All E Technologies Limited IPO

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i. Alletec is a Microsoft Business Applications & Digital Transformation company. In this age of relentless transformations powered by forces of the digital era, Alletec helps clients stay ahead with Intelligent Business Applications. Leveraging the suite of Microsoft Dynamics 365, Power Platform, Data & AI – powered by Microsoft Azure & Collaboration platforms – their industry solutions and services prepare thier clients to win in this volatile, uncertain, changing and ambiguous business environment.

ii. Alletec help in bringing together – Company & Customers, Factory & Field Service, Store Front & Supply Chain, Patients & Providers, People & Governments – by putting in place integrated operational systems of ERP, CRM, Collaboration Portals, Mobile Apps, and enable businesses to draw actionable insights from data. They provides consulting services for solution assessments, provide product licenses, carry out solution implementation, provide solution enhancements and on-going support. They also provide offshore technology services to some large Microsoft Business Applications partners from the USA and Europe.

iii. Alletec started operations in the year 2000 as an Outsourced Product Development Company. The company brought its focus to the Microsoft Business Applications space from 2002. Since then, they have continued to strengthen their position and enrich its experience in this area. They have always remained current with the new technologies and products released by Microsoft and have also been contributing to product development and sustained engineering work. Over the years the company has added new geographies and new industries. The core focus of the business has however remained firm.

iv. Competitive Advantages

i. The full Microsoft Stack strength
ii. Focus on Microsoft Business Applications – ERP, CRM, Power Platform
iii. Experience of over 2 decades, spanning over ~ 750 customers. T

Objects of the All E Technologies Limited IPO:

The company proposes to utilize the net proceeds from the Offer towards funding the following objects: Expansion of Business. Acquisitions of Businesses in similar or complementary areas. General Corporate Purposes.
DRHP of All E Technologies Limited IPO

All E Technologies Limited IPO Details:

Open Date: Dec 09 2022
Close Date: Dec 13 2022
Total Shares: 5,400,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue
Issue Size: 48.20 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 87-90 Per Equity Share
Listing At: NSE Emerge
Listing Date: Dec 21 2022

Promoters And Management:

i. Dr. Ajay Mian, aged 63 years is the founding Promoter of the Company and is designated as Managing Director on the Board of the Company. He was appointed to the Board of the Company at the time of incorporation. He completed his Ph.D in Physics in 1984. He has rich experience in the field of Computer Science & Information Technology. Dr. Mian servedwith Tata Unisys (now a part of TCS) for about 8 years, and as the Vice President of Software Services & Consulting Company Eurolink Systems Limited for 5 years. He is also the co-founder of Healnt Technologies Private Limited - a HealthTech startup. He has around 2 Decades of experience in the business of Digital Transformation, and has been the driving force behind Company’s success and growth. ii. Dr. Suman Mian, aged 64 years is a Non-Executive Director of the Company. She was appointed to the Boardof the Company at the time of incorporation. She has completed her Master of Surgery specializing in Obstetrics and Gynecology from Gajra Raja Medical College, Gwalior. She is practicing as a Sr. Consultant in Gynecology & Obstetrics Department of MMJ Hospital for over 2 decades. She supports the administration of the Company as when required. iii. Mr. Rajiv Tyagi, aged 55 years is the Executive Director of the Company. He was appointed to the Board of the Company as an Executive Director on October 04, 2006. He has completed MSc. in Mathematical Statistics from Lucknow University & MBA in Finance from Indian Institute of Finance. Further he has Diploma in Computer Applications and Programming. He has experience of more than 25 years of working in the computer software industry. He also has strong knowledge in the areas of Finance, Supply Chain, and CRM. He heads the Innovationand R&D arm of the organization, manages pre-sales, key customer engagements. He has been the driving force behind Microsoft Dynamics practice at Alletec.

Financials of All E Technologies Limited IPO:

Particulars (in crores) 30/07/2022 31/03/2022 31/03/2021
Revenue from operations 22 70 61
Purchase of stock-in-trade 8 26 22
Employee Benifit Expense 7 25 23
Other Expense 2 7 5
Operating Profit 5 12 11
OPM% 22.73% 17.14% 18.03%
Depreciation 0.1 0.6 0.4
Other Income 0.6 2 2
Profit (Loss) before tax 3 11 11
Profit (Loss) for the period 2 10 8
EPS 1.93 6.94 5.86

Comparison With Peers:

Name of the company Revenue Profit EPS P/E CMP
InfoBeans Technologies Ltd. 271 55 22.78 23.4 531
KSolves India Ltd 45 15 12.88 25.5 425
All e Technologies Ltd 70 10 6.94 12.9 90

Recommendation on All E Technologies Limited IPO:

To be updated shortly

Lead Manager of All E Technologies Limited IPO:

  1. Unistone Capital

Registrar of All E Technologies Limited IPO:

  1. Skyline Financial Services Private Ltd

Company Address:

All E Technologies Limited UU-14, Vishakha Enclave, Pitampura, Delhi- 110034 Phone: +(91)-120 3000 300 Email: info@alletec.com Website: https://www.alletec.com/

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