Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
MyPulse.IO Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on December 14, 2024 to raise funds through Initial Public Offer (IPO).
MyPulse.IO Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Khandwala Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to MyPulse.IO IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Dec 14, 2024 |
Incorporated in 2016, MyPulse.IO Limited is a data and Software-as-a-Service (SaaS) company that has created a platform called Pulse. The platform is designed to collect and process business data using over 30 APIs that gather public business information in one place. This data is updated daily, helping businesses, lenders, and service providers access accurate and up-to-date insights.
Pulse also uses Open Banking and Open Accounting to collect daily data from business bank accounts and accounting systems. With permission, this helps the platform offer clear financial information and improve decision-making for companies, lenders, and accountants.
The platform is mainly used for:
Pulse offers direct access to banks across the European Union and works with data partners like AccountScore, Plaid, and Creditsafe. The platform uses this data to create detailed credit reports, business insights, and financial analytics for companies and lenders.
MYPULSE.IO LIMITED follows a billing model based on the amount of data clients use. The company also earns revenue by offering portfolio monitoring and Knowledge Process Outsourcing (KPO) services. Payments are collected on a weekly or monthly basis, depending on the service.
The company collects data from three sources:
As of November 30, 2024, MYPULSE.IO LIMITED had 95 employees on its payroll.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 12.07 | 3.46 | 3.36 |
| Total Income | 26.36 | 15.59 | 9.51 |
| Profit After Tax | 7.88 | 0.03 | 0.19 |
| NET Worth | 8.56 | 0.67 | 0.65 |
| Reserves and Surplus | 8.55 | 0.66 | 0.64 |
| Total Borrowing | 0.15 | 0.15 | |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up another office in Mumbai, Investment in human resources and technology infrastructure for enhancement of existing products and development of new products including aiPredict and Pulse GPT. | 30.99 |
| 2 | Funding expenditure towards global expansion and setting up subsidiaries in four countries. | 24.37 |
| 3 | Acquisition of overseas Company (Nucleus Holdings Limited). | 53.72 |
| 4 | General Corporate Purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 170.87% |
| ROCE | 123.75% |
| RoNW | 92.15% |
| PAT Margin | 29.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.10 | |
| Promoter Holding | 88.14% |
Lead Manager Reports
MyPulse.IO IPO is a SME IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The MyPulse.IO IPO open and close dates are not available as of now.
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 MyPulse.IO IPO using UPI as a payment gateway. Zerodha customers can apply in MyPulse.IO IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in MyPulse.IO IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The MyPulse.IO IPO dates are not announced. Please check back again after some time.
MyPulse.IO IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in MyPulse.IO 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 MyPulse.IO IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the MyPulse.IO IPO allotment status.
The MyPulse.IO IPO listing date is not yet announced. The tentative date of listing is .
