1.Company Information

Incorporated in 1996, Presstonic Engineering Limited manufactures products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure. The company offers a wide range of products, including Rolling Stock Interior Products such as Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels. They also manufacture IP-rated enclosures, beacon mounting brackets, ballastless support brackets, DCS masts, ladder assemblies with DCS mast platforms, Steel Structures, Aluminum Murals, Support Structures for Solar Panels, Wire Forms, and Cable Trays.r Panels, Wire Forms, and Cable Trays.

The company's manufacturing facility and R&D Division are situated in Bangalore. The company's manufacturing facility is spread over approx. 28,317.50 sq.ft. The company's business model is order-based. As on March 31, 2023, the company have an unexecuted order book of Rs 6,389.57 lakhs. Presstonic Engineering Limited supplies products to diversified industries along with State Govt. Central Govt. and PSUs.

The competitive strength of the company lies in the following:-

1.Organizational stability, coupled with practical management expertise.

2. Efficient and seamless functioning of tasks.

3. Well-defined organizational structure.

4. This manufacturing facility is well-established and designed to cater to various product needs. It also has existing supplier relationships.

2. Objective of the Issue

1. Funding Capital Expenditure towards the purchase of additional plant and machinery

2. Prepayment in full of certain borrowings availed by the Company

3. To meet the Working Capital Requirements

4. To meet the Issue Expenses

5. General Corporate Purposes.

3.On Door Concepts IPO Registrar

Presstonic Engineering IPO Registrar

Cameo Corporate Services Limited

Phone:+91-44-28460390

Email: ipo@cameoindia.com

Website:  https://ipo.cameoindia.com/