Park Smart Solutions IPO Details

SME BSE

Park Smart Solutions IPO Summary

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.

Park Smart Solutions IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 Ltd. 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 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Fixed Price Issue

Pre-issue Shareholding

14,62,080 shares

Post-issue Shareholding

20,02,080 shares

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Filed with Exchange

Park Smart Solutions IPO Lot Size

Application	Lots	Shares	Amount
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

DRHP

Park Smart Solutions IPO DRHP

Park Smart Solutions IPO Valuations

DEBT/EQUITY0.51

RONW24.63%

PAT MARGIN9.59%

P/E Pre IPO13.67

P/E Post IPO18.72

Park Smart Solutions Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	14.5	6.12	4.98
Total Income	15.6	7.44	6.12
Profit After Tax	1.5	0.91	0.24
Net Worth	6.08	1.75	0.85
Reserves and Surplus	4.62	1.33	0.43
Total Borrowing	3.07	1.94	2.62
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 Ltd

Phone:

+91-44-28460390

Email:

ipo@cameoindia.com

Website:

https://ipostatus1.cameoindia.com/

Lead Mangers

Market Maker

Park Smart Solutions FAQs

The Park Smart Solutions IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹140 per equity share, and the minimum application size is 1000 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Park Smart Solutions IPO opens on TBA.

Park Smart Solutions IPO lot size is 1000, and the minimum amount required for application is ₹140000.

You may apply for the Park Smart Solutions IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Park Smart Solutions IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Park Smart Solutions IPO allotment status for updates.

The listing date for the Park Smart Solutions IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Park Smart Solutions IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).