About the Canarys Automations Limited IPO:
With over three decades of unparalleled experience, Canarys Automations Limited has firmly established itself as a leading IT solutions provider since its inception in 1991. Over the years, the company has been at the forefront of technological innovation, consistently delivering cutting-edge solutions to facilitate digital transformation for businesses across various industries.
1. Technology Solutions: They offer consulting in digitalization, modernization, cloud migration, automation, and digital transformation. Their expertise includes DevOps, cloud consulting, digital enterprise solutions, RPA, and digital applications.
2. Water Resource Management Solution: Canarys provides automation solutions for irrigation, flood risk assessment, water utilisation, and SCADA gate control.
Their services cater to various industries, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. Canarys is dedicated to helping businesses optimise operations and enhance customer experiences through technology. Their commitment to excellence is acknowledged by customers and partners.
Now, Canarys Automations Limited is coming out with its initial public offer (IPO). The net proceeds of the Fresh Issue are proposed to be utilised in the following manner:
1. Funding of expenditure relating to solutions development for digital transformation and water resources management
2. Creation of new delivery centre including infrastructure thereof and upgrading existing facilities;
3. Funding working capital requirements of our Company;
4. General corporate purposes
Here are key details about the Canarys Automations Limited IPO:
||Canarys Automations Limited
| IPO Type
||Canarys Automations Limited IPO Opening Date
||27 September 2023
|Canarys Automations Limited IPO Closing Date
||3 October 2023
||Canarys Automations Limited IPO Allotment Status
||6 October 2023
|Credit of Shares to the Demat Account
||10 October 2023
||Canarys Automations Limited IPO Listing Date
||11 October 2023
|Canarys Automations Limited IPO Face Value
||₹ 2 per share
||Canarys Automations Limited IPO Lot Size
|Canarys Automations Limited IPO Issue Size
|| ₹ 47.03 crore
||Canarys Automations Limited IPO to be Listed on
|Canarys Automations Limited IPO Price band
|| ₹ 29-31 per share