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Nintec Systems Ltd IPO (Nintec Systems IPO) Detail

March 29, 2016 - April 6, 2016

Nintec Systems IPO is a fixed price issue of Rs 1.88 crores.

Nintec Systems IPO bidding started from March 29, 2016 and ended on April 6, 2016. The shares got listed on BSE SME on April 18, 2016.

Nintec Systems IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager of the Nintec Systems IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Nintec Systems IPO RHP for detailed information.

Nintec Systems IPO Details

IPO Date March 29, 2016 to April 6, 2016
Listing Date April 18, 2016
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size1,880,000 shares
(aggregating up to ₹1.88 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue5,000,000
Share holding post issue6,880,000

Nintec Systems IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About Nintec Systems Ltd

Incorporated in 2015, Nintec Systems Ltd is a provider of software development services and solutions. They are specialize in providing offshore software product development, software migration, multimedia design & development, application development & maintenance, web designing, digitization of engineering drawings, and search engine optimization.

Nintec Systems customer base includes companies from diverse industry verticals like Automotive, Print Media & Publishing, Banking, Financial Services & Insurance (BFSI), Transportation and Logistics.

Objects of the Issue (Nintec Systems IPO Objectives)

The object of the issue are to:

1. To part-finance incremental working capital requirements;
2. General corporate expenses;
3. Issue Expenses.

Nintec Systems IPO Review (Apply)

[Dilip Davda]  This being at par issue, risk savvy investors with surplus funds may consider it for long term investment. Read detail review...

Nintec Systems IPO Prospectus

Nintec Systems IPO Rating

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Rating:Rated 3.5 stars
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Nintec Systems IPO Listing Details

Listing Date April 18, 2016
BSE Script Code 539843
NSE Symbol NINSYS
ISIN INE395U01014
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹11.70
₹11.12
₹12.00
₹11.40

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Nintec Systems Ltd Contact Details

Nintec Systems Ltd
B-11 Corporate House,
SG Highway, Bodakdev,
Ahmedabad-380054
Phone: +91-7940393909
Email: cs@nintecsystems.com
Website: http://www.nintecsystems.com

Nintec Systems IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Nintec Systems IPO - Buy or Not

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Nintec Systems IPO FAQs

Nintec Systems IPO is a SME IPO of 1,880,000 equity shares of the face value of ₹10 aggregating up to ₹1.88 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on March 29, 2016, and closes on April 6, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Nintec Systems IPO opens on March 29, 2016 and closes on April 6, 2016.

Nintec Systems IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in Nintec Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Nintec Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nintec Systems IPO allotment status.

The Nintec Systems IPO listing date is on April 18, 2016.
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Nintec Systems IPO Message Board

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4 Comments

4. JGlo |   Link |  Bookmark |April 8, 2016 1:20:39 AM
this ipo got over subscribed by over 2 times. would like to closely follow this company.
3. fraudiya |   Link |  Bookmark |April 4, 2016 5:57:26 PM
Fraudiya company :)
2. IPOANALYSIS |   Link |  Bookmark |March 30, 2016 5:28:42 PM
HAHAH

IS THIS A JOKE. A COMPANY WITH MERE 80 LAC TUNOVER YEARLY WANTS TO COLLECT 1.88 CRORE FROM MARKET

WHAT A WASTE COMPANY. THIS IS A 2 RS STOCK . PLEASE IGNORE SUCH COMPANIES. Even a small business shop earn sales of excess to 1 crore yearly and this one has 80 lac turnover. is this a joke?
1. atul |   Link |  Bookmark |March 26, 2016 10:14:42 PM (300+ Posts)
It is more of start up like thing.they r looking very small capital and have p/e alomost lowest.cash flow is negative.I m confused that r they really want money to grow?
Pl comment