Park Smart Solutions Limited IPO Details

SME

Park Smart Solutions IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Park Smart Solutions IPO price band has been fixed at ₹140 – ₹140 per share.The face value is ₹10 per share with a lot size of 1000.

Pre-issue shareholding stands at 14,62,080, which will increase to 20,02,080 post-issue.

The Lead Managers for Park Smart Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Finshore Management Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Black Fox Financial. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Park Smart Solutions Limited DRHP.

Park Smart Solutions IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹140 - ₹140
Face Value
₹10 per share
Lot Size
1000
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Fixed Price Issue
Share holding pre issue
1462080
Share holding post issue
2002080
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Filed with Exchange

Park Smart Solutions IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Park Smart Solutions IPO Reservation

Promoter Holding

Pre Issue:87.40%
Post Issue:-
Promoter Names:
Mr. Arvind Gupta, Mrs. Usha Gupta, Mr. Yash Gupta

Documents

Park Smart Solutions IPO Valuations

DEBT/EQUITY:0.51
RONW:24.63%
PAT MARGIN:9.59%
P/E Pre IPO:13.67
P/E Post IPO:18.72

Park Smart Solutions Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets14.56.124.98
Total Income15.67.446.12
Profit After Tax1.50.910.24
Net Worth6.081.750.85
Reserves and Surplus4.621.330.43
Total Borrowing3.071.942.62
Amount in ₹ Crore

About Park Smart Solutions IPO

Incorporated in 2019, Park Smart Solutions Limited is engaged in the execution of turnkey Multi-Level Car Parking Solutions, including Design, Engineering, Supply, Installation & Commissioning (I&C), as well as Operation and Maintenance (O&M) of automatic Multi-Level Car Parking Systems. 

These systems are widely preferred by residential complexes, shopping malls, and commercial buildings.

Park Smart Solutions Limited offers comprehensive parking solutions by providing engineering, procurement and construction (EPC) services, along with O&M services. The company’s portfolio includes various types of parking systems such as:

  • Stack Parking
  • Puzzle Parking
  • Aisle Parking System

As on the date of the Draft Prospectus, Park Smart Solutions Limited holds an unexecuted order book of ₹8,080.94 lakhs, which includes ₹5,658.84 lakhs from L. T. Elevator (P) Limited and ₹2,422.10 lakhs from direct clients.

Manufacturing Facility: Village: Chak Chatta, P.O.: Raipur, Maheshtala, South 24 Parganas – 700141, West Bengal, India.

Park Smart Solutions Limited employs a total of 42 personnel, including Directors.

Strength Of Park Smart Solutions IPO

To be announced

Risk Of Park Smart Solutions IPO

To be announced

Objectives Park Smart Solutions IPO

1. To meet Working Capital Requirements.

2. To meet the Issue Expenses.

3. General Corporate Purposes.

Company Contact Details

Park Smart Solutions Ltd.
Capricorn Nest, 3, Gobinda Auddy
Road, P.O. Alipore, Kolkata
700027, West Bengal, India
Kolkata, West Bengal, 700027
Phone: +91 33 24480447
Email: cs@ltparksmart.com
Website: http://www.ltparksmart.com/

Registrar Contact Details

Name: Cameo Corporate Services Limited
Phone: +91-44-28460390

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