Rs 10 amount to Rs 8.78
  • Face Value – Rs 10 per share
  • Issue Price – Rs 100 per equity share
  • Lot size – 1200 shares
  • Minimum order quantity – 1200 shares
  • Listing Stock exchanges – NSE and SME

ANI Integrated Services IPO Prospectus

ANI Integrated Services Lead Manager(s)