
Technology · NSE
Ksolves India Ltd, incorporated in 2014, is a software services and product company that provides enterprise solutions, software development, consulting, and IT services to clients across sectors such as healthcare, telecom, e-commerce, real estate, and finance. The company helps businesses build applications, manage and upgrade software systems, and improve overall digital performance by automating routine processes to increase speed, accuracy, and operational efficiency. In 2019, Ksolves acquired Kartik Solutions Private Limited as a wholly owned subsidiary, strengthening its capabilities in web, mobile, cloud, and e-commerce services. The company operates in more than 30 countries and earns nearly 80% of its revenue from North America.
Price Band
₹100
Issue Size
₹4.02 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹100
at current GMP
Subscribed
—
Open
23 Jun 2020
Close
26 Jun 2020
Allotment
2 Jul 2020
Refund
3 Jul 2020
Demat Credit
4 Jul 2020
Listing
6 Jul 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 201,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 60,300 | — | 0.00x |
| Retail Individual (RII) | 140,700 | — | 0.00x |
| Total | 402,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 117 | 117 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 4 | 4 | 1.00x |
| Total Applications | 122 | 122 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Ksolves India Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹4.02 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-07-04, while un-allotted funds or UPI block mandates will be released on 2020-07-03.
Currently, Ksolves India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹100 to ₹100 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹100 per equity share.
The Ksolves India Limited IPO aggregate issue size is ₹4.02 Crores with an equity price band set at ₹100 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2020-07-02. Investors can verify status using PAN card or application number.
Ksolves India Limited shares are scheduled to list on NSE on 2020-07-06.