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eDynamics Solutions Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

15.60 cr

Price Range (₹)

25

Lot Size

6000

Min Investment (₹)

1,50,000.00

Listing Exchange

BSE - SME

Open Date

10-Jun-2013

Close Date

12-Jun-2013

Listing Date

26-Jun-2013

Latest IPO News

    The Shares of eDynamics Solutions Ltd have now been listed.

    eDynamics Solutions Ltd IPO Details

    Public issue of 62,40,000 equity shares of Rs. 10/- each (Equity Shares) of eDynamics Solutions Limited (EDSL or The Company or The Issuer) for cash at a price of Rs. 25/- per share (The Issue Price), aggregating to Rs. 15.60 crores (The Issue), of which 3,24,000 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 59,16,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.79% and 27.30%, respectively 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 2.5 (Two & Half) times of the face value.

    Objective of issue

    To augment working capital in the form of advances. Setting up new franchise / Retail store modules. Brand Building. General Corporate purposes.

    eDynamics Solutions Ltd Contact Details

    eDynamics Solutions Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email - edynamicssolutions@yahoo.com