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Xelpmoc Design and Tech Limited is the provider of end-to-end technology solutions across Technology, Data Science and Design. The company occasionally provides operation support assistance to its clients. As on 30th June 2018, it has 65 full-time employees and over 23 clients base across four states in India.
Date of Incorporation: The Company was incorporated as ‘Xelpmoc Design and Tech Private Limited’ on 16th September 2015 at Bengaluru, Karnataka, India. Subsequently, it was transformed into a public limited company reframed to ‘Xelpmoc Design and Tech Limited’ on 2nd July 2018.
Promoters of Xelpmoc Design and Tech Limited: Mr Sandipan Chattopadhyay, Mr Srinivas Koora and Mr Jaison Jose are the promoters of Xelpmoc Design and Tech Limited.
Products and Services: It offers the products and services across two vertices:
- Technology Services: Progressive Web App Development, Mobile App Development, Prototype Development, and Query Optimization among others.
- Technology Solutions/Products: Data Science Capabilities.
Customer Segments: Xelpmoc Design and Tech Limited have diversified customer segments across Enterprises, Governments and Start-Ups sectors.
Some of it Clientele includes Tata CLiQ, NSDC, Mihup, Snaphunt and Woovly among others.
Objects of Xelpmoc Design and Tech Limited IPO: The core objectives of this issue include
- Acquisition of IT hardware and network gadgets for its Kolkata and Hyderabad development centres.
- Buying of fit-outs for its new centres in Kolkata and Hyderabad.
- Meeting Working Capital requirements for the Company.
- General Corporate Expenses.
Company Financials:
Summary of Financial Information (Restated) | ||
Particulars | For the year/period ended (in Rs. Thousands) | |
31-Mar-18 | 31-Mar-17 | |
Total Assets | 246,042.65 | 187,207.82 |
Total Revenue | 49,310.38 | 19,235.47 |
Profit After Tax | -35,032.34 | -28,559.32 |
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