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|
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.
|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).
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.
Company Contact Information
All E Technologies Limited
Phone: +(91)-120 3000 300
All E Technologies IPO Registrar
Skyline Financial Services Private Ltd