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Containe Technologies Limited

Containe Technologies Limited (CTPL) is engaged in the automobile sector, providing safety and GPS solutions through the design, development, manufacturing, supply, and service of technology-intensive electronic and mechanical automotive products. An ISO 9001:2015 certified organization, the company manufactures Electronic Speed Limiting Devices under the “MOTOREYE & LIMITS” brand, electronic fuel regulators, pedal interfaces for BS-IV and older vehicles, and GSM/GPRS/GPS/IRNSS-based vehicle tracking devices. CTPL also markets IoT devices and lithium-ion battery-operated 2- and 3-wheeler auto rickshaws. The company operates a manufacturing unit in Marriguda, Secunderabad, Hyderabad, and primarily sells its products through distributors and dealers.

₹15 - ₹15121.24x sub
Listed Price22.00
Listing Gain+46.67%
TimelineFixed Price IPO
Open20 Sep 2022
Close22 Sep 2022
Allotment28 Sep 2022
Listing30 Sep 2022

Quota Reservation Portions

Market MakerPortion: 88,000 shares
5.05%
Nii (hni)Portion: 8,24,000 shares
47.25%
RetailPortion: 8,32,000 shares
47.71%

Minimum Application Bracket Matrix

Retail1 lots / 8,000 shares
₹1,20,000
HNI2 lots / 16,000 shares
₹2,40,000

About the Company

Containe Technologies Limited (CTPL) is engaged in the automobile sector, providing safety and GPS solutions through the design, development, manufacturing, supply, and service of technology-intensive electronic and mechanical automotive products. An ISO 9001:2015 certified organization, the company manufactures Electronic Speed Limiting Devices under the “MOTOREYE & LIMITS” brand, electronic fuel regulators, pedal interfaces for BS-IV and older vehicles, and GSM/GPRS/GPS/IRNSS-based vehicle tracking devices. CTPL also markets IoT devices and lithium-ion battery-operated 2- and 3-wheeler auto rickshaws. The company operates a manufacturing unit in Marriguda, Secunderabad, Hyderabad, and primarily sells its products through distributors and dealers.

Company Promoters

Mr. Anand Kumar SeethalaMrs. Botcha Bhavani