IPO Issue Details
Issue Price / Price Band₹69 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size6,08,000 shares (aggregating up to ₹4.20 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 09 Sep 2016
Subscription CloseMon, 19 Sep 2016
Anchor AllotmentThu, 08 Sep 2016
Basis of AllotmentSun, 25 Sep 2016
Initiation of RefundsMon, 26 Sep 2016
Credit of Shares to DematMon, 26 Sep 2016
Listing DateTue, 27 Sep 2016
UPI Mandate Deadline2016-09-19
Application & Investment Details
Retail — Min (1 Lots)₹1,38,000 — 2,000 shares
Retail — Max (13 Lots)₹1,794,000 (13 Lots)
HNI — Min (2 Lots)₹2,76,000 — 4,000 shares
Net Offer to Public5,76,000 shares (aggregating up to ₹3.97 Cr)
Reserved for Market Maker32,000 shares (aggregating up to ₹0.2208 Cr)
Pre-IPO Promoter Holding16,73,250 shares
Post-IPO Promoter Holding22,81,250 shares
About Husys Consulting Ltd.
Incorporated in 2005, Husys Consulting Ltd provides human resource consulting and outsourcing services. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal. They offer human resource management, executive and management training development, organizational restructuring, goal setting and planning, executive searching and employment verification services. Additionally, the company provides conflict, performance, compensation, and benefits management services.Husys main focus is to be the most innovative, trusted partner in delivering cost-effective solutions in the arena of Human Resources Development to the Industry & Society. Visit chittorgarh.com for more detail. HCL provides service products/solutions that are Customized, Cost & Time effective for Business.
Objects of the Issue
Husys Consulting Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To repay existing working capital facilities of the Company
1.65
2
2 Development of Cloud based HR Software Platform and Upgradation of the existing IT infrastructure for 4 existing branches and 4 new branches
1.60
3
3 Domestic and International Marketing and Business Development
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
16,73,250 shares
Post-IPO Promoter Holding
22,81,250 shares