Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Mon, Jun 10, 2013 - Wed, Jun 12, 2013
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Jun 10, 2013
IPO Close
Wed, Jun 12, 2013
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹54.18 Cr
| IPO Date | 10 to 12 Jun, 2013 |
| Listed on | Wed, Jun 26, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 62,58,000 shares (agg. up to ₹16 Cr) |
| Reserved for Market Maker | 3,24,000 shares Anuriti Multy Broking Pvt.Ltd. (agg. up to ₹0.8100 Cr) |
| Fresh Issue (Ex Market Maker) | 59,34,000 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 59,34,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 1,54,33,000 shares |
| Share Holding Post Issue | 2,16,73,000 shares |
| BSE Script Code | 535694 |
| ISIN | INE899O01018 |
Edynamics Solutions IPO comprises a total issue size of 62,40,000 shares. The net offer to the public is 59,16,000 shares, after excluding 3,24,000 shares allotted on a firm basis. Of the Net offer 29,58,000 (50.00%) allocated to NII 29,58,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 29,58,000 | 50.00% | 47.40% |
| Retail Shares Offered | 29,58,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,24,000 | 5.19% | |
| Total Shares Offered | 62,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| 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 |
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.
| 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 | 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 |
| KPI | |
|---|---|
| RoNW | 0.49% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 29.16% | 20.76% |
| Market Cap | ₹54.18 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.45 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.10 |
| 4 | Regulatory & other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹25.40 |
| Low | ₹25.40 |
| High | ₹26.65 |
| Last Trade | ₹26.65 |
Lead Manager Reports
Edynamics Solutions IPO is a SME IPO of 62,58,000 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Jun 10, 2013, and closes on Wed, Jun 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 Mon, Jun 10, 2013 and closes on Wed, Jun 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 Wed, Jun 26, 2013.
