Compulink Systems IPO
Compulink Systems IPO — date, price band, lot size & details 2005
Compulink Systems listed on 28 Dec 2005 at ₹67, 11.7% above the ₹60 issue price.
Compulink Systems is a Pune based software company that offers product development services and its own Whizible software for project and service management. Its total income was Rs 12.87 crore in FY2005.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 25 Nov 2005
- Close 30 Nov 2005
- Allotment 19 Dec 2005
- Refund/credit TBA
- Listing 28 Dec 2005
Issue summary
The terms of the offer, as filed.
| IPO Dates | 25 to 30 Nov, 2005 |
|---|---|
| Price Band | TBA |
| Face Value | ₹10 |
| Lot Size | 100 Shares |
| Issue Size | ₹27.24 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | Aarthi Consultants Pvt.Ltd. |
| Min Investment | ₹ 6,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 100 shares at the ₹60 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 100 | ₹6,000 |
| Retail (max) | 33 | 3,300 | ₹1,98,000 |
| S-HNI (min) | 34 | 3,400 | ₹2,04,000 |
| S-HNI (max) | 166 | 16,600 | ₹9,96,000 |
| B-HNI (min) | 167 | 16,700 | ₹10,02,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 8.05 crore in FY2004 to Rs 12.87 crore in FY2005.
- 02Profit after tax rose from Rs 2.24 crore in FY2004 to Rs 3.61 crore in FY2005.
- 03Its promoters had more than 20 years of IT experience.
- 04It had marketing subsidiaries in the US and UK, set up in 2000 and 2004.
Risks · 5
- 01It made a loss of Rs 0.64 crore in six months to September 2005.
- 02It is a very small company, with total income of Rs 12.87 crore, raising Rs 27.24 crore.
- 03Its software depends on protecting intellectual property through contracts; net worth was Rs 13.17 crore.
- 04Rs 6.00 crore of the issue went to selling shareholders.
- 05Promoter group holding fell from 54.14% before the issue to 35.66% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Compulink Systems offer document.
| Metric | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 26.54 | 21.91 | 11.03 |
| Total Income | 5.39 | 12.87 | 8.05 |
| Profit After Tax | -0.64 | 3.61 | 2.24 |
| NET Worth | 13.17 | 14.09 | 9.37 |
| Reserves and Surplus | 6.65 | 5.00 | 1.90 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Compulink Systems RHP.
Where the money goes
₹26.49 Cr of the issue is earmarked to named objects.
About the company
It provides software product development services and sells its own Whizible software. Its promoters had more than 20 years of experience in the IT industry.
It set up Compulink USA Inc in June 2000 and Compulink Europe Limited in the UK in April 2004 for marketing.
The IPO was Rs 27.24 crore, with Rs 21.24 crore of fresh issue and Rs 6.00 crore of offer for sale, at Rs 60 per share.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
040-27638111/27638111/27638111
The bankers & the filings
Who is running the book, and the documents this page is built from.
Compulink Systems IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Karvy Investor Services Ltd
31 issues handledBest listing: Ramkrishna Forgings (+92.3%). Weakest: Astral Poly Technik (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Compulink Systems?
The current Grey Market Premium is ₹0.
What is the Compulink Systems IPO price band?
₹60, on a face value of ₹10.
When is the allotment?
The basis of allotment is 19 December 2005, with listing on 28 December 2005.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Aarthi Consultants Pvt.Ltd..
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
