Fixed Price IPO | ₹14 Cr | Listed at BSE, NSE | Fri, Sep 30, 2005 - Fri, Oct 7, 2005
Paradyne Infotech IPO is a fixed issue price of ₹13.86 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹13.86 crore.
Paradyne Infotech IPO bidding started from Sep 30, 2005 and ended on Oct 7, 2005. The shares got listed on NSE and BSE on Nov 10, 2005.
Paradyne Infotech IPO is set final issue price at ₹42 per share.
Karvy Investor Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Paradyne Infotech IPO DRHP for detailed Information.
IPO Open
Fri, Sep 30, 2005
IPO Close
Fri, Oct 7, 2005
Issue Price
₹42 per share
Market Cap (Pre-IPO)
₹45.69 Cr
| IPO Date | 30 Sep to 7 Oct, 2005 |
| Listed on | Thu, Nov 10, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹42 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 33,00,926 shares (agg. up to ₹14 Cr) |
| Fresh Issue | 33,00,926 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 75,76,698 shares |
| Share Holding Post Issue | 1,08,77,624 shares |
| BSE Script Code / NSE Symbol | 532672 / GLODYNE |
| ISIN | INE932G01021 |
Paradyne Infotech IPO comprises a total issue size of 33,00,000 shares. Out of which, 16,50,000 (50.00%) allocated to NII 16,50,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| NII (HNI) Shares Offered | 16,50,000 | 50.00% |
| Retail Shares Offered | 16,50,000 | 50.00% |
| Total Shares Offered | 33,00,000 | 100.00% |
Incorporated in 1997, Paradyne Infotech Ltd., later renamed as Glodyne Technoserve Limited, was a Mumbai-based IT services provider focused on software services, managed services, and system integration.
The company focused on IT solutions, software services, managed services, and system integration.
The company primarily provided Technology Infrastructure Management Services (Technology IMS) and Enterprise-level HRMS solutions.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 20.02 | 19.51 | 11.81 |
| Total Income | 68.53 | 51.13 | 35.54 |
| Profit After Tax | 5.00 | 2.70 | 0.31 |
| NET Worth | 11.49 | 7.56 | 2.56 |
| Reserves and Surplus | 3.91 | 2.51 | 0.43 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Upgradation of Products and Infrastructure. | 5.19 |
| 2 | Data Centre and Support Centre | 3.57 |
| 3 | Research & Development Lab and Enhancement of Quality Certification | 0.59 |
| 4 | Investment in Subsidiary | 3.75 |
| 5 | Public Issue Expenses | 0.75 |
| 6 | Contingencies | 0.16 |
| Total | 14.01 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 43.52% |
| Price to Book Value | 2.77 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.60 | 4.60 |
| P/E (x) | 6.36 | 9.14 |
| Promoter Holding | 99.38% | 69.23% |
| Market Cap | ₹45.69 Cr. |
The Paradyne Infotech IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 44.33 | 33,00,000 | 14,62,78,500 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Managers Fees | 0.25 |
| 2 | Registrars' Fees | 0.05 |
| 3 | Stationery | 0.10 |
| 4 | Statutory Advertisements | 0.05 |
| 5 | Road Shows/ Conferences | 0.02 |
| 6 | SEBI filing fees/ BSE Processing fees | 0.01 |
| 7 | Brokerage and other expenses | 0.22 |
| 8 | Postage (Registered post) Consolidated Stamp Duty, one-time fee payable to NSDL/CDSL connectivity etc. | 0.05 |
| Total | 0.75 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹42.00 | ₹42.00 |
| Open | ₹50.00 | ₹51.25 |
| Low | ₹50.00 | ₹51.25 |
| High | ₹83.40 | ₹82.90 |
| Last Trade | ₹76.10 | ₹75.35 |
Lead Manager Reports
Paradyne Infotech IPO is a main-board IPO of 33,00,926 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹42 per share. The minimum order quantity is .
The IPO opens on Fri, Sep 30, 2005, and closes on Fri, Oct 7, 2005.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Paradyne Infotech IPO using UPI as a payment gateway. Zerodha customers can apply in Paradyne Infotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Paradyne Infotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Paradyne Infotech IPO opens on Fri, Sep 30, 2005 and closes on Fri, Oct 7, 2005.
Paradyne Infotech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Paradyne Infotech 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 Paradyne Infotech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Paradyne Infotech IPO allotment status.
The Paradyne Infotech IPO listing date is on Thu, Nov 10, 2005.
