Artemis Electricals IPO


Artemis Electricals IPOArtemis Electricals IPO description - Artemis Electricals is into the business of manufacturing and trading of Light Emitting Diode “LED” Lights and LED lighting accessories. The company is dependent on third party for manufacturing of LED bulbs. It manufactures and trades indoor and outdoor LED luminaries such as, Street lights, Solar Powered Home LED lighting Systems and LED based Street Lights, Down lights, Garden lights, pavement / walk through indication lights, etc. The application of our products is in spaces like general lighting, architectural, residential, office, industrial, shop, hospitality, and outdoor.

Its product basket consists of solutions across the LED luminary spectrum i.e. LED emitter to LED driver & LED luminaries including Solar Powered Home LED lighting Systems and LED based Street Lights. Its LED drivers are manufactured in a facility located in Vasai, mainly using SMD components on an automatic pick-n-place machine. The company is an ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007 certified company.

The company has its manufacturing plant located at Vasai which supplies finished products directly to Original Equipment Manufacturer “OEM” who in terms apply in their brand and sale to the ultimate customer.

Artemis Electrials promoters – Pravin Kumar Agarwal & M/S Yashvikram Infrastructure Private Limited
Artemis Electrials - Upcoming IPO details
Subscription Dates24 April - 6 May 2019
IPO Price bandINR54 - 60 per share
Fresh issue 7,000,000 shares (INR38.5 - 42 crore)
Offer for sale Nil
Total IPO size7,000,000 shares (INR38.5 - 42 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
Use of funds
  • Long Term Working Capital Requirements - INR22.07 crore
  • Purchase of machinery / equipment - INR5.08 crore
  • General Corporate Purposes
  • Issue Expenses
Artemis Electricals' financial performance (in INR crore)
FY2016FY2017FY20187M FY2019
Total revenue45.3447.2489.5152.42
Total expenses43.2544.3875.3744.19
Profit after tax1.551.779.535.93
Artemis Electricals Contact Details

Artemis Electricals Limited 
201 A, A Wing
2nd Floor, Fortune 2000, G Block
BKC, Bandra [East], Mumbai – 400051

Phone: +91 022-26530163/64
Email: [email protected]
Website: www.artemiselectricals.com

Artemis Electricals IPO Subscription Details
Day

Subscription (no. of times)

Day 1

0.00

Day 2

0.00

Day 3

0.03

Day 4

0.45

Day 5

0.57

Day 60.63
Day 71.00
Artemis Electricals Valuation (FY2018)

Earnings Per Share (EPS): INR5.38

Price/Earnings (P/E) ratio: 10.22 - 11.15

Return on Net Worth (RONW): 53.20%

Net Asset Value (NAV): INR10.15 per share

Registrar of Artemis Electricals IPO

Cameo Corporate Services Limited
Subramanian Building, 1 Club House Road,
Chennai-600 002
Tamil Nadu, India

Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email[email protected]
Website: http://www.cameoindia.com

Artemis Electricals IPO Allotment Status

Artemis Electricals IPO allotment status is now available on Cameo Corporate Services' website. Click on this link to get allotment status.

Listing performance of Artemis Electricals

IPO Opening Date: 24 April 2019

IPO Closing Date: 6 May 2019

Listing Date: 14 May 2019

Listing Price on BSE SME: INR70 per share (up 16.67% from IPO price)

Closing Price on BSE SME: INR69.85 per share (up 16.42% from IPO price)

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