Nintec Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 890,000 (47%) | — | ₹89 Cr |
| Retail | — | 890,000 (47%) | — | ₹89 Cr |
| Market Maker | — | 100,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 1,880,000 (100%) | — | ₹1,880 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 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
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 – 1.02
- 2 General Corporate Expenses – 0.47
- 3 Issue Expenses – 0.39
Company Overview
Incorporated in 2015, Nintec Systems Ltd is a provider of software development services and solutions. They are specialize in providing offshore software product development, software migration, multimedia design & development, application development & maintenance, web designing, digitization of engineering drawings, and search engine optimization.
Nintec Systems customer base includes companies from diverse industry verticals like Automotive, Print Media & Publishing, Banking, Financial Services & Insurance (BFSI), Transportation and Logistics.