Yudiz Solutions Limited IPO Detail
Incorporated in 2012, Yudiz Solutions Limited is engaged in the business of providing IT solutions and consultancy services. Yudiz Solutions Limited is a digital transformation and technology services company.
The services include mobile app development, game development, Blockchain, AR/ VR, web development, Website design & Development, Website Maintenance & Support, E-Commerce Web Apps and Portal Development, Mobile App Prototype Development, Hybrid Apps Development, Android/iOS App Development, PC/Mobile Game Development, Digital Marketing, White Label Product Development and more.
Yudiz Solutions Limited also provides various solutions in Mobile, Web, AR/VR, UI/UX and IoT through integrating trending technologies. The company's platforms are News Platform, E-commerce Bidding Platform, On-Demand Services Platform, VR Training platform, Upskilling Industry specific VR platform, HR Intelligence software and more.
Competitive Strength
- Seasoned management team with domain expertise supported by a professional workforce
- Integrated business model offering one-stop-shop solutions
- Low attrition rate
Company Promoters
Bharat Shamjibhai Patel, Chirag Rajendrakumar Leuva and Pratik Bhaskarbhai Patel and Ability Games Limited are the company promoters.IPO Details
| IPO Opening Date | Aug 04, 2023 |
| IPO Closing Date | Aug 08, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹162 - 165 per equity share |
| Market Lot | 800 Shares |
| Min Order Quantity | 800 Shares |
| Listing At | NSE SME |
| Issue Size | ₹44.84 Cr |
| Fresh Issue | 2,717,600 shares (aggregating up to ₹44.84 Cr) |
| Offer for Sale | - |
| Retail Portion | 33.41% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 1.76x | - | - | 1.26x | 2.59x | 2.07x |
| Day 2 | 2.81x | - | - | 4.77x | 6.41x | 5.03x |
IPO Tentative Timetable
The Yudiz Solutions Limited IPO open date is Aug 04, 2023, and the close date is Aug 08, 2023. The issue may list on Aug 17, 2023.
| IPO Open Date | Aug 04, 2023 |
| IPO Close Date | Aug 08, 2023 |
| Basis of Allotment Date | Aug 11, 2023 |
| Initiation of Refunds | Aug 14, 2023 |
| Credit of Shares to Demat Account | Aug 17, 2023 |
| IPO Listing Date | Aug 17, 2023 |
IPO Lot Size
The Yudiz Solutions Limited IPO market lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹132000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 800 | ₹132000 |
| Maximum | 1 | 800 | ₹132000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.66% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 958.58 | 1881.55 | 74.07 |
| 31-Mar-23 | 1701.80 | 2744.75 | 275.17 |
Objects of the Issue:
Yudiz Solutions Limited IPO Registrar:
MAS Services Limited
Yudiz Solutions Limited IPO Lead Manager(s):
Narnolia Financial Services Ltd
Company Contact Information:
Yudiz Solutions Limited
13th Floor, Bsquare 2, Iscon-Ambli Road, Ahmedabad
Gujarat
Gujarat
