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Brisk Technovision IPO
Price Band
₹
Issue Size
₹12.48 Cr
Lot Size
800 shares
Min Investment
₹124,800
GMP
+₹35.0 (22.44%)
Issue Price
₹156.0
Subject to Sauda
₹21300
Paid only if allotted
Brisk Technovision IPO AI Summary
- Brisk Technovision IPO is listed on BSE SME in the Computers Hardware & Equipments sector.
- Subscription window: 23 Jan–25 Jan 2024, listing on 31 Jan 2024.
- Current GMP is +₹35.0 (22.44%) — unofficial and can change daily.
Brisk Technovision Limited is a profitable IT solutions provider with a focus on hardware and services for corporate clients. The company is raising ₹12.48 Cr through its IPO, which opens on January 23, 2024. Despite recent declines in total income, the company has a strong asset-light model and no debt.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Brisk Technovision IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 25 Jan 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Brisk Technovision IPO Grey Market Premium (GMP) Today
GMP
+₹35.0
GMP %
+22.44%
Est. Listing
₹191.0
Updated: 25 Jul 2026 14:07
About the Company
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India. The company's main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings. As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties. The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital. The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively. As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
Company Financials (₹ Cr)
As of 2023-09-30
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 14.23 | 6.80 | 6.62 | 5.63 |
| Total Income | 15.77 | 18.40 | 22.08 | 16.91 |
| Profit After Tax | 1.52 | 1.99 | 1.10 | 0.15 |
| NET Worth | 6.31 | 4.79 | 3.08 | 1.98 |
| Reserves and Surplus | 4.31 | 2.79 | 1.08 | 1.97 |
Key Ratios
EPS
₹9.95
NAV
₹23.93
ROE
41.56%
ROCE
54.71%
RoNW
41.56%
P/B Value
6.52
P/E Ratio
15.69
Market Cap
₹31.20 Cr
PAT Margin
10.86%
Debt/Equity
0.03
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Brisk Technovision Limited This IPO | 23.93 | 41.56% | 15.69 | 9.95 | 9.95 |
Promoters
Sankarnarayanan Ramasubramanian and Ganapati Chittaranjan Kenakre
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹16.91 Cr in the year ending 31 Mar 2021, rising to ₹22.08 Cr by 31 Mar 2022. However, it decreased to ₹18.40 Cr by 31 Mar 2023, and further declined to ₹15.77 Cr by 30 Sep 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.15 Cr in the year ending 31 Mar 2021, increasing to ₹1.10 Cr by 31 Mar 2022. It rose further to ₹1.99 Cr by 31 Mar 2023, but then decreased to ₹1.52 Cr by 30 Sep 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Brisk Technovision's implied P/E at the issue price is approximately 15.69, which aligns with its peers' P/E ratio of 15.69.
Key Risks
Potential risks include reliance on a limited number of clients, fluctuations in demand for IT services, and competition in the IT solutions sector.
Grey Market Premium, Explained
The grey market premium (GMP) refers to the unofficial price at which shares of an IPO are traded before they are listed on the stock exchange. A positive GMP indicates that investors expect the stock to list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own investment strategy.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, especially given the recent decline in total income.
IPO Timeline, Explained
The IPO opens for subscription on January 23, 2024, and closes on January 25, 2024. Allotment of shares will be done on January 29, 2024, with the listing date set for January 31, 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable and are influenced by market conditions, investor sentiment, and the performance of the company post-IPO. Investors should be prepared for the possibility of price fluctuations on the listing day.
This evaluation is generated from Brisk Technovision's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Brisk Technovision IPO GMP today?
Brisk Technovision IPO GMP today is +₹35.0 (22.44%). GMP is an unofficial grey-market indicator and can change daily.
When does Brisk Technovision IPO open and close?
Brisk Technovision IPO opens on 23 January 2024 and closes on 25 January 2024.
When does Brisk Technovision IPO list on the stock exchange?
Brisk Technovision IPO listed on 31 January 2024 at ₹191.0.
What is the lot size for Brisk Technovision IPO?
The lot size for Brisk Technovision IPO is 800 shares, requiring a minimum investment of ₹124,800.
What is the issue price of the Brisk Technovision IPO?
The issue price of the Brisk Technovision IPO is ₹156.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹124,800, which corresponds to a lot size of 800 shares.
When does the IPO open and close for subscription?
The IPO opens on January 23, 2024, and closes on January 25, 2024.
What does GMP mean?
GMP stands for grey market premium, which indicates the expected listing price of the shares compared to the issue price.
When is the listing date for Brisk Technovision?
The listing date for Brisk Technovision is January 31, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
23 Jan 2024
Close
25 Jan 2024
Allotment
29 Jan 2024
Listing
31 Jan 2024
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