Ksolves India Ltd IPO (ksolves India IPO) Detail

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Ksolves India Ltd IPO (ksolves India IPO) Detail

 

Ksolves India Ltd

ABOUT THE COMPANY:

Established in 2014,Ksolves India Ltd is an ISO certified software services and product company offering solutions that enables client organizations to rapidly develop powerful applications addressing their strategic business needs.

Ksolves India Ltd is engaged in providing enterprise solutions, software development, consulting, and Information Technology solutions for clients. The company works for different sectors such as Healthcare, Telecom, E-commerce, Real Estate, and Finance.

The applications created by Ksolves India Ltd  enable organizations to drive digital transformation and competitive differentiation. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed.

Company’s revenue is predominantly generated from exports sales and we are providing our Information Technologies services along with our subsidiary company to clients over 30 countries and over 80% of sales comes from North American Clients.

Ksolves India Ltd has acquired 100% stake in Kartik Solutions Private Limited in the year 2019 which become wholly owned Subsidiary company of the Company. Subsidiary Company is engaged in providing IT and IT Enabled Services which include mobile application development, web solutions, E-commerce solutions and cloud
solutions.

Promoters of Ksolves India Ltd :

(1)Mr. Ratan Kumar Srivastava (Designation: Chairman and Managing Director)

Ratan Srivastava
(2)Mrs. Deepali Verma (Designation: Whole Time Director & Chief Financial Officer)
Ratan Srivastava

Company Financials:

Amount (in INR & Lakhs)
31-Mar-20 Mar-19 31-Mar-18
Total Assets 166.19 69.08 53.09
Total Revenue 814.51 542.62 340.85
Total Expense 724.73 521.14 331.14
Profit After Tax 67.19 15.83 5.50

 

Ksolves India Ltd IPO Issue Object:

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

Ksolves India Ltd IPO Offer Details:

Details Info
Issue Opens on 23rd June 2020
Issue Closes on:. 26th June 2020
Issue Price Rs.100
Face Value Rs.10
Minimum Lot 1200 Shares
Minimum Investment Rs.1,20,000
Issue Constitutes 27.12%
Issue Size Rs.4.02 cr
Market Cap Rs.14.82 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 4,02,000
Equity Shares Prior to the Issue 10,80,000
Equity Shares after the Issue

 

Ksolves India Ltd IPO Share Offering:

Issue: The Fresh Issue of 4,02,000 Equity Shares by their Company of Rs.10 each at a price of Rs.100.00 per equity share aggregating to Rs.402.00 lakh,

Net Offer: The Net Offer of up to 3,81,600 Equity Shares of Rs.10 each at price of Rs.100.00 per Equity Shares aggregating to Rs.381.60 lakhs.

Company Contact Information

Ksolves India Ltd
H. No. B-8/1, Ground Floor,
Saidulajab, South Delhi,
Delhi – 110030, IndiaPhone: +91-0120-4163248
Email: cs@ksolves.com
Website: https://www.ksolves.com/

ksolves India IPO Registrar:

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

ksolves India IPO Lead Manager(s):

SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor, Sea Lord CHS,
Plot No. 1/B, 1/A, Survey No. A-12,
Ram Nagar, Borivali (West), Mumb

Website:  http://shreni.in/
Email:  shrenishares@gmail.com
Phone: +91 22 2808456

Ksolves India Ltd  IPO Review by Top Stock Brokers:

Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10

 

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