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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.

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

Nintec Systems IPO Date Mar 29, 2016 to Apr 6, 2016
Nintec Systems IPO Face Value ₹10 per share
Nintec Systems IPO Price ₹10 per share
Nintec Systems IPO Lot Size 10000 Shares
Issue Size1,880,000 shares of ₹10
(aggregating up to ₹1.88 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are:

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

Nintec Systems IPO Lot Size

The Nintec Systems IPO 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
Minimum 1 10000 ₹100,000
Maximum 2 20000 ₹200,000

Nintec Systems IPO Review

This being at par issue, risk savvy investors with surplus funds may consider it for long term investment. Read detail review...

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Nintec Systems IPO Prospectus

Nintec Systems IPO Rating

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Rating:Rated 3.5 stars
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Nintec Systems IPO Listing Date

Listing Date Monday, April 18, 2016
BSE Script Code 539843
NSE Symbol
Listing In M Group of Securities
ISIN INE395U01014
IPO Price ₹10 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹11.70
₹11.12
₹12.00
₹11.40

Company Contact Information

Nintec Systems Ltd
B-11 Corporate House,
SG Highway, Bodakdev,
Ahmedabad-380054
Phone: +91-7940393909
Email: cs@nintecsystems.com
Website: http://www.nintecsystems.com

Nintec Systems IPO Registrar

Bigshare Services Pvt Ltd

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

Nintec Systems IPO Reviews / Ratings

Nintec Systems IPO FAQs

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 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 .

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.

The Nintec Systems IPO listing date is on Monday, April 18, 2016.
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Nintec Systems IPO Message Board

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4 Comments

4. JGlo |   Link |Apr 8, 2016 12:20:39 AM
this ipo got over subscribed by over 2 times. would like to closely follow this company.
3. fraudiya |   Link |Apr 4, 2016 4:57:26 PM
Fraudiya company :)
2. IPOANALYSIS |   Link |Mar 30, 2016 4:28:42 PM
HAHAH

IS THIS A JOKE. A COMPANY WITH MERE 80 LAC TUNOVER YEARLY WANTS TO COLLECT 1.88 CRORE FROM MARKET

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 |   Link |Mar 26, 2016 9:14:42 PM
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