Presstonic Engineering IPO Allotment Status, SME IPO GMP Today, Check Allotment

Presstonic Engineering IPO Allotment Status- Presstonic Engineering, a key player in the Indian railway industry, has announced its plans to go public with an initial public offering (IPO) on the BSE SME platform. Before we are going to know more about IPO Details, if you want daily updates of Stock market News or IPO GMP Today Details the Follow us on Whatsapp Channel

The company aims to raise Rs 23.30 crore through the IPO, which will involve the issuance of 32.36 lakh equity shares at a price of Rs 72 per share. Notably, 50% of these shares are reserved for retail investors.

Presstonic Engineering IPO Dates

IPO Open DateMonday, December 11, 2023
IPO Close DateWednesday, December 13, 2023
Basis of AllotmentThursday, December 14, 2023
Initiation of RefundsFriday, December 15, 2023
Credit of Shares to DematFriday, December 15, 2023
Listing DateMonday, December 18, 2023

The IPO process is scheduled to kick off on Monday, December 11, and will run until Wednesday, December 13. Following the closure of the IPO, Presstonic Engineering will finalize the share allotments on Thursday, paving the way for the company’s shares to make their market debut the following Monday.

Finshore Management is leading the public offering, with Cameo Corporate Services acting as the registrar for the IPO. The decision to go public aligns with the current growth trajectory of India’s railway network, which caters to approximately 24 million passengers daily and has witnessed an annual freight traffic increase of around 8%.

Presstonic Engineering IPO Company Fundamentals

Period Ended31 Mar 202131 Mar 202231 Mar 202330 Sep 2023
Profit After Tax-16.9414.06256.14152.21
Net Worth223.16237.22493.36645.57
Reserves and Surplus-0.3713.69269.83198.5
Total Borrowing1,774.951,797.081,645.271,536.97
Amount in ₹ Lakhs

Presstonic Engineering’s foray into the public market comes at a strategic time, capitalizing on the robust performance of the Indian railway sector. For the quarter ending in September of FY23, the company reported impressive financials, boasting a revenue of Rs 14.31 crore and a profit of Rs 1.52 crore.

The IPO is poised to attract significant attention from investors and market watchers eager to capitalize on the momentum in India’s railway industry. The decision to reserve half of the equity shares for retail investors reflects Presstonic Engineering’s commitment to broadening its shareholder base and democratizing its ownership.

Presstonic Engineering IPO Lot Size

Retail (Min)11600₹115,200
Retail (Max)11600₹115,200
HNI (Min)23,200₹230,400

This public offering is expected to further fuel Presstonic Engineering’s growth and expansion plans, providing the necessary capital to meet the increasing demands of the thriving railway sector. As India’s railway network continues to evolve, investors see an opportunity to participate in the success story of a company poised to play a vital role in the country’s transportation infrastructure.

How to check Presstonic Engineering IPO Allotment Status

Step 1 : Visit the Official Website: Go to the official website of the registrar responsible for handling IPO allotments. (
Step 2 : Find Presstonic Engineering IPO, for Accent Microcell Registrar is Cameo Corporate Services Limited
Step 2 : Go to Cameo Corporate Website (
Step 3 : Select Presstonic Engineering IPO
Step 4 : then Select Pan No (It is Best Fast Result) and enter Pan Card Number
Step 5 : Enter Captcha then Submit, pop up of Allotment Status is Appear

Presstonic Engineering IPO Allotment Status (Registrar)

Cameo Corporate Services Limited
Phone: +91-44-28460390

Presstonic Engineering IPO Promoter Holding

Share Holding Pre Issue99.97%
Share Holding Post Issue57.99%

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