ADCC Infocad IPO Details

Fixed Price IPO | ₹10 Cr | Listed at BSE SME | Tue, Sep 30, 2014 - Wed, Oct 8, 2014

ADCC Infocad IPO Logo

ADCC Infocad IPO is a fixed issue price of ₹9.60 crores. The issue is entirely a fresh issue of 0.24 crore shares of ₹9.60 crore.

ADCC Infocad IPO bidding started from Sep 30, 2014 and ended on Oct 8, 2014. The shares got listed on the BSE SME on Oct 22, 2014.

ADCC Infocad IPO is set final issue price at ₹40 per share. The lot size for an application is 3,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.

Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Securities Ltd..

Refer to ADCC Infocad IPO RHP for detailed Information.

IPO Open

Tue, Sep 30, 2014

IPO Close

Wed, Oct 8, 2014

Issue Price

₹40 per share

Market Cap (Pre-IPO)

₹36.24 Cr

IPO Details

IPO Date30 Sep to 8 Oct, 2014
Listed onWed, Oct 22, 2014
Face Value10 per share
Issue Price₹40 per share
Lot Size3,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size24,00,000 shares
(agg. up to ₹10 Cr)
Reserved for Market Maker
1,20,000 shares
(agg. up to ₹0.4800 Cr)
Hem Securities Ltd.
Fresh Issue
(Ex Market Maker)
22,80,000 shares
(agg. up to ₹9 Cr)
Net Offered to Public22,80,000 shares
(agg. up to ₹9 Cr)
Share Holding Pre Issue66,60,000 shares
Share Holding Post Issue90,60,000 shares
BSE Script Code 538734 CEINSYS
ISININE016Q01014

IPO Timetable

Issue Reservation

ADCC Infocad IPO comprises a total issue size of 24,00,000 shares. The net offer to the public is 22,80,000 shares, after excluding 1,20,000 shares allotted on a firm basis. Of the Net offer 11,40,000 (50.00%) allocated to NII 11,40,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 11,40,00050.00%47.50%
Retail Shares Offered 11,40,00050.00%47.50%
Firm Reservations
Market Maker Shares Offered 1,20,0005.00%
Total Shares Offered 24,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,20,000
Retail (Max) 1 3,000 ₹1,20,000
HNI (Min) 2 6,000 ₹2,40,000
IPO Subscription Details

About ADCC Infocad Ltd.

ADCC Infocad (ADCC) is a Meghe Group, ISO 9001:2008 certified and CRISIL rated company. Meghe Group is engaged in the fields of Basic and Professional Education, Banking, Infrastructure, Information Technology, Textile, Power, Media & Entertainment and is head quartered in Nagpur, State of Maharashtra, India. ADCC to cater to the GIS industry and has emerged as global Premier Software Solution provider through its Alliance with World Leaders like Autodesk Inc. USA world‘s one of the biggest Design Content Company, Mathworks (Matlab), Dassault (Catia), Adobe, Digital Globe India & Africa (High Resolution Satellite Imageries), Integraph (Erdas Imaging & LPS Software and extensions) Siemens, Sanako (Language Lab), National Instruments (Experiential Engineering Laboratories), ESRI (GIS mapping Solution, Software , Services).

ADCC Infocad is a specialist in GIS & Engineering services solutions Company servicing clients across a range of corporate and government segments helping improve their engineering efficiency, support global footprint and improve competitiveness. Leveraging technology, domain knowledge & our robust work planning methodology to ensure an effective delivery model for all our services projects, we have emerged as a Partner-of-choice for leading Indian companies and Government. It has main base at Nagpur and branch offices across India at Mumbai, Pune, Hyderabad, Ahmedabad, Lucknow, Company has marked its global market presence through its overseas subsidiary offices in Africa- Nairobi (Kenya), the Company boasts the state-of-art infrastructure at Nagpur with ultra modern IT Systems for Data Security and Integrity.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Technical Equipment 0.56
2 Software 0.42
3 Hardware 0.18
4 Part finance the long-term Working Capital requirement 7.00
5 International Marketing & Branding Expenses 0.49
6 General Corporate Purposes 0.78
7 To meet the Issue Expense 0.50
Total 9.93

Key Performance Indicator (KPI)

KPI
RoNW32.16%
Pre IPOPost IPO
Promoter Holding60.79%44.68%
Market Cap36.24 Cr.

IPO Review

[Dilip Davda]
Risk aver investors can park funds for long term keeping in mind the trading lot barriers on application and trading post listing. (Disclaimer: Author has no plans to invest in this IPO)
Read detail review...

ADCC Infocad IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1000
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses 0.40
2 Printing and Stationery and postage expenses 0.03
3 Advertising and Marketing expenses 0.02
4 Regulatory fees and expenses 0.06

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price40.00
Open43.50
Low43.50
High45.65
Last Trade45.65

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IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

ADCC Infocad Ltd. Address
10/5,
I.T. Park,
Nagpur, Maharashtra, 440022
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IPO FAQs

ADCC Infocad IPO is a SME IPO of 24,00,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.

The IPO opens on Tue, Sep 30, 2014, and closes on Wed, Oct 8, 2014.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in ADCC Infocad IPO using UPI as a payment gateway. Zerodha customers can apply in ADCC Infocad IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in ADCC Infocad IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'ADCC Infocad IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The ADCC Infocad IPO opens on Tue, Sep 30, 2014 and closes on Wed, Oct 8, 2014.

ADCC Infocad IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.

You can apply in ADCC Infocad IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for ADCC Infocad IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the ADCC Infocad IPO allotment status.

The ADCC Infocad IPO listing date is on Wed, Oct 22, 2014.

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