Five Core Electronics IPO

Five Core Electronics IPOBusiness description - Five Core Electronics was incorporated in 2002 in Kolkata to manufacture as well as export PA systems. The company was founded to enter the audio era with innovative products driven by the needs of professional customers. The company’s first unit was established in Fateh Nagar, Delhi on a rented premise in year 2002-03. Soon, after a year, the business growth warranted expansion and hence new premise was taken on lease by the company at C-116, Fateh Nagar, Delhi. In the year 2008-09, another factory was established in Bhiwadi and product portfolio was expanded. Today, the company manufactures and exports whole range of Public Address Systems - Woofers, Amplifiers, Computer Speakers, Personal Speaker System, Headphones and Earphones. In the year 2016-17, another expansion was done in RIICO, Industrial Area, Sare Khurd, Bhiwadi, Alwar with most modern machines and technology.

Promoters of Five Core Electronics – Mr Amarjit Singh Kalra and Ms Surinder Kaur Kalra
Five Core Electronics IPO details
Subscription Dates 9 - 11 May 2018
IPO Price band INR140 per share
Fresh issue 3,333,000 shares (INR46.66 crore)
Offer for sale Nil
Total IPO size 3,333,000 shares (INR46.66 crore)
Minimum bid (lot size) 1,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working capital requirements of the company - INR23.19 crore
  • Working capital requirements of subsidiary 5 Core Acoustics - INR10.00 crore
  • General corporate purpose - INR5.60 crore
  • Repayment of unsecured loan of promoters/directors - INR3.20 crore
  • Public Issue Expenses - INR4.67 crore
Five Core Electronics' financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 85.6 111.8 113.5 122.9 170.6 152.6
Total expenses 84.5 110.5 112.3 121.5 168.5 146.4
Profit after tax 0.7 0.9 0.7 1.0 1.5 4.1
Five Core Electronics' Contact Details

Five Core Electronics Limited
WZ-15B, Ground Floor
Uggarsain Market, Ashok Nagar
New Delhi – 110018

Phone: +91 11 2812 8000
Email: [email protected]

Five Core Electronics IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.46
Day 2 0.52
Day 3 1.77
Five Core Electronics Valuation (Latest FY)

Earnings Per Share (EPS): INR2.46

Price/Earnings (P/E) ratio: 56.91

Return on Net Worth (RONW): 5.84%

Net Asset Value (NAV): INR42.38 per share

Registrar of Five Core Electronics IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]

Five Core Electronics IPO Allotment Status

Five Core Electronics IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Five Core Electronics

IPO Opening Date: 9 May 2018

IPO Closing Date: 11 May 2018

Listing Date: 21 May 2018

Listing Price on NSE SME: INR140.9 per share (up 0.64% from IPO price)

Closing Price on NSE SME: INR145.5 per share (up 3.92% from IPO price)

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