Xelpmoc Design and Tech was incorporated on September 16, 2015. The company is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.
| Bidding Dates |
|---|
| 23 Jan 2019 - 25 Jan 2019 |
| Subscription |
|---|
| 3.25x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,200 | 1 | 15 | 200 | 3.5 M | ₹62 - ₹66 | 74.45 % | ₹217.1 M - ₹231.1 M | RHP DOC |
Xelpmoc Design IPO SUBSCRIPTION STATUS
25 Jan '19Xelpmoc Design IPO overall subscription rate was 3.25 times the total available shares
Xelpmoc Design IPO retail subscription rate was 2.64 times in the retail segment
Xelpmoc Design IPO non-institutional investor subscription rate was 7.69 times in the non-institutional investor category
Xelpmoc Design IPO Qualified Institutional Bidder subscription rate was 1.24 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
25 Jan 2019 (Day 3) | 2.64x | 7.69x | 1.24x |
24 Jan 2019 (Day 2) | 0.79x | 1.66x | 1.22x |
23 Jan 2019 (Day 1) | 0.25x | 0.04x | 0.73x |
Xelpmoc Design FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 6MFY19 | -22.4 | 37.3 | -18.3 | -19.3 |
| FY18 | -34.3 | 54.6 | -48.9 | -51.8 |
| FY17 | -28.2 | 19.3 | -30.6 | -31.3 |
| FY16 | -16.7 | 20.8 | -15.1 | -16.5 |
Xelpmoc Design IPO SUBSCRIPTION STATUS DETAILS
Xelpmoc Design had 3.5 M shares on offer
Xelpmoc Design IPO offer price was in the range ₹62 - ₹66
Xelpmoc Design IPO minimum Investment was ₹13200
Xelpmoc Design IPO issue size was ₹ 217.1 M - ₹ 231.1 M
Xelpmoc Design had a minimum lot size of 200 Shares per application
Xelpmoc Design NUMBER OF SHARES ON OFFER
Xelpmoc Design IPO IMPORTANT DATES
| Issue Open Date | 23 Jan 2019 |
| Issue close Date | 25 Jan 2019 |
| Allotment Date | 30 Jan 2019 |
| Refund Date | 31 Jan 2019 |
| Demat Account Credit Date | 01 Feb 2019 |
| Listing Date | 04 Feb 2019 |
| Listing on Exchange(s) | NSE and BSE |
| Xelpmoc Design Allotment Status | Exchange |
Xelpmoc Design IPO subscription opened on 23 Jan 2019, and closed on 25 Jan 2019
IPO allotment for Xelpmoc Design was finalized on Wednesday, 30 Jan 2019
IPO listing for Xelpmoc Design was on NSE and BSE on Monday, 04 Feb 2019
Xelpmoc Design IPO LISTING GAINS
| Issue Price (adjusted) | 66.0 |
| Listing Open Price | 56.0 |
| Listing Close Price | 59.9 |
| Listing Gain% | -15.2% |
| Current Gain% | 23.6% |
Xelpmoc Design Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Xelpmoc Design and Tech Ltd. | 81.6 | 111.8 | -15.9 | -1 | 32.4 | -10.1 | -8.9 | 4.5 | -7.1 | -7.6 | 6 | -5.1 | 15.5 |
| One97 Communications Ltd. | 1441.6 | 92425.7 | 142.2 | 1.2 | 10.3 | 3.4 | 2.3 | 9291 | 21.9 | 553 | 184 | 10.1 | 114.7 |
| PB Fintech Ltd. | 1604.5 | 74239.4 | 99.2 | 1 | 10.1 | 9.2 | 7.7 | 7166.4 | 33.1 | 669.9 | 89.8 | 16.2 | 98.3 |
| Affle 3I Ltd. | 1645.6 | 23183.1 | 48.5 | 2.5 | 8.2 | 12.4 | 10.3 | 2787.6 | 18.1 | 454.9 | 19.1 | 33.9 | 19.2 |
| Pine Labs Ltd. | 154.4 | 17820.2 | 140 | 0.7 | 6.3 | 1.9 | 0.8 | 2847.2 | 22.3 | 112.5 | 177.3 | 1.1 | 212.8 |
| Fractal Analytics Ltd. | 817.7 | 14061.6 | 42.8 | 4.1 | 9.2 | 6.6 | 3362.6 | 19.4 | 292.2 | 31 | 19.1 |
Xelpmoc Design INFORMATION ON IPO ISSUE
About Xelpmoc Design
Xelpmoc Design and Tech was incorporated on September 16, 2015. The company is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.
Object of the Issue
- Purchase of IT hardware and network equipment's for development centres in Kolkata and Hyderabad
- Purchase of fit-outs for new development centres in Kolkata and Hyderabad
- Funding working capital requirements
- General corporate purposes
Xelpmoc Design - PROMOTERS
| Name |
|---|
| Sandipan Chattopadhyay |
| Srinivas Koora |
| Jaison Jose |
Xelpmoc Design Book Running Lead Manager
ITI Capital Limited
xelp.ipo@iticapital.in
Xelpmoc Design Registrar to the Offer
Karvy Fintech Private Limited
einward.ris@karvy.com
Xelpmoc Design Strengths
End-to-end solutions and support
The company's range of end-to-end technology-based products, services and solutions comprises technology products and systems, integration solutions and infrastructure management services
Organization structure that enhances client service
Business is structured based on service offerings. This enables clients to access the entire platform of services the company offers along with professionals within those service verticals, regardless of the location of the project
Experienced team
The company has an experienced management team with four members of our senior management having worked at senior management levels in established companies across various industries
Xelpmoc Design Risks
Limited operating history
The company has a limited operating and financial history, which makes it difficult to accurately assess future growth prospect
Sales cycle
The length of sales cycle may fluctuate significantly and depends on several external factors which may result in significant fluctuations in revenues
IPO FAQs
The promoters of the company are Sandipan Chattopadhyay, Srinivas Koora and Jaison Jose.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 62.0 - 66.0.
The IPO application opens on Jan 23, 2019 and closes on Jan 25, 2019.
The minimum lot size for the IPO is 200. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 13,200.0, the maximum value for this IPO is Rs 198,000.0.
This IPO will be allotted on Jan 30, 2019.
The refund will be credited to your account on Jan 31, 2019.
The allotted shares will be credited to your demat on Feb 01, 2019.
Xelpmoc Design and Tech Ltd.’s shares listed on the stock exchanges on Feb 04, 2019.