Listing Details
- Listing Exchange NSE SME
- Listing Date 17-Aug-23
- IPO Price Range ₹ 162 to ₹ 165
- Listing Price ₹ 185
- Listing Change 12.1%
- Last Traded Price ₹ 81.5
- Current Change -50.6%
Yudiz Solutions IPO Details
- Open Date 04-Aug-23
- Close Date 08-Aug-23
- Lot Size 800
- IPO Size ₹ 44.84 Cr
- IPO Price Range ₹ 162 to ₹ 165
- Min Investment ₹ 129600
- Listing Exchange NSE SME
- Basis of Allotment 11-Aug-23
- Refunds 14-Aug-23
- Credit to Demat Account 17-Aug-23
- Listing Date 17-Aug-23
Yudiz Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Aug-23 | 1.28 | 0.15 | 0.82 | 0.81 |
| 07-Aug-23 | 1.76 | 1.26 | 2.60 | 2.07 |
| 08-Aug-23 | 2.81 | 4.77 | 6.41 | 5.03 |
Yudiz Solutions IPO Synopsis
Yudiz Solutions IPO is all set to open from 4th August to 8th August 2023. Yudiz Solutions provides IT solutions and consultancy services. The company is launching a fresh issue of 27,17,600 equity shares worth ₹44.84 cr. The share allotment date is 11th August and the listing date is 17th August 2023. The price band of the IPO is ₹162 to ₹165 per equity share with a lot size of 800 shares.
Narnolia Financial Services Limited is the book-running lead manager for this IPO, while MAS Services Limited is the registrar.
Objectives of Yudiz Solutions IPO:
Yudiz Solutions plans to utilize the raised capital from IPO 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
About Yudiz Solutions
Established in 2012, 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.
With ISO 9001:2015 certification, Yudiz is recognized as a reliable and quality-oriented IT development company, making them an ideal choice for digital transformation and technology services. Additionally, they hold an ISO 13485:2016 certificate in the Medical Care and Quality Management Systems (QMS) Development field, further establishing their expertise.
Yudiz Solutions also offers a diverse range of solutions in Mobile, Web, AR/VR, UI/UX, and IoT. The company's platforms include News Platform, E-commerce Bidding Platform, On-Demand Services Platform, VR Training Platform, Upskilling Industry-Specific VR Platform, HR Intelligence Software, and more.
Peer Comparison
● Dev Information Technology Limited
● Silver Touch Technologies Limited
● Nazara Technologies Limited
● Sigma Solve Ltd.
● KSolves India Ltd.
For More Information:
Webstory on Yudiz Solutions IPO
Yudiz Solutions IPO GMP
Yudiz Solutions Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 27.31 | 18.76 | 12.83 |
| EBITDA | 23.83 | 17.65 | 12.25 |
| PAT | 2.75 | 0.74 | 0.81 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 17.02 | 9.59 | 7.60 |
| Share Capital | - | - | - |
| Total Borrowings | 6.13 | 2.89 | 2.20 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 0.66 | 2.93 | 1.00 |
| Net cash from / (used in) investing activities | -3.99 | -1.38 | -3.13 |
| Net cash flow from / (used in) financing activities | 1.52 | -0.08 | -0.04 |
| Net increase (decrease) in cash and cash equivalents | -1.81 | 1.47 | -2.17 |
Yudiz Solutions IPO Key Points
-
Strengths
1. Yudiz Solutions Limited offers a diverse range of solutions and services, including web development, wearable device/IoT development, game development, and mobile application development.
2. It has a low attrition rate with a talented team and management.
3. The company plans to introduce a set of platforms, including its own hyper casual game platform, fantasy sports platform, and OTT platforms, all of which have already been developed.
4. Planning to expand to other geographies within and outside India.
-
Risks
1. The company has certain contingent liabilities which can impact its business operations.
2. Negative cash flow in recent financial years.
3. Risk of volatile forex exchange rates and international regulations.
4. The competition is quite high
5. Its operations require significant working capital.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
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Yudiz Solutions IPO FAQs
What is the minimum lot size and investment required for the Yudiz Solutions IPO?
The minimum lot size of Yudiz Solutions IPO is 800 shares and the investment required is ₹1,29,600.
What is the price band of the Yudiz Solutions IPO?
The price band of the Yudiz Solutions IPO is ₹162 to ₹165.
When does the Yudiz Solutions IPO opens and closes?
Yudiz Solutions IPO opens on 4th August and closes on 8th August 2023.
What is the size of the Yudiz Solutions IPO?
Yudiz Solutions IPO plans to issue a fresh issue of 27,17,600 equity shares worth ₹44.84 cr.
What is the allotment date of the Yudiz Solutions IPO?
The allotment date of Yudiz Solutions IPO is 11th August 2023.
What is the Yudiz Solutions IPO listing date?
The listing date of Yudiz Solutions IPO is 17th August 2023.
Who are the book runners for the Yudiz Solutions IPO?
Narnolia Financial Services Limited is the book-running lead manager for Yudiz Solutions IPO.
What is the objective of the Yudiz Solutions IPO?
Yudiz Solutions plans to utilize the raised capital from IPO 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
How to apply for the Yudiz Solutions IPO?
To apply for the Yudiz Solutions IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Yudiz Solutions IPO
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
● You will receive a mandate notification to block funds in your UPI app
Contact Details of Yudiz Solutions IPO
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 Register
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Yudiz Solutions IPO Lead Manager
Narnolia Financial Services Ltd.