Ekennis Software Service Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

21 Feb 2022

Close Date

24 Feb 2022

Allotment

02 Mar 2022

Listing Date

07 Mar 2022

Exchange

BSE SME

Price Band

₹72

Listing Price

See chart

Allotment Status

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Price Band

₹72

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

4,00,000 shares (aggregating up to ₹2.88 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹115,200

1 lot

Pre-IPO Holding

10,00,000 shares

Promoters

Post-IPO Holding

14,00,000 shares

Promoters

P/E (Pre)

11.4x

UPI Deadline

2022-02-24

Mandate

Anchor AllotmentSun, 20 Feb 2022

Basis of AllotmentWed, 02 Mar 2022

Refund InitiationThu, 03 Mar 2022

Demat CreditFri, 04 Mar 2022

Listing DayMon, 07 Mar 2022

UPI Mandate Deadline2022-02-24

Sale TypeFresh Capital

Net Offer to Public3,77,600 shares (aggregating up to ₹2.72 Cr)

Market Maker Quota22,400 shares (aggregating up to ₹0.1613 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Ekennis Software Service Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Feb 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	22,400	—	₹0.16
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	400,000	100%	₹2.88

IPO Shares Offered

Ekennis Software Service Ltd. IPO total issue size: ₹2.88 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	22,400	₹0.16	5.60%
Total	400,000	₹2.88	100.00%

* Based on upper price band ₹72 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹72.00

Upper Band

Min Investment

₹115,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹230,400
Retail (Max — 13 Lots)	13	20,800	₹1,497,600
S-HNI (Min — 14 Lots)	14	22,400	₹1,612,800
B-HNI (Min — 68 Lots)	68	108,800	₹7,833,600

* Issue Price ₹72 × Lot Size 1,600 shares

IPO Schedule

Anchor

20 Feb 2022

✓ Done

IPO Open

21 Feb 2022

✓ Done

IPO Close

24 Feb 2022

✓ Done

Allotment

02 Mar 2022

✓ Done

Refunds

03 Mar 2022

✓ Done

Demat Credit

04 Mar 2022

✓ Done

Listing Day

07 Mar 2022

✓ Done

₹72.00

INR · BSE

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Issue ₹72.00 Live Price

About Ekennis Software Service Ltd.

Ekennis Software Service Ltd is engaged in the business of software IT solution and consulting services, IT product/ software development, and software training, ERP solution, Learning Management Solution, 3D printing, Digital printing and packaging design consultancy. It also provides business process analysis, system design, technical expertise, implementation, training, and support services, and has expertise in SAP ERP.IT Solutions: Ekennis Software is a ERP solution provider organizing solution implementation in SAP, Oracle, and Microsoft.3D and Digital Printing: It provides 3D printing and packaging services for retail, food, entertainment, sport, babycare, personal & hygiene, industrial, and agriculture industries.Competitive strengthsExperienced promoters and employee base.One stop shop for managed business solutions to diversified customer base.E-learning, mobile learning solutions, and EATS (Ekennis Application Tracking System) for staffing solutions.Latest technology usage for digital printing.Cost advantage and product differentiation strategy.

Objects of the Issue

1 Purchase of Plant and Machinery

2 Funding working capital requirements

3 General Corporate Purposes

Ekennis Software Service Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹485.8

31-Mar-20

₹468.7

31-Mar-21

₹367.2

15-Jan-22

Profit After Tax (PAT)

₹22.6

31-Mar-20

₹94.9

31-Mar-21

₹70.2

15-Jan-22

Particulars	15-Jan-22	31-Mar-21	31-Mar-20
Revenue from Operations	367.18	468.67	485.78
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	70.20	94.92	22.60
Net Worth	N/A	N/A	N/A
Total Assets	301.07	261.53	163.87
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered4,00,000 (100.00%)

Net Offer to Public3,77,600 shares (aggregating up to ₹2.72 Cr)

Reserved for Market Maker22,400 shares (aggregating up to ₹0.1613 Cr)

Pre-Issue Promoter Holding10,00,000 shares

Post-Issue Promoter Holding14,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

compliances@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Ekennis Software Service Ltd. IPO subscribed? ▲

Ekennis Software Service Ltd. IPO is subscribed 1.00 times by Feb 24, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Ekennis Software Service Ltd. IPO retail subscription status? ▼

The Ekennis Software Service Ltd. IPO retail category is subscribed 1.00 times as of 24 Feb 2022. The retail portion is oversubscribed.

How to subscribe Ekennis Software Service Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Feb 2022 and closes 24 Feb 2022. Min investment: ₹115,200 (1 lot = 1,600 shares). UPI mandate: 2022-02-24.

How many times Ekennis Software Service Ltd. IPO subscribed? ▼

The Ekennis Software Service Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ekennis Software Service Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Mar 2022. Refunds: on 03 Mar 2022.

When Ekennis Software Service Ltd. IPO will be listed? ▼

The Ekennis Software Service Ltd. IPO listing date is 07 Mar 2022, Monday. Listed on: BSE SME. Issue price: ₹72. Estimated listing: ₹72. GMP: NIL.

When Ekennis Software Service Ltd. IPO close? ▼

The Ekennis Software Service Ltd. IPO closes on 24 Feb 2022, Thursday. UPI mandate: 2022-02-24. Allotment: 02 Mar 2022. Listing: 07 Mar 2022.

Quick Actions

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Live Price LIVE

Last Price₹72.00

Change—

Issue Price₹72.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹72

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹115,200

GMPNIL

Est. Listing₹72

Subscribed1.00x

Open Date21 Feb 2022

Close Date24 Feb 2022

Allotment02 Mar 2022

Listing Date07 Mar 2022

ExchangeBSE SME

UPI Deadline2022-02-24