The Five Core Electronics date has been confirmed from May 9, 2018 and ended on May 11, 2018.
Five Core Electronics Developers IPO is a fixed price issue of Rs 46.66 crores. The price is ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
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Bidding Dates
May 9-11
Price Range
₹140 per share
Face Value
₹10 per share
GMP
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Five Core Electronics IPO GMP
The Five Core Electronics IPO GMP is ₹[.].
IPO Overview
Five Core Electronics’ initial public offering (IPO) has a set price of Rs 46.66 crores. The IPO auction for Five Core Electronics began on May 9, 2018 and closed on May 11, 2018. On May 21, 2018, the shares were listed on the NSE SME. The IPO price for Five Core Electronics is 140 per share. A lot size of 1000 shares is required for an application.
Retail investors must make a minimum commitment of ₹140,000. It has also opened dealer-run showrooms in Dehradun, Saharanpur, Chomu, Guwahati, Jeopur, Patna, Raxaul, Bhagalpur, Calicut, and Hyderabad. Five Core now employs 296 people.
Five Core Electronics IPO Details
| IPO Date | May 9, 2018 to May 11, 2018 |
| Listing Date | May 21, 2018 |
| Face Value | ₹10 per share |
| Price | ₹140 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 3,333,000 shares (aggregating up to ₹46.66 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 169,000 shares |
Five Core Electronics Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 7,692.07 | 4,852.13 | 3,320.90 | 3,604.09 | 2,350.70 | |
| Total Revenue | 17,061.75 | 12,294.19 | 11,349.31 | 11,180.05 | 8,558.34 | |
| Profit After Tax | 148.69 | 95.26 | 66.28 | 85.11 | 74.44 | |
Five Core Electronics IPO Listing Details
| Listing Date | May 21, 2018 |
| BSE Script Code | |
| NSE Symbol | FIVECORE |
| ISIN | INE574Z01013 |
| Final Issue Price | ₹140 per share |
Company Profile
Five Core Electronics Limited, situated in Delhi, was founded in 2002 and manufactures and exports a wide range of Public Address Systems – Woofers, Amplifiers, Computer Speakers, Personal Speaker System, Headphones, and Earphones. The fabric has also been traded by the company. Five Core has a substantial presence in the international market, including the African continent, the United Arab Emirates, South America, Singapore, Dubai, Bangladesh, Vietnam, and Nepal, to name a few. Its products are marketed through a network of over 350
distributors and dealers in 56 countries spanning six continents. In India, the company has a distributor and dealer network of over 240 people spread throughout 17 states.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Five Core Electronics Limited |
| Phone number | +91 11 28128000 |
| Email ID | investcare@5core.in |
| Website | 5core.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
