Lex Nimble Solutions IPO is set to make its debut on 12th March 18 with 26.56 cr is engaged in business of Appraisal Advisory, Certification, training and related services on quality models
Lex Nimble Solutions IPO – overview
| IPO Dates | 12-16 March 18 |
| IPO Price | INR 57 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,112,000 shares (INR 6.34 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 2012, Lex Nimble Solutions Ltd is engaged in business of Appraisal Advisory, Certification, training and related services on quality models, IT product and development and services. Lex Nimble Solutions Ltd. (LNSL) is a subsidiary of Lex Nimble Solutions Inc., USA that holds 97.81% stake in the company. The major revenue streams are:
1. IT application development, maintenance and support:
They offer back-office support in developing customer centric applications along with maintenance and support services.
2. Development and maintenance of portals and mobile applications:
They offer support in developing and maintaining enterprise information portals or corporate portals. They also develop location-aware mobile solutions. They have recently done development of mobile application and web application compatibility for Dubai port authority
3. Corporate training:
They offer customized training which includes understanding client specific needs and training them.
4. Consulting:
They have done several assignments in the areas of Quality management system implementation, Six sigma implementation, Information security consulting, Security testing related assignments. The company recently acquired the CMMI level 2 certification and now plans to foray into new segments of business.
Objects of the Issue
1 Foraying into CMMI consulting.
2. Establishment as an ISO certifying body.
3. Customisation of the product SimpleLaw for the Indian market.
4. General Corporate purposes.
5. Issue Expenses.
Company Contact Information
Lex Nimble Solutions Ltd
Q3 Module A1 10th Floor,
Cyber Towers Hitec City,
Hyderabad – 500081
Phone: +91-40-23122330
Email: investment@lexnimble.in
Website: http://www.lexnimble.in
Lex Nimble Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lex Nimble Solutions IPO Lead Manager(s)
- Quintessence Enterprises Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
