Incorporated in 2011, Mindpool Technologies Limited is a Pune based company engaged in the business of providing Oracle Consultancy Services, IT staffing and solutions, and Corporate Training Services. The company offers these services across industries including automotive and engineering, banking and financial services, healthcare, retail, telecom, and Entertainment in India and US.
As of March 31, 2018, the company has served 22 clients. Some of the key clients of the company include Clairvoyant India Private Limited, Herbalife International India Private Ltd, HTC Global Services (India) Private Ltd, Inspirage Software Consulting Private Limited, and Opalforce INC etc
The company has 103 employees on its payroll.
The total revenue of the Company stood at Rs.1081.35 lakhs, Rs.2043.36 lakh, Rs.2537.77 lakhs and Rs.2078.07 lakh, for the period ended September 30, 2018, and fiscal years 2018, 2017 and 2016 respectively.
The Profit After Tax (PAT) stood at Rs. 146.20 lakhs, Rs. 163.22 lakh, Rs 129.25 lakh and Rs. (33.42) lakhs for the period ended September 30, 2018, and fiscal years 2018, 2017 and 2016 respectively.
Competitive Strengths of the Company-
1. A diverse range of services
2. Presence in the USA through a subsidiary company
3. Recurring business from established clients
The promoters of the company are Ritesh R Sharma and Poonam R Sharma. The promoters hold 99.10 % of the pre-issued Equity Share capital of the company.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |||
| Total Assets | 1,556.36 | 1,393.26 | 1,679.83 | 1,315.05 | ||
| Total Revenue | 1,081.35 | 2,043.36 | 2,537.77 | 2,078.07 | ||
| Profit After Tax | 146.19 | 163.22 | 129.25 | (33.42) | ||
The objects of the Issue are to meet:
1. Working Capital Requirement- Rs 190.00 lakhs
2. Repayment of a portion of Bank Borrowings- Rs 44.00 lakhs
3. General Corporate purpose- Rs 33.40 lakhs
4. Issue Expenses- Rs 92.60 lakhs
| IPO Date | Feb 14, 2019 - Feb 20, 2019 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,200,000 Eq Shares of ₹10 (aggregating up to ₹3.60 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹30 Per Equity Share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
| Pre Issue Share Holding | 99.10% |
| Post Issue Share Holding | 71.27% |
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 568,000 | 568,000 | 1,136,000 |
Feb 20, 2019 17:00 | 2.53x | 1.65x | 2.09x |
| Listing Date | Thursday, February 28, 2019 |
| BSE Script Code | |
| NSE Symbol | MINDPOOL |
| Listing In | |
| ISIN | INE00RQ01019 |
| IPO Price | ₹30 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Mindpool Technologies Limited
Unit No. 102/9 1st Floor, Building
Building „C‟, Pune IT Park,
Bopodi, Pune-411020
Phone: 020 66240088
Email: info@mindpooltech.com
Website: http://www.mindpooltech.com/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Mindpool Technologies IPO is a SME IPO of 1,200,000 equity shares of the face value of ₹10 aggregating up to ₹3.60 Crores.
The issue price of the IPO is ₹30 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Mindpool Technologies IPO opens on Feb 14, 2019 and closes on Feb 20, 2019.
Mindpool Technologies 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.
The finalization of Basis of Allotment for Mindpool Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mindpool Technologies IPO allotment status.
Mindpool Technologies IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
Guaranteed Save 60% to 90% Brokerage
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Guru (1300+ Posts, 900+ Likes)
Top Contributor (300+ Posts, 100+ Likes)
IPO Mentor (700+ Posts, 1200+ Likes)