NIKS Technology Limited, founded in 2014, is a company that provides IT solutions and services. Its offerings include Digital Marketing, Software Development, website development, mobile app development, and certification courses, which are available through both online and offline channels. The company’s product range is varied and addresses the expanding needs of the IT industry.
NIKS Technology Limited provides a comprehensive range of technology solutions and services catering to different segments of the market, including individuals, businesses, and organizations.
- Digital Marketing
- Online & Offline courses
- Software Development
- Web Development
NIKS Technology IPO Details
| IPO Date | Mar 19, 2021 to Mar 23, 2021 |
| Listing Date | Wednesday, March 31, 2021 |
| Face Value | ₹10 per share |
| Price | ₹201 per share |
| Lot Size | 600 Shares |
| Issue Size | 100,200 shares of ₹10 (aggregating up to ₹2.01 Cr) |
| Fresh Issue | 33,200 shares of ₹10 (aggregating up to ₹0.67 Cr) |
| Offer for Sale | 67,000 shares of ₹10 (aggregating up to ₹1.35 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| P/E (x) | 119.64 |
Industry Overview
The IT industry’s growth is driven by the increasing adoption of digital transformation, cloud computing, big data analytics, and the Internet of Things (IoT) across different sectors. The COVID-19 pandemic has also accelerated the adoption of digital technologies, creating new opportunities for IT companies.
The industry has been growing steadily over the years, with a Compound Annual Growth Rate (CAGR) of around 7% from 2019 to 2025, according to a report by Market Data Forecast. The Asia-Pacific region is expected to experience the highest growth in the IT industry due to the increasing demand for digital services in emerging economies like India and China.
Company Financials
Summary of financial Information (Restated Consolidated)
| Particulars | For the year/period ended (₹ in lakh) | |||
| 31-Jan-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 67.56 | 39.37 | 7.36 | 9.30 |
| Total Revenue | 27.66 | 19.66 | 19.84 | 19.32 |
| Profit After Tax | 14.31 | 8.15 | (0.18) | (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.
NIKS Technology IPO Prospectus
Company Contact Information
NIKS Technology Limited
Flat No. 501, Shiv Laxmi Plaza,
Opp Rajendra Nagar, Old Bypass Main Road
Kankarbagh, Patna – 800020
Phone: +91 – 0612 7966249
Email: info@nikstech.com
Website: http://www.nikstech.com/
NIKS Technology IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
NIKS Technology IPO Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
