Canarys Automations Ltd

IT - Software

Offer Period :

27th to 10th Oct 2023

Established in 1991, Canarys Automations offers IT solutions in Digitalization, Modernization, Automation, and Intelligence. With expertise in technology solutions and water resource management, they cater to diverse sectors globally, Read more... serving over 1000 clients in 10+ countries, spanning BFSI, Retail, Healthcare, Manufacturing, and more.Read less

Canarys Automations Ltd IPO Details

IPO Date 27th to 10th Oct 2023 Minimum Investment ₹124000 / 1 Lots
Listing Date 2023-10-11 Maximum Investment ₹124000 / 1 Lots
Face Value ₹2 per share Total Issue Size ₹47.03 Crores
Price ₹31 to ₹31 per share Fresh Issue ₹47.03 Crores
Lot Size 1 Lots (4000 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 27th to 10th Oct 2023
Listing Date 2023-10-11
Face Value ₹2 per share
Price ₹31 to ₹31 per share
Lot Size 1 Lots (4000 Shares)
Listing At NSE-SME
Employee Discount ₹0 Crores
Minimum Investment ₹124000 / 1 Lots
Maximum Investment ₹124000 / 1 Lots
Total Issue Size ₹47.03 Crores
Fresh Issue ₹47.03 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

27th Sep

IPO Starts

3rd Oct

IPO Ends

6th Oct

Allotment Date

9th Oct

Initiation of Refund

10th Oct

Credit of Shares to Demat Account

11th Oct

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 73.94 0
Public Group 26.06 100

Canarys Automations Ltd IPO Reservation

QIB Shares Offered 2880000(18.98%)
NII (HNI) Shares Offered 2164000(14.26%)
Retail Shares Offered 5048000(33.27%)
Anchor Investor Shares Offered 4320000(28.47%)
Total Shares Offered 15172000
Total Shares With Anchor Investor 15172000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Canarys Automations Ltd IPO Registrar

Link Intime India Pvt Ltd
Phone Number +91- 810 811 4949
Email Id canarys.ipo@linkintime.co.in
Our Website www.linkintime.co.in

Canarys Automations Ltd IPO Lead Manager

1. Indorient Financial Services Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Canarys Automations Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Canarys Automations Ltd

1. High Quality Standards.

2. Value Creation Approach.

3. Sustainability Focus.

4. Customer Centric Approach.

5. Skilled and Experienced Team.

Risks Involved

1. The company commercial success is largely dependent upon its ability to successfully anticipate market needs and utilize and manage the company resources to upgrade and enhance existing solutions and services, develop and introduce new services and solutions that meet the end users' needs on a timely basis. Any failure to do so, might impact its ability to compete effectively and could make the company solutions obsolete, thereby adversely affecting of the revenue, reputation, financial conditions, results of operations and cash flow.

2. Failure to offer customer support in a timely and effective manner may adversely affect the company relationships with its customers.

3. The company revenues from operations are highly dependent on customers located in the United States of America (USA/US). Adverse economic conditions or factors that negatively affect the economic situation of that country could materially adversely affect its business, financial condition and results of operations.

4. The company generate a significant portion of its revenues from a small number of customers, and any loss or reduction of business from these customers could reduce the company revenues and materially adversely affect its business, financial condition, and results of operations.

5. If the company is unable to recover its dues from the customers, the company results of operations and cash flows could be materially adversely affected.

6. The company global operations expose it to numerous and sometimes conflicting legal and regulatory requirements, and any failure to comply with these laws and regulations could impose significant civil, criminal or monetary liability.

7. The company does not have long-term commitments with its customers, and the customers may terminate contracts before completion, negotiate adverse terms of the contract or choose not to renew contracts, which could materially adversely affect its business, financial condition and results of operations.

8. The company's business is dependent on the contractual arrangements entered into by it. Many of its client contracts can be terminated with or without cause by providing notice and without termination-related penalties.

9. The company contracts may become unprofitable. This may materially adversely affect its business, financial condition and results of operations.

10. The company is dependent on authorities of the Central government and State governments for a substantial proportion of its business and revenue. These authorities are highly dependent on state/central grants/budget allocation to fund various water resource management projects. Any decline in the budgetary allocation towards Water resource management projects] will have a material adverse impact on the business, financial condition, and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2023 2022 2021
Total Assets 63.78 47.54 19.98
Total Liabilities 63.78 47.54 19.98
Total Expenses 63.67 45.77 22.78
Total Revenue 
75.47 52 25.79
Profit After Tax 8.53 4.56 2.23
EBITDA 13.7 7.28 3.53
Adjusted EBITDA 0 0 0

Canarys Automations Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-10-11 91876 CANARYS
INE0QG301017
₹31 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹31 ₹31
Open ₹0 ₹43.45
Low ₹0 ₹41.3
High ₹0 ₹44.9
Low ₹0 ₹41.3

Frequently Asked Questions

What is Canarys Automations Ltd IPO?

Answer Field

Canarys Automations Ltd IPO is a SME IPO of 1,51,72,000 equity shares of a face value of ₹2 aggregating up to ₹47.03 Crores. The issue is priced at ₹31 to ₹31 per share. The minimum order quantity is 4000 Shares. The IPO opens on September 27, 2023, and closes on October 03, 2023. Link Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Canarys Automations Ltd IPO will open?

Answer Field

The Canarys Automations Ltd IPO opens on September 27, 2023 and closes on October 03, 2023.

What is the lot size of Canarys Automations Ltd?

Answer Field

Canarys Automations Ltd lot size is 4000 shares, and the minimum amount required is ₹1,24,000.

How to apply for Canarys Automations Ltd IPO?

Answer Field

You can apply in Canarys Automations Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Canarys Automations Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Canarys Automations Ltd IPO will be done on October 06, 2023, and the allotted shares will be credited to your demat account by October 10, 2023.

When is Canarys Automations Ltd IPO listing date?

Answer Field

The Canarys Automations Ltd listing date is October 11, 2023.

Who is the registrar of Canarys Automations Ltd IPO?

Answer Field

The registrar of Canarys Automations Ltd IPO is Link Intime India Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Indorient Financial Services Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Canarys Automations Ltd IPO?

Answer Field

The fresh issue size is ₹47.03 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Canarys Automations Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 4000 shares and ₹1,24,000 amount.

How can I approve the UPI mandate request for Canarys Automations Ltd IPO?

Answer Field

To apply for Canarys Automations Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Canarys Automations Ltd?

Answer Field

The price of each Canarys Automations Ltd share will be ranging in between ₹31 to ₹31 per share.

What is the cut-off time for the UPI mandate for Canarys Automations Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, October 03, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • STANLEY LIFESTYLES LIMITEDMainboard IPO

  • Bidding Dates

    21st Jun 2024 - 6th Jun 2024

  • Price Range

    ₹351 - 369

  • IPO Size

    ₹5,37,02,00,000

  • Apply Now
  • MEDICAMEN ORGANICS LIMITEDSME IPO

  • Bidding Dates

    21st Jun 2024 - 6th Jun 2024

  • Price Range

    ₹32 - 34

  • IPO Size

    ₹10,54,00,000

  • Apply Now
  • SHIVALIC POWER CONTROL LIMITEDSME IPO Early Access

  • Bidding Dates

    24th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹95 - 100

  • IPO Size

    ₹64,32,00,000

  • Apply Now
  • MASON INFRATECH LIMITEDSME IPO Early Access

  • Bidding Dates

    24th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹62 - 64

  • IPO Size

    ₹30,46,00,000

  • Apply Now
  • VISAMAN GLOBAL SALES LIMITEDSME IPO Early Access

  • Bidding Dates

    24th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹43 - 43

  • IPO Size

    ₹16,05,00,000

  • Apply Now
  • SYLVAN PLYBOARD INDIA LIMITEDSME IPO Early Access

  • Bidding Dates

    24th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹55 - 55

  • IPO Size

    ₹28,05,00,000

  • Apply Now
  • AKIKO GLOBAL SERVICES LIMITEDSME IPO Early Access

  • Bidding Dates

    25th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹73 - 77

  • IPO Size

    ₹23,11,00,000

  • Apply Now
  • VRAJ IRON AND STEEL LIMITEDMainboard IPO Early Access

  • Bidding Dates

    26th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹195 - 207

  • IPO Size

    ₹1,71,00,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • LE TRAVENUES TECHNOLOGY LIMITEDMainboard IPO

  • Issue Price

    93.00

  • Listing Day Close

    161.99

  • Listing Day (Gain/Loss)

    74.19

  • SATTRIX INFORMATION SECURITY LIMITEDSME IPO

  • Issue Price

    121.00

  • Listing Day Close

    157.50

  • Listing Day (Gain/Loss)

    30.58

  • 3C IT SOLUTIONS AND TELECOMS INDIA LIMITEDSME IPO

  • Issue Price

    52.00

  • Listing Day Close

    45.16

  • Listing Day (Gain/Loss)

    -13.46

  • MAGENTA LIFECARE LIMITEDSME IPO

  • Issue Price

    35.00

  • Listing Day Close

    47.25

  • Listing Day (Gain/Loss)

    34.29

  • KRONOX LAB SCIENCES LIMITEDMainboard IPO

  • Issue Price

    136.00

  • Listing Day Close

    159.35

  • Listing Day (Gain/Loss)

    16.91

  • TBI CORN LIMITEDSME IPO

  • Issue Price

    94.00

  • Listing Day Close

    207.90

  • Listing Day (Gain/Loss)

    121.28

  • ASSOCIATED COATERS LIMITEDSME IPO

  • Issue Price

    121.00

  • Listing Day Close

    134.90

  • Listing Day (Gain/Loss)

    11.57

  • AIMTRON ELECTRONICS LIMITEDSME IPO

  • Issue Price

    161.00

  • Listing Day Close

    253.05

  • Listing Day (Gain/Loss)

    57.14

  • ZTECH INDIA LIMITEDSME IPO

  • Issue Price

    110.00

  • Listing Day Close

    105.00

  • Listing Day (Gain/Loss)

    -4.55

  • BEACON TRUSTEESHIP LIMITEDSME IPO

  • Issue Price

    60.00

  • Listing Day Close

    94.50

  • Listing Day (Gain/Loss)

    58.33

  • VILAS TRANSCORE LIMITEDSME IPO

  • Issue Price

    147.00

  • Listing Day Close

    225.75

  • Listing Day (Gain/Loss)

    53.74

  • GSM FOILS LIMITEDSME IPO

  • Issue Price

    32.00

  • Listing Day Close

    33.60

  • Listing Day (Gain/Loss)

    6.25

  • AWFIS SPACE SOLUTIONS LIMITEDMainboard IPO

  • Issue Price

    383.00

  • Listing Day Close

    419.10

  • Listing Day (Gain/Loss)

    9.40

  • RULKA ELECTRICALS LIMITEDSME IPO

  • Issue Price

    235.00

  • Listing Day Close

    498.75

  • Listing Day (Gain/Loss)

    112.34

  • HOAC FOODS INDIA LIMITEDSME IPO

  • Issue Price

    48.00

  • Listing Day Close

    139.65

  • Listing Day (Gain/Loss)

    191.67

  • GO DIGIT GENERAL INSURANCE LIMITEDMainboard IPO

  • Issue Price

    272.00

  • Listing Day Close

    305.75

  • Listing Day (Gain/Loss)

    12.50

  • QUEST LABORATORIES LIMITEDSME IPO

  • Issue Price

    97.00

  • Listing Day Close

    147.35

  • Listing Day (Gain/Loss)

    51.55

  • INDIAN EMULSIFIERS LIMITEDSME IPO

  • Issue Price

    132.00

  • Listing Day Close

    451.50

  • Listing Day (Gain/Loss)

    242.42

  • VERITAAS ADVERTISING LIMITEDSME IPO

  • Issue Price

    114.00

  • Listing Day Close

    261.25

  • Listing Day (Gain/Loss)

    128.95

  • MANDEEP AUTO INDUSTRIES LIMITEDSME IPO

  • Issue Price

    67.00

  • Listing Day Close

    65.35

  • Listing Day (Gain/Loss)

    -2.99

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7 Lac+ Users

icon-with-text

4.5+ App Rating

icon-with-text

4 Languages

icon-with-text

₹ 3800 Cr MTF Book

icon-with-text