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Reliable Data Services Limited IPO

Add to Calendar 2017-09-27 12:00 AM 2017-10-03 12:00 AM Asia/Kolkata Reliable Data Services Limited IPO Reliable Data Services Limited India

The company is floated by a group of professionals having business interest in IT enabled services which includes web enabled services, remote services and covers the entire range of operations which exploit information technology for improving efficiency of an organization along with debt management services, collection from corporate clients, reconciliation, follow up and customized MIS etc

Date of establishment: Reliable Data Services Limited was incorporated in 2001

 

Product & Service Offering: Its services include

 

 

1. Transaction Processing Services

 

2. Human Resources Services

 

3. Management Services

 

4. Other Services

 

Promoters of Reliable Data Services India Limited: Mr. Sanjay Kumar Pathak, Mr. Rakesh Jha, Mr. Sandeep Kumar Jha, Mr. Sunil Kumar Rai and Mr. Anil Kumar Jha are the promoter Reliable Data Services Limited

 

Customer segment: Its client includes Standard Chartered Bank, Deutsche Bank, HSBC, HDFC Bank Ltd, ICICI Bank, Axis Bank, Citibank and Yes Bank etc.

 

Objects of the Issue: The objects of the Offer is to:-
-     To meet  Working Capital Requirement
-     Pre-payment of Loan
-     To meet Capital Expenditure
-     To meet General Corporate Purpose
-     To Meet the Issue Expenses

 

Company Financials:

 

Reliable Data Services' financial performance (in INR crore)
   

FY2013

FY2014

FY2015

FY2016

FY2017

Total Assets

 

1.53

13.72

14.81

15.81

17.98

Total revenue

  

13.6

14.8

19.0

19.0

20.5

Total expenses

  

11.9

13.0

17.0

17.5

18.9

Profit after tax

  

1.1

1.2

1.4

1.0

1.0

 

 

Issue Detail

  • Issue Open: Sep 27, 2017
  • Issue Close: Oct 03, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 57 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 14.82 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 27, 2017IST 0 1,342,000 480,000 - - 1,822,000
Day 1 - Sep 28, 2017IST 0 4,018,000 704,000 - - 4,722,000
Day 2 - Sep 29, 2017IST 0 4,274,000 1,244,000 - - 5,518,000
Day 3 - Oct 03, 2017IST 0 100,518,000 16,692,000 - - 117,210,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 57.00
Open - Rs 68.40
Low - Rs 68.40
High - Rs 68.40
Last Trade - Rs 68.40
Volume - 88,000

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