Ksolves India IPO Details
Ksolves India IPO description – Ksolves India is an ISO certified software services and product company offering solutions that enables client organizations to rapidly develop powerful applications addressing their strategic business needs. The applications created by the company enable organizations to drive digital transformation and competitive differentiation. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. The company is engaged in software development, enterprise solutions and consulting, providing a range of Information Technology (IT) solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc. The company was founded in the year 2014 by Mr. Ratan Kumar Srivastava and Mrs. Deepali Verma.
Promoters of Ksolves India – Mr Ratan Kumar Srivastava and Mrs Deepali Verma
| Ksolves India IPO details | |
| Subscription Dates | 23 – 26 June 2020 |
| Price Band | INR100 per share |
| Fresh issue | 402,000 shares (INR4.02 crore) |
| Offer For Sale | Nil |
| Total IPO size | 402,000 shares (INR4.02 crore) |
| Minimum bid (lot size) | 1,200 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Ksolves India’s financial performance (in INR lakh) | ||||
| FY2018 | FY2019 | FY2020 | ||
| Revenue | 340.9 | 542.6 | 814.5 | |
| Expenses | 331.1 | 521.1 | 724.7 | |
| Net income | 5.5 | 15.8 | 67.2 | |
Registrar of Ksolves India IPO
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road Marol, Andheri (East), Mumbai – 400059 Phone: +91 22 6263 8200 Email: [email protected] Website: www.bigshareonline.com
Valuation of Ksolves India IPO (FY2020)
Earnings Per Share (EPS): INR13.64 Price/Earnings (PE ratio): 7.33 Return on Net Worth (RONW): 77.62% Net Asset Value (NAV): INR437.95 per share
Ksolves India IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.40 |
| Day 2 | 0.90 |
| Day 3 | 1.20 |
| Day 4 | 1.35 |
Ksolves India Contact Details
Ksolves India Limited
B-4 Third Floor,
Sector 63, Noida -201301,
Uttar Pradesh, India
Phone: 91 0120-4163248
Email: [email protected]
Website: www.ksolves.com
Ksolves India IPO Allotment Status
Ksolves India’s IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing Performance of Ksolves India
IPO Opening Date: 23 June 2020
IPO Closing Date: 26 June 2020
Listing Date: 6 July 2020
Opening Price on NSE SME: INR101.95 per share (up 1.95% from IPO price)
Closing Price on NSE SME: INR106.90 per share (up 6.9% from IPO price)