Funny Software Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,550,000 (47%) | — | ₹217 Cr |
| Retail | — | 1,550,000 (47%) | — | ₹217 Cr |
| Market Maker | — | 180,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 3,280,000 (100%) | — | ₹4,592 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹140,000 |
| Retail (Max) | 13 | 130,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 670,000 | ₹9,380,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To part-finance incremental working capital requirements – 3.00
- 2 To acquire certain fixed assets – 0.35
- 3 General Corporate purpose – 0.89
- 4 Issue Expenses – 0.35
Company Overview
Incorporated in 2007, Funny Software Ltd (FSL) is engaged in the providing IT services, consulting and business solutions organization and delivering results to its valued clients. The company also operates as reseller organization by a team of dynamic professionals with marketing, sales and technical know-how spread across various industries. It predominantly caters to Delhi and nearby markets and act as IT Distribution space. Going forward, FSL plan to increase its product portfolio and also plans to penetrate in new markets.
FSL has a comprehensive portfolio of product offerings covering desktop, laptops, servers, Hard Disk Drives, Scanners, Memory Modules and Cards, USB Drives, Speakers, Optical Media, Casings, Electronic Copy boards, Clear One Audio Conferencing, Elmo Document Camera etc. Its range of products and services consists are: Data processing, Dealing in Desktops, Laptops, Servers, Storage and Software, Imaging Software, Hard Disk Drives / Portable storage Solutions, Scanners, Memory Modules and Cards, USB Drives, Speakers, Optical Media, Casings, SMPS, UPS, Webcams, Keyboards & Mice, Networking of Computers, Advisors and consultants in respect of matters relating to Computer hardware software computer aided Programmes.