Xelpmoc Design & Tech IPO
Xelpmoc Design & Tech IPO — date, price band, lot size & details 2019
Xelpmoc Design & Tech listed on 4 Feb 2019 at ₹57, 13.6% below the ₹66 issue price.
Xelpmoc Design and Tech is a Bengaluru based technology consulting and solutions company working with start ups and established companies. It made losses before the IPO.
Stock price
Xelpmoc Design & Tech is listed — here is the live share price.
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 14 November.
- Open 23 Jan 2019
- Close 25 Jan 2019
- Allotment 30 Jan 2019
- Refund/credit 31 Jan 2019
- Listing 04 Feb 2019
Issue summary
The terms of the offer, as filed.
| IPO Dates | 23 to 25 Jan, 2019 |
|---|---|
| Price Band | ₹62 – ₹66 |
| Face Value | ₹10 |
| Lot Size | 200 Shares |
| Issue Size | ₹23 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 13,200 |
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 200 shares at the ₹66 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 200 | ₹13,200 |
| Retail (max) | 15 | 3,000 | ₹1,98,000 |
| S-HNI (min) | 16 | 3,200 | ₹2,11,200 |
| S-HNI (max) | 75 | 15,000 | ₹9,90,000 |
| B-HNI (min) | 76 | 15,200 | ₹10,03,200 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 0.02 crore in FY2016 to Rs 5.53 crore in FY2018.
- 02Net worth rose from Rs 2.91 crore in FY2016 to Rs 17.57 crore on 30 September 2018.
- 03Rs 9.58 crore of the issue was for new development centres in Kolkata and Hyderabad.
- 04It works with both start ups and established companies; total assets were Rs 24.77 crore.
Risks · 5
- 01It made losses every year, including Rs 3.43 crore in FY2018 and Rs 2.24 crore in six months to September 2018.
- 02Total income was only Rs 5.53 crore in FY2018.
- 03Its start up clients may not pay or may fail, which adds credit risk; EBITDA was negative at Rs 3.41 crore in FY2018.
- 04It is very small, with an issue of only Rs 23 crore.
- 05Promoter holding fell from 78.13% before the issue to 58.17% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Xelpmoc Design & Tech offer document.
| Metric | 30 Sep 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 24.77 | 25.21 | 18.77 | 4.19 |
| Total Income | 3.77 | 5.53 | 1.97 | 0.02 |
| Profit After Tax | -2.24 | -3.43 | -2.82 | -1.67 |
| EBITDA | -2.25 | -3.41 | -2.75 | -1.64 |
| NET Worth | 17.57 | 19.21 | 13.25 | 2.91 |
| Reserves and Surplus | 7.43 | 12.69 | 8.37 | 1.04 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Where the money goes
₹19.65 Cr of the issue is earmarked to named objects.
Xelpmoc Design & Tech IPO Anchor Investors
2 anchor investors across 1 fund house committed ₹10.35 Cr a day before the issue opened.
| Anchor Investor | Fund House | Shares | Amount (₹ Cr) | % of Anchor Book |
|---|---|---|---|---|
| University Of Notre Dame Du Lac | - | 810,601 | 5.35 | 51.69% |
| Washington University Chanakya Capital Partners | - | 757,580 | 5.00 | 48.31% |
| Total anchor allocation | 10.35 | |||
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
It provides technical consulting and end to end technology solutions and support to entrepreneurs, start ups and established companies in the public and private sectors.
Its services include mobile and web application development and other technology work.
The IPO was Rs 23 crore and was entirely fresh issue at Rs 66, the top of the Rs 62 to Rs 66 band. The money was for development centres in Kolkata and Hyderabad and working capital.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Xelpmoc Design & Tech 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.
ITI Capital Ltd
10 issues handledBest listing: Waaree Energies (+66.3%). Weakest: Suraj Estate Developers (-5.6%).
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 Xelpmoc Design & Tech?
The current Grey Market Premium is ₹0.
What is the Xelpmoc Design & Tech IPO price band?
₹62 to ₹66, on a face value of ₹10.
When is the allotment?
The basis of allotment is 30 January 2019, with listing on 4 February 2019.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
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.
