IPO Issue Details
Issue Price / Price Band₹201 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size1,00,200 shares (aggregating up to ₹2.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 19 Mar 2021
Subscription CloseTue, 23 Mar 2021
Anchor AllotmentThu, 18 Mar 2021
Basis of AllotmentMon, 29 Mar 2021
Initiation of RefundsTue, 30 Mar 2021
Credit of Shares to DematTue, 30 Mar 2021
Listing DateWed, 31 Mar 2021
UPI Mandate Deadline2021-03-23
Application & Investment Details
Retail — Min (1 Lots)₹1,20,600 — 600 shares
Retail — Max (13 Lots)₹1,567,800 (13 Lots)
HNI — Min (2 Lots)₹2,41,200 — 1,200 shares
P/E Ratio (Pre-IPO)119.64x
Net Offer to Public94,800 shares (aggregating up to ₹1.91 Cr)
Reserved for Market Maker5,400 shares (aggregating up to ₹0.1085 Cr)
Pre-IPO Promoter Holding3,30,000 shares
Post-IPO Promoter Holding3,63,200 shares
Fresh Issue Shares27,800 shares (aggregating up to ₹0.5588 Cr)
Offer for Sale Shares67,000 shares of ₹10 (aggregating up to ₹1.35 Cr)
About NIKS Technology Ltd.
Incorporated in 2014, NIKS Technology Limited is an IT solution service provider company. The business offers a range of services i.e. Digital Marketing, Software Development, website development, mobile app development, and classroom training and certification courses to students via offline and online routes. Its diversified product portfolio caters to the growing demand of the IT sector.Products and servicesDigital Marketing: SEO, SEM, content marketing, content automation, e-commerce, social media marketing, etc.Online & Offline courses: Cybersecurity, digital marketing, Internet of things (IoT), Machine Learning, Artificial Intelligence, web development, software development, Programming language, etc.Software Development: PHP Development, AJAX Development, MySQL Development, .NET Development, J2EE, SharePoint Development.Web Development: Website designing, PHP Design, and application, website hosting, website redesigning, website support and maintenance, etc.Competitive StrengthsRich management experience.Domain expertise and technical excellence.Quality services and customer loyalty.Continue to focus on product innovation.
Objects of the Issue
NIKS Technology Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working capital requirements of our Company
0.50
2
2 General Corporate Purposes
0.04
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,30,000 shares
Post-IPO Promoter Holding
3,63,200 shares