Ksolves India Ltd., a provider of software services and goods, was established in 2014. It works with clients to provide corporate solutions, software development, consulting, and IT solutions. The business serves a variety of industries, including healthcare, telecom, e-commerce, real estate, and finance.
In order to create effective applications, maintain software systems, and improve the functioning of the software in accordance with business needs, it offers client businesses digital solutions. The company’s programs automate typical corporate processes to make them more precise, quick, and simple while expanding the channels for improved functioning.
Kartik Solutions Private Limited was bought by Ksolves in 2019 and is now a wholly-owned subsidiary of the business. Web, mobile, cloud, and e-commerce solutions are among the IT and IT-enabled services offered by Kartik Solutions.
ksolves India IPO Details
| IPO Date | Jun 23, 2020 to Jun 26, 2020 |
| Listing Date | Monday, July 6, 2020 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 402,000 shares of ₹10 (aggregating up to ₹4.02 Cr) |
| Market Maker portion | 20,400 shares |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Ratan Kumar Srivastava & Mrs. Deepali Verma are the promoters of the company. |
ksolves India IPO Listing Date
| Listing Date | Monday, July 6, 2020 |
| BSE Script Code | |
| NSE Symbol | KSOLVES |
| Listing In | ST Group of Securities |
| ISIN | INE0D6I01015 |
| IPO Price | ₹100 per share |
| Face Value | ₹10 per share |
Company Financials
| Particulars | For the year/period ended (Rs in Lakh) | ||||
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |||
| Total Assets | 166.19 | 69.08 | 53.09 | ||
| Total Revenue | 814.51 | 542.62 | 340.85 | ||
| Profit After Tax | 67.19 | 15.83 | 5.50 |
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
ksolves India IPO Prospectus
Company Contact Information
Ksolves India Ltd
H. No. B-8/1, Ground Floor,
Saidulajab, South Delhi,
Delhi – 110030, India
Phone: +91-0120-4163248
Email: cs@ksolves.com
Website: https://www.ksolves.com/
ksolves India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
ksolves India IPO Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
