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Ksolves India Ltd.

Ksolves India Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹100
₹100
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹100
Based on GMP
Min. Investment
₹120,000
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Jun 2020
Close Date
26 Jun 2020
Allotment
02 Jul 2020
Listing Date
06 Jul 2020
Exchange
NSE SME
Price Band
₹100
Listing Price
See chart
Allotment Status
Price Band
₹100
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
4,02,000 shares (aggregating up to ₹4.02 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
10,80,000 shares
Promoters
Post-IPO Holding
14,82,000 shares
Promoters
UPI Deadline
2020-06-26
Mandate
Anchor AllotmentMon, 22 Jun 2020
Basis of AllotmentThu, 02 Jul 2020
Refund InitiationFri, 03 Jul 2020
Demat CreditFri, 03 Jul 2020
Listing DayMon, 06 Jul 2020
UPI Mandate Deadline2020-06-26
Sale TypeFresh Capital
Net Offer to Public3,81,600 shares (aggregating up to ₹3.82 Cr)
Market Maker Quota20,400 shares (aggregating up to ₹0.2040 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ksolves India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jun 2020.
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
20,400
₹0.20
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
402,000
100% ₹4.02
IPO Shares Offered
Ksolves India Ltd. IPO total issue size: ₹4.02 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 20,400 ₹0.20
5.07%
Total 402,000 ₹4.02
100.00%
* Based on upper price band ₹100 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹100.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹240,000
Retail (Max — 13 Lots)1315,600₹1,560,000
S-HNI (Min — 14 Lots)1416,800₹1,680,000
B-HNI (Min — 68 Lots)6881,600₹8,160,000
* Issue Price ₹100 × Lot Size 1,200 shares
IPO Schedule
Anchor
22 Jun 2020
✓ Done
IPO Open
23 Jun 2020
✓ Done
IPO Close
26 Jun 2020
✓ Done
Allotment
02 Jul 2020
✓ Done
Refunds
03 Jul 2020
✓ Done
Demat Credit
03 Jul 2020
✓ Done
Listing Day
06 Jul 2020
✓ Done
Ksolves India Ltd. — Live Price LIVE
₹100.00
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Issue ₹100.00 Live Price
About Ksolves India Ltd.
Incorporated in 2014, Ksolves India Ltd is a software services and product company. It is engaged in providing enterprise solutions, software development, consulting, and Information Technology solutions for clients. The company works for different sectors such as Healthcare, Telecom, E-commerce, Real Estate, and Finance.It provides digital solutions to client organizations to develop powerful applications, maintain software systems, and enhance the functionality of the software as per the business requirements. The applications created by the company include automation of routine business functions to make them accurate, faster, and easier and increase the channels for better functioning.Ksolves has acquired Kartik Solutions Private Limited in 2019 and it has become the wholly-owned subsidiary of the company. Kartik Solutions provides IT and IT-enabled services including web, mobile, cloud, and e-commerce solutions.The company along with its subsidiary has a presence over 30 countries and major sales (80%) from North America.Competitive Strengths1. Long-standing customer relationship2. Diversified revenue from multiple reaches across the world3. Focus on technology trend evolution4. Diverse business across multiple industries
Objects of the Issue
1
To Meet Working Capital Requirement
2
General Corporate Expenses
3
Public Issue Expenses
Ksolves India Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
₹340.9
31-Mar-18
₹542.6
31-Mar-19
₹814.5
31-Mar-20
Profit After Tax (PAT)
₹5.5
31-Mar-18
₹15.8
31-Mar-19
₹67.2
31-Mar-20
Particulars31-Mar-2031-Mar-1931-Mar-18
Revenue from Operations 814.51 542.62 340.85
EBITDA N/A N/A N/A
Profit After Tax (PAT) 67.19 15.83 5.50
Net Worth N/A N/A N/A
Total Assets 166.19 69.08 53.09
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 Offered4,02,000 (100.00%)
Net Offer to Public3,81,600 shares (aggregating up to ₹3.82 Cr)
Reserved for Market Maker20,400 shares (aggregating up to ₹0.2040 Cr)
Pre-Issue Promoter Holding10,80,000 shares
Post-Issue Promoter Holding14,82,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
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 Ksolves India Ltd. IPO subscribed?

Ksolves India Ltd. IPO is subscribed 1.00 times by Jun 26, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ksolves India Ltd. IPO retail subscription status?

The Ksolves India Ltd. IPO retail category is subscribed 1.00 times as of 26 Jun 2020. The retail portion is oversubscribed.

How to subscribe Ksolves India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Jun 2020 and closes 26 Jun 2020. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2020-06-26.

How many times Ksolves India Ltd. IPO subscribed?

The Ksolves India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ksolves India Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Jul 2020. Refunds: on 03 Jul 2020.

When Ksolves India Ltd. IPO will be listed?

The Ksolves India Ltd. IPO listing date is 06 Jul 2020, Monday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Ksolves India Ltd. IPO close?

The Ksolves India Ltd. IPO closes on 26 Jun 2020, Friday. UPI mandate: 2020-06-26. Allotment: 02 Jul 2020. Listing: 06 Jul 2020.