IPO Issue Details
Issue Price / Price Band₹74 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size2,70,400 shares (aggregating up to ₹2.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 02 Mar 2021
Subscription CloseThu, 04 Mar 2021
Anchor AllotmentMon, 01 Mar 2021
Basis of AllotmentTue, 09 Mar 2021
Initiation of RefundsWed, 10 Mar 2021
Credit of Shares to DematFri, 12 Mar 2021
Listing DateMon, 15 Mar 2021
UPI Mandate Deadline2021-03-04
Application & Investment Details
Retail — Min (1 Lots)₹1,18,400 — 1,600 shares
Retail — Max (13 Lots)₹1,539,200 (13 Lots)
HNI — Min (2 Lots)₹2,36,800 — 3,200 shares
Net Offer to Public2,56,000 shares (aggregating up to ₹1.89 Cr)
Reserved for Market Maker14,400 shares (aggregating up to ₹0.1066 Cr)
Pre-IPO Promoter Holding6,10,000 shares
Post-IPO Promoter Holding8,80,400 shares
About ADJIA Technologies Ltd.
ADJIA Technologies Limited offers augmented reality and virtual reality related to customers electronically. It further offers software consultancy-related services to clients.The company provides VR AR 360 based products and services to customers across industries i.e. manufacturing, reality, marketing, e-commerce, education, real estate, hospitality, etc.Competitive StrengthsHigh quality service standards.Technological advancement and product innovation.Experienced management.Strong customer relationship.
Objects of the Issue
ADJIA Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding purchases of equipment
1.01
2
2 Marketing initiatives
0.28
3
3 General Corporate Purposes
0.30
Shareholding & Lock-in
Pre-IPO Promoter Holding
6,10,000 shares
Post-IPO Promoter Holding
8,80,400 shares