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Finelistings Technologies Limited

Finelistings Technologies Limited

listed
₹1.23LMin. investment

Finelistings Technologies Limited IPO Details

Price range₹123 – ₹123
IPO type
SME
Lot size1000 shares
Issue size₹13.53Cr
RHP/DRHP
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Finelistings Technologies Limited Timeline

  1. Bid start
    7 May 2024
  2. Bid end
    9 May 2024
  3. Allotment
    9 May 2024
  4. Release of funds
    13 May 2024
  5. Demat transfer
    10 May 2024
  6. Listing
    14 May 2024

About Finelisting Technologies Limited

Finelisting Technologies is engaged in diversified business like retail of pre-owned luxury car and software development services. Their offerings are spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development.Their vision is to create an O2O (online-to-offline) ecosystem for automobiles which connects customers, OEMs, dealers, banks, insurance companies and other stakeholders. They believe that a hybrid model of offline and online sales would help in expanding their presence across their customer base.
Under their pre-owned luxury car retail business, they are focused on the used premium and high-end luxury cars where the average sale price is ₹ 40.00 lakhs.  They  also help their clients in securing financial assistance from third-party financers. They opened their first showroom under the brand “Finecars” on August, 2022 at Ambience Mall, Vasant Kunj, National Capital Region (NCR). Their pre-owned luxury car business offers a wide range of cars, including sedans, SUVs, sports cars, and convertibles. All the vehicles they purchase are thoroughly inspected and certified, ensuring that they meet their high standards for quality and reliability. They also outsource their requirements to third-party software developing companies. They continuously evolve their services and customize their offerings as per the need of their clients.
Finelisting Technologies Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. Purchase of Software 
  2. To meet working capital requirements 
  3. General corporate purposes

Checklist

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Finelistings Technologies Limited Contact Details

Company NameFinelistings Technologies Limited

How to apply for Finelistings Technologies 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.

Finelistings Technologies IPO FAQs