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Reliable Data IPO is a fixed price issue of Rs 14.82 crores.
Reliable Data IPO bidding started from September 27, 2017 and ended on October 3, 2017. The shares got listed on NSE SME on October 11, 2017.
Reliable Data IPO price is ₹57 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹114,000.
Swastika Investmart Ltd is the book running lead manager of the Reliable Data IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.
Refer to Reliable Data IPO RHP for detailed information.
| IPO Date | September 27, 2017 to October 3, 2017 |
| Listing Date | October 11, 2017 |
| Face Value | ₹10 per share |
| Price | ₹57 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,600,000 shares (aggregating up to ₹14.82 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹114,000 |
| Retail (Max) | 1 | 2000 | ₹114,000 |
| Lot Size Calculator | |||
Incorporated in 2001, Reliable Data Services is Delhi based IT service provider offering services in areas including management services, transaction processing services, human resources services and other allied services. Reliable Data provide these IT enabled services to banks, financial institutions and manufacturing industries.
Reliable Data has expanded its business through its nine subsidiary companies. The services offered by the company as listed as below:
1. Transaction Processing Services
� Pick-up and processing cheques / Drafts / Documents from clients.
� Back office support for Bank clearances and to expedite remittances.
� Coordinating Funds activity between banks and their clients.
� Follow-up with correspondent banks to expedite the early clearance of cheques and remittances against the same.
� Follow-up with your correspondent banks for old outstanding amount of up country cheques sent for clearance.
� Specialized collection of cheque and tracking of same and reporting at the frequency mentioned by the client.
� Collection of Duplicate DDs against the lost / mutilated or time barred instruments.
2. Human Resources Services
� Recruitment solutions including placement services.
� Payroll Processing.
� Outsourcing solutions related to manpower.
� Basic training facility to candidates.
� Management Compensation Planning.
� Bulk Return filing.
� Provident fund and ESI related services.
3. Management Services
� Business Consulting Services.
� Designing and installing system for budgetary control, fund management and costing.
� Designing of Accounting and Office records.
� MIS and System review.
� Financial projections and modeling.
� Business Valuations.
� Due diligence reviews.
� Strategic Financial Management.
� Project feasibility studies.
4. Other Services
� Digitization of records with high quality scanning.
� Bulk Data entry job work, assisting the clients with bulk entry of data within restricted time. Merchant Servicing. Management of �DROP BOXES� and complete process of collections including MIS Reporting.
� Management of Authorisation Centres.
� Delivery and tracking of documents/bills to customers. Total mail management.
� Pick-up and processing of Charge Slips.
� Verification, physical as well as telephonic of addresses and details of new subscribers.
� Complete handling of IPOs i.e. collection of subscription forms from syndicators, data entry of the forms and encoding of cheques.
� Process review and restructuring.
The proceeds from the public issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. Pre-payment of Loan
3. To meet Capital Expenditure
4. General Corporate Purpose
5. To Meet the Issue Expenses
[Dilip Davda] Considering high price offer, there is no harm in giving it a miss. Read detail review...
The Reliable Data IPO is subscribed times on Oct 3, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | October 11, 2017 |
| BSE Script Code | |
| NSE Symbol | RELIABLE |
| ISIN | INE375Y01018 |
| Final Issue Price | ₹57 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹57.00 |
| ₹68.40 |
| ₹68.40 |
| ₹68.40 |
| ₹68.40 |
Reliable Data Services Limited
GF-22, Hans Bhawan,
1, Bahadur Shah Zafar Marg, ITO,
New Delhi, East Delhi 110002
Phone: +91-120-4089177
Email: cs@rdspl.com
Website: http://www.rdspl.com
Skyline Financial Services Private Ltd
Phone: 02228511022
Email:
Website: https://www.skylinerta.com/ipo.php
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Reliable Data IPO is a SME IPO of 2,600,000 equity shares of the face value of ₹10 aggregating up to ₹14.82 Crores. The issue is priced at ₹57 per share. The minimum order quantity is 2000 Shares.
The IPO opens on September 27, 2017, and closes on October 3, 2017.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Reliable Data IPO opens on September 27, 2017 and closes on October 3, 2017.
Reliable Data IPO lot size is 2000 Shares, and the minimum amount required is ₹114,000.
You can apply in Reliable Data 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Reliable Data IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Reliable Data IPO allotment status.
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