Precision Metaliks Limited IPO Price, GMP, Review, Allotment, Dates


Precision Metaliks Limited IPO Details:

When is Precision Metaliks Limited IPO Launching?

The Precision Metaliks Limited IPO opens on Jan 19, 2022, and closes on Jan 24, 2022.

Precision Metaliks Limited IPO Tentative Timetable

The Precision Metaliks IPO open date is Jan 19, 2022, and the close date is Jan 24, 2022. The issue may list on Feb 2, 2022.

IPO Open Date Jan 19, 2022
IPO Close Date Jan 24, 2022
Basis of Allotment Date Jan 28, 2022
Initiation of Refunds Jan 31, 2022
Credit of Shares to Demat Account Feb 1, 2022
IPO Listing Date Feb 2, 2022

Precision Metaliks Limited IPO Lot Size

The Precision Metaliks IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹102,000
Maximum 1 2000 ₹102,000


Precision Metaliks Limited IPO Share Price

Precision Metaliks IPO is an SME IPO of 4,300,000 equity shares of the face value of ₹10 accumulating up to ₹21.93 Crores. The issue is estimated at ₹51 per equity share. The base request quantity is 2000 Shares.

Precision Metaliks Limited IPO Promoter Holding

Pre Issue Share Holding 79.70%
Post Issue Share Holding 58.62%


Precision Metaliks Limited Board of Directors

  • Smt. Jayanthi Roja Ramani – Director
  • Mr. Sadhanala Venkata Rao – Director
  • Mr. Sevvana Venkata Raman Rao – Director
  • Percy Homi Italia – Independent Director
  • Revoor Ramchandra – Independent Director
  • B V V Prakash Rao – Chief Financial Officer
  • Rakesh Kumar – Company Secretary

Precision Metaliks Limited Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,147.71 1,367.27 302.59
Total Revenue 4,924.13 2,217.96 5.28
Profit After Tax 149.35 82.39 0.46


About Precision Metaliks Limited 

Established in 2012, Precision Metaliks is occupied with trading and manufacturing Aluminum Alloy Wheels and completing Alloy wheels for example cleaning, washing, buffing, polishing, testing, and packing. Its manufacturing unit is arranged at Visakhapatnam SEZ, Duvada, Visakhapatnam, Andhra Pradesh.

  1. Value-added services on Alloy wheels for a significant customer, Synergies Casting Ltd (SCL). It is additionally wanting to supply completed Alloy Wheels with assistants to the USA market through Silver MetalX INC, USA.
  2. Automated cleaning of Aluminum chips + briquetting into Ingots.
  3. Robotic polishing of alloy wheels for example robotic grinding, buffing, automatic media polishing, and 3D polishing.
  4. Other Engineering services for example top of the line design engineering, product development, prototyping, tooling design, and so forth

Company Contact Information

Precision Metaliks Limited
6-3-855/10/A, Flat No. 4A, Sampathji Apartments
Saadat Manzil, Ameerpet,
Phone: 91 891 4884132

Precision Metaliks Limited IPO GMP

Not available

Precision Metaliks IPO Subscription – Live Updates

Category Non-retail Retail Total
Shares Offered
Day 1
Day 2
Day 3
Day 4

Precision Metaliks Offer Allotment Status

Precision Metaliks IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.

How to apply for Precision Metaliks Limited IPO

You can apply in Precision Metaliks IPO online utilizing either UPI or ASBA as a payment strategy. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by brokers who don’t offer banking services. Peruse more insight regarding applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Final Review Precision Metaliks Limited IPO

Precision Metaliks Private Limited is significantly in null business for the most recent 10 years and presently, organization operations are dynamic. Current board members and directors are JAYANTHI RAMANI ROJA and PADMAJA NANDIGANA.

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