Chittorgarh.com Logo
Loading...

ADJIA Technologies Limited IPO (ADJIA Technologies IPO) Detail

Mar 2, 2021 - Mar 4, 2021

ADJIA Technologies Limited offers augmented reality and virtual reality related to customers electronically. It further offers software consultancy-related services to clients.

The company provides VR AR 360 based products and services to customers across industries i.e. manufacturing, reality, marketing, e-commerce, education, real estate, hospitality, etc.

Competitive Strengths

  • High quality service standards.
  • Technological advancement and product innovation.
  • Experienced management.
  • Strong customer relationship.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 67.92 4.05 1.66 1.67
Total Revenue 17.27 10.45 - -
Profit After Tax 5.60 1.88 (0.06) (0.20)

Objects of the Issue

The IPO aims to raise money for the following purposes;

  • To fund the equipment purchase.
  • To take marketing initiatives.
  • To meet general corporate purposes.

ADJIA Technologies IPO Details

IPO Date Mar 2, 2021 to Mar 4, 2021
Listing Date Monday, March 15, 2021
Face Value ₹10 per share
Price ₹74 per share
Lot Size 1600 Shares
Issue Size270,400 shares of ₹10
(aggregating up to ₹2.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Mr. Roshan Kumar Rawal is the promoter of the company.

ADJIA Technologies IPO Tentative Timetable

ADJIA Technologies IPO opens on Mar 2, 2021, and closes on Mar 4, 2021. The ADJIA Technologies IPO bid date is from Mar 2, 2021 10.00 A.M. to Mar 4, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Mar 2, 2021
Closing Date Mar 4, 2021
Basis of Allotment Mar 9, 2021
Initiation of Refunds Mar 10, 2021
Credit of Shares to Demat Mar 12, 2021
Listing Date Mar 15, 2021

ADJIA Technologies IPO Lot Size

The ADJIA Technologies IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹118,400).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹118,400
Retail (Max) 1 1600 ₹118,400

ADJIA Technologies IPO Promoter Holding

Pre Issue Share Holding 94.10%
Post Issue Share Holding 65.20%

ADJIA Technologies IPO Review

ATL being a startup has minuscule financial data for a limited period. Based on this, the asking price is at a much higher P/E. The company is paying around 20% to mobilize Rs. 2 crores from the market, this indicates that the issue is pre-structured and funding arrangement is done. There is no harm in giving this issue a MISS. Read detail review...


ADJIA Technologies IPO Subscription Status (Bidding Detail)

The ADJIA Technologies IPO is subscribed 6.03 times on Mar 4, 2021 7:49:00 AM. The public issue subscribed 5.15 times in the retail category, times in the QIB category, and 0.88 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.88
Retail5.15
Total6.03

ADJIA Technologies IPO Prospectus

ADJIA Technologies IPO Rating

66
3.2
Rating:Rated 3.2 stars
Vote Here ...

ADJIA Technologies IPO Listing Date

Listing Date Monday, March 15, 2021
BSE Script Code 543269
NSE Symbol
Listing In TS Group of Securities
ISIN INE0G0V01018
IPO Price ₹74 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹74.00
₹74.50
₹74.00
₹74.65
₹74.25

Company Contact Information

ADJIA Technologies Limited
102, Fairdeal House, Opp. Xaviers Ladies Hostel,
Swastik Char Rasta, Navrangpura
Ahmedabad - 380 009
Phone: +91-87800-38297
Email: info@adjiatechnologies.com
Website: http://www.adjiatechnologies.com/

ADJIA Technologies IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: adjia.ipo@kfintech.com
Website: https://karisma.kfintech.com/

ADJIA Technologies IPO Review

ADJIA Technologies IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews


IPO Broker Recommendations

ADJIA Technologies IPO FAQs

ADJIA Technologies IPO is a SME IPO of 270,400 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600 Shares.

The IPO opens on Mar 2, 2021, and closes on Mar 4, 2021.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Steps to apply in ADJIA Technologies 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 'ADJIA Technologies 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 ADJIA Technologies IPO opens on Mar 2, 2021 and closes on Mar 4, 2021.

ADJIA Technologies IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in ADJIA 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for ADJIA Technologies IPO will be done on Mar 9, 2021, and the allotted shares will be credited to your demat account by Mar 12, 2021. Check the ADJIA Technologies IPO allotment status.

The ADJIA Technologies IPO listing date is on Monday, March 15, 2021.
Open an Instant Account with Zerodha

ADJIA Technologies IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

3 Comments

2. Baskaran |   Link |Feb 28, 2021 9:58:22 AM
Aviod
1. KDForIPO |   Link |Feb 27, 2021 7:23:42 PM
Looks Good.
Any comment ? thinking to apply first time on SME IPO.
Lead Manager track record is good.
Company business looks good.
Any view ?
1.1. Deepakkumar |   Link |Feb 28, 2021 8:56:16 AM
Top Contributor Top Contributor (200+ Posts)
Go for it ! We will learn from your mistakes.
Do update us.