IPO SYNOPSIS

Ekennis Software Service Ltd
Registered Office:
2nd Floor Concord Anthuriams,Neeladri Road No 49,50,51,
Bangalore - 560100,
Karnataka, India.
Website :  www.ekennis.com
Public Issue of 4,00,000 equity shares of face value of (₹) 10 each ("Equity Shares") of Ekennis Software Service Limited ("EKENNIS" or "The Company" or the "The Issuer") for cash at a price of (₹) 72 per equity share (including a premium of (₹) 62 per equity share) ("Issue Price") aggregating up to (₹) 2.88 crores ("The Issue") of which 22,400 equity shares aggregating to (₹) 0.16 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 3,77,600 equity shares of face value of (₹) 10 each at an issue price of (₹) 72 per equity share aggregating to (₹) 2.72 crores ("Net Issue"). The issue and the net issue will be constitute 28.57% and 26.97% of the post-issue paid-up equity share capital of the company. The face value of the equity share is (₹) 10 each and the issue price is 7.2 times of the face value. Minimum application Size of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Feb-22
24-Feb-22
72.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 1600     Further Multiples of : 1600
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
2.88
Shreni Shares Pvt Ltd
Project Financed
2.88
 
Post Issue
1.40
 
Issue Price
72.00
 
Projects
Purchase of Plant & Machinery
Funding Working Capital Requirements
General Corporate Purposes
Promoted By
Manisha Sharma
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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