Finelistings Technologies  IPO

Finelistings Technologies IPO offers 11,00,000 lakh shares worth INR 13.53 cr for software purchase, working capital needs, and corporate purposes.

Important Details

Open Date : May 7, 2024 Close Date : May 9, 2024 Allotment Date: May 10, 2024 Listing Date: May 14, 2024

Important Details

IPO Price: INR 123 per share Lot Size: 1000 Shares Total Issue Size: INR 13.53 cr

Fundamental Analysis

Revenue: Initial growth, but fell short of target. Profitability & Equity: Improved. Return on Net Worth (RoNW): Declined.

Peer Comparison

Finelistings: Strong returns on net worth and earnings per share. CarTrade Tech: Promising growth with high revenue and good price-to-earnings ratio. Globalspace: High  revenue, but lower return on net worth.


Finelistings Tech aims to buy software & cover operational costs, focusing on financial efficiency and growth.

Risks And Challenges

1. Customer dependency, financial instability. 2. Intense competition,  unique offerings, digital marketing needs. 3. Vulnerability to vehicle theft, unauthorized use, force majeure. 4. Financial losses & reputation damage possible.