Issue Price
₹30
Per Share
GMP
NIL
Grey Market
Est. Listing
₹30
Expected Price
Min. Application
₹240,000
2 lots × 4000 shares
Incorporated in 2011, Mindpool Technologies Limited is a Pune based company engaged in the business of providing Oracle Consultancy Services, IT staffing and solutions, and Corporate Training Services. The company offers these services across industries including automotive and engineering, banking and financial services, healthcare, retail, telecom, and Entertainment in India and US.As of March 31, 2018, the company has served 22 clients. Some of the key clients of the company include Clairvoyant India Private Limited, Herbalife International India Private Ltd, HTC Global Services (India) Private Ltd, Inspirage Software Consulting Private Limited, and Opalforce INC etcThe company has 103 employees on its payroll.The total revenue of the Company stood at Rs.1081.35 lakhs, Rs.2043.36 lakh, Rs.2537.77 lakhs and Rs.2078.07 lakh, for the period ended September 30, 2018, and fiscal years 2018, 2017 and 2016 respectively.The Profit After Tax (PAT) stood at Rs. 146.20 lakhs, Rs. 163.22 lakh, Rs 129.25 lakh and Rs. (33.42) lakhs for the period ended September 30, 2018, and fiscal years 2018, 2017 and 2016 respectively.Competitive Strengths of the Company-1. A diverse range of services2. Presence in the USA through a subsidiary company3. Recurring business from established clients
Mindpool Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 64,000 | — | ₹0.19 Cr | — |
| TOTAL | 1,200,000 | 100.00% | ₹3.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| sNII (Min) | 14 | 56,000 | ₹1,680,000 |
| bNII (Min) | 68 | 272,000 | ₹8,160,000 |
| Particulars | 30-Sep-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue from Operations | 1081.35 | 2043.36 | 2537.77 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 146.19 | 163.22 | 129.25 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1556.36 | 1393.26 | 1679.83 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |