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Reliable Data Services Limited IPO (Reliable Data IPO) Detail

September 27, 2017 - October 3, 2017

Reliable Data IPO is a fixed price issue of Rs 14.82 crores.

Reliable Data IPO bidding started from September 27, 2017 and ended on October 3, 2017. The shares got listed on NSE SME on October 11, 2017.

Reliable Data IPO price is ₹57 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹114,000.

Swastika Investmart Ltd is the book running lead manager of the Reliable Data IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to Reliable Data IPO RHP for detailed information.

Reliable Data IPO Details

IPO Date September 27, 2017 to October 3, 2017
Listing Date October 11, 2017
Face Value ₹10 per share
Price ₹57 per share
Lot Size 2000 Shares
Total Issue Size2,600,000 shares
(aggregating up to ₹14.82 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue6,000,000
Share holding post issue8,600,000

Reliable Data IPO Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹114,000
Retail (Max) 1 2000 ₹114,000
Lot Size Calculator

About Reliable Data Services Limited

Incorporated in 2001, Reliable Data Services is Delhi based IT service provider offering services in areas including management services, transaction processing services, human resources services and other allied services. Reliable Data provide these IT enabled services to banks, financial institutions and manufacturing industries.

Reliable Data has expanded its business through its nine subsidiary companies. The services offered by the company as listed as below:

1. Transaction Processing Services

• Pick-up and processing cheques / Drafts / Documents from clients.
• Back office support for Bank clearances and to expedite remittances.
• Coordinating Funds activity between banks and their clients.
• Follow-up with correspondent banks to expedite the early clearance of cheques and remittances against the same.
• Follow-up with your correspondent banks for old outstanding amount of up country cheques sent for clearance.
• Specialized collection of cheque and tracking of same and reporting at the frequency mentioned by the client.
• Collection of Duplicate DDs against the lost / mutilated or time barred instruments.

2. Human Resources Services

• Recruitment solutions including placement services.
• Payroll Processing.
• Outsourcing solutions related to manpower.
• Basic training facility to candidates.
• Management Compensation Planning.
• Bulk Return filing.
• Provident fund and ESI related services.

3. Management Services

• Business Consulting Services.
• Designing and installing system for budgetary control, fund management and costing.
• Designing of Accounting and Office records.
• MIS and System review.
• Financial projections and modeling.
• Business Valuations.
• Due diligence reviews.
• Strategic Financial Management.
• Project feasibility studies.

4. Other Services

• Digitization of records with high quality scanning.
• Bulk Data entry job work, assisting the clients with bulk entry of data within restricted time. Merchant Servicing. Management of “DROP BOXES” and complete process of collections including MIS Reporting.
• Management of Authorisation Centres.
• Delivery and tracking of documents/bills to customers. Total mail management.
• Pick-up and processing of Charge Slips.
• Verification, physical as well as telephonic of addresses and details of new subscribers.
• Complete handling of IPOs i.e. collection of subscription forms from syndicators, data entry of the forms and encoding of cheques.
• Process review and restructuring.

Key Performance Indicator

Pre IPO Post IPO
P/E (x) 30

Objects of the Issue (Reliable Data IPO Objectives)

The proceeds from the public issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. Pre-payment of Loan
3. To meet Capital Expenditure
4. General Corporate Purpose
5. To Meet the Issue Expenses

Reliable Data IPO Review (Avoid)

[Dilip Davda]  Considering high price offer, there is no harm in giving it a miss. Read detail review...


Reliable Data IPO Subscription Status (Bidding Detail)

The Reliable Data IPO is subscribed times on October 3, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Reliable Data IPO Prospectus

Reliable Data IPO Rating

45
3.3
Rating:Rated 3.3 stars
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Reliable Data IPO Listing Details

Listing Date October 11, 2017
BSE Script Code
NSE Symbol RELIABLE
ISIN INE375Y01018
Final Issue Price ₹57 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹57.00
₹68.40
₹68.40
₹68.40
₹68.40

Check IPO Performance…

Reliable Data Services Limited Contact Details

Reliable Data Services Limited
GF-22, Hans Bhawan,
1, Bahadur Shah Zafar Marg, ITO,
New Delhi, East Delhi 110002
Phone: +91-120-4089177
Email: cs@rdspl.com
Website: http://www.rdspl.com

Reliable Data IPO Registrar

Reliable Data IPO - Buy or Not

Reliable Data IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Reliable Data IPO FAQs

Reliable Data IPO is a SME IPO of 2,600,000 equity shares of the face value of ₹10 aggregating up to ₹14.82 Crores. The issue is priced at ₹57 per share. The minimum order quantity is 2000 Shares.

The IPO opens on September 27, 2017, and closes on October 3, 2017.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Reliable Data IPO opens on September 27, 2017 and closes on October 3, 2017.

Reliable Data IPO lot size is 2000 Shares, and the minimum amount required is ₹114,000.

You can apply in Reliable Data 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 Reliable Data IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Reliable Data IPO allotment status.

The Reliable Data IPO listing date is on October 11, 2017.
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Reliable Data IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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44 Comments

32. devuda |   Link |  Bookmark |October 29, 2017 11:04:17 AM
RNAM set to list around 375 for sure! Big bulls waiting to grab and will hover between 350 and 375 eventually. GMP figures totally way off the mark and totally erroneous.
31. devuda |   Link |  Bookmark |October 27, 2017 5:47:43 PM
RNAM subscription data is a big welcome surprise! I am sure its gonna give a big listing surprise too - over and above 375! The fact that it delivers ~30% PAT each year is the USP of this IPO. Make Hay!
30. IPO LEADER |   Link |  Bookmark |October 26, 2017 11:34:14 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Hold for 100 in 2 months
29. IPO LEADER |   Link |  Bookmark |October 26, 2017 11:26:21 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Hold for 100 in 2 months
28. BlackSwan |   Link |  Bookmark |October 23, 2017 12:06:31 PM
Retail guys are in full mood to exit anything 1650+.......getting IEX getting butchered after 1650+-:(.........
27. MARWADI |   Link |  Bookmark |October 10, 2017 2:41:04 PM
13/14 rs premium
27.1. Vijay M Agrawal |   Link |  Bookmark |October 10, 2017 9:17:07 PM (300+ Posts)
This premium is in which city
26. NickofTime |   Link |  Bookmark |October 10, 2017 2:48:33 PM
When is the listing of Reliable?
26.1. Vijay M Agrawal |   Link |  Bookmark |October 10, 2017 9:14:57 PM (300+ Posts)
Listing is tomorrow at 9.15 AM ON NSE SME PLATFORM
25. devesh |   Link |  Bookmark |October 10, 2017 10:26:56 AM
ALLOTED APPLICATION RATE..AND GMP ??
24. Rushabh shsh |   Link |  Bookmark |October 10, 2017 12:54:18 AM
Canfone kostak reliable
23. MARWADI |   Link |  Bookmark |October 9, 2017 10:44:22 PM
Any premium reliable data services ltd
22. Rafiq |   Link |  Bookmark |October 9, 2017 7:56:05 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Allotment is out check


http://www.skylinerta.com/ipo.php
22.1. STOCKT |   Link |  Bookmark |October 9, 2017 8:02:15 PM
SITE HAS ALL WRONG INFORMATION
IT SAYS 0 ALLOTEED BUT AS SAME TIME SAYS AMOUNT ADJUSTED 114000 AND REFUND AMOUNT 0.

LOL ALL WRONG DETAILS ON SITE. THEY NEED TO IMPROVE ON AND PUTTING CORRECT DETAILS
21. mittaldatt |   Link |  Bookmark |October 9, 2017 5:50:58 PM
When allotment done
21.1. Vijay M Agrawal |   Link |  Bookmark |October 9, 2017 7:27:42 PM (300+ Posts)
Allotment is done but registrar site is not showing my I got 2 out of 7 my all Bob accounts are unblocked
21.2. Ajmera |   Link |  Bookmark |October 9, 2017 7:49:40 PM
Allotment is out
20. OnlyVimal |   Link |  Bookmark |October 3, 2017 6:02:44 PM
subject to 20000/- in Bhuj-kutch
20.1. ONLYJAMES |   Link |  Bookmark |October 9, 2017 1:19:56 PM
AMARA RATE NA MUKO
19. mittaldatt |   Link |  Bookmark |October 9, 2017 12:14:27 PM
Link for check allotment and date of allotment
19.1. Ajmera |   Link |  Bookmark |October 9, 2017 12:30:41 PM
http://www.skylinerta.com/ipo.php
18. IPO Another |   Link |  Bookmark |October 9, 2017 12:29:12 PM
When will be the allotment
17. Rafiq |   Link |  Bookmark |October 6, 2017 10:39:24 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
What is the allotment and refund date
17.1. Ketan Patni |   Link |  Bookmark |October 9, 2017 10:33:49 AM
Today.
16. Pratik Bhatt |   Link |  Bookmark |October 3, 2017 6:03:22 PM
Sr. No      Category      No of shares bid for
1      Qualified Institutional Buyers(QIBs)      0
1(a)      Foreign Institutional Investors(FIIs)      0
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      0
1(c)      Mutual funds      0
1(d)      Others      0
2      Non Institutional Investors      10,05,18,000
2(a)      Corporates      80,00,000
2(b)      Individuals(Other than RIIs)      9,24,72,000
2(c)      others      46,000
3      Retail Individual Investors(RIIs)      1,62,16,000
3(a)      Cut Off      0
3(b)      Price bids      1,62,16,000
Total      11,67,34,000
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15. Pratik Bhatt |   Link |  Bookmark |October 3, 2017 5:58:39 PM
44.6 times overall

Retail - 13 times

Good
14. Rafiq |   Link |  Bookmark |October 3, 2017 4:42:57 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Bid Details for RDSL as on 03-Oct-2017 15:30:01 IST
Sr. No      Category      No of shares bid for
1      Qualified Institutional Buyers(QIBs)      0
1(a)      Foreign Institutional Investors(FIIs)      0
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      0
1(c)      Mutual funds      0
1(d)      Others      0
2      Non Institutional Investors      3,59,48,000
2(a)      Corporates      30,88,000
2(b)      Individuals(Other than RIIs)      3,28,14,000
2(c)      others      46,000
3      Retail Individual Investors(RIIs)      1,14,64,000
3(a)      Cut Off      0
3(b)      Price bids      1,14,64,000
Total      4,74,12,000



Total 18 times subscription till now
13. Vimalkaria |   Link |  Bookmark |October 3, 2017 3:47:02 PM
Gmp rajkot 14000
How many subscription? ?