Sigma Solve Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 522,000 (47%) | — | ₹235 Cr |
| Retail | — | 522,000 (47%) | — | ₹235 Cr |
| Market Maker | — | 57,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,101,000 (100%) | — | ₹4,955 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 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,045,000 |
Financial Statements Amount in Rs Cr
| Metric | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 569 | 349 | 257 |
| Profit After Tax | 65 | 35 | 23 |
| Total Assets | 498 | 226 | 112 |
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
- Acquisitions And Other Strategic Initiatives – 2.30
- Investment in Subsidiary – 0.70
- General Corporate Purpose – 1.20
- Public Issue Expenses – 0.75
Company Overview
Incorporated in 2010, The Ahmadabad-based Sigma Solve Ltd is primarily engaged in offering IT and IT-enabled services to customers. Sigma Solve Ltd through association with Sigma Solve Inc. (subsidiary company) offers software development, turnkey consultancy services, and services related to Web & E-commerce development, Real Time Application development, Business Intelligence Analytics, Digital Marketing, CRM Development, UI& UX Design, Automation testing, and others.
Sigma Solve Ltd generates 100% of its revenues through exporting products to Sigma Solve Inc that has offices across Florida (USA), Atlanata, and Australia.
Sigma Solve Ltd Product Portfolio
• Web & eCommerce Development; Shopify, nopcommerce, PrestaShop, Magento, Wordpress, Cake PHP.
• Real Time Application Development
• Business Intelligence Analytics; Tableau, Salesforce, Creatio, etc.
• Digital Marketing
• UI & UX Design
• Automation Testing and Quality Assurance
Competitive Strengths
• 100% revenue from Export.
• Customer-oriented products and services.
• Diversified product portfolio.
• User Experience design services for web and mobile.