Business Standard

Ksolves India Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

4.02 cr

Price Range (₹)

100

Lot Size

1200

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

23-Jun-2020

Close Date

26-Jun-2020

Listing Date

06-Jul-2020

Ksolves India Ltd News

    The Shares of Ksolves India Ltd have now been listed.

    Ksolves India Ltd IPO Details

    Initial public issue of 4,02,000 equity shares of face value of Rs. 10 each (equity shares) of Ksolves India Limited (The Company or Issuer) for cash at a price of Rs. 100.00 per equity share (including a share premium of Rs. 90.00 per equity Share) (Issue Price) aggregating to Rs. 4.02 crores (Issue) of which 20,400 equity shares of face value of Rs. 10.00 eachfor a cash price of Rs. 100.00 per equity share, aggregating to Rs. 0.20 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 3,81,600 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 100.00 per equity share aggregating to Rs. 3.82 crores (The Net Issue). The issue and the net issue will constitute 27.13% and 25.75%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is Rs. 100. The Issue price is 10.00 times of the face value.

    Objective of issue

    To meet working capital requirement. General corporate expenses.

    Ksolves India Ltd Contact Details

    Ksolves India Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@ksolves.com

    Website - www.ksolves.com