Cadsys (India) Limited IPO is about to debut on 21 September 2017, with an issue size of 14.70CR. Cadsys (India) Ltd (CIL) was established in 1992 and specializes in IT-enabled services such as geospatial, field engineering survey, software development, and engineering design services for industries such as telecom, CATV, oil & gas, electricity, and other utilities. The company is based in Hyderabad, Telangana, India, and operates in the United States as well. CIL’s focus is on GIS and engineering business technology services, with a particular emphasis on designing innovative fiber network systems such as FTTx, HFC, and DAS for global telecommunications companies. The company’s clientele consists of government agencies and businesses in the telecom, power, and other utility sectors.
Industry Overview
The industries that CIL operates in are highly specialized and require specific expertise and technical knowledge. The telecommunications industry, for instance, is rapidly evolving, with increasing demand for high-speed connectivity and next-generation network systems. CIL’s expertise in designing innovative fibre network systems puts them in a strong position to capitalize on this demand. Similarly, the power and utility sectors require specialized engineering services to maintain and improve their infrastructure, making CIL’s services essential for these industries. Overall, CIL’s focus on niche industries and specialized services has enabled them to establish themselves as a leading player in their field.
Cadsys India IPO Details
| IPO Date | Sep 21, 2017 to Sep 25, 2017 |
| Listing Date | Oct 4, 2017 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,100,000 shares(aggregating up to ₹14.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 14.3 | 21.1 | 24.4 | 32.0 | 43.6 | |
| Total expenses | 11.9 | 17.0 | 17.1 | 23.9 | 31.5 | |
| Profit after tax | 2.2 | 3.0 | 4.7 | 5.5 | 10.9 |
Objects of the Issue
The objects of the Issue are:
1. Part Repayment / prepayment of the long term borrowing availed by the Company;
2. General corporate purposes.
Cadsys India IPO Prospectus
Company Contact Information
Cadsys (India) Ltd
3- 5-900/1, IVth Floor,
Aparajitha Arcade Himayathnagar,
Hyderabad – 500029
Phone: +91 40 23224110
Email: cs@cadsystech.com
Website: http://www.cadsystech.com
Cadsys India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Cadsys India IPO Lead Manager(s)
- Saffron Capital Advisors Private Limited (Past IPO Performance)
