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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.
The Promoters of the Company are:
1. Mr. Niraj C. Gemawat
2. Mr. Indrajeet A. Mitra
The object of the issue are to:
1. To part-finance incremental working capital requirements;
2. General corporate expenses;
3. Issue Expenses.
| IPO Opening Date | Mar 29, 2016 |
| IPO Closing Date | Apr 6, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,880,000 Eq Shares of ₹10 (aggregating up to ₹1.88 Cr) |
The Nintec Systems IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
| Listing Date | Monday, April 18, 2016 |
| BSE Script Code | 539843 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE395U01014 |
| IPO Price | ₹10 per equity share |
| Face Value | ₹10 per equity share |
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Nintec Systems Ltd
B-11 Corporate House,
SG Highway, Bodakdev,
Ahmedabad-380054
Phone: +91-7940393909
Email: cs@nintecsystems.com
Website: http://www.nintecsystems.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Nintec Systems IPO is a SME IPO of 1,880,000 equity shares of the face value of ₹10 aggregating up to ₹1.88 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.
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.
The Nintec Systems IPO opens on Mar 29, 2016 and closes on Apr 6, 2016.
Nintec Systems IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.
You can apply in Nintec Systems 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
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.
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