IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size35,84,000 shares (aggregating up to ₹5.38 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 16 Aug 2012
Subscription CloseTue, 21 Aug 2012
Anchor AllotmentWed, 15 Aug 2012
Basis of AllotmentMon, 27 Aug 2012
Initiation of RefundsTue, 28 Aug 2012
Credit of Shares to DematTue, 28 Aug 2012
Listing DateTue, 04 Sep 2012
UPI Mandate Deadline2012-08-21
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 8,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 16,000 shares
Net Offer to Public30,80,000 shares (aggregating up to ₹4.62 Cr)
Reserved for Market Maker5,04,000 shares (aggregating up to ₹0.7560 Cr)
Pre-IPO Promoter Holding64,31,300 shares
Post-IPO Promoter Holding1,00,00,000 shares
About Jointeca Education Solutions Ltd.
Incorporated in 2001, Jointeca Education Solutions Ltd is an ISO 9001:2008 certified company and provides a range of IT solutions for business in areas of Enterprise Application Solutions and Integrated IT Solutions. Jointeca Education Solutions Ltd's products as GuruSeva in education, Restro in restaurant and Prosav in investment field are designed according to the global market. Jointeca offers educational ERP solutions through its product GuruSeva and its business is concentrated mainly in the Northern Region of India.JOINTECA Education Solutions Ltd has delivered successful Enterprises Application Solutions to high profile organizations in India and overseas. It includes CRM solutions and e-Commerce portals.A comprehensive set of ERP Solutions in the field of publications, manufacturing and school management is the flagship product of the company to cater enterprises with large and medium business volumes. Jointeca Education Solutions Ltd seamlessly integrates all functions and processes of an enterprise to provide end-to-end integration and operate effectively.
Objects of the Issue
Jointeca Education Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To expand our product Guruseva (Educational ERP Solution) under BOOT Model through Cloud Computing solutions, to establish and expand infrastructure for B2B Educational Portal www.shiklo.in, to meet the promotion and branding expenses for setting up robust sales network for our products
6.16
2
2 Public Issue Expenses
0.70
Shareholding & Lock-in
Pre-IPO Promoter Holding
64,31,300 shares
Post-IPO Promoter Holding
1,00,00,000 shares