Fixed Price IPO | ₹15 Cr | Listed at NSE SME | Thu, Sep 21, 2017 - Mon, Sep 25, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 21, 2017
IPO Close
Mon, Sep 25, 2017
Issue Price
₹70 per share
Market Cap (Pre-IPO)
₹52.52 Cr
| IPO Date | 21 to 25 Sep, 2017 |
| Listed on | Wed, Oct 4, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹70 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,00,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 1,08,000 shares New Berry Capitals Pvt.Ltd. (agg. up to ₹0.7560 Cr) |
| Fresh Issue (Ex Market Maker) | 19,92,000 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 19,92,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 54,02,500 shares |
| Share Holding Post Issue | 75,02,500 shares |
| NSE Symbol | CADSYS |
| ISIN | INE090Y01013 |
Cadsys IPO comprises a total issue size of 21,00,000 shares. The net offer to the public is 19,92,000 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 9,96,000 (50.00%) allocated to NII 9,96,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,96,000 | 50.00% | 47.43% |
| Retail Shares Offered | 9,96,000 | 50.00% | 47.43% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,08,000 | 5.14% | |
| Total Shares Offered | 21,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part Repayment / prepayment of the long term borrowing availed by the Company | 11.00 |
| 2 | General Corporate purposes | 2.75 |
The Cadsys India IPO is subscribed [.] times on September 25, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fees, printing and distribution expenses and payment to other intermediaries such as registrars, market makers, bankers etc | 0.42 |
| 2 | Regulatory fees & Other expenses | 0.10 |
| 3 | Marketing and other expenses | 0.43 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹70.00 |
| Open | ₹84.00 |
| Low | ₹72.10 |
| High | ₹84.00 |
| Last Trade | ₹84.00 |
Lead Manager Reports
Cadsys IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Sep 21, 2017, and closes on Mon, Sep 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 Thu, Sep 21, 2017 and closes on Mon, Sep 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 Wed, Oct 4, 2017.
