Incorporated in 2000, All E Technologies Limited is a Microsoft Business Applications & Digital Transformation company. Alletec helps clients stay ahead with Intelligent Business Applications. The company offers Microsoft Dynamics 365, Power Platform, Data & AI – powered by Microsoft Azure & Collaboration platforms.
The company help in bringing together – Company & Customers, Factory & Field Service, Store Front & Supply Chain, Patients & Providers, People & Governments – by putting in place integrated operational systems of ERP, CRM, Collaboration Portals, Mobile Apps, and enable businesses to draw actionable insights from data.
All E Technologies Limited also provide offshore technology services to some large Microsoft Business Applications partners from the USA and Europe. The company’s 100% workforce shifted to a work-from-home model after the Covid restrictions. The company’s primary physical office is in Noida.
The company has a total of 330 employees.
The company has an experience of over 2 decades, spanning over 750 customers. This is the highest number of Business Applications customers acquired by any partner from India.
Company Financials(Amount in ₹ Lakhs)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 4204.88 | 5528.82 | 178.79 | 3071.88 | 2956.38 | 13.09 |
| 31-Mar-21 | 5586.66 | 6327.86 | 972.54 | 3901.66 | 3786.16 | 13.13 |
| 31-Mar-22 | 6350.77 | 7234.15 | 822.13 | 4446.37 | 2913.35 | 6.4 |
| 30-Jun-22 | 7151.12 | 2320.33 | 292.4 | 4753.91 | 3220.89 | 4.7 |
Objects of the Issue
The company proposes to utilize the net proceeds from the Offer towards funding the following objects:
- Expansion of Business.
- Acquisitions of Businesses in similar or complementary areas.
- General Corporate Purposes.
All E Technologies IPO Details
| IPO Date | Dec 9, 2022 to Dec 13, 2022 |
| Listing Date | Dec 21, 2022 |
| Face Value | ₹10 per share |
| Price | ₹87 to ₹90 per share |
| Lot Size | 1600 Shares |
| Issue Size | 5,355,200 shares of ₹10 (aggregating up to ₹48.20 Cr) |
| Fresh Issue | 4,864,000 shares of ₹10 (aggregating up to ₹43.78 Cr) |
| Offer for Sale | 491,200 shares of ₹10 (aggregating up to ₹4.42 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| Market Maker | NIKUNJ STOCK BROKERS LIMITED |
| Company Promoters | Dr. Ajay Mian and Dr. Suman Mian are the company promters. |
All E Technologies IPO Tentative Timetable
All E Technologies IPO opens on Dec 9, 2022, and closes on Dec 13, 2022. The All E Technologies IPO bid date is from Dec 9, 2022 10.00 A.M. to Dec 13, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 9, 2022 |
| Closing Date | Dec 13, 2022 |
| Basis of Allotment | Dec 16, 2022 |
| Initiation of Refunds | Dec 19, 2022 |
| Credit of Shares to Demat | Dec 20, 2022 |
| Listing Date | Dec 21, 2022 |
All E Technologies IPO Lot Size
The All E Technologies IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹144,000 |
| Retail (Max) | 1 | 1600 | ₹144,000 |
| S-HNI (Min) | 2 | 3,200 | ₹288,000 |
All E Technologies IPO Promoter Holding
| Pre Issue Share Holding | 65.80% |
| Post Issue Share Holding |
All E Technologies IPO Review
AETL is a gold Microsoft partner having a virtual monopoly in its field with a niche play. The issue is lucratively priced based on its recent earnings. Investors may consider an investment with a medium to long-term perspective.
All E Technologies IPO Subscription Status (Bidding Detail)
The All E Technologies IPO is subscribed 3.48 times on Dec 9, 2022 5:00:00 PM. The public issue subscribed 6.75 times in the retail category, 1.40 times in the QIB category, and 2.81 times in the NII category.
| Category | Subscription (times) |
|---|---|
| QIB | 1.40 |
| NII | 2.81 |
| Retail | 6.75 |
| Total | 3.48 |
Company Contact Information
All E Technologies Limited
UU-14, Vishakha
Enclave, Pitampura,
Delhi- 110034
Phone: +(91)-120 3000 300
Email: info@alletec.com
Website: https://www.alletec.com/
All E Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/