Funny Software Ltd IPO (Funny Software IPO) Detail

May 14, 2015 - May 20, 2015

Incorporated in 2007, Funny Software Ltd (FSL) is engaged in the providing IT services, consulting and business solutions organization and delivering results to its valued clients. The company also operates as reseller organization by a team of dynamic professionals with marketing, sales and technical know-how spread across various industries. It predominantly caters to Delhi and nearby markets and act as IT Distribution space. Going forward, FSL plan to increase its product portfolio and also plans to penetrate in new markets.

FSL has a comprehensive portfolio of product offerings covering desktop, laptops, servers, Hard Disk Drives, Scanners, Memory Modules and Cards, USB Drives, Speakers, Optical Media, Casings, Electronic Copy boards, Clear One Audio Conferencing, Elmo Document Camera etc. Its range of products and services consists are: Data processing, Dealing in Desktops, Laptops, Servers, Storage and Software, Imaging Software, Hard Disk Drives / Portable storage Solutions, Scanners, Memory Modules and Cards, USB Drives, Speakers, Optical Media, Casings, SMPS, UPS, Webcams, Keyboards & Mice, Networking of Computers, Advisors and consultants in respect of matters relating to Computer hardware software computer aided Programmes.

Company Promoters:

The Promoters of the Company are:

1. Mr. Sachin Singh
2. M/s. Glamour Steels Pvt. Ltd

Objects of the Issue:

The objects of the Issue are:

1. To part-finance incremental working capital requirements;
2. To acquire certain fixed assets;
3. General corporate expenses; and
4. To meet the expenses of the Issue.

Funny Software IPO Details

IPO DateMay 14, 2015 - May 20, 2015
Issue TypeFixed Price Issue IPO
Issue Size3,280,000 Eq Shares of ₹10
(aggregating up to ₹4.59 Cr)
Face Value₹10 Per Equity Share
IPO Price₹14 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

Funny Software IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹140,000
Maximum110000₹140,000

Funny Software IPO Prospectus

Funny Software IPO Rating

67
4.2
Rating:Rated 4.2 stars

Vote Here ...

Funny Software IPO Listing Date

Listing DateTuesday, June 2, 2015
BSE Script Code539169
NSE Symbol
Listing InMT
ISININE105R01013
IPO Price₹14 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹14.00
₹13.50
₹13.50
₹13.50
₹13.50
10,000

Funny Software IPO Reviews / Ratings

Company Contact Information

Funny Software Ltd
407, Prabhat Kiran Building,
Rajendra Place,
New Delhi – 110 008

Phone: +91 11 42283003
Email: funny_soft@yahoo.com
Website: http://www.funnysoftwarelimited.com

Funny Software IPO Registrar

Skyline Financial Services Private Ltd
   D-153A, 1st Floor,
   Okhla Industrial Area, Phase-I,
   New Delhi -110020

Phone: +91 - 11 - 2681
Email: admin@skylinerta.com
Website: http://www.skylinerta.com

Funny Software IPO FAQs

  1. 1. What is Funny Software IPO?

    Funny Software IPO is a SME IPO of 3,280,000 equity shares of the face value of ₹10 aggregating up to ₹4.59 Crores.

    The issue price of the IPO is ₹14 Per Equity Share. The minimum order quantity is 10000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on May 14, 2015 and closes on May 20, 2015.

    Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Funny Software IPO will open?

    The Funny Software IPO opens on May 14, 2015 and closes on May 20, 2015.

  3. 3. How to apply for Funny Software IPO?

    Funny Software IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Funny Software IPO allotment?

    The finalization of Basis of Allotment for Funny Software IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Funny Software IPO allotment status.

  5. 5. When is Funny Software IPO listing date?

    The Funny Software IPO listing date is on Tuesday, June 2, 2015, at BSE SME.
  6. 6. What is the lot size of Funny Software IPO?

    Funny Software IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

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Funny Software IPO Review / Comments

DURAISWAMY
18. DURAISWAMY  Aug 13, 2015 22:07
STOP SELLING FOR SOME TIME
vijay sahajwani
17. vijay sahajwani  Jul 6, 2015 22:34
Sir I have allotment of funny software now I''m in trouble what is the future of this share,regularly this share is on lower circuit. What should now I want to do,please suggest.
surya
16. surya  Jun 17, 2015 15:58
WHat has happened to this stock dilip ji. Only sellers and no buyers.. I have been trying to get rid of it but got stuck. not even a single buyer for the past one week. I personally feel that BSE SME is a bogus stock exchange that has been created to loot retail investors...
DURAISWAMY
16.1. DURAISWAMY  Jun 18, 2015 07:53
BEWARE OF STOCK MARKET. GOD ONLY KNOWS FUTURE OF IT. SOMETIMES IT FALLS . SOME TIME IT RAISES. WHEN IT FALLS WE MUST INVEST. WHEN IT RAISES WE MUST SELL. IT IS VERY DIFFICULT TO PREDICT.

SME IS ALSO SAME KIND SOME STOCKS RAISES MANY FALLS. AS DILIPJI TOLD FUNNY BECAME REAL FUNNY. EPS OF Funny IS VERY LOW SUCH STOCKS SHOULD BE PREVENTED BY SEBI BEFORE IT GIVES NOD
Dilip Davda
15. Dilip Davda  Jun 10, 2015 12:14
This IPO that got 60% subscription on day one, has allotted to 98 applicants including Market Maker and since listing it has been seeing sellers in lower circuits and we are witnessing funny faces of investors in this IPO. Wish all of them a Best of Luck

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

surya
14. surya  Jun 5, 2015 14:49
Dear All,
There is very thin trading occuring in this stock, However the right price appears to be around Rs.12/-. So people who have brought at IPO ie Rs.14 had paid a premium for their IPO participation. Company is Ok checked the Balance sheets. They have a poor website but the market is Ok for them...
surya
14.1. surya  Jun 5, 2015 15:00
spoke with the people...they are extremely positive and forward looking ...just wait..some one is hammering it down...just wait ill 10th june it will pick up from them...
IPOANALYSIS
13. IPOANALYSIS  Jun 4, 2015 10:59
EVEN SMALL SHOPS HAVE MORE TURNOVER THAN THIS COMPANY.
EXIT OUT OF THIS STOCK IMMEDIATELY. THIS STOCK IS NOT EVEN WORTH 1 RS.

INSTEAD SELL THIS COMPANY AND BUY SUPREME IMPEX INDIA LTD MUCH BETTER SME .
SUPREME IMPEX INDIA HAS TURNOVER OF 300 CR AND IT IS AVAILABLE AT ONLY 17 CRORE MARKET CAP.

SO THIS STOCK CAN EASILY QUADRAPLE

SELL SELL SELL FUNNY SOFTWARE . THEY ARE LOOTERS COMPANY.
DURAISWAMY
13.1. DURAISWAMY  Jun 4, 2015 17:20
u r right
Dilip Davda
12. Dilip Davda  Jun 2, 2015 18:55
I really wonder on reports of this IPO getting subscribed over 60% on day one, and despite that, it was kept open for a week or so. Who supported it so enthusiastically?

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

Dilip Davda
11. Dilip Davda  Jun 2, 2015 18:52
This scrip got listed on BSE SME today i.e. on 02.06.15 and opened and closed at Rs. 13.50 (i.e. at discount to offer price) with very thin trade.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

surya
10. surya  Jun 1, 2015 17:07
listing is on 2nd June 2015... all the best...http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20150601-12
surya
9. surya  Jun 1, 2015 13:11
10K shares credied to my demat a/c. when is the listing date and what is the expected price....
DURAISWAMY
8. DURAISWAMY  May 29, 2015 21:36
ALLOTMENT IS OUT . SHARES ARE CREDITED
surya
7. surya  May 25, 2015 12:05
Funny has been subscribed 1.25 times as per the http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=946&type=IPO&idtype=2&status=H&IPONo=1016&startdt=5%2f14%2f2015.

although the premium is high I feel it will be like athena constructions IPO...lets see...kep posted for the listing date ..
surya
6. surya  May 22, 2015 13:46
1. Kindly tell what what is the fate of IPO.
2. How much of the IPO was subscribed?
3. WHen will it get listed?
4. Grey market premium if any for this IPO?
5. surprised to see the outcome of OP chains ltd...
DURAISWAMY
6.1. DURAISWAMY  May 25, 2015 09:44

DEAR SURYA

1. God only knows the fate of this IPO.

2. Subscriptuion details not disclosed except for first day. On firstday . it was disclosed in moneycontrol.com as 60%.

3. It will list on or before 12 trading days from the date of closure of the issue. it is expected to listed on or before 5-6-2015.

4. So far BSE SME ipo do not have any such premium since the volume is less and also issue size also less.

5. OP CHAINS LTD is involved in GOLD and SILVER wholesale. WE CAN EXPECT PROFIT IN FUTURE AUDIT REPORTS. PROFIT MAY INCREEASE IF GOLD AND SILVER PRICE INCREASES.

6. DO NOT SURPRISE AND BEWARE. SOME BSE SME IPOS WERE LISTED WITH GAINS AND MANY WITH PAINS.

Peter Mark
5. Peter Mark  May 17, 2015 22:56
How to apply this IPO in Icicdirect or Sharekhan?
Peter Mark
5.3. Peter Mark  May 19, 2015 01:19
I have few questions while applying from SBI Online banking.

1) I dont have Demat account with SBI but i have demat account with Icicidirect. Can i enter my Icici dp account details in SBI?

2) How the shares will be credited to our account once they were allotted.


DURAISWAMY
5.4. DURAISWAMY  May 21, 2015 16:35
I entered sbi cap details.
DURAISWAMY
4. DURAISWAMY  May 17, 2015 21:14
IPO CORNER
Funny Software SME IPO subscribed 60% on day one
15 May 2015, 03.46 p

http://m.moneycontrol.com/news/ipo-issues-open/funny-software-sme-ipo-subscribed-60day-one_1385569.html
Raunak Gulecha
3. Raunak Gulecha  May 15, 2015 13:25
Any views on this company ?
DURAISWAMY
3.1. DURAISWAMY  May 15, 2015 19:45
PLEASE READ THE FOLLOWING LINK
Darisa
2. Darisa  May 15, 2015 00:48
Hi Any one can tell me what is SME IPO ?? what is the difference bet SME IPO''s and general IPO''s ??
DURAISWAMY
2.1. DURAISWAMY  May 15, 2015 12:33
SME STANDS FOR SMALL AND MEDIUM ENTERPRISES. BSE SME IS PART OF BSE IN THAT THE SME CAN RAISE FUND UPTO CERTAIN LIMIT. THE SEBI HAS REVISED THE NORMS FOR SME IPO
Darisa
2.2. Darisa  May 22, 2015 20:14
Thanks Duraiswamy for clarifying my doubt....:)
Indian IPO GURU
1. Indian IPO GURU  May 14, 2015 23:01
Not Apply
pinkyjain
19.1. pinkyjain  May 15, 2015 00:03
Don''t think applying in this IPO

Chor company







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