IPO Issue Details
Issue Price / Price Band₹70 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size21,00,000 shares (aggregating up to ₹14.70 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 21 Sep 2017
Subscription CloseMon, 25 Sep 2017
Anchor AllotmentWed, 20 Sep 2017
Basis of AllotmentSun, 01 Oct 2017
Initiation of RefundsMon, 02 Oct 2017
Credit of Shares to DematMon, 02 Oct 2017
Listing DateWed, 04 Oct 2017
UPI Mandate Deadline2017-09-25
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 2,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 4,000 shares
Net Offer to Public19,92,000 shares (aggregating up to ₹13.94 Cr)
Reserved for Market Maker1,08,000 shares (aggregating up to ₹0.7560 Cr)
Pre-IPO Promoter Holding54,02,500 shares
Post-IPO Promoter Holding75,02,500 shares
About Cadsys (India) Ltd
Incorporated in 1992, Cadsys (India) Ltd (CIL) is engaged in providing IT enabled services for geospatial, field engineering survey, software development and engineering design services in the domains like, telecom, CATV, oil & gas, electricity and other utilities.They are domain-focused GIS and engineering business technology service provider headquartered in Hyderabad, Telangana, India, with presence in the United States. They are also involved in designing next-generation fibre network s/systems i.e. FTTx, HFC and DAS for telecommunication companies across the globe. CIL’s clients include government departments and companies in telecom, power and other utility sectors.
Objects of the Issue
Cadsys (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Part Repayment / prepayment of the long term borrowing availed by the Company
11.00
2
General Corporate purposes
2.75
Shareholding & Lock-in
Pre-IPO Promoter Holding
54,02,500 shares
Post-IPO Promoter Holding
75,02,500 shares