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Cadsys IPO is a fixed price issue of ₹14.70 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹14.70 crore.
Cadsys IPO bidding started from Sep 21, 2017 and ended on Sep 25, 2017. The shares got listed on NSE SME on Oct 4, 2017.
Cadsys IPO price is ₹70.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,80,000.
Saffron Capital Advisors Pvt.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 New Berry Capitals Pvt.Ltd..
Refer to Cadsys IPO RHP for detailed Information.
| IPO Date | September 21, 2017 to September 25, 2017 |
| Listing Date | October 4, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹70 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,00,000 shares (aggregating up to ₹14.70 Cr) |
| Reserved for Market Maker | 1,08,000 shares New Berry Capitals Pvt.Ltd. (aggregating up to ₹0.7560 Cr) |
| Net Offered to Public | 19,92,000 shares (aggregating up to ₹13.94 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 54,02,500 shares |
| Share Holding Post Issue | 75,02,500 shares |
Cadsys India IPO offers total 21,00,000 shares. Out of which 9,96,000 (47.43%) allocated to NII, 9,96,000 (47.43%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,08,000 (5.14%) |
| NII (HNI) Shares Offered | 9,96,000 (47.43%) |
| Retail Shares Offered | 9,96,000 (47.43%) |
| Total Shares Offered | 21,00,000 (100.00%) |
Cadsys IPO opens on September 21, 2017, and closes on September 25, 2017.
| IPO Open Date | Thu, Sep 21, 2017 |
| IPO Close Date | Mon, Sep 25, 2017 |
| Tentative Listing Date | Wed, Oct 4, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 25, 2017 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,40,000 |
| Retail (Max) | 1 | 2,000 | ₹1,40,000 |
| HNI (Min) | 2 | 4,000 | ₹2,80,000 |
Incorporated in 1992, Cadsys (India) Ltd (CIL) is engaged in providing IT enabled services for geospatial, field engineering survey, software development and engineering design services in the domains like, telecom, CATV, oil & gas, electricity and other utilities.
They are domain-focused GIS and engineering business technology service provider headquartered in Hyderabad, Telangana, India, with presence in the United States. They are also involved in designing next-generation fibre network s/systems i.e. FTTx, HFC and DAS for telecommunication companies across the globe. CIL’s clients include government departments and companies in telecom, power and other utility sectors.
The Company Cadsys 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 | Part Repayment / prepayment of the long term borrowing availed by the Company | 11.00 |
| 2 | General Corporate purposes | 2.75 |
[Dilip Davda] Considering reasonably priced issue, Investment for short to long term may be considered. Read detail review...
| Listing Date | October 4, 2017 |
| BSE Script Code | |
| NSE Symbol | CADSYS |
| ISIN | INE090Y01013 |
| Final Issue Price | ₹70 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹70.00 |
| Open | ₹84.00 |
| Low | ₹72.10 |
| High | ₹84.00 |
| Last Trade | ₹84.00 |
Cadsys (India) Ltd.
3- 5-900/1,
IVth Floor,
Aparajitha Arcade Himayathnagar,
Hyderabad, Telangana, 500029
Phone: +91 40 23224110
Email: cs@cadsystech.com
Website: http://www.cadsystech.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Cadsys IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹14.70 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000.
The IPO opens on September 21, 2017, and closes on September 25, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Cadsys IPO using UPI as a payment gateway. Zerodha customers can apply in Cadsys IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cadsys IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cadsys IPO opens on September 21, 2017 and closes on September 25, 2017.
Cadsys IPO lot size is 2000, and the minimum amount required for application is ₹1,40,000.
You can apply in Cadsys 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 Cadsys IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Cadsys IPO allotment status.
The Cadsys IPO listing date is on Wednesday, October 4, 2017.
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