IPO Issue Details
Issue Price / Price Band₹66 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size200 Shares per Lot
Total Issue Size35,01,442 shares (aggregating up to ₹23.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 23 Jan 2019
Subscription CloseFri, 25 Jan 2019
Anchor AllotmentTue, 22 Jan 2019
Basis of AllotmentWed, 30 Jan 2019
Initiation of RefundsThu, 31 Jan 2019
Credit of Shares to DematFri, 01 Feb 2019
Listing DateMon, 04 Feb 2019
UPI Mandate Deadline2019-01-25
Application & Investment Details
Retail — Min (1 Lots)₹13,200 — 200 shares
Retail — Max (13 Lots)₹171,600 (13 Lots)
HNI — Min (16 Lots)₹2,11,200 — 3,200 shares
Pre-IPO Promoter Holding1,02,03,856 shares
Post-IPO Promoter Holding1,37,05,298 shares
About Xelpmoc Design & Tech Ltd.
Incorporated in 2015, Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support.The company caters entrepreneurs, start-ups and established companies in public and private sector. It provides a wide range of services, including, mobile and web application development, prototype development, thematic product development, data science and analytics assistance.As of June 30, 2018, the company has served over 23 clients in India. The company intends to leverage its existing business model to enter newer geographies such as the Middle East and North Africa (MENA), United States, United Kingdom, Asia Pacific and Australia.
Objects of the Issue
Xelpmoc Design & Tech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase of IT hardware and network equipment’s for development centers in Kolkata and Hyderabad
5.49
2
2 Purchase of fit outs for new development centers in Kolkata and Hyderabad
4.09
3
3 Funding working capital requirements of the Company
6.00
4
4 General corporate purposes
4.07
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,02,03,856 shares
Post-IPO Promoter Holding
1,37,05,298 shares
Lock-in Period (30%)March 1, 2019
Lock-in Period (50%)April 30, 2019