Yudiz Solutions IPO GMP Details
![Yudiz solutions ipo gmp details 1 Yudiz solutions ipo gmp details with gmpipo. Com](https://www.gmpipo.com/wp-content/uploads/Yudiz-Solutions-IPO-GMP-Details-with-gmpipo.com_.png)
Yudiz Solutions Limited, established in 2012, is a digital transformation and technology services company providing IT solutions and consultancy services. Their diverse range of services includes mobile app development, game development, Blockchain, AR/ VR, web development, E-commerce solutions, digital marketing, and more. Yudiz Solutions also specializes in integrating trending technologies for Mobile, Web, AR/VR, UI/UX, and IoT solutions.
The company’s platforms cover various areas, such as News Platform, E-commerce Bidding Platform, On-Demand Services Platform, VR Training platform, HR Intelligence software, and Upskilling Industry-specific VR platform.
Yudiz Solutions Limited boasts several competitive strengths, including a seasoned management team with domain expertise and a dedicated professional workforce. They offer an integrated business model, providing clients with comprehensive one-stop-shop solutions. Additionally, the company enjoys a low attrition rate, which indicates employee satisfaction and stability in their operations.
Objects of the Issue
The objectives of the issue for Yudiz Solutions Limited are as follows:
- To meet the expenses for an unidentified acquisition, either in India or abroad.
- To fund the development of new products and technology.
- To cover the expenses for networking and cabling for the company.
- To meet branding and marketing expenses.
- To fulfill the capital expenditure requirements of the company.
- To address the working capital needs of the company.
- To cater to general corporate purposes.
- To cover the expenses related to the issue.
Yudiz Solutions IPO Details
IPO Date | Aug 4, 2023 to Aug 8, 2023 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹162 to ₹165 per share |
Lot Size | 800 Shares |
Total Issue Size | 2,717,600 shares (aggregating up to ₹44.84 Cr) |
Fresh Issue | 2,717,600 shares (aggregating up to ₹44.84 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 7,601,775 |
Share holding post issue | 10,319,375 |
Market Maker portion | 136,800 shares Kantilal Chhaganlal Securities |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Yudiz Solutions IPO Reservation
QIB Shares Offered | Not more than 50.00% of the Net offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
Yudiz Solutions IPO Lot Size
The Yudiz Solutions IPO lot size is 800 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 800 | ₹132,000 |
Retail (Max) | 1 | 800 | ₹132,000 |
HNI (Min) | 2 | 1,600 | ₹264,000 |
Yudiz Solutions IPO Dates
Yudiz Solutions IPO opens on Aug 4, 2023, and closes on Aug 8, 2023.
IPO Open Date | Friday, 4 August 2023 |
IPO Close Date | Tuesday, 8 August 2023 |
Basis of Allotment | Friday, 11 August 2023 |
Initiation of Refunds | Monday, 14 August 2023 |
Credit of Shares to Demat | Thursday, 17 August 2023 |
Listing Date | Thursday, 17 August 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Aug 8, 2023 |
Yudiz Solutions Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 759.86 | 958.58 | 1,701.80 |
Revenue | 1,305.41 | 1,881.55 | 2,744.75 |
Profit After Tax | 80.76 | 74.07 | 275.17 |
Net Worth | 539.99 | 669.03 | 1,089.21 |
Reserves and Surplus | – | – | – |
Total Borrowing | – | – | – |
Key Performance Indicator of Yudiz Solutions Ltd
KPI | Values |
---|---|
ROE | 25.26% |
ROCE | 14.02 |
EPS (Rs) | 7.47 |
RoNW | 25.26% |
Yudiz Solutions IPO Promoter Holding
Bharat Shamjibhai Patel, Chirag Rajendrakumar Leuva and Pratik Bhaskarbhai Patel and Ability Games Limited are the company promoters.
Pre Issue Share Holding | 100.00% |
Post Issue Share Holding | 73.66% |
Yudiz Solutions Contact Information
Yudiz Solutions Limited
13th Floor, Bsquare 2,
Iscon-Ambli Road,
Ahmedabad, Gujarat- 380054, India
Phone: +91 7433977526
Email: secretarial@yudiz.com
Website: https://www.yudiz.com/
Yudiz Solutions IPO Registrar
Name: Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Yudiz Solutions IPO FAQs
What is Yudiz Solutions IPO?
Yudiz Solutions IPO is a Small and Medium Enterprise (SME) IPO of 2,717,600 equity shares with a face value of ₹10, aggregating up to ₹44.84 Crores. The issue is priced in the range of ₹162 to ₹165 per share. The minimum order quantity is 800 Shares.
When will Yudiz Solutions IPO open?
The Yudiz Solutions IPO will open on Aug 4, 2023, and close on Aug 8, 2023.
How can I apply for Yudiz Solutions IPO through Zerodha?
Zerodha customers can apply online for Yudiz Solutions IPO using UPI as a payment gateway. To apply, log in to Zerodha Console (back office) and submit the IPO application form.
Steps to apply in Yudiz Solutions IPO through Zerodha:
1. Visit the Zerodha website and login to Console.
2. Go to Portfolio and click the IPOs link.
3. Go to the ‘Yudiz Solutions IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
What is the lot size of Yudiz Solutions IPO?
The lot size for Yudiz Solutions IPO is 800 Shares, and the minimum order quantity is not specified.
How can I apply for Yudiz Solutions IPO?
You can apply for Yudiz Solutions IPO online using UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When will Yudiz Solutions IPO allotment be available?
The basis of allotment for Yudiz Solutions IPO will be finalized on Friday, 11 August 2023, and the allotted shares will be credited to your demat account by Thursday, 17 August 2023. You can check the IPO allotment status for Yudiz Solutions IPO on that date.
When is Yudiz Solutions IPO listing date?
The listing date for Yudiz Solutions IPO is not yet announced. The tentative date for the listing is Thursday, 17 August 2023.