Mindpool Technologies Limited IPO

Add to Calendar 2019-02-14 12:00 AM 2019-02-20 12:00 AM Asia/Kolkata Mindpool Technologies Limited IPO Mindpool Technologies Limited India

Mindpool Technologies Limited is engaged in providing human resources and training across several sectors including banking and financial services, automotive and engineering, healthcare, telecom, Retail and Entertainment across India and US.  The company has served 22 clients and 103 Employees as on 31st March 2018.

Date of Incorporation: It was incorporated on 21st February 2011 as ‘Mindpool Technologies Private Limited’ a Private Limited Company at Pune. Eventually, it was reformed to ‘Mindpool Technologies Limited’ a Public Limited Company on 04th April 2018.

Promoters of Mindpool Technologies Limited: Mr Ritesh R. Sharma and Mrs Poonam R. Sharma are the promoters of Mindpool Technologies Limited.

  Products and Services Offering: The Core services provided by the Company include:

  • - Oracle Consultancy Services.

  • - IT Staffing Solutions.

  • - Corporate Training.

Customer Segments: Mindpool Technologies Limited has the clientele that includes Herbalife International India Private Ltd, Clairvoyant India Private Limited, Inspirage Software Consulting Private Limited and HTC Global Services (India) Private Ltd among others across several Industries.

Objects of Mindpool Technologies Limited IPO: The core objectives of this IPO are:

  • - To finance Working Capital Requirements.

  • - General Corporate Expenses.

  • - To meet its Issue related Expenses.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)


30-Sep-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

1,556.36

1,393.26

1,679.83

1,315.05

Total Revenue

1,081.35

2,043.36

2,537.77

2,078.07

Profit After Tax

146.19

163.22

129.25

-33.42

Issue Detail

  • Issue Open: Feb 14, 2019
  • Issue Close: Feb 20, 2019
  • Issue Type: Fixed Price Issue
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 30 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 3.60 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 568,000 568,000 - - 1,136,000
Day 1 - Feb 14, 2019IST - 1.25x 0.03x - - 0.64x
Day 2 - Feb 15, 2019IST - 1.51x 0.07x - - 0.78x
Day 3 - Feb 18, 2019IST - 1.53x 0.30x - - 0.92x
Day 4 - Feb 19, 2019IST - 1.53x 0.36x - - 0.94x
Day 5 - Feb 20, 2019IST - 2.53x 1.65x - - 2.09x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 30.00
Open - Rs 30.00
Low - Rs 28.50
High - Rs 30.00
Last Trade - Rs 28.50
Volume - 284,000

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