IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size27,00,000 shares (aggregating up to ₹8.10 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 16 Sep 2022
Subscription CloseTue, 20 Sep 2022
Anchor AllotmentThu, 15 Sep 2022
Basis of AllotmentFri, 23 Sep 2022
Initiation of RefundsMon, 26 Sep 2022
Credit of Shares to DematTue, 27 Sep 2022
Listing DateWed, 28 Sep 2022
UPI Mandate Deadline2022-09-20
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8000 shares
P/E Ratio (Pre-IPO)28.57x
Net Offer to Public25,60,000 shares (aggregating up to ₹7.68 Cr)
Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.4200 Cr)
Pre-IPO Promoter Holding62,73,000 shares
Post-IPO Promoter Holding89,73,000 shares
About Kandarp Digi Smart BPO Ltd.
Incorporated in 2001, Kandarp Digi Smart BPO Limited is engaged in BPO services specializing in the area of support services solutions. The company provides a wide range of support services such as Call Centre, Contact Point Verifications, Site Visits, Document check/Pickup, E-KYC, Skip Tracing, Employee Back Check, Staffing Solutions, Payroll Management, Payment Collections (soft), AMC Booking Services etc. to its clients and specializes in providing End to End solutions to customers/clients.The company has been in the current business line for more than 20 years and the client lists include various banks, insurance companies, financial service companies, etc. The company also helps clients with voice support services, field support services and Back Office Processing Services to provide a comprehensive range of services across all industry sectors to clients who need specialist assistance.Kandarp Digi Smart BPO Limited has a Distribution Network all over India covering most parts of India and providing services across all cities of India.Strengths :Distribution Network.Experienced management and a well-trained employee base.Existing client relationship.Diversified customer base and revenue sources.Increasing the efficiency and knowledge of Employees.
Objects of the Issue
Kandarp Digi Smart BPO Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet Working Capital Requirement
6.00
2
2 General Corporate Expenses
1.10
Shareholding & Lock-in
Pre-IPO Promoter Holding
62,73,000 shares
Post-IPO Promoter Holding
89,73,000 shares