XELPMOC DESIGN AND TECH IPO:GMP, Issue Size, Issue Price and Important dates

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XELPMOC DESIGN AND TECH IPO is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support. and is all set to make a debut in the stock market with an issue size of 23 Cr.   

XELPMOC DESIGN AND TECH IPO – Overview    

 Issue Date           23-29  Jan 2019          
IPO Opening Date           23 Jan 2019 
IPO Face Value           INR 10 per share           
IPO Price           INR 66 per share          
IPO Lot Size           200 Shares          
Issue Size           1641.18 Cr      
Offer for sale  
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             1.24 times 
NII (HNI) Shares           7.69 times 
Company Promoters           The Individual Promoters of the company are Sandipan Chattopadhyay, Srinivas Koora; and Jaison Jose.   

XELPMOC DESIGN AND TECH IPO -Tentative Dates           

IPO opening date           23 Jan 2019 
IPO closing date           29 Jan 2019 
Basis of Allotment           30 Jan 2019 
Initiation of Refunds           31 Jan 2019 
The credit of Shares to Demat          1 Feb 2019 
IPO Listing Date           4 Feb 2019 
IEX Buyback 2023 Details

Company Overview    

Bengaluru based Xelpmoc Design and Tech Limited is a company engaged in the business of providing technical consulting services and end-to-end technology solutions and support. 

The company caters for entrepreneurs, start-ups and established companies in the public and private sector. It provides a wide range of services, including mobile and web application development, prototype development, thematic product development, data science and analytics assistance. 

Objectives Of The Issue           

  1. Purchase of IT hardware and network equipment for development centers in Kolkata and Hyderabad. 
  2. Purchase of fit outs for new development centers in Kolkata and Hyderabad. 
  3. Funding working capital requirements. 
  4. General corporate purposes. 

XELPMOC DESIGN- Financial Statements          

Company Strengths          

  1. Luxury upscale properties located in major metro cities. 
  2. Part of K. Raheja Corp group. 
  3. An active asset management model 

Company Contact Information 

Xelpmoc Design and Tech Limited 
#17, 4th Floor, Agies Building 
1st ‘A’ Cross, 5thBlock, 
Koramangala, Bengaluru – 560 034 
Phone: +91 80 4370 8360 
Email: vaishali.kondbhar@xelpmoc.in 
Website: http://www.xelpmoc.in/ 

Xelpmoc Design and Tech IPO Registrar 

KFin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

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