Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Xelpmoc Design IPO is a book build issue of ₹23.00 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹23.00 crore.
Xelpmoc Design IPO bidding started from Jan 23, 2019 and ended on Jan 25, 2019. The allotment for Xelpmoc Design IPO was finalized on Jan 30, 2019. The shares got listed on BSE, NSE on Feb 4, 2019.
Xelpmoc Design IPO price band is set at ₹66.00 per share . The lot size for an application is 200. The minimum amount of investment required by an retail is ₹12,400 (200 shares). The lot size investment for sNII is 16 lots (3,200 shares), amounting to ₹2,11,200, and for bNII, it is 76 lots (15,200 shares), amounting to ₹10,03,200.
ITI Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Xelpmoc Design IPO RHP for detailed Information.
| IPO Date | January 23, 2019 to January 25, 2019 |
| Listing Date | February 4, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹62 to ₹66 per share |
| Issue Price Final | ₹66 per share |
| Lot Size | 200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 35,01,442 shares (aggregating up to ₹23.00 Cr) |
| Retail Discount | Rs 3.00 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,02,03,856 shares |
| Share Holding Post Issue | 1,37,05,298 shares |
Xelpmoc Design and Tech IPO offers total 35,01,442 shares. Out of which 26,13,637 (74.64%) allocated to QIB, 10,45,456 (29.86%) allocated to QIB, 5,22,726 (14.93%) allocated to NII, 3,65,079 (10.43%) allocated to RII and 15,68,181 (44.79%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 26,13,637 (74.64%) | NA |
| − Anchor Investor Shares Offered | 15,68,181 (44.79%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 10,45,456 (29.86%) | NA |
| NII (HNI) Shares Offered | 5,22,726 (14.93%) | NA |
| Retail Shares Offered | 3,65,079 (10.43%) | 1,825 |
| Total Shares Offered | 35,01,442 (100.00%) |
Xelpmoc Design IPO opens on January 23, 2019, and closes on January 25, 2019.
| IPO Open Date | Wed, Jan 23, 2019 |
| IPO Close Date | Fri, Jan 25, 2019 |
| Tentative Allotment | Wed, Jan 30, 2019 |
| Initiation of Refunds | Thu, Jan 31, 2019 |
| Credit of Shares to Demat | Fri, Feb 1, 2019 |
| Tentative Listing Date | Mon, Feb 4, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jan 25, 2019 |
Investors can bid for a minimum of 200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹13,200 |
| Retail (Max) | 15 | 3,000 | ₹1,98,000 |
| S-HNI (Min) | 16 | 3,200 | ₹2,11,200 |
| S-HNI (Max) | 75 | 15,000 | ₹9,90,000 |
| B-HNI (Min) | 76 | 15,200 | ₹10,03,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2015, Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support.
The company caters entrepreneurs, start-ups and established companies in public and private sector. It provides a wide range of services, including, mobile and web application development, prototype development, thematic product development, data science and analytics assistance.
As of June 30, 2018, the company has served over 23 clients in India. The company intends to leverage its existing business model to enter newer geographies such as the Middle East and North Africa (MENA), United States, United Kingdom, Asia Pacific and Australia.
| Particulars | For the year/period ended (in Rs. Thousands) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | |||||
| Total Assets | 246,042.65 | 187,207.82 | ||||
| Total Revenue | 49,310.38 | 19,235.47 | ||||
| Profit After Tax | (35,032.34) | (28,559.32) | ||||
The Company Xelpmoc Design IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Purchase of IT hardware and network equipment’s for development centers in Kolkata and Hyderabad | 5.49 |
| 2 | Purchase of fit outs for new development centers in Kolkata and Hyderabad | 4.09 |
| 3 | Funding working capital requirements of the Company | 6.00 |
| 4 | General corporate purposes | 4.07 |
[Dilip Davda] Although XDTL has posted rising trends in top line, its negative bottom-line and the minuscule volume against higher equity base raises concern. The company has won few long term good contacts from big corporate as well as from new start ups. This is a clear long term bet considering company may take a year or two to be in green. Hence cash surplus risk savvy investors may consider investment at their own risk in this mini main board IPO. Read detail review...
| Listing Date | February 4, 2019 |
| BSE Script Code | 542367 |
| NSE Symbol | XELPMOC |
| ISIN | INE01P501012 |
| Final Issue Price | ₹66 per share |
| BSE Listing Group | T |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹57.00 |
| Low | ₹55.15 |
| High | ₹59.85 |
| Last Trade | ₹59.85 |
Xelpmoc Design & Tech Ltd.
#17, 4th Floor, Agies Building
1st 'A' Cross, 5thBlock,
Koramangala, Bengaluru - 560 034
Bengaluru, Karnataka
Phone: +91 80 4370 8360
Email: vaishali.kondbhar@xelpmoc.in
Website: http://www.xelpmoc.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Xelpmoc Design IPO is a main-board IPO of 35,01,442 equity shares of the face value of ₹10 aggregating up to ₹23.00 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 200.
The IPO opens on January 23, 2019, and closes on January 25, 2019.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Xelpmoc Design IPO using UPI as a payment gateway. Zerodha customers can apply in Xelpmoc Design IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Xelpmoc Design IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Xelpmoc Design IPO opens on January 23, 2019 and closes on January 25, 2019.
Xelpmoc Design IPO lot size is 200, and the minimum amount required for application is ₹13,200.
You can apply in Xelpmoc Design 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 Xelpmoc Design IPO will be done on Wednesday, January 30, 2019, and the allotted shares will be credited to your demat account by Friday, February 1, 2019. Check the Xelpmoc Design IPO allotment status.
The Xelpmoc Design IPO listing date is on Monday, February 4, 2019.
Useful Articles
RHP