Canarys Automations Limited

About the company

## **About the Canarys Automations Limited IPO :** With over three decades of unparalleled experience, Canarys Automations Limited has firmly established itself as a leading IT solutions provider since its inception in 1991. Over the years, the company has been at the forefront of technological innovation, consistently delivering cutting-edge solutions to facilitate digital transformation for businesses across various industries. 1.    Technology Solutions: They offer consulting in digitalization, modernization, cloud migration, automation, and digital transformation. Their expertise includes DevOps, cloud consulting, digital enterprise solutions, RPA, and digital applications. 2.    Water Resource Management Solution: Canarys provides automation solutions for irrigation, flood risk assessment, water utilisation, and SCADA gate control. Their services cater to various industries, including BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. Canarys is dedicated to helping businesses optimise operations and enhance customer experiences through technology. Their commitment to excellence is acknowledged by customers and partners. Now, Canarys Automations Limited  is coming out with its initial public offer (IPO). The net proceeds of the Fresh Issue are proposed to be utilised in the following manner: 1. Funding of expenditure relating to solutions development for digital transformation and water resources management solutions; 2. Creation of new delivery centre including infrastructure thereof and upgrading existing facilities; 3. Funding working capital requirements of our Company; 4. General corporate purposes ## **Here are key details about the Canarys Automations Limited IPO :** Company Name| Canarys Automations Limited    |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   27 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   03 Oct 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   09 Oct 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Oct 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   11 Oct 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.