All E Technologies Limited IPO Detail

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 EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal 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 DateDec 9, 2022 to Dec 13, 2022
Listing DateDec 21, 2022
Face Value₹10 per share
Price₹87 to ₹90 per share
Lot Size1600 Shares
Issue Size5,355,200 shares of ₹10
(aggregating up to ₹48.20 Cr)
Fresh Issue4,864,000 shares of ₹10
(aggregating up to ₹43.78 Cr)
Offer for Sale491,200 shares of ₹10
(aggregating up to ₹4.42 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer
Company PromotersDr. 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.

EventTentative Date
Opening DateDec 9, 2022
Closing DateDec 13, 2022
Basis of AllotmentDec 16, 2022
Initiation of RefundsDec 19, 2022
Credit of Shares to DematDec 20, 2022
Listing DateDec 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).

Retail (Min)11600₹144,000
Retail (Max)11600₹144,000
S-HNI (Min)23,200₹288,000

All E Technologies IPO Promoter Holding

Pre Issue Share Holding65.80%
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.

CategorySubscription (times)

Company Contact Information

All E Technologies Limited
UU-14, Vishakha
Enclave, Pitampura,
Delhi- 110034
Phone: +(91)-120 3000 300

All E Technologies IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

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