Business Standard

Yudiz Solutions Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

44.84 cr

Price Range (₹)

165

Lot Size

800

Min Investment (₹)

1,32,000.00

Listing Exchange

NSE - SME

Open Date

04-Aug-2023

Close Date

08-Aug-2023

Listing Date

17-Aug-2023

Yudiz Solutions Ltd News

    The Shares of Yudiz Solutions Ltd have now been listed.

    Yudiz Solutions Ltd IPO Details

    Initial public offering of up to 27,17,600 equity shares of Rs. 10/- each (Equity Shares) of Yudiz Solutions Limited (YSL or the Company) for cash at a price of Rs. 165/- per equity share (the Issue Price), aggregating to Rs. 44.84 crores (The Issue). Out of the issue, 1,36,800 equity shares aggregating to Rs. 2.26 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 25,80,800 equity shares of face value of Rs. 10/- each at an issue price of Rs. 165/- per equity share aggregating to Rs. 42.58 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.33 % and 25.01 %, respectively of the post issue paid up equity share capital of the company.

    Objective of issue

    Unidentified Acquisition (in India & Abroad). Development of New Product & Technology. Networking & Cabling. Branding & Marketing Expenses. Capital Expenditure. Working Capital Requirement. General Corporate Purposes.

    Yudiz Solutions Ltd Contact Details

    Yudiz Solutions Ltd, T-34 2nd Floor, Okhla Industrial Are, Phase II, New Delhi - 110020

    Phone - 91-011-26387281/83

    Fax -

    Email - secretarial@yudiz.com

    Website - www.yudiz.com