Ekennis Software IPO Price, Dates, GMP, Review

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Ekennis Software IPO

Ekennis Software IPO Details:

When is Ekennis Software IPO Launching?

The IPO opens on Feb 21, 2022, and closes on Feb 24, 2022.

Ekennis Software IPO Tentative Timetable

The Ekennis Software IPO open date is Feb 21, 2022, and the close date is Feb 24, 2022. The issue may list on Mar 7, 2022.

IPO Open Date Feb 21, 2022
IPO Close Date Feb 24, 2022
Basis of Allotment Date Mar 2, 2022
Initiation of Refunds Mar 3, 2022
The credit of Shares to Demat Account Mar 4, 2022
IPO Listing Date Mar 7, 2022

 

Ekennis Software IPO Lot Size

The Ekennis Software IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lot (1600 shares or ₹115,200).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹115,200
Maximum 1 1600 ₹115,200

 

Ekennis Software IPO Share Price

Ekennis Software IPO is an SME IPO of 400,000 equity shares of the face value of ₹10 aggregating up to ₹2.88 Crores. The issue is priced at ₹72 per equity share. The minimum order quantity is 1600 Shares.

Ekennis Software IPO Promoter Holding

Ms. Manisha Sharma is the promoter of the company.

Pre Issue Share Holding 100%
Post Issue Share Holding 71.42%

 

Ekennis Software IPO Board of Directors

Name Designation
Manisha Sharma Chairman & Managing Director
Ruchita Joshi Non Executive Director
Shilpi Sharma Ind. Non-Executive Director
Sonali Co. Secretary & Compl. Officer
Uma Chidambaram Krishnan Ind. Non-Executive Director
Urvashi Upadhyay Ind. Non-Executive Director

 

Ekennis Software IPO Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
15-Jan-22 31-Mar-21 31-Mar-20
Total Assets 301.07 261.53 163.87
Total Revenue 367.18 468.67 485.78
Profit After Tax 70.20 94.92 22.60

 

About Ekennis Software IPO

Ekennis Software Service Ltd is engaged in the business of software IT solutions and consulting services, IT product/software development, software training, ERP solution, Learning Management Solution, 3D printing, Digital printing, and packaging design consultancy. It likewise gives business process analysis, system design, technical expertise, implementation, training, and support services, and has expertise in SAP ERP.

  1. IT Solutions: Ekennis Software is an ERP solution supplier sorting out solution implementation in SAP, Oracle, and Microsoft.
  2. 3D and Digital Printing: It gives 3D printing and packaging services for retail, food, entertainment, sport, baby care, personal and hygiene, industrial, and agriculture industries.

Company Contact Information

Ekennis Software Service Limited
2 nd Floor, Concord Anthuriams,
Neeladri Road No. 49,50,51, Dodathogur Vill,
Electronic City, Bangalore – 560 100
Phone: 080 – 4114 5095
Email: info@ekennis.com
Website: http://www.ekennis.com/

Ekennis Software IPO GMP

Not available at the moment

How to apply for Ekennis Software IPO?

You can apply in Ekennis Software IPO online utilizing either UPI or ASBA as a payment strategy. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by representatives who don’t offer banking services. Peruse more insight regarding applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Final Review

The organization has a practically static top line for the reported financial data with super-profits for the last 21.5 months. In light of these super earnings, the issue is completely evaluated. Post-IPO it is settled up capital of Rs. 1.40 cr. indicates longer development for migration to the mainboard. The organization has not offered a reprieve up of revenue and it seems it is essentially operating in digital and 3D printed packaging. Higher spending for the IPO indicates funding for this issue is completely organized. There is no mischief in ignoring this window-dressed deal.

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