Sigma Solve Limited

Sigma Solve Limited SME IPO Details

Sigma Solve Limited SME IPO Subscription Period From 29th September To 9th October 2020:

To begin with, Sigma Solve Limited was embodied in 2010, and located at Ahmedabad. The company is mainly involved in offering IT and IT-enabled services to customers. The IPO bid period will open on 29th September and it will end on 9th October 2020.

IPO Details:

Bid Period 29th September and 9th October 2020
IPO Type Fixed Price Issue IPO
IPO Size 11,01,000 equity shares of Rs. 10 (aggregating up to Rs. 4.95 Cr)
Face Size Rs. 10 per equity share
IPO Price Rs. 45 per equity share
Market Lot 3,000 shares
Minimum Order Quantity 3,000 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. Similarly, the price band of the issue is Rs. 45 per equity share.

The market lot and the minimum order quantity is 3,000 shares per each. If any investor should invest in this company with a minimum investment amount of Rs. 1,35,000 (1 lot = 3,000 shares).

Promoter Holding:

The promoters of the company are Mr Prakash Ratilal Parikh and Mrs Kalpana Prakashbhai Parikh.

Pre Issue Share Holding 100%
Post Issue Share Holding 73.24%

The objective of the company, it plans to utilize the IPO raised the amount for the working capital requirements, general corporate purposes, and IPO expenditures. Moreover, Sigma Solve Ltd. shares will list on the NSE SME.

IPO Registrar:

Link Intime India Private Ltd.

C 101, 247 Park, L.B.S.Marg,

Vikhroli (West), Mumbai-400083.

Phone: +91-22-4918 6270

Email: [email protected]


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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