
Technology / Information Technology Services · NSE
Sigma Solve Ltd, incorporated in 2010 and based in Ahmedabad, specializes in providing IT and IT-enabled services. Through its subsidiary, Sigma Solve Inc., the company offers software development, turnkey consultancy, web and e-commerce development, real-time application development, business intelligence analytics, digital marketing, CRM development, UI/UX design, and automation testing. With a strong global presence, Sigma Solve Ltd generates 100% of its revenue from exports, serving clients through its offices in the USA and Australia.
Price Band
₹45
Issue Size
₹5.00 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹45
at current GMP
Subscribed
—
Open
29 Sep 2020
Close
9 Oct 2020
Allotment
15 Oct 2020
Refund
16 Oct 2020
Demat Credit
17 Oct 2020
Listing
19 Oct 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) | 555,556 | — | 0.00x |
| Non-Institutional (NII / HNI) | 166,667 | — | 0.00x |
| Retail Individual (RII) | 388,889 | — | 0.00x |
| Total | 1,111,112 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 130 | 130 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 4 | 4 | 1.00x |
| Total Applications | 135 | 135 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sigma Solve Limited is bringing an initial public offering (IPO) in the Technology / Information Technology Services sector with an aggregate issue size of ₹5 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-10-09, the basis of allotment is scheduled to be finalized on 2020-10-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Currently, Sigma Solve 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 ₹45 to ₹45 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,35,000. Expected listing price is ₹45 per equity share.
The Sigma Solve Limited IPO aggregate issue size is ₹5 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
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 (Link Intime India Private Limited) and the BSE status verification website on or around 2020-10-15. Investors can verify status using PAN card or application number.
Sigma Solve Limited shares are scheduled to list on NSE on 2020-10-19.