Ekennis Software Service Ltd - IPO

Ekennis Software Service Ltd IPO Details

Public Issue of 4,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Ekennis Software Service Limited (EKENNIS or The Company or the The Issuer) for cash at a price of Rs. 72 per equity share (including a premium of Rs. 62 per equity share) (Issue Price) aggregating up to Rs. 2.88 crores (The Issue) of which 22,400 equity shares aggregating to Rs. 0.16 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 3,77,600 equity shares of face value of Rs. 10 each at an issue price of Rs. 72 per equity share aggregating to Rs. 2.72 crores (Net Issue). The issue and the net issue will be constitute 28.57% and 26.97% of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price is 7.2 times of the face value.Minimum application Size of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Objective of issue

Purchase of Plant & Machinery. Funding Working Capital Requirements. General Corporate Purposes.

Ekennis Software Service Ltd Contact Details

Ekennis Software Service Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info@ekennis.com

Website - www.ekennis.com