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Ekennis Software Service Ltd is engaged in the business of software IT solution and consulting services, IT product/ software development, and software training, ERP solution, Learning Management Solution, 3D printing, Digital printing and packaging design consultancy. It also provides business process analysis, system design, technical expertise, implementation, training, and support services, and has expertise in SAP ERP.
Competitive strengths
| IPO Date | Feb 21, 2022 to Feb 24, 2022 |
| Listing Date | Mar 7, 2022 |
| Face Value | ₹10 per share |
| Price | ₹72 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 400,000 shares (aggregating up to ₹2.88 Cr) |
| Fresh Issue | 400,000 shares (aggregating up to ₹2.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 188800 |
| Retail Shares Offered | 188800 |
| Market Maker portion | 22,400 shares |
| Total Shares Offered | 377,600 |
| KPI | Values |
|---|---|
| P/E (x) | 11.4 |
Ekennis Software IPO opens on Feb 21, 2022, and closes on Feb 24, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Feb 21, 2022 |
| Closing Date | Feb 24, 2022 |
| Basis of Allotment | Mar 2, 2022 |
| Initiation of Refunds | Mar 3, 2022 |
| Credit of Shares to Demat | Mar 4, 2022 |
| Listing Date | Mar 7, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Ekennis Software IPO lot size is 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹115,200 |
| Retail (Max) | 1 | 1600 | ₹115,200 |
| Lot Size Calculator | |||
Ms. Manisha Sharma is the promoter of the company.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.42% |
| Particulars | For the year/period ended (₹ in Lakh) | ||||
|---|---|---|---|---|---|
| 15-Jan-22 | 31-Mar-21 | 31-Mar-20 | |||
| Total Assets | 301.07 | 261.53 | 163.87 | ||
| Total Revenue | 367.18 | 468.67 | 485.78 | ||
| Profit After Tax | 70.20 | 94.92 | 22.60 | ||
[Dilip Davda] The company has an almost static top line for the reported financial data with super-profits for the last 21.5 months. Based on these super earnings, the issue is fully priced. Post-IPO it is paid-up capital of Rs. 1.40 cr. indicates longer gestation for migration to the mainboard. The company has not given a break-up of revenue and it appears it is primarily operating in digital and 3D printed packaging. Higher spending for the IPO indicates funding for this issue is fully arranged. There is no harm in ignoring this window dressed offer. Read detail review...
The Ekennis Software IPO is subscribed 28.00 times on Feb 24, 2022 6:50:00 PM. The public issue subscribed 19.00 times in the retail category, times in the QIB category, and 36.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 36.99 |
| Retail | 19.00 |
| Total | 28.00 |
| Listing Date | Mar 7, 2022 |
| BSE Script Code | 543475 |
| NSE Symbol | |
| ISIN | INE0KCM01010 |
| IPO Price | ₹72 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹72.00 |
| ₹80.00 |
| ₹80.00 |
| ₹84.00 |
| ₹84.00 |
Ekennis Software Service Limited
2 nd Floor, Concord Anthuriams,
Neeladri Road No. 49,50,51, Dodathogur Vill,
Electronic City, Bangalore – 560 100
Phone: 080 – 4114 5095
Email: info@ekennis.com
Website: http://www.ekennis.com/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Ekennis Software IPO is a SME IPO of 400,000 equity shares of the face value of ₹10 aggregating up to ₹2.88 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Feb 21, 2022, and closes on Feb 24, 2022.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ekennis Software IPO using UPI as a payment gateway. Zerodha customers can apply in Ekennis Software IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ekennis Software IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ekennis Software IPO opens on Feb 21, 2022 and closes on Feb 24, 2022.
Ekennis Software IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Ekennis Software 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 Ekennis Software IPO will be done on Mar 2, 2022, and the allotted shares will be credited to your demat account by Mar 4, 2022. Check the Ekennis Software IPO allotment status.
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RHP
IPO Guru (1100+ Posts, 500+ Likes)
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I would expect this to fly similar to Bombay metrics or Ksolves after consolidation...
At today's price it is around 15 crores market cap.
Expect it to be around 50 crores mcap at least soon...
so price of around at least 300+ is expected soon....