Ksolves India Ltd

Ksolves India Ltd Initial Public Offering Details

Ksolves India Ltd IPO Subscription Period From 23rd June to 26th June 2020: 

To begin with, the Ksolves India Ltd embed in 2014 and located at Noida. The company involved in providing enterprise solutions, software development, consulting, and IT solutions for clients. Also, it works for various sectors like Healthcare, E-commerce, and Finance. Moreover, the IPO subscription period starts from 23rd June and it will end on 26th June 2020.

Ksolves India Ltd IPO Details:

Bid Period June 23 to June 26, 2020
IPO Type Fixed Price Issue IPO
IPO Size 4,02,000 equity shares of Rs. 10 (aggregating up to Rs. 4.02 cr)
Face Value Rs. 10 Per Equity Share
IPO Price Rs. 100 Per Equity Share
Market Lot 1,200 Shares
Minimum Order Quantity 1,200 Shares
Listing At NSE SME

The company introduced a ‘Fixed Price Issue‘ type initial public offering with the face value of Rs. 10 per equity share. Initially, Ksolves India provided an issue size of 4,02,000 equity shares with an aggregating of Rs. 4.20 cr. Similarly, the price of the issue is Rs. 100 per equity share.

The market lot and minimum order quantity of the issue is 1,200 shares per each. If any investor should invest in this company with a minimum investment amount of Rs. 1,20,000 (1 lot=1,200 shares).  

Promoter Holdings:

The promoters of the company are Mrs. Deepali Verma and Mr. Ratan Kumar Srivastava. 

Pre Issue Holding 93.33%
Post Issue Holding 68.02%

The object of the company, it plans to utilize the IPO raised amount for the working capital requirements, general corporate purposes. The company shares will be list on the National Stock Exchange Small and Medium-sized Enterprises (NSE SME)

IPO Registrar:

Bigshare Services Pvt Ltd

1st Floor, Bharat Tin Works Building, 

Opp. Vasant Oasis, Makwana Road, 

Marol, Andheri(E), Mumbai-400 059

Phone: +91-22-6263 8200

Email: [email protected]

Website: http://www.bigshareonline.com

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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