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Xelpmoc Design and Tech IPO is a book built issue of Rs 23.00 crores.
Xelpmoc Design and Tech IPO bidding started from January 23, 2019 and ended on January 25, 2019. The allotment for Xelpmoc Design and Tech IPO was finalized on Wednesday, January 30, 2019. The shares got listed on BSE, NSE on February 4, 2019.
Xelpmoc Design and Tech IPO price band is set at ₹62 to ₹66 per share. The minimum lot size for an application is 200 Shares. The minimum amount of investment required by retail investors is ₹13,200.
Iti Capital Ltd is the book running lead manager of the Xelpmoc Design and Tech IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Xelpmoc Design and Tech IPO RHP for detailed information.
| IPO Date | January 23, 2019 to January 25, 2019 |
| Listing Date | February 4, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹66 per share |
| Lot Size | 200 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹23.00 Cr) |
| Retail Discount | Rs 3 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 10,203,856 |
| Share holding post issue | 13,705,298 |
Xelpmoc Design and Tech IPO offers 2,040,322 shares. 1,112,904 (54.55%) to QIB, 556,451 (27.27%) to NII, 370,967 (18.18%) to RII. 1,854 RIIs will receive minimum 200 shares and (sNII) and (bNII) will receive minimum 3,200 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 1,112,904 (54.55%) | NA |
| NII (HNI) Shares Offered | 556,451 (27.27%) | |
| Retail Shares Offered | 370,967 (18.18%) | 1,854 |
| Total Shares Offered | 2,040,322 (100%) |
Xelpmoc Design and Tech IPO opens on January 23, 2019, and closes on January 25, 2019.
| IPO Open Date | Wednesday, January 23, 2019 |
| IPO Close Date | Friday, January 25, 2019 |
| Basis of Allotment | Wednesday, January 30, 2019 |
| Initiation of Refunds | Thursday, January 31, 2019 |
| Credit of Shares to Demat | Friday, February 1, 2019 |
| Listing Date | Monday, February 4, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 25, 2019 |
Investors can bid for a minimum of 200 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 | 200 | ₹13,200 |
| Retail (Max) | 15 | 3000 | ₹198,000 |
| Lot Size Calculator | |||
The Individual Promoters of the company are Sandipan Chattopadhyay, Srinivas Koora; and Jaison Jose. The Individual Promoters hold, in aggregate 7,456,990 Equity Shares representing 73.08% of the pre-issue paid up Equity Share Capital of the Company.
| Share Holding Pre Issue | 73.08% |
| Share Holding Post Issue |
Incorporated in 2015, Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support.
The company caters entrepreneurs, start-ups and established companies in public and private sector. It provides a wide range of services, including, mobile and web application development, prototype development, thematic product development, data science and analytics assistance.
As of June 30, 2018, the company has served over 23 clients in India. The company intends to leverage its existing business model to enter newer geographies such as the Middle East and North Africa (MENA), United States, United Kingdom, Asia Pacific and Australia.
| Particulars | For the year/period ended (in Rs. Thousands) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | |||||
| Total Assets | 246,042.65 | 187,207.82 | ||||
| Total Revenue | 49,310.38 | 19,235.47 | ||||
| Profit After Tax | (35,032.34) | (28,559.32) | ||||
The objects of the issue are to raise funds to-
1. Purchase of IT hardware and network equipment's for development centres in Kolkata and Hyderabad;
2. Purchase of fit-outs for new development centres in Kolkata and Hyderabad;
3. Funding working capital requirements
4. General corporate purposes.
[Dilip Davda] Although XDTL has posted rising trends in top line, its negative bottom-line and the minuscule volume against higher equity base raises concern. The company has won few long term good contacts from big corporate as well as from new start ups. This is a clear long term bet considering company may take a year or two to be in green. Hence cash surplus risk savvy investors may consider investment at their own risk in this mini main board IPO. Read detail review...
The Xelpmoc Design and Tech IPO is subscribed 3.25 times on January 25, 2019 5:00:01 PM. The public issue subscribed 2.64 times in the retail category, 1.24 times in the QIB category, and 7.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 1.24 |
| NII | 7.69 |
| Retail | 2.64 |
| Total | 3.25 |
| Listing Date | February 4, 2019 |
| BSE Script Code | 542367 |
| NSE Symbol | XELPMOC |
| ISIN | INE01P501012 |
| Final Issue Price | ₹66 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹66.00 |
| ₹57.00 |
| ₹55.15 |
| ₹59.85 |
| ₹59.85 |
Xelpmoc Design and Tech Limited
#17, 4th Floor, Agies Building
1st 'A' Cross, 5thBlock,
Koramangala, Bengaluru - 560 034
Phone: +91 80 4370 8360
Email: vaishali.kondbhar@xelpmoc.in
Website: http://www.xelpmoc.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
Xelpmoc Design and Tech IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹23.00 Crores. The issue is priced at ₹62 to ₹66 per share. The minimum order quantity is 200 Shares.
The IPO opens on January 23, 2019, and closes on January 25, 2019.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Xelpmoc Design and Tech IPO opens on January 23, 2019 and closes on January 25, 2019.
Xelpmoc Design and Tech IPO lot size is 200 Shares, and the minimum amount required is ₹13,200.
You can apply in Xelpmoc Design and Tech 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 Xelpmoc Design and Tech IPO will be done on Wednesday, January 30, 2019, and the allotted shares will be credited to your demat account by Friday, February 1, 2019. Check the Xelpmoc Design and Tech IPO allotment status.
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smeanalysts| Link | Bookmark |February 7, 2019 1:37:08 PMMark my words. this is one of few multibaggers as it is going to become hot investment of future