Xelpmoc IPO overview – Xelpmoc Design and Tech provides professional and technical consulting services, offering technology services and end-to-end technology solutions and support. Its clients range from entrepreneurs and start-up enterprises to established companies, engaged in e-commerce, transportation and logistics, recruitment, financial services, social networking, and various other industries.
The company provides a wide range of services, including, mobile and web application development, prototype development, thematic product development and data science and analytics assistance.
Xelpmoc also provides services to certain government organizations, including services to enhance and upgrade technology applications and infrastructure requirements.
Xelpmoc started its operations in Bengaluru, India, in 2015 and has since serviced enterprises across four states in India.
Its business operations may broadly be categorized as technology services, and technology solutions/ products.
Xelpmoc design & tech ltd IPO review UPDATED
It also occasionally provides business support to some clients to enable them to set-up their operations.
Xelpmoc Design and Tech promoters – Sandipan Chattopadhyay, Srinivas Koora and Jaison Jose
|Xelpmoc Design and Tech – Upcoming IPO details|
|Subscription Dates||23 – 25 January 2019|
|Price Band||INR62 – 66 per share (retail discount INR3 per share)|
|Fresh issue||INR23 crore|
|Offer For Sale||Nil|
|Total IPO size||INR23 crore|
|Minimum bid (lot size)||200 shares|
|Face Value||INR10 per share|
|Listing On||NSE, BSE|
Objects of the issue
- Purchase of IT hardware and network equipment’s for development centers in Kolkata and Hyderabad – INR5.49 crore
- Purchase of fit outs for new development centers in Kolkata and Hyderabad – INR4.09 crore
- Funding working capital requirements – INR6 crore
- General corporate purposes
- Issue expenses
|Xelpmoc’s financial performance (in INR crore)|
|Profit after tax||-1.67||-2.82||-3.43||-2.24|
|Net margin (%)||-8350||-143.1||-62.0||-59.4|
Xelpmoc Contact Details
Xelpmoc Design and Tech Limited
#17, 4th Floor, Agies Building
1st ‘A’ Cross, 5th Block, Koramangala
Bengaluru – 560 034, Karnataka
Phone: +91 80 4370 8360
Registrar of Xelpmoc IPO
Karvy Fintech Private Limited
Karvy Selenium Tower B, Plot 31-32,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Valuation of Xelpmoc (FY2018)
Earnings Per Share (EPS): -INR3.81
Price/Earnings (P/E) ratio: NA
Return on Net Worth (RONW): -21.11%
Net Asset Value (NAV): INR29.47 per share
Xelpmoc IPO Subscription Details
|Category||Shares offered||Subscription (no.
|Day 1||Day 2||Day 3|
Xelpmoc IPO Allotment Status
Xelpmoc IPO allotment status is now available on Karvy Fintech’s website.
Click on this linkto get allotment status.
Listing Performance of Xelpmoc Design and Tech
IPO Opening Date: 23 January 2019
IPO Closing Date: 25 January 2019
Finalisation of Basis of Allotment: 30 January 2019
Initiation of refunds: 31 January 2019
Transfer of shares to demat accounts: 1 February 2019
Listing Date: 4 February 2019
Listing Price on NSE: INR57 per share (down 9.52% from retail IPO price)
Closing Price on NSE: INR59.85 per share (down 5% from retail IPO price)