Lex Nimble Solutions Ltd IPO (Lex Nimble Solutions IPO) Detail

Mar 12, 2018 - Mar 23, 2018

Incorporated in 2012, Lex Nimble Solutions Ltd is engaged in business of Appraisal Advisory, Certification, training and related services on quality models, IT product and development and services. Lex Nimble Solutions Ltd. (LNSL) is a subsidiary of Lex Nimble Solutions Inc., USA that holds 97.81% stake in the company. The major revenue streams are:

1. IT application development, maintenance and support:
They offer back office support in developing customer centric applications along with maintenance and support services.

2. Development and maintenance of portals and mobile applications:
They offer support in developing and maintaining enterprise information portals or corporate portals. They also develop location aware mobile solutions. They have recently done development of mobile application and web application compatibility for Dubai port authority

3. Corporate training:
They offer customized training which includes understanding client specific needs and training them.

4. Consulting:
They have done several assignments in the areas of Quality management system implementation, Six sigma implementation, Information security consulting, Security testing related assignments. Company recently acquired the CMMI level 2 certification and now plans to foray into new segments of business.

Lex Nimble Solutions IPO Details

IPO Date Mar 12, 2018 to Mar 23, 2018
Listing Date Apr 4, 2018
Face Value ₹10 per share
Price ₹57 per share
Lot Size 2000 Shares
Total Issue Size1,112,000 shares
(aggregating up to ₹6.34 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Lex Nimble Solutions IPO Reservation

Other Shares Offered0 (0.00%)
Other Shares Offered528,000 (47.48%)
Retail Shares Offered528,000 (47.48%)
Market Maker portion56,000 shares
Total Shares Offered1,112,000

Lex Nimble Solutions IPO Lot Size

The Lex Nimble Solutions IPO lot size is 2000 shares.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹114,000
Retail (Max) 1 2000 ₹114,000
Lot Size Calculator

Lex Nimble Solutions IPO Subscription Status (Bidding Detail)

The Lex Nimble Solutions IPO is subscribed 1.12 times on Mar 23, 2018 5:00:00 PM. The public issue subscribed 0.25 times in the retail category, times in the QIB category, and 2.00 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Lex Nimble Solutions IPO Review (Avoid)

[Dilip Davda]  

Issue is highly priced compared to its inconsistent performance so far. Paid up equity is rising from Rs. 0.51 crore to Rs. 4.19 crore. There is no harm in giving this issue a miss.

Read detail review...

Objects of the Issue

The object of the issue are to:

1. Foraying into CMMI consulting.
2. Establishment as an ISO certifying body.
3. Customisation of the product SimpleLaw for the Indian market.
4. General Corporate purposes.
5. Issue Expenses.

Lex Nimble Solutions IPO Prospectus

Lex Nimble Solutions IPO Rating

Rating:Rated 3.1 stars
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Lex Nimble Solutions IPO Listing Details

Listing Date Apr 4, 2018
BSE Script Code 541196
NSE Symbol
ISIN INE860Y01019
Final Issue Price ₹57 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Company Contact Information

Lex Nimble Solutions Ltd
Q3 Module A1 10th Floor,
Cyber Towers Hitec City,
Hyderabad - 500081
Phone: +91-40-23122330
Email: investment@lexnimble.in
Website: http://www.lexnimble.in

Lex Nimble Solutions IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Lex Nimble Solutions IPO Analysis

Lex Nimble Solutions IPO Recommendation Summary

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

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SME IPO Enquiry

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Lex Nimble Solutions IPO FAQs

Lex Nimble Solutions IPO is a SME IPO of 1,112,000 equity shares of the face value of ₹10 aggregating up to ₹6.34 Crores. The issue is priced at ₹57 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Mar 12, 2018, and closes on Mar 23, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Lex Nimble Solutions IPO opens on Mar 12, 2018 and closes on Mar 23, 2018.

Lex Nimble Solutions IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Lex Nimble Solutions 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 Lex Nimble Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lex Nimble Solutions IPO allotment status.

The Lex Nimble Solutions IPO listing date is on Apr 4, 2018.
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Lex Nimble Solutions IPO Message Board

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



11. Vishh |   Link |Apr 2, 2018 2:13:20 PM
anyone tracking GM Premium/ Discount?
10. Saket Kansal |   Link |Mar 21, 2018 7:18:26 AM
They have not even given there financial of the company...

Where to see that from
9. Suryaprathap |   Link |Mar 20, 2018 4:45:50 AM
The Verified company is genuine, recommended for IPO.

The new way of business plans and quality/process development.
8. Saket Kansal |   Link |Mar 19, 2018 10:04:23 PM
What do you think its opening price will be.... Currently no past data record.
7. Sreekanth |   Link |Mar 19, 2018 7:06:16 PM
The trusted and genuine company, They are planned to increase the company size (more than 5 times, Business, employees, turnover).

100% genuine company and they we will show 100% genuine information/records.
6. Navkant |   Link |Mar 17, 2018 3:42:52 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Lemontree following iSec on 26-Mar.
5. IPOANALYSIS |   Link |Mar 16, 2018 10:15:39 PM
4. IPOANALYSIS |   Link |Mar 13, 2018 9:51:29 AM
Expensive issue. It must have priced tissue issue when market were doing good well. Not even a 10 rs issue
4.1. DownriteVJ |   Link |Mar 13, 2018 4:55:48 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
3. DownriteVJ |   Link |Mar 12, 2018 2:41:05 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Lex Nimble
RII 0.01X
Overall 0.03X

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RII 0.03X
Overall 0.13X

Marvel Decor
RII 0.01X
Overall 0.15X

Macpower CNC
RII 0.65X
Overall 0.59X
2. IPO Success |   Link |Mar 9, 2018 6:11:11 AM
Avoid for sure.
1. Aniketiaf |   Link |Mar 3, 2018 3:51:51 PM (1800+ Posts, 10200+ Likes)
GMP of H G Infra is 7-8
GMP of BANDHAN BANK is 34-38.