Sphinx Worldbiz IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Sphinx Worldbiz IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Sphinx Worldbiz Ltd. on May 8, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Sphinx Worldbiz Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.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 Sphinx Worldbiz IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeMon, Sep 30, 2024
SEBI/Exchange approval receivedThu, May 8, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII Shares OfferedNot less than 15% of the Net Issue

About Sphinx Worldbiz Ltd.

Established in 1996, Sphinx Worldbiz Limited is a multifaceted engineering and IT services company headquartered in Noida, India. Its global presence spans Germany, Sweden, the UK, the USA, and Australia.

The company provides onsite and offsite product design services, including prototype development through our production vendor.

The company provides tailored engineering solutions across industries like Automotive, White Goods, IT, and Manufacturing, including manufacturing, product design, software development, and embedded services.

Sphinx Worldbiz offers a comprehensive suite of services, including:

  • Engineering Design & Product Development: Specializing in end-to-end solutions from concept to prototyping, catering to industries such as automotive, manufacturing, and white goods.
  • IT & Software Development: Providing custom software solutions, ERP systems, mobile applications, and e-commerce platforms using technologies like .NET, Java, PHP, and Oracle.
  • Emerging Technologies: Delivering services in AI, IoT, blockchain, big data analytics, and video technology.
  • Staffing & Resource Augmentation: Offering scalable staffing solutions to meet diverse project requirements.

The company holds certifications including ISO 9001:2015 and ISO 27001:2013, and is recognized by Dun & Bradstreet. Since its inception, it has achieved significant milestones, such as supporting clients with $399 million in cost savings.

Sphinx Worldbiz operates offices in Pune, Haridwar, Gurugram, and internationally in Germany, Sweden, the UK, the USA, and Australia.

The company has over 600 employees focused on design and development to meet customer compliance and quality standards.

Competitive Strength:

  • Geographical Presence in Growing Markets.
  • Diversified range of customers across various industries.
  • Strong Portfolio of a diverse range of services.
  • Experienced Promoters, senior management and skilled employees.

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets52.9039.8031.02
Total Income85.4277.8551.31
Profit After Tax7.336.393.05
NET Worth28.1520.8314.43
Reserves and Surplus27.6520.3313.93
Total Borrowing10.806.998.87
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
2 To Meet Working Capital Requirement
3 General Corporate Purpose

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE29.94%
ROCE28.77%
Debt/Equity0.38
RoNW26.05%
PAT Margin9.26%
Pre IPOPost IPO
Promoter Holding99.93%
The promoters of the company are Narendra Singh Surana, Sudhanshu Surana and Avishkar Surana.

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

Sphinx Worldbiz Ltd. Address
G-7, 20
Hari Sadan,
Ansari Road, Darya Ganj,
Delhi, New Delhi, 110002
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IPO FAQs

Sphinx Worldbiz IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Sphinx Worldbiz IPO open and close dates are not available as of now.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Sphinx Worldbiz IPO using UPI as a payment gateway. Zerodha customers can apply in Sphinx Worldbiz IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sphinx Worldbiz IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sphinx Worldbiz IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sphinx Worldbiz IPO dates are not announced. Please check back again after some time.

Sphinx Worldbiz IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Sphinx Worldbiz 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 Sphinx Worldbiz IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sphinx Worldbiz IPO allotment status.

The Sphinx Worldbiz IPO listing date is not yet announced. The tentative date of listing is .

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