IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size62,58,000 shares (aggregating up to ₹15.65 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 10 Jun 2013
Subscription CloseWed, 12 Jun 2013
Anchor AllotmentSun, 09 Jun 2013
Basis of AllotmentTue, 18 Jun 2013
Initiation of RefundsWed, 19 Jun 2013
Credit of Shares to DematWed, 19 Jun 2013
Listing DateWed, 26 Jun 2013
UPI Mandate Deadline2013-06-12
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
Net Offer to Public59,34,000 shares (aggregating up to ₹14.84 Cr)
Reserved for Market Maker3,24,000 shares (aggregating up to ₹0.8100 Cr)
Pre-IPO Promoter Holding1,54,33,000 shares
Post-IPO Promoter Holding2,16,73,000 shares
About Edynamics Solutions Ltd.
Incorporated in 2000, Edynamics Solutions Ltd is in the business of operations of online trading and retailing of range of products including groceries, fabrics,clothing, furnishings, electronics and computers and its accessories. Company also have web portal www.edynamicssolutions.com.Edynamics Solutions is mainly engaged in supply and online booking of computer peripherals, fabrics items, electronic items and agro items. Company buy products in bulk and supply the same to retail. Company's customer base includes online end users, trader and retailers. They also reach to their customers by appointing salespersons on commission basis.
Objects of the Issue
Edynamics Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To augment working capital in the form of advances for long term supplies of products and inputs sought in our operations
7.00
2
2 Setting up new franchise / Retail Store Modules
3.90
4
4 General Corporate purposes
2.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,54,33,000 shares
Post-IPO Promoter Holding
2,16,73,000 shares