Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Technowire Data Science Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 20, 2025.
Technowire Data Science Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the BSE SME. Galactico Corporate Services Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Dec 23, 2024 |
| Offer document withdrawn | Thu, Feb 20, 2025 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| NII Shares Offered | 50% of the net offer |
Incorporated in 2020, Technowire Data Science Limited is a data and technology solutions company headquartered in Ahmedabad.
Technowire Data Science Limited focuses on providing API, SaaS, and mobile application-based solutions for lead generation, identity verification, IT services, and due diligence. The company operates as a corporate search engine offering data insights and a 360-degree view of businesses. Its services are powered by technology-driven data extraction and integration from multiple regulatory and institutional sources, including the Ministry of Corporate Affairs, GST Department, EPFO, courts, credit bureaus, rating agencies, and news outlets.
The company offers services tailored to corporate clients, such as:
Technowire Data Science Limited has a team of approximately 19 professionals dedicated to client service delivery.
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 48.84 | 46.90 | 17.23 | 2.72 |
| Total Income | 35.24 | 67.56 | 21.12 | 4.78 |
| Profit After Tax | 3.84 | 6.40 | 1.52 | 0.04 |
| NET Worth | 18.79 | 14.95 | 4.55 | 0.15 |
| Reserves and Surplus | 4.04 | 10.04 | 4.30 | 0.05 |
| Total Borrowing | 2.55 | 0.52 | 0.21 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure (including investment in IT Infrastructure & Establishment of Data Center). | 12.60 |
| 2 | Data Procurement service for the website. | 13.83 |
| 3 | Software Development Cost. | 2.50 |
| 4 | General Corporate Purpose. | 9.00 |
| 5 | Funding Working Capital Requirement. | |
| 6 | To meet the Issue Related Expense. |
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 70.00% |
| RoNW | 34% |
| PAT Margin | 9.53% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.34 | |
| Promoter Holding | 82.54% |
Lead Manager Reports
Technowire Data Science 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 Technowire Data Science IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Technowire Data Science IPO using UPI as a payment gateway. Zerodha customers can apply in Technowire Data Science IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Technowire Data Science IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Technowire Data Science IPO dates are not announced. Please check back again after some time.
Technowire Data Science IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Technowire Data Science 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 Technowire Data Science IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Technowire Data Science IPO allotment status.
The Technowire Data Science IPO listing date is not yet announced. The tentative date of listing is .
