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Presstonic Engineering IPO

Open 11th Dec 2023 · Close 13th Dec 2023 · Listing 18th Dec 2023

Verified 2026-08-2483% data coverage
Issue Price₹72.00
Listing Price₹140.00
Current Price
Listing Gain94.44%
Current Return

IPO Objectives

Presstonic Engineering IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding Capital Expenditure towards purchase of additional plant and machinery₹2.32 Cr
2Prepayment in full of certain borrowings availed by the Company₹5.00 Cr
3Working Capital Requirements₹9.23 Cr
4General Corporate Expenses₹3.50 Cr
5Total₹20.06 Cr