31 Mar 2021
Assets20.03
Total Income25.78
Profit After Tax2.10
NET Worth12.58
Reserves and Surplus5.47
At a glance
Updated 2026-08-23The shares listed at ₹43.45, a 40.16% move from the issue price. Canarys Automations is a SME IPO with an issue size of ₹47.03 crore, proposed for listing on NSE SME. The offer opens on 27th Sep 2023 and closes on 3rd Oct 2023. The issue structure includes a fresh issue of ₹44.68 crore. The current listing schedule points to 11th Oct 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹47.03 Cr
Fresh issue₹44.68 Cr
Face value₹2
Price band₹29.00–₹31.00
Allotment6th Oct 2023
Listing11th Oct 2023
Listing performance
Full performance ↗Issue price₹31.00
Listing price₹43.45
Current price—
Listing gain40.16%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper price16.13%
Est. listing₹36.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Sep 2023
Closes3rd Oct 2023
Allotment6th Oct 2023
Refund9th Oct 2023
Demat10th Oct 2023
Listing11th Oct 2023
Subscription demand
Full bidding ↗Total9.94×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹124,000 |
Company
Incorporated1991
Use of proceeds
| Object | Amount |
|---|---|
| Funding of expenditure relating to solutions development for digital transformation and water resources management solutions | ₹11.00 Cr |
| Creation of new delivery centre including infrastructure thereof and upgrading existing facilities; | ₹8.94 Cr |
| Funding working capital requirements of the Company | ₹15.00 Cr |
| General corporate purposes | ₹6.09 Cr |
Financials
Full financials ↗31 Mar 2022
Assets47.54
Total Income52.00
Profit After Tax4.56
NET Worth16.83
Reserves and Surplus7.55
Total Borrowing8.79
31 Mar 2023
Assets63.78
Total Income75.47
Profit After Tax8.53
NET Worth25.38
Reserves and Surplus16.10
Total Borrowing14.16
Trend chart₹ crore
KPIs
| KPI |
|---|
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS3.92
Pre-IPO P/E15.82
Post-IPO P/E20.39
Promoter holding pre77.49%
Promoter holding post56.57%
Market cap₹174.17 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees including Underwriting, Commission | ₹4.50 Cr |
| Brokerage, selling commission and other uploading fees (1)(2)(3) | ₹0.70 Cr |
| Fees payable to Registrar to the Offer | ₹0.02 Cr |
| Fees to the auditor / chartered accountant/ secretarial fees | ₹0.15 Cr |
| Fees to the legal advisor fees | ₹0.15 Cr |
| Advertising and marketing expenses | ₹0.25 Cr |
| Fees payable to regulators including stock exchanges | ₹0.05 Cr |
| Printing and distribution expenses | ₹0.04 Cr |
| Fees payable to Market Maker (for Two Years) | ₹0.06 Cr |
| Miscellaneous | ₹0.08 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Indorient Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.