Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
InfoBeans Technologies IPO is a fixed price issue of Rs 36.78 crores.
InfoBeans Technologies IPO bidding started from April 18, 2017 and ended on April 21, 2017. The shares got listed on NSE SME on May 2, 2017.
InfoBeans Technologies IPO price is ₹58 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹116,000.
Sarthi Capital Advisors Private Limited is the book running lead manager of the InfoBeans Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to InfoBeans Technologies IPO RHP for detailed information.
| IPO Date | April 18, 2017 to April 21, 2017 |
| Listing Date | May 2, 2017 |
| Face Value | ₹10 per share |
| Price | ₹58 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 6,342,000 shares (aggregating up to ₹36.78 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹116,000 |
| Retail (Max) | 1 | 2000 | ₹116,000 |
| Lot Size Calculator | |||
Incorporated in 2011, InfoBeans Technologies Ltd (ITL) is software services company which develops and maintains computer software in India and internationally. ITL’s services can be broadly categorized as storage & Virtualization, Media & Publishing and eCommerce.
Company offers automated testing services; enterprise cloud solutions to automate operations, such as IT helpdesk, asset management, enterprise service management, and virtual support workflow; UX and UI design services; and custom application development services, including application development, maintenance and support, migration, re-engineering and modernization, and quality assurance services. They also provides distributed storage systems; publishing services for web, mobile, and print, as well as format conversion services; and e-commerce solutions. In addition, the company offers hard-ware products.
In India it operates out of 2 facilities in Indore and Pune employing more than 600 people across locations. As the company has prominence in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has 2 offices located in California & Georgia, USA. ITL is ServiceNow partner for implementing their software.
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| 31-Dec-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 5,522.11 | 4,689.08 | 3,108.49 | 2,626.36 | 1,446.98 | 1,004.64 |
| Total Revenue | 5,068.47 | 6,206.02 | 3,535.18 | 3,311.47 | 2,190.29 | 1,581.70 |
| Profit After Tax (PAT) | 715.83 | 1,356.11 | 542.56 | 913.57 | 435.83 | 255.60 |
The objects of the Issue are:
1. Acquisitions and Other Strategic Initiatives;
2. Technical Development;
3. Investment in their Subsidiaries
4. Advertising and Sales Promotion;
5. General Corporate Purposes;
6. Issue Expenses.
[Dilip Davda] Cash surplus Investors may consider investment for long term as issue appears to have been fully priced. Read detail review...
The InfoBeans Technologies IPO is subscribed times on April 21, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | May 2, 2017 |
| BSE Script Code | |
| NSE Symbol | INFOBEAN |
| ISIN | INE344S01016 |
| Final Issue Price | ₹58 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹58.00 |
| ₹69.60 |
| ₹69.60 |
| ₹69.60 |
| ₹69.60 |
InfoBeans Technologies Ltd
601-602,
Rafael Tower 8/2,
Old Palasia Indore – 452001
Phone: +91- 731- 6704000
Email: info@infobeans.com
Website: http://www.infobeans.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: infobeans.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
InfoBeans Technologies IPO is a SME IPO of 6,342,000 equity shares of the face value of ₹10 aggregating up to ₹36.78 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000 Shares.
The IPO opens on April 18, 2017, and closes on April 21, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The InfoBeans Technologies IPO opens on April 18, 2017 and closes on April 21, 2017.
InfoBeans Technologies IPO lot size is 2000 Shares, and the minimum amount required is ₹116,000.
You can apply in InfoBeans Technologies IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for InfoBeans Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the InfoBeans Technologies IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
