
Technology · NSE
Incorporated in 2011, Pune-based Mindpool Technologies Limited provides Oracle consultancy, IT staffing and solutions, and corporate training services across industries such as automotive, banking, healthcare, retail, telecom, and entertainment in India and the US. As of March 2018, the company served 22 clients, including Clairvoyant India, Herbalife India, HTC Global Services, Inspirage Software Consulting, and Opalforce INC. With a team of 103 employees, Mindpool reported revenues of Rs. 1,081.35 lakhs for the period ending September 30, 2018, and Rs. 2,043.36 lakh, Rs. 2,537.77 lakh, and Rs. 2,078.07 lakh for fiscal years 2018, 2017, and 2016, respectively, with PAT of Rs. 146.20 lakhs, Rs. 163.22 lakh, Rs. 129.25 lakh, and Rs. (33.42) lakhs for the same periods.
Price Band
₹30
Issue Size
₹4.00 Cr
Lot Size
4000 shares
GMP
Est. Listing
₹30
at current GMP
Subscribed
—
Open
14 Feb 2019
Close
20 Feb 2019
Allotment
26 Feb 2019
Refund
27 Feb 2019
Demat Credit
28 Feb 2019
Listing
28 Feb 2019
Designated Registrar: Bigshare Services Private Limited
Allotment Date
26 Feb 2019
Basis finalization
Refunds Initiate
27 Feb 2019
Mandate release
Demat Credit
28 Feb 2019
Shares in demat
Listing Debut
28 Feb 2019
Trading begins
Mindpool Technologies Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹30 to ₹30 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 4000 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 2019-02-28, while un-allotted funds or UPI block mandates will be released on 2019-02-27.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.