Finelistings Technologies Limited was founded in 2016 and based in New Delhi, India, the company operates an online marketplace where used luxury vehicles and luxury real estate are buy and sell to the premium segment in India. They provide the best range of cars, used cars, kids toys & other products with effective & timely delivery.
FTPL is coming up with an IPO to raise funds from the public based on the Fixed Price Issue. The Issue Size of the IPO is ₹ 13.53 Crores comprising of entirely fresh issue of 11,00,000 equity shares. FTPL IPO opens on 7th May 2024 and closes on 09th May 2024 for the subscription.
Finelistings Technologies Limited IPO allotment is expected to be finalized on 10th May 2024. FTPL IPO will be listed on BSE SME for Commencement of trading of the Equity Shares on the Stock Exchange on 14th May 2024.
Finelistings Technologies Limited IPO issue price is ₹ 123 Per Equity Share. The minimum lot size for an application is 1000 equity shares and the minimum amount of investment required to subscribe to Amkay Products IPO under the Retail Category ₹ 1,23,000. The minimum lot size for an application is 2000 equity shares and the minimum amount of investment required to subscribe to FTL IPO under the HNI Category ₹ 2,46,000 respectively.
The book-running lead manager of the Finelistings Technologies IPO is FEDEX SECURITIES PRIVATE LIMITED and the registrar is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED for the issue. The market maker for Refractory Shapes IPO is RIKHAV SECURITIES LIMITED.
Refer to Finelistings Technologies Limited RHP for more details about the company and the IPO.
FTPL aim to create an online-to-offline ecosystem connecting various stakeholders in the automotive industry. In the software development segment, they offer a range of services including digital transformation, data analytics, and IoT solutions.
Objectives of Finelistings Technologies Pvt. Ltd.
Finelistings Technologies intends to utilize the Proceeds of the Issue to meet the following objects:
1. Purchase of Software
2. To meet working capital requirements
3. General Corporate Purpose
Finelistings Technologies believe that listing will enhance their corporate image and visibility of brand name of the Company. It will also provide liquidity to the existing shareholders and will also create a public trading market for the Equity Shares of their Company
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