Panache Digilife Ltd IPO (Panache Digilife IPO) Detail

Apr 11, 2017 - Apr 17, 2017

Incorporated in 2007, Panache Digilife Ltd formerly known as Vardhaman Technology Ltd engaged in Information and Communication Technology manufacturing, distribution and services in India and internationally.

The company offers various IT infrastructure products and embedded solutions. They have a diverse product basket comprising of thin clients, point of sales, digital signage, education solutions, healthcare embedded – PC, ATM Kiosk, etc. Recently they have also added GPS Tracking Solutions and televisions to their product portfolio.

They have customers based out of Dubai, Iran, Riyadh, Sri Lanka, etc. To expand their operations, they have recently incorporated a subsidiary in. They are also Local Device Partner (L-OEM or Named Partner) for Microsoft and also have a Microsoft License Agreement. They are authorized to procure Windows, Server & Office Licenses directly from Microsoft. They sell their devices under the brand Name ―Panache‖ with Windows OS, Windows Server & Office Licenses preloaded.

Company Promoters:

The promoters of the company are:

1. Amit Rambhia
2. Nikit Rambhia

Objects of the Issue:

The objects of the Issue are:

1. Working Capital Requirements;
2. General Corporate Purposes.

Panache Digilife IPO Details

IPO DateApr 11, 2017 - Apr 17, 2017
Issue TypeBook Built Issue IPO
Issue Size1,800,000 Eq Shares of ₹10
(aggregating up to ₹14.58 Cr)
Face Value₹10 Per Equity Share
IPO Price₹75 to ₹81 Per Equity Share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME

Panache Digilife IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹129,600
Maximum11600₹129,600

Panache Digilife IPO Subscription Status (Bidding Detail)

Panache Digilife IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Apr 17, 2017 17:00

Panache Digilife IPO Prospectus

Panache Digilife IPO Rating

69
3.3
Rating:Rated 3.3 stars

Vote Here ...

Panache Digilife IPO Listing Date

Listing DateTuesday, April 25, 2017
BSE Script Code
NSE SymbolPANACHE
Listing In
ISININE895W01019
IPO Price₹81 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹81.00
Open:₹84.00
Low:₹84.00
High:₹86.80
Last Trade:₹85.75
Volume:723,200

Panache Digilife IPO Reviews / Ratings

Company Contact Information

Panache Digilife Ltd
Unit No. 201/B, Raheja Plaza-1,
L.B.S. Marg, Ghatkopar (West),
Mumbai - 400 086

Phone: +91 22-25007502
Email: compliance@panachedigilife.com
Website: http://www.panachedigilife.com

Panache Digilife 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

Panache Digilife IPO FAQs

  1. 1. What is Panache Digilife IPO?

    Panache Digilife IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹14.58 Crores.

    The issue price of the IPO is ₹75 to ₹81 Per Equity Share. The minimum order quantity is 1600 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Apr 11, 2017 and closes on Apr 17, 2017.

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

  2. 2. When Panache Digilife IPO will open?

    The Panache Digilife IPO opens on Apr 11, 2017 and closes on Apr 17, 2017.

  3. 3. How to apply for Panache Digilife IPO?

    Panache Digilife 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 Panache Digilife IPO allotment?

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

  5. 5. When is Panache Digilife IPO listing date?

    The Panache Digilife IPO listing date is on Tuesday, April 25, 2017, at NSE SME.
  6. 6. What is the lot size of Panache Digilife IPO?

    Panache Digilife IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

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Panache Digilife IPO Review / Comments

IPOANALYSIS
31. IPOANALYSIS  Apr 21, 2017 15:15
DID NOT LIKE BUSINESS MODEL OF THIS COMPANY SO DIDN''T APPLIED. ITS MORE INTO DISTRIBUTION

THE ONLY THING POSITIVE IS PANTHOMATH EXCEPT THAT DIDN''T FIND ANY REASON TO APPLY

EXPENSIVE P/E, VISIBILITY GROWTH. HENCE GIVEN IT A MISS
IPOANALYSIS
31.5. IPOANALYSIS  Apr 22, 2017 17:31
Hold on to them. Laxmi cotspin and nitiraj .
parker
31.6. parker  Apr 28, 2017 13:04
you gonna really miss this ipo,
what is your analysis ?
almost 25 % return given,
request you to plz don''t create atmosphere of fear..........
Jo
30. Jo  Apr 25, 2017 10:11
Congo to all Kachhi Madu Who alloted PANACHE.... GALA..SOMAYA
Jo
30.2. Jo  Apr 25, 2017 15:50
i got 2 sold at 85.60
times
30.3. times  Apr 26, 2017 13:23
I have never applied for SME IPO, But want to do so. However, my broker icicidirect informed that I cannot sell SME shares using icicidirect. Also, inquired at Kotak securities and they also donot support selling of SME IPO shares online.

Curious to know, how do you guys sell SME IPOs? Is there any online broker for the same?
Please share so that I can also start trading in SME IPOs.

Thanks in advance.
SONMAYA
29. SONMAYA  Apr 24, 2017 18:02
Top Contributor Top Contributor (300+ Posts)
dear gala remove second. thought from yr mind apply..zota..u r right no brainers !!!!!
gala
29.1. gala  Apr 25, 2017 17:32
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Aanje MOH Mai ghee sakar sonmaya Bhai ..... Sonmaya Bhai I refrain to give contact number in public ..... Rather if u wish to talk to me personally m always there on board ....
parker
28. parker  Apr 24, 2017 17:14
listing date ??
plz
SONMAYA
28.1. SONMAYA  Apr 24, 2017 17:56
Top Contributor Top Contributor (300+ Posts)
tommorow...
Peruma
27. Peruma  Apr 23, 2017 10:47
I havenoticied many of the SME Lot''s quantity is reduced to half when the share price goes high.
Any idea when the quantity of a lot will be reduced to half of the quantity?




Is the upper circuit 20% for first 3 days and then 10% from 4th day of listing?
CA HITESH SHAH
26. CA HITESH SHAH  Apr 21, 2017 11:42
ALLOTMENT IS OUT. PLS.CHECK BIGSHARE SITE.
NPT
26.1. NPT  Apr 21, 2017 12:17
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
All the best to the allottees.
NEERAJ GOYAL
26.2. NEERAJ GOYAL  Apr 21, 2017 14:20
Please send link.
I unable to find at that site.
anoop goyal
25. anoop goyal  Apr 21, 2017 13:37
what is current GMP
BhargavDudani
24. BhargavDudani  Apr 21, 2017 10:15
What about allotment ??
NPT
24.1. NPT  Apr 21, 2017 10:38
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Expected today.
Peruma
23. Peruma  Apr 21, 2017 09:06
Any idea about Allotment & listing dates?
CHOCKALINGAM
22. CHOCKALINGAM  Apr 17, 2017 14:33
Any update on PANACHE about subscription details.?
NPT
22.1. NPT  Apr 17, 2017 17:04
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Total subscriptions 41lacs+.
Retail almost two times.
Listing expected on 25th April.
All the best.
Anesh K Vyaas
21. Anesh K Vyaas  Apr 17, 2017 10:17
What can be the premium at the time of listing? and what is the current premium in the grey market?
jagadish abbigeri
20. jagadish abbigeri  Apr 15, 2017 17:32
Any Gmp in Panache ?
bk kothari
19. bk kothari  Apr 15, 2017 16:01
is this strong company any idea about turnover and balance sheet of 5 years
Viraj.
19.1. Viraj.  Apr 16, 2017 01:24
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Panache Digilife IPO Prospectus box me
Rhp click now
Jain vivek
18. Jain vivek  Apr 15, 2017 13:06
No grey market activity in this sme
jagadish abbigeri
17. jagadish abbigeri  Apr 15, 2017 12:26
Panache GMP?
jagadish abbigeri
16. jagadish abbigeri  Apr 15, 2017 12:26
Panache GMP?
times
15. times  Apr 14, 2017 14:30
Can anyone please recommend any good broker who allows both buying and selling SME IPO shares online?
PK Panwar
15.1. PK Panwar  Apr 15, 2017 05:48
Log in to your Internet banking and apply on line, on allotment the same will be credited in you demat account and amount will be debited from your bank account . On the day of its enlistment you can sell or buy the same in lots (not in retail) through your demat account.
Mr Pradeep Kumar
CA nkn
15.2. CA nkn  Apr 15, 2017 12:16
sharekhan goood
times
14. times  Apr 14, 2017 09:57
If I apply for sme ipo through saving bank online account say SBI online, then, Can we sell also through online sbii only? Or how to sell SME ipo shares online? Thanks
times
14.5. times  Apr 14, 2017 11:26
Thanks CLD.
Can you please recommend any broker who allows both buying and selling SME IPO online?

Regards,
KAMMA SIVA RAMA KRISHNA
14.6. KAMMA SIVA RAMA KRISHNA  Apr 14, 2017 11:44
CLD SIR, THANK YOU FOR YOUR KIND CLARIFICATION AND SUGGESTION.
PINAKIN D SHAH
13. PINAKIN D SHAH  Apr 13, 2017 19:36
Any good sme IPO nearby
CA nkn
12. CA nkn  Apr 12, 2017 10:48
ZOTA HEALTHCARE LTD
Issue Open 25/04/2017 --- Issue Close 28/04/2017
Price not final yet.....
Dinesh Analyst
12.1. Dinesh Analyst  Apr 12, 2017 14:47
IPO Update

ZOTA HEALTHCARE LTD

Issue Open 25/04/2017

Issue Close 28/04/2017

Price :- 121-125

Share Lot :- 1000

Amount :- 1,25,000/-


Issue Size: Rs.58 Crore (Biggest SME IPO)

List on NSE Emerge
Dinesh Analyst
12.2. Dinesh Analyst  Apr 12, 2017 14:48

ZOTA HEALTHCARE LTD

Price :- 121-125

Share Lot :- 1000

Amount :- 1,25,000/-

Issue Size: Rs.58 Crore (Biggest SME IPO)






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