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Atishay Infotech IPO is a fixed price issue of ₹3.71 crores. The issue is entirely a fresh issue of 0.23 crore shares of ₹3.71 crore.
Atishay Infotech IPO bidding started from Sep 25, 2014 and ended on Sep 29, 2014. The shares got listed on BSE SME on Oct 16, 2014.
Atishay Infotech IPO price is ₹16.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,56,000.
Hem Securities Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Securities Ltd..
Refer to Atishay Infotech IPO RHP for detailed Information.
| IPO Date | September 25, 2014 to September 29, 2014 |
| Listing Date | October 16, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹16 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 23,20,000 shares (aggregating up to ₹3.71 Cr) |
| Reserved for Market Maker | 1,20,000 shares Hem Securities Ltd. (aggregating up to ₹0.1920 Cr) |
| Net Offered to Public | 22,00,000 shares (aggregating up to ₹3.52 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 64,65,067 shares |
| Share Holding Post Issue | 87,85,067 shares |
Atishay Infotech IPO offers total 23,20,000 shares. Out of which 11,00,000 (47.41%) allocated to NII, 11,00,000 (47.41%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,20,000 (5.17%) |
| NII (HNI) Shares Offered | 11,00,000 (47.41%) |
| Retail Shares Offered | 11,00,000 (47.41%) |
| Total Shares Offered | 23,20,000 (100.00%) |
Atishay Infotech IPO opens on September 25, 2014, and closes on September 29, 2014.
| IPO Open Date | Thu, Sep 25, 2014 |
| IPO Close Date | Mon, Sep 29, 2014 |
| Tentative Listing Date | Thu, Oct 16, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 29, 2014 |
Investors can bid for a minimum of 8,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,28,000 |
| Retail (Max) | 1 | 8,000 | ₹1,28,000 |
| HNI (Min) | 2 | 16,000 | ₹2,56,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in year 2000; Atishay Infotech Limited is Bhopal, MP based Information Technology (IT) company. Atishay Infotech offers wide range of IT services including Large Scale Data Entry and Scanning Solutions, Digitization Services, Document Conversion, Data Base Management to its clients who are mainly PSU and Government Entities.
Atishay providing services in the states of Maharashtra, Rajasthan, Uttar Pradesh, Bihar & Madhya Pradesh.
Atishay Infotech's restated Total Income in FY 2012-13 was Rs.12.71 Cr and Rs.15.60 Cr in FY 2013-14. Company's Profit after Tax increased from Rs.1.48 Cr in FY 2012-13 to Rs. 2.30 Cr in FY 2013-14.
The Company Atishay Infotech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 3.34 |
| 2 | Public Issue Expenses |
[Dilip Davda] <p><span style="text-decoration: underline;"><strong>Risk aver investors can consider for long term as marketing of SME IPO has entry barriers on entry and trading platform, low preference from broking community and irregular trades.</strong> </span></p> <p>(Disclaimer: Author has no plans to invest in this IPO)</p> Read detail review...
| Listing Date | October 16, 2014 |
| BSE Script Code | 538713 |
| NSE Symbol | |
| ISIN | INE011R01013 |
| Final Issue Price | ₹16 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹16.00 |
| Open | ₹17.75 |
| Low | ₹17.00 |
| High | ₹18.45 |
| Last Trade | ₹18.45 |
Atishay Infotech Ltd.
Plot No. 36,
Zone - I,
Maharana Pratap Nagar,
Bhopal, Madhya Pradesh, 462011
Phone: +91 755 2558 283
Email: compliance@atishay.com
Website: http://www.atishay.com/
Sharex Dynamic (India) Pvt.Ltd.
Phone: +91- 22 - 2851 5606
Email: info@sharexindia.com
Website:
Atishay Infotech IPO is a SME IPO of 23,20,000 equity shares of the face value of ₹10 aggregating up to ₹3.71 Crores. The issue is priced at ₹16 per share. The minimum order quantity is 8000.
The IPO opens on September 25, 2014, and closes on September 29, 2014.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Atishay Infotech IPO using UPI as a payment gateway. Zerodha customers can apply in Atishay Infotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Atishay Infotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Atishay Infotech IPO opens on September 25, 2014 and closes on September 29, 2014.
Atishay Infotech IPO lot size is 8000, and the minimum amount required for application is ₹1,28,000.
You can apply in Atishay Infotech 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 Atishay Infotech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Atishay Infotech IPO allotment status.
The Atishay Infotech IPO listing date is on Thursday, October 16, 2014.
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