NIKS Technology Limited IPO Detail
rated 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 services
- Digital 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 Strengths
- Rich management experience.
- Domain expertise and technical excellence.
- Quality services and customer loyalty.
- Continue to focus on product innovation.
Company Promoters
Mr. Manish Dixit is the promoter of the company.IPO Details
| IPO Opening Date | Mar 19, 2021 |
| IPO Closing Date | Mar 23, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹201 per equity share |
| Market Lot | 600 Shares |
| Min Order Quantity | 600 Shares |
| Listing At | BSE SME |
| Issue Size | ₹2.01 Cr |
| Fresh Issue | 33,200 Eq Shares of ₹10 (aggregating up to ₹0.67 Cr) |
| Offer for Sale | ₹1.35 Cr |
| Retail Portion | - |
IPO Tentative Timetable
The NIKS Technology Limited IPO open date is Mar 19, 2021, and the close date is Mar 23, 2021. The issue may list on Mar 31, 2021.
| IPO Open Date | Mar 19, 2021 |
| IPO Close Date | Mar 23, 2021 |
| Basis of Allotment Date | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat Account | TBA |
| IPO Listing Date | Mar 31, 2021 |
IPO Lot Size
The NIKS Technology Limited IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹120600).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 600 | ₹120600 |
| Maximum | 1 | 600 | ₹120600 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 67.56 | 27.66 | 14.31 |
| 31-Mar-20 | 39.37 | 19.66 | 8.15 |
| 31-Mar-19 | 7.36 | 19.84 | 0.18 |
| 31-Mar-18 | 9.30 | 19.32 | 0.64 |
Objects of the Issue:
The IPO aims to raise money for the following purposes;
- To meet working capital requirements.
- To meet general corporate purposes.
- To meet the issue related expenditures.
