ADJIA Technologies Limited IPO Detail
ADJIA Technologies Limited offers augmented reality and virtual reality related to customers electronically. It further offers software consultancy-related services to clients.
The company provides VR AR 360 based products and services to customers across industries i.e. manufacturing, reality, marketing, e-commerce, education, real estate, hospitality, etc.
Competitive Strengths
- High quality service standards.
- Technological advancement and product innovation.
- Experienced management.
- Strong customer relationship.
Company Promoters
Mr. Roshan Kumar Rawal is the promoter of the company.IPO Details
| IPO Opening Date | Mar 02, 2021 |
| IPO Closing Date | Mar 04, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹74 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | BSE SME |
| Issue Size | ₹2.00 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | - |
IPO Tentative Timetable
The ADJIA Technologies Limited IPO open date is Mar 02, 2021, and the close date is Mar 04, 2021. The issue may list on Mar 15, 2021.
| IPO Open Date | Mar 02, 2021 |
| IPO Close Date | Mar 04, 2021 |
| Basis of Allotment Date | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat Account | TBA |
| IPO Listing Date | Mar 15, 2021 |
IPO Lot Size
The ADJIA Technologies Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹118400).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹118400 |
| Maximum | 1 | 1600 | ₹118400 |
IPO Promoter Holding
| Pre Issue Share Holding | 94.10% |
| Post Issue Share Holding | 65.20% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Sep-20 | 67.92 | 17.27 | 5.60 |
| 31-Mar-20 | 4.05 | 10.45 | 1.88 |
| 31-Mar-19 | 1.66 | - | 0.06 |
| 31-Mar-18 | 1.67 | - | 0.20 |
Objects of the Issue:
The IPO aims to raise money for the following purposes;
- To fund the equipment purchase.
- To take marketing initiatives.
- To meet general corporate purposes.
