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Canarys Automations Limited

Canarys Automations Limited

listed
₹1.16LMin. investment

Canarys Automations Limited IPO Details

Price range₹29.00 – ₹31.00
IPO type
SME
Lot size4000 shares
Issue size₹47.03Cr
RHP/DRHP
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Canarys Automations Limited Timeline

  1. Bid start
    27 Sep 2023
  2. Bid end
    3 Oct 2023
  3. Allotment
    29 Sep 2023
  4. Release of funds
    9 Oct 2023
  5. Demat transfer
    6 Oct 2023
  6. Listing
    11 Oct 2023

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:
  3. Funding of expenditure relating to solutions development for digital transformation and water resources management solutions;
  4. Creation of new delivery centre including infrastructure thereof and upgrading existing facilities;
  5. Funding working capital requirements of our Company;
  6. General corporate purposes

Here are key details about the Canarys Automations Limited IPO :

Company NameCanarys Automations Limited     Company TypePrivate
IPO TypeSME

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Canarys Automations Limited Contact Details

Company NameCanarys Automations Limited

How to apply for Canarys Automations Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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