Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-5.2%)ESDS Software₹ 478 (5.3%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (17.4%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (1.6%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Pharmeasy ₹ 5.6 (-10.4%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Canarys Automations IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 1991 Industry: IT - Software Listed Page

Profile
Issue Size --
Profile
Price Range 29  to  31 per share
Profile
Min Investment ₹31
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Canarys Automations Ltd is a prominent automation solutions provider, specializing in cutting-edge technology applications across various industries. Established with a commitment to innovation, Canarys Automations has amassed a reputation for delivering comprehensive automation solutions that optimize efficiency, reduce operational costs, and enhance productivity for businesses worldwide. The company's extensive portfolio encompasses industrial automation, robotics, IoT (Internet of Things), and AI-driven solutions. Canarys Automations collaborates closely with clients to design and implement customized automation systems tailored to their unique needs. With a skilled team of engineers and a dedication to staying at the forefront of technological advancements, they enable businesses to achieve greater operational excellence and competitiveness. Canarys Automations Ltd stands as a beacon of reliability, offering holistic automation solutions that empower organizations to thrive in the ever-evolving landscape of automation and Industry 4.0. Read More

Basic Info

Face Value 2 per share

Price 29  to  31 per share

P/E (x) 20.7

Sales( Cr.) 89

PAT( Cr.) 8

EPS 1.5

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Mr. Metikurke Ramaswamy Raman Subbarao Mr. Danavadi Krishnamurthy Arun Mr. Raghu Chandrashekhariah Mr. Sheshadri Yedavanahalli Srinivas

Pre Issue Share Holding 77.49%

Post Issue Share Holding --%

Listing Details:

Listing Price: 43.45

Listing Gain: 28.65%

Current Price: 21.6

Gain On Issue: 21.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 27, 2023
Closing Date Oct 03, 2023
Allotment Oct 04, 2023
Refund Oct 05, 2023
Delivery of Shares Oct 05, 2023
Listing Date Oct 06, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 4000 124,000
Retail (Max) 1 4000 124,000
S-HNI (Min) 2 8000 248,000
S-HNI (Max) 8 32000 992,000
B-HNI (Min) 9 36000 1,116,000

Objective of the Issue

1. Funding of expenditure relating to solutions development for digital transformation and water resources management solutions. 2. Creation of a new delivery center including infrastructure thereof and upgrading existing facilities. 3. Funding working capital requirements of the Company. 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 15172000 150809680 9.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Canarys Automations Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 26 52 75 75 89
Other Income 0 0 1 1 1
Total Income 26 52 76 76 91
Total Expenditure 22 45 62 64 78
Operating Profit 3 7 14 12 13
Interest 0 1 1 1 1
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 3 6 12 11 11
Provision for Tax 1 2 3 3 3
Profit After Tax 2 5 9 8 8
Adjustments 0 0 0 0 0
Profit After Adjustments 2 5 9 8 8
Adjusted Earnings Per Share 0.5 1 2 1.4 1.4

Canarys Automations Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 13 17 25 74 87
Minority's Interest 0 0 0 0 0
Borrowings 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 -0 -0
Total Current Liabilities 7 30 35 30 33
Total Liabilities 20 48 61 104 120
Fixed Assets 1 1 1 1 1
Other Non-Current Assets 4 5 3 6 8
Total Current Assets 15 42 57 98 111
Total Assets 20 48 61 104 120

Canarys Automations Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 4 10 7 25
Cash Flow from Operating Activities -2 -3 -7 -12 4
Cash Flow from Investing Activities -1 0 -1 -2 -2
Cash Flow from Financing Activities 6 8 5 32 2
Net Cash Inflow / Outflow 3 6 -3 18 4
Closing Cash & Cash Equivalent 4 10 7 25 29

Canarys Automations Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.53 0.99 1.99 1.42 1.45
CEPS(Rs) 0.64 1.21 2.21 1.48 1.5
DPS(Rs) 0 0.1 0 0 0
Book NAV/Share(Rs) 1.93 2.85 4.95 12.41 14.32
Core EBITDA Margin(%) 12.76 13.19 17.11 14.72 12.85
EBIT Margin(%) 12.05 13.39 18 15.98 14.23
Pre Tax Margin(%) 11.67 12.1 15.99 14.18 12.9
PAT Margin (%) 8.21 8.85 11.58 10.66 9.31
Cash Profit Margin (%) 9.57 9.59 12.12 11.11 9.6
ROA(%) 10.51 13.49 15.94 9.69 7.39
ROE(%) 28.51 47.94 54.27 17.78 10.93
ROCE(%) 24.54 36.11 41.17 19.76 14.36
Receivable days 147.72 128.52 167.86 261.29 272.66
Inventory Days 14.87 18.99 20.52 14.11 16.31
Payable days 220.35 200.71 292.07 264.33 345.53
PER(x) 0 0 0 20.35 17.77
Price/Book(x) 0 0 0 2.33 1.8
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.24 0.24 0.24 2 1.44
EV/Core EBITDA(x) 1.75 1.72 1.29 12.16 9.91
Net Sales Growth(%) 0 101.07 44.67 0.67 18.75
EBIT Growth(%) 0 123.46 94.47 -10.63 5.7
PAT Growth(%) 0 116.62 89.4 -7.4 3.69
EPS Growth(%) 0 87.39 100.92 -28.44 1.86
Debt/Equity(x) 0 0.52 0.56 0.11 0.09
Current Ratio(x) 2.07 1.37 1.63 3.24 3.4
Quick Ratio(x) 1.92 1.23 1.52 3.19 3.21
Interest Cover(x) 32.06 10.33 8.95 8.88 10.72
Total Debt/Mcap(x) 0 0 0 0.05 0.05

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 20% 0% 0%
Operating Profit CAGR 8% 23% 0% 0%
PAT CAGR 0% 17% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -35% NA% NA% NA%
ROE Average 11% 28% 32% 32%
ROCE Average 14% 25% 27% 27%

Company Contact Information

Canarys Automations Ltd.

No. 566 & 567, 2nd Floor 30th Main, Attimabbe Road Banagirinagara, Banashankari 3rd Stage

IPO Lead Manager(s)

Canarys Automations Ltd.

Indorient Financial Services Ltd.

Registrar Info

Canarys Automations Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!