Bookbuilding IPO | ₹113 Cr | Listing at BSE, NSE | Mon, Apr 12, 2004 - Mon, Apr 19, 2004 P
DATAMATICS TECHNOLOGIES IPO is a book build issue of ₹113.30 crores. The issue is a combination of fresh issue of 0.85 crore shares aggregating to ₹93.50 crores and offer for sale of 0.18 crore shares aggregating to ₹19.80 crores.
DATAMATICS TECHNOLOGIES IPO bidding started from Apr 12, 2004 and ended on Apr 19, 2004.
DATAMATICS TECHNOLOGIES IPO is set final issue price at ₹110 per share.
Axial Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Mon, Apr 12, 2004
IPO Close
Mon, Apr 19, 2004
Issue Price
₹110 per share
Market Cap (Pre-IPO)
₹446.30 Cr
| IPO Date | 12 to 19 Apr, 2004 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | ₹101 to ₹110 |
| Issue Price | ₹110 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,03,00,000 shares (agg. up to ₹113 Cr) |
| Fresh Issue | 85,00,000 shares (agg. up to ₹94 Cr) |
| Offer for Sale | 18,00,000 shares of ₹5 (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 3,20,73,137 shares |
| Share Holding Post Issue | 4,05,73,137 shares |
DATAMATICS TECHNOLOGIES IPO comprises a total issue size of 1,03,00,000 shares. The net offer to the public is 1,01,50,000 shares, after excluding 1,50,000 shares under a preferential allotment. Of the Net offer 50,75,000 (50.00%) are allocated to QIB, 25,37,500 (25.00%) allocated to NII 25,37,500 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 50,75,000 | 50.00% | 49.27% |
| NII (HNI) Shares Offered | 25,37,500 | 25.00% | 24.64% |
| Retail Shares Offered | 25,37,500 | 25.00% | 24.64% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,50,000 | 1.46% | |
| Total Shares Offered | 1,03,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1987, the company is part of the Datamatics Group and operates in the ITES and BPO sector. It provides transaction and content processing services, including content management, back-office processing, workflow solutions, finance & accounting, tax processing, claims processing, and HR services.
The company uses advanced workflow automation and proprietary technologies like TJAM to improve efficiency and productivity. It serves accounting firms, corporates, financial institutions, and global clients across industries.
The company has strengthened its expertise through acquisitions such as Saztec International Inc. and CorPay Solutions Inc. As per the prospectus, it had around 900 employees, including nearly 600 employees in India.
Competitive Strengths
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Assets | 81.49 | 65.09 | 58.36 | 52.55 |
| Total Income | 72.73 | 60.43 | 42.91 | 29.75 |
| Profit After Tax | 21.26 | 15.53 | 12.01 | 8.33 |
| NET Worth | 65.21 | 57.19 | 44.92 | 41.56 |
| Reserves and Surplus | 49.18 | 41.84 | 29.58 | 23.21 |
| Total Borrowing | 14.41 | 6.12 | 13.39 | 10.94 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Datamatics Technologies Inc. (USA) | 0.90 |
| 2 | Datamatics Technologies GmbH (Germany) | 0.90 |
| 3 | Datamatics Technologies UK Limited (UK) | 0.90 |
| 4 | Saztec International Inc | 6.80 |
| 5 | CorPay Solutions Inc. | 4.60 |
| 6 | Knowledgeworks Global Limited | 0.50 |
| 7 | Repayment of working capital | 6.90 |
| 8 | Repayment of term loan | 3.00 |
| 9 | Capital Expenditure - Hardware, Software & Equipments | 3.80 |
| 10 | Capital Expenditure – Expansion of Chennai Facility | 0.90 |
| 11 | Corporate Purposes including strategic initiatives and Acquisitions | 56.80 |
| 12 | Issue Expenses | 7.50 |
| Total | 93.50 |
| KPI | Dec 31, 2003 | Mar 31, 2003 |
|---|---|---|
| RoNW | 20.83% | 24.88% |
| Price to Book Value | 1.73 | 2.60 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.84 | 6.99 |
| P/E (x) | 22.71 | 15.74 |
| Promoter Holding | 92.83% | 68.95% |
| Market Cap | ₹446.30 Cr. |
The DATAMATICS TECHNOLOGIES IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 26.41 | 1,03,00,000 | 27,20,53,850 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Marketing costs (advertising expenses, road shows) | 1.50 |
| 2 | Printing, Registrar costs, stamp duty, listing, depository costs and other expenses | 2.00 |
| 3 | Fees payable to the BRLM, Co-BRLM, legal counsel, Auditors | 4.00 |
| Total | 7.50 |
Lead Manager Reports
DATAMATICS TECHNOLOGIES IPO is a main-board IPO of 1,03,00,000 equity shares of the face value of ₹5 aggregating up to ₹113 Crores. The issue is priced at ₹110 per share. The minimum order quantity is .
The IPO opens on Mon, Apr 12, 2004, and closes on Mon, Apr 19, 2004.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in DATAMATICS TECHNOLOGIES IPO using UPI as a payment gateway. Zerodha customers can apply in DATAMATICS TECHNOLOGIES IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DATAMATICS TECHNOLOGIES IPO through Zerodha
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The DATAMATICS TECHNOLOGIES IPO opens on Mon, Apr 12, 2004 and closes on Mon, Apr 19, 2004.
DATAMATICS TECHNOLOGIES IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in DATAMATICS TECHNOLOGIES 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 DATAMATICS TECHNOLOGIES IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the DATAMATICS TECHNOLOGIES IPO allotment status.
The DATAMATICS TECHNOLOGIES IPO listing date is not yet announced. The tentative date of listing is .
