Yudiz Solutions IPO Details

IPO

DETAILS

Open Date

04 August 2023

08 August  2023

800 shares

Rs. 44.84 Cr

Lot Size

IPO Size

Listing At

NSE, SME

Listing  Date

Price Range

₹162 to ₹165  per share

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Close Date

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Allotment Date

11 August 2023

17 August 2023

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Yudiz Solutions is a leading provider of IT solutions and consultancy services, specializing in creating scalable and secure solutions using cutting-edge technologies to transform business ideas into reality.   It offers a wide range of services, including web, mobile, game, and blockchain solutions for businesses.  

The company intends to utilize the net proceeds from the issue to:    • Meet the costs for unidentified acquisitions for the company, whether in India or abroad    • Cover the expenses related to the development of new products and technology    • Allocate funds for networking and cabling expenses    • Provide financial resources for branding and marketing expenses    • Fulfill the capital expenditure and working capital requirements    • Funds for general corporate purposes    • Expenses associated with the issue

The book-running lead managers to the offer are: Narnolia Financial Services Ltd