Xelpmoc Design and Tech Limited IPO

Add to Calendar 2019-01-23 12:00 AM 2019-01-25 12:00 AM Asia/Kolkata Xelpmoc Design and Tech Limited IPO Xelpmoc Design and Tech Limited India

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

Issue Detail

  • Issue Open: Jan 23, 2019
  • Issue Close: Jan 25, 2019
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 62 - Rs 66 Per Equity Share
  • Bid Lot:200 Shares
  • Minimum Order Quantity:200 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 23.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Jan 23, 2019IST 0.73x 0.04x 0.25x - - 0.45x
Day 1 - Jan 24, 2019IST 1.22x 1.66x 0.79x - - 1.26x
Day 2 - Jan 25, 2019IST 1.24x 7.69x 2.64x - - 3.25x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 66.00
Open - Rs 57.00
Low - Rs 55.15
High - Rs 59.85
Last Trade - Rs 59.85
Volume - 12,033

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