Yudiz Solutions Limited is gearing up for its much-anticipated Initial Public Offering (IPO) through a book-built issue. The IPO is scheduled to run from August 04 to August 08, 2023, with a share price range of ₹162 to ₹165. Investors can participate with a minimum order of 800 shares.
The IPO will comprise 2,717,600 shares with a face value of Rs. 10 each, potentially raising funds of up to ₹44.84 crore for Yudiz Solutions Limited. Let’s delve into the details of their IPO set to hit the market in August 2023.
About Yudiz Solutions Limited
Incorporated in 2012, Yudiz Solutions Limited specializes in providing comprehensive IT solutions and consultancy services, focusing on digital transformation and technology services.
Their diverse range of services includes mobile app development, game development, Blockchain, AR/VR, web development, E-Commerce, and more. Yudiz Solutions also excels in integrating trending technologies to offer various solutions in Mobile, Web, AR/VR, UI/UX, and IoT. Key Competitive Strengths include a seasoned management team with domain expertise, supported by a professional workforce, and an integrated business model that offers one-stop-shop solutions, contributing to a low attrition rate.
Yudiz Solutions IPO Issue Details
| Issue Type | Book Built IPO Issue |
| Issue Opens | 4th August 2023 |
| Issue Closes | 8th August 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 162 to Rs 165 Per Share |
| Issue Size | 2,717,600 Shares (Rs 44.84 crores) |
| Minimum Order Quantity | 800 Shares |
| Listing | NSE, SME |
Purpose of the Issue
The primary objectives of the issue are as follows:
- Covering expenses for unidentified acquisitions, both within India and abroad.
- Funding the development of new products and technology.
- Providing resources for networking and cabling requirements.
- Allocating funds for branding and marketing expenses.
- Meeting the capital expenditure requirements of the company.
- Fulfilling the working capital needs of the company.
- Addressing general corporate purposes.
- Covering the expenses associated with the issue.
Yudiz Solutions Limited — Company Contact Details
- Registered & Corporate Office: 13th Floor, Bsquare 2, Iscon-Ambli Road, Ahmedabad, Gujarat- 380054, India
- Telephone: +91 7433977526
- Website: https://www.yudiz.com/
Yudiz Solutions Limited IPO – Lead Managers of the Issue
Narnolia Financial Services Ltd
- Office Address: Marble Arch, 2nd Floor, Office 201, 236b, A J C Bose Road, Kolkata 700020
- Telephone: 033-40501500
- Email: narnoliacare@narnolia.com
Yudiz Solutions Limited IPO – Registrar of the Issue
Mas Services Limited
- Telephone: (011) 2610 4142
- Email: info@masserv.com
- Website: http://www.masserv.com
Yudiz Solutions IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
Disclaimer: Investingly just provides basic information as update about the issues. Investingly never gives advices or recommendations to anyone. Investments into securities are subject to market risk. Please read the offer and issue documents carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
