Kandarp Digi Smart BPO Ltd IPO Detail
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.
Company Promoters
Mr. Sunil Kumar Rai, Mrs. Meenakshi Pathak and M/s Reliable Data Services Limited are the company promoters.IPO Details
| IPO Opening Date | Sep 16, 2022 |
| IPO Closing Date | Sep 20, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹8.10 Cr |
| Fresh Issue | 2,700,000 shares of ₹10 (aggregating up to ₹8.10 Cr) |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.03x | 0.14x | 0.09x | |
| Day 2 | - | - | 0.23x | 0.82x | 0.52x | |
| Day 3 | - | - | 0.88x | 2.80x | 1.84x |
IPO Tentative Timetable
The Kandarp Digi Smart BPO Ltd IPO open date is Sep 16, 2022, and the close date is Sep 20, 2022. The issue may list on Sep 28, 2022.
| IPO Open Date | Sep 16, 2022 |
| IPO Close Date | Sep 20, 2022 |
| Basis of Allotment Date | Sep 23, 2022 |
| Initiation of Refunds | Sep 26, 2022 |
| Credit of Shares to Demat Account | Sep 27, 2022 |
| IPO Listing Date | Sep 28, 2022 |
IPO Lot Size
The Kandarp Digi Smart BPO Ltd IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120000 |
| Maximum | 1 | 4000 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.91% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 1191.15 | 1012.59 | 111.54 |
| 31-Mar-21 | 1719.64 | 1053.55 | 10.56 |
| 31-Mar-22 | 1860.42 | 1287.84 | 94.04 |
Objects of the Issue:
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses
Kandarp Digi Smart BPO Ltd IPO Registrar:
Skyline Financial Services Private Ltd
Kandarp Digi Smart BPO Ltd IPO Lead Manager(s):
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
Company Contact Information:
Kandarp Digi Smart BPO Ltd
GF-22 Hans Bhawan, Bahadur Saha Zafar Marg
New Delhi
New Delhi
