IPO Trending
CANARYSSME / NSEListed
Canarys Automations

Incorporated in 1991, Canarys Automations Limited is a technology solutions provider specializing in Digitalization, Modernization, Automation, Cloudification and Intelligence. The company operates through two main verticals — Technology Solutions that cover DevOps consulting (Azure, GitHub, Atlassian, GitLab etc.), Cloud Consulting (AWS, Azure, GCP), SAP & MS Dynamics 365, RPA, Digital Applications and Mobility Solutions, and Water Resource Management Solutions that offer irrigation modernization, flood risk mitigation, cloud-based river/canal water sharing automation and SCADA gate control systems. Canarys serves industries like BFSI, Retail, Healthcare, Pharma, Manufacturing, Insurance and more, and has delivered business applications to over 1,000 customers across India and 10+ countries including USA, UK, Canada, Germany, Singapore, Malaysia, Brunei, Australia, Sri Lanka and Indonesia.

DRHPANCHOR
₹29 - ₹319.55x sub
Listed Price₹43.45
Listing Gain+40.16%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Sep 2023
Close03 Oct 2023
Allotment06 Oct 2023
Listing11 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB72,00,000 shares
47.46%
Nii (hni)21,64,000 shares
14.26%
Retail50,48,000 shares
33.27%
Market Maker7,60,000 shares
5.01%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,24,000
HNI2 Lots (8,000 shares)
₹2,48,000

Company Promoters

Mr. Metikurke Ramaswamy Raman SubbaraoMr. Danavadi Krishnamurthy ArunMr. Raghu ChandrashekhariahMr. Sheshadri Yedavanahalli SrinivasMr. Pushparaj ShettyMr. Nagaraju Vineeth

Company Background

Incorporated in 1991, Canarys Automations Limited is a technology solutions provider specializing in Digitalization, Modernization, Automation, Cloudification and Intelligence. The company operates through two main verticals — Technology Solutions that cover DevOps consulting (Azure, GitHub, Atlassian, GitLab etc.), Cloud Consulting (AWS, Azure, GCP), SAP & ...

Lead Managers & Bankers

Indorient Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021)₹2578.22 Cr
Growth-65.8%
Revenue Trend (₹ in Crores)
0.02.9k5.8k8.7kMar 2023Mar 2022Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20212,578.22210.422,003.040
Mar 20225,199.93455.814,753.57879.33
Mar 20237,547.28852.516,377.891,415.61

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values3.920%0%3.9220.39

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
06 Oct 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
11 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Canarys Automations. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Oct 2023Trading commences on exchange

How to Check Canarys Automations Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Canarys Automations from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Canarys Automations IPO

Complete issue overview for Canarys Automations (CANARYS) IPO. The issue features an equity share price band of ₹29 – ₹31 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,24,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions