Xelpmoc Design & Tech Ipo

Xelpmoc design & tech ipo

Xelpmoc design & tech ipo

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 design & tech ipo

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 Dates23 – 25 January 2019
Price BandINR62 – 66 per share (retail discount INR3 per share)
Fresh issueINR23 crore
Offer For SaleNil
Total IPO sizeINR23 crore
Minimum bid (lot size)200 shares
Face Value INR10 per share
Retail Allocation10%
Listing OnNSE, 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)
FY2016FY2017FY2018H1 FY2019
Total revenues0.021.975.533.77
Total expenses1.694.778.956.07
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
Email:[email protected]
Website: www.xelpmoc.in

Registrar of Xelpmoc IPO

Karvy Fintech Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
[email protected]
Website: www.karvyfintech.com

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
CategoryShares offeredSubscription (no.

of times)

Day 1Day 2Day 3
QIB1,112,9040.721.221.24
NII556,4510.041.657.68
Retail370,9670.240.792.63
Total2,040,3220.451.263.25
Xelpmoc IPO Allotment Status

Xelpmoc IPO allotment status is now available on Karvy Fintech’s website.

Xelpmoc design & tech ipo

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)