Incorporated in 2015, Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support.
The company caters entrepreneurs, start-ups and established companies in public and private sector. It provides a wide range of services, including, mobile and web application development, prototype development, thematic product development, data science and analytics assistance.
As of June 30, 2018, the company has served over 23 clients in India. The company intends to leverage its existing business model to enter newer geographies such as the Middle East and North Africa (MENA), United States, United Kingdom, Asia Pacific and Australia.
The Individual Promoters of the company are Sandipan Chattopadhyay, Srinivas Koora; and Jaison Jose. The Individual Promoters hold, in aggregate 7,456,990 Equity Shares representing 73.08% of the pre-issue paid up Equity Share Capital of the Company.
|Particulars||For the year/period ended (in Rs. Thousands)|
|Profit After Tax||(35,032.34)||(28,559.32)|
The objects of the issue are to raise funds to-
1. Purchase of IT hardware and network equipment's for development centres in Kolkata and Hyderabad;
2. Purchase of fit-outs for new development centres in Kolkata and Hyderabad;
3. Funding working capital requirements
4. General corporate purposes.
|Issue Open||Jan 23, 2019 - Jan 25, 2019|
|Issue Type||Book Built Issue IPO|
|Issue Size||[.] Eq Shares of Rs 10 |
(aggregating up to Rs 23.00 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 62 - Rs 66 Per Equity Share|
|Market Lot||200 Shares|
|Min Order Quantity||200 Shares|
|Listing At||BSE, NSE|
|Bid/Offer Opens On||Jan 23, 2019|
|Bid/Offer Closes On||Jan 25, 2019|
|Finalisation of Basis of Allotment||Jan 30, 2019|
|Initiation of Refunds||Jan 31, 2019|
|Credit of Shares to Demat Acct:||Feb 1, 2019|
|IPO Shares Listing Date:||Feb 4, 2019|
|Pre Issue Share Holding||73.08%|
|Post Issue Share Holding|
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