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Nintec Systems Ltd IPO (Nintec Systems IPO) Detail

Mar 29, 2016 - Apr 6, 2016

Incorporated in 2015, Nintec Systems Ltd is a provider of software development services and solutions. They are specialize in providing offshore software product development, software migration, multimedia design & development, application development & maintenance, web designing, digitization of engineering drawings, and search engine optimization.

Nintec Systems customer base includes companies from diverse industry verticals like Automotive, Print Media & Publishing, Banking, Financial Services & Insurance (BFSI), Transportation and Logistics.

Company Promoters:

The Promoters of the Company are:

1. Mr. Niraj C. Gemawat
2. Mr. Indrajeet A. Mitra

Objects of the Issue:

The object of the issue are to:

1. To part-finance incremental working capital requirements;
2. General corporate expenses;
3. Issue Expenses.

Nintec Systems IPO Details

Issue OpenMar 29, 2016 - Apr 6, 2016
Issue TypeFixed Price Issue IPO
Issue Size1,880,000 Eq Shares of ₹10
(aggregating up to ₹1.88 Cr)
Face Value₹10 Per Equity Share
Issue Price₹10 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

Nintec Systems IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Nintec Systems IPO Prospectus

Nintec Systems IPO Rating

Rating:Rated 3.5 stars

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Nintec Systems IPO Listing Date

Listing DateMonday, April 18, 2016
BSE Script Code539843
NSE Symbol
Listing InM
Issue Price₹10 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

Issue Price
Last Trade

Nintec Systems IPO Reviews / Ratings

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Company Contact Information

Nintec Systems Ltd
B-11 Corporate House,
SG Highway, Bodakdev,

Phone: +91-7940393909
Email: cs@nintecsystems.com
Website: http://www.nintecsystems.com

Nintec Systems IPO Registrar

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

Nintec Systems IPO FAQs

  1. 1. What is Nintec Systems IPO?

    Nintec Systems IPO is an SME initial public offering of 1,880,000 equity shares of the face value of ₹10 aggregating up to ₹1.88 Crores.

    The issue price of the IPO is ₹10 Per Equity Share. The minimum order quantity is 10000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Mar 29, 2016 and closes on Apr 6, 2016.

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

  2. 2. When Nintec Systems IPO will open?

    The Nintec Systems IPO opens on Mar 29, 2016 and closes on Apr 6, 2016.

  3. 3. How to apply for Nintec Systems IPO?

    Nintec Systems 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 Nintec Systems IPO allotment?

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

  5. 5. When is Nintec Systems IPO listing date?

    The Nintec Systems IPO listing date is on Monday, April 18, 2016, at BSE SME.

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Nintec Systems IPO Review / Comments

4. JGlo  Apr 8, 2016 00:20 I Like It. | Report Abuse
this ipo got over subscribed by over 2 times. would like to closely follow this company.
3. fraudiya  Apr 4, 2016 16:57 I Like It. | Report Abuse
Fraudiya company :)
2. IPOANALYSIS  Mar 30, 2016 16:28 I Like It. | Report Abuse


WHAT A WASTE COMPANY. THIS IS A 2 RS STOCK . PLEASE IGNORE SUCH COMPANIES. Even a small business shop earn sales of excess to 1 crore yearly and this one has 80 lac turnover. is this a joke?
1. atul  Mar 26, 2016 21:14 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
It is more of start up like thing.they r looking very small capital and have p/e alomost lowest.cash flow is negative.I m confused that r they really want money to grow?
Pl comment

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