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Edynamics Solutions IPO is a fixed price issue of ₹15.65 crores. The issue is entirely a fresh issue of 0.63 crore shares of ₹15.65 crore.
Edynamics Solutions IPO bidding started from Jun 10, 2013 and ended on Jun 12, 2013. The shares got listed on BSE SME on Jun 26, 2013.
Edynamics Solutions IPO price is ₹25.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Anuriti Multy Broking Pvt.Ltd..
Refer to Edynamics Solutions IPO RHP for detailed Information.
| IPO Date | June 10, 2013 to June 12, 2013 |
| Listing Date | June 26, 2013 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 62,58,000 shares (aggregating up to ₹15.65 Cr) |
| Reserved for Market Maker | 3,24,000 shares Anuriti Multy Broking Pvt.Ltd. (aggregating up to ₹0.8100 Cr) |
| Net Offered to Public | 59,34,000 shares (aggregating up to ₹14.84 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,54,33,000 shares |
| Share Holding Post Issue | 2,16,73,000 shares |
Edynamics Solutions IPO offers total 62,40,000 shares. Out of which 29,58,000 (47.40%) allocated to NII, 29,58,000 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,24,000 (5.19%) |
| NII (HNI) Shares Offered | 29,58,000 (47.40%) |
| Retail Shares Offered | 29,58,000 (47.40%) |
| Total Shares Offered | 62,40,000 (100.00%) |
Edynamics Solutions IPO opens on June 10, 2013, and closes on June 12, 2013.
| IPO Open Date | Mon, Jun 10, 2013 |
| IPO Close Date | Wed, Jun 12, 2013 |
| Tentative Listing Date | Wed, Jun 26, 2013 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jun 12, 2013 |
Investors can bid for a minimum of 6,000 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 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, Edynamics Solutions Ltd is in the business of operations of online trading and retailing of range of products including groceries, fabrics,
clothing, furnishings, electronics and computers and its accessories. Company also have web portal www.edynamicssolutions.com.
Edynamics Solutions is mainly engaged in supply and online booking of computer peripherals, fabrics items, electronic items and agro items. Company buy products in bulk and supply the same to retail. Company's customer base includes online end users, trader and retailers. They also reach to their customers by appointing salespersons on commission basis.
| KPI | Values |
|---|---|
| RoNW | 0.49% |
The Company Edynamics Solutions 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 augment working capital in the form of advances for long term supplies of products and inputs sought in our operations | 7.00 |
| 2 | Setting up new franchise / Retail Store Modules | 3.90 |
| 3 | Brand Building | 2.00 |
| 4 | General Corporate purposes | 2.00 |
| 5 | Issue Expenses | 0.70 |
| Listing Date | June 26, 2013 |
| BSE Script Code | 535694 |
| NSE Symbol | |
| ISIN | INE899O01018 |
| Final Issue Price | ₹25 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹25.40 |
| Low | ₹25.40 |
| High | ₹26.65 |
| Last Trade | ₹26.65 |
Edynamics Solutions Ltd.
Shop No. 6, West Guru Angad Nagar,
Opp. DDA Building,
Laxmi Nagar,
Delhi, New Delhi, 110092
Phone: +91-11-32971727
Email: edynamicssolutions@yahoo.com
Website: http://www.edynamicssolutions.com
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Edynamics Solutions IPO is a SME IPO of 62,58,000 equity shares of the face value of ₹10 aggregating up to ₹15.65 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on June 10, 2013, and closes on June 12, 2013.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Edynamics Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Edynamics Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Edynamics Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Edynamics Solutions IPO opens on June 10, 2013 and closes on June 12, 2013.
Edynamics Solutions IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Edynamics Solutions 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 Edynamics Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Edynamics Solutions IPO allotment status.
The Edynamics Solutions IPO listing date is on Wednesday, June 26, 2013.
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