Bookbuilding IPO | ₹23 Cr | Listed at BSE, NSE | Wed, Jan 23, 2019 - Fri, Jan 25, 2019
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 per share. The lot size for an application is 200. The minimum amount of investment required by an retail is ₹13,200 (200 shares) (based on upper price). 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 Open
Wed, Jan 23, 2019
IPO Close
Fri, Jan 25, 2019
Issue Price
₹66 per share
Market Cap (Pre-IPO)
₹90.45 Cr
| IPO Date | 23 to 25 Jan, 2019 |
| Listed on | Mon, Feb 4, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹62 to ₹66 |
| Issue Price | ₹66 per share |
| Lot Size | 200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 3.00 per share |
| Total Issue Size | 35,01,442 shares (agg. up to ₹23 Cr) |
| Fresh Issue | 35,01,442 shares (agg. up to ₹23 Cr) |
| Share Holding Pre Issue | 1,02,03,856 shares |
| Share Holding Post Issue | 1,37,05,298 shares |
| BSE Script Code / NSE Symbol | 542367 / XELPMOC |
| ISIN | INE01P501012 |
Xelpmoc Design IPO comprises a total issue size of 35,01,442 shares. Out of which, 26,13,637 (74.64%) are allocated to QIB, 5,22,726 (14.93%) allocated to NII 3,65,079 (10.43%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 200 shares and in multiples thereof.
| 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 |
Xelpmoc Design IPO raises ₹10.35 crore from anchor investors. Xelpmoc Design IPO Anchor bid date is January 22, 2019.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jan 22, 2019 |
| Shares Offered | 15,68,181 |
| Anchor Portion (₹ Cr.) | 10.35 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Mar 1, 2019 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Apr 30, 2019 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
The Xelpmoc Design and Tech IPO is subscribed 3.25 times on January 25, 2019 5:00:01 PM (Day 3). The public issue subscribed 2.64 times in the retail category, 1.24 times in the QIB category, and 7.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.24 | 11,12,904 | 13,82,000 |
| NII | 7.69 | 5,56,451 | 42,80,600 |
| Retail | 2.64 | 3,70,967 | 9,78,200 |
| Total | 3.25 | 20,40,322 | 66,40,800 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and underwriting commission, brokerage and selling commission | 0.75 |
| 2 | Commission/processing fee to the SCSBs for processing Bid cum Application Forms procured by Syndicate/Sub Syndicate or procured by Non-Syndicate Registered Brokers and submitted to SCSBs | 0.02 |
| 3 | Brokerage and selling commission for NonSyndicate Registered Brokers | 0.00 |
| 4 | Advertising and marketing expenses | 0.69 |
| 5 | Fees to the Registrar to the Issue | 0.01 |
| 6 | Other advisors to the Issue (including lawyers, auditors, etc.) | 1.38 |
| 7 | Listing fees and other regulatory expenses | 0.41 |
| 8 | Miscellaneous | 0.09 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹57.00 |
| Low | ₹55.15 |
| High | ₹59.85 |
| Last Trade | ₹59.85 |
Lead Manager Reports
Xelpmoc Design IPO is a main-board IPO of 35,01,442 equity shares of the face value of ₹10 aggregating up to ₹23 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 200.
The IPO opens on Wed, Jan 23, 2019, and closes on Fri, Jan 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 Wed, Jan 23, 2019 and closes on Fri, Jan 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 Fri, Feb 1, 2019. Check the Xelpmoc Design IPO allotment status.
The Xelpmoc Design IPO listing date is on Mon, Feb 4, 2019.
