Lex Nimble Solutions Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Mar 2018

Close Date

23 Mar 2018

Allotment

29 Mar 2018

Listing Date

04 Apr 2018

Exchange

BSE SME

Price Band

₹57

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹57

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

11,12,000 shares (aggregating up to ₹6.34 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹114,000

1 lot

Pre-IPO Holding

30,78,000 shares

Promoters

Post-IPO Holding

41,90,000 shares

Promoters

UPI Deadline

2018-03-23

Mandate

Anchor AllotmentSun, 11 Mar 2018

Basis of AllotmentThu, 29 Mar 2018

Refund InitiationFri, 30 Mar 2018

Demat CreditFri, 30 Mar 2018

Listing DayWed, 04 Apr 2018

UPI Mandate Deadline2018-03-23

Sale TypeFresh Capital

Net Offer to Public10,56,000 shares (aggregating up to ₹6.02 Cr)

Market Maker Quota56,000 shares (aggregating up to ₹0.3192 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Lex Nimble Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Mar 2018.

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	56,000	—	₹0.32
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,112,000	100%	₹6.34

IPO Shares Offered

Lex Nimble Solutions Ltd. IPO total issue size: ₹6.34 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	56,000	₹0.32	5.04%
Total	1,112,000	₹6.34	100.00%

* Based on upper price band ₹57 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹57.00

Upper Band

Min Investment

₹114,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹228,000
Retail (Max — 13 Lots)	13	26,000	₹1,482,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,596,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,752,000

* Issue Price ₹57 × Lot Size 2,000 shares

IPO Schedule

Anchor

11 Mar 2018

✓ Done

IPO Open

12 Mar 2018

✓ Done

IPO Close

23 Mar 2018

✓ Done

Allotment

29 Mar 2018

✓ Done

Refunds

30 Mar 2018

✓ Done

Demat Credit

30 Mar 2018

✓ Done

Listing Day

04 Apr 2018

✓ Done

₹57.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹57.00 Live Price

About Lex Nimble Solutions Ltd.

Incorporated in 2012, Lex Nimble Solutions Ltd is engaged in business of Appraisal Advisory, Certification, training and related services on quality models, IT product and development and services. Lex Nimble Solutions Ltd. (LNSL) is a subsidiary of Lex Nimble Solutions Inc., USA that holds 97.81% stake in the company. The major revenue streams are:1. IT application development, maintenance and support:They offer back office support in developing customer centric applications along with maintenance and support services.2. Development and maintenance of portals and mobile applications:They offer support in developing and maintaining enterprise information portals or corporate portals. They also develop location aware mobile solutions. They have recently done development of mobile application and web application compatibility for Dubai port authority3. Corporate training:They offer customized training which includes understanding client specific needs and training them.4. Consulting:They have done several assignments in the areas of Quality management system implementation, Six sigma implementation, Information security consulting, Security testing related assignments. Company recently acquired the CMMI level 2 certification and now plans to foray into new segments of business.

Objects of the Issue

1 Foraying into CMMI consulting

2 Establishment as an ISO certifying body

3 Customisation of SimpleLaw for the Indian market

4 General Corporate Purposes

5 Issue Expenses

Lex Nimble Solutions Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered11,12,000 (100.00%)

Net Offer to Public10,56,000 shares (aggregating up to ₹6.02 Cr)

Reserved for Market Maker56,000 shares (aggregating up to ₹0.3192 Cr)

Pre-Issue Promoter Holding30,78,000 shares

Post-Issue Promoter Holding41,90,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Quintessence Enterprise Pvt.Ltd.

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

IPO Subscription FAQs

How much Lex Nimble Solutions Ltd. IPO subscribed? ▲

Lex Nimble Solutions Ltd. IPO is subscribed 1.00 times by Mar 23, 2018. 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 Lex Nimble Solutions Ltd. IPO retail subscription status? ▼

The Lex Nimble Solutions Ltd. IPO retail category is subscribed 1.00 times as of 23 Mar 2018. The retail portion is oversubscribed.

How to subscribe Lex Nimble Solutions Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Mar 2018 and closes 23 Mar 2018. Min investment: ₹114,000 (1 lot = 2,000 shares). UPI mandate: 2018-03-23.

How many times Lex Nimble Solutions Ltd. IPO subscribed? ▼

The Lex Nimble Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Lex Nimble Solutions 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: 29 Mar 2018. Refunds: on 30 Mar 2018.

When Lex Nimble Solutions Ltd. IPO will be listed? ▼

The Lex Nimble Solutions Ltd. IPO listing date is 04 Apr 2018, Wednesday. Listed on: BSE SME. Issue price: ₹57. Estimated listing: ₹57. GMP: NIL.

When Lex Nimble Solutions Ltd. IPO close? ▼

The Lex Nimble Solutions Ltd. IPO closes on 23 Mar 2018, Friday. UPI mandate: 2018-03-23. Allotment: 29 Mar 2018. Listing: 04 Apr 2018.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹57.00

Change—

Issue Price₹57.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹57

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹114,000

GMPNIL

Est. Listing₹57

Subscribed1.00x

Open Date12 Mar 2018

Close Date23 Mar 2018

Allotment29 Mar 2018

Listing Date04 Apr 2018

ExchangeBSE SME

UPI Deadline2018-03-23