Xelpmoc Design & Tech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,613,637 (75%) | — | ₹1,725 Cr |
| NII (HNI) | — | 522,726 (15%) | — | ₹345 Cr |
| Retail | — | 365,079 (10%) | — | ₹241 Cr |
| Σ Total | — | 3,501,442 (100%) | — | ₹23,110 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 | 200 | ₹13,200 |
| Retail (Max) | 13 | 2,600 | ₹171,600 |
| S-HNI (Min) | 14 | 2,800 | ₹184,800 |
| B-HNI (Min) | 67 | 13,400 | ₹884,400 |
Financial Statements Amount in Thousands
| Metric | 31-Mar-18 | 31-Mar-17 |
|---|---|---|
| Revenue | 49,310 | 19,235 |
| Profit After Tax | 35,032 | 28,559 |
| Total Assets | 246,043 | 187,208 |
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 Purchase of IT hardware and network equipment’s for development centers in Kolkata and Hyderabad – 5.49
- 2 Purchase of fit outs for new development centers in Kolkata and Hyderabad – 4.09
- 3 Funding working capital requirements of the Company – 6.00
- 4 General corporate purposes – 4.07
Company Overview
Incorporated in 2015, Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support.
The company caters entrepreneurs, start-ups and established companies in public and private sector. It provides a wide range of services, including, mobile and web application development, prototype development, thematic product development, data science and analytics assistance.
As of June 30, 2018, the company has served over 23 clients in India. The company intends to leverage its existing business model to enter newer geographies such as the Middle East and North Africa (MENA), United States, United Kingdom, Asia Pacific and Australia.