IPO

Reliable Data Services Limited IPO

NSE SME

Offer Date: Sep 27, 2017 - Oct 3, 2017

₹ 228000 /4000 Shares
*Min Investment

27 Sep, 2017

Open Date

03 Oct, 2017

Close Date

06 Oct, 2017

Allotment Date

11 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 57 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 26,00,000 Equity Shares of Rs 10 aggregating up to Rs 14.82 Cr
  • Listing at NSE SME
  • Lead Manager Swastika Investmart Ltd
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Reliable Data Services Limited IPO is an SME IPO, priced at Rs 57 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 27, 2017 to Oct 3, 2017. The allotment is expected to be finalized on Oct 6, 2017, and the tentative listing date is Oct 11, 2017.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Analysis And Details
Retail
13.51x
NII
81.72x
Total
47.62x
As on NII Retail Total
Shares Offered / Reserved N/A 12,30,000 12,30,000 24,60,000
Day 1 27-09-17
N/A x 1.09 x 0.39 x 0.74 x
Day 2 28-09-17
N/A x 3.26 x 0.57 x 1.92 x
Day 3 29-09-17
N/A x 3.47 x 1.01 x 2.24 x
Day 4 03-10-17
N/A x 81.72 x 13.51 x 47.62 x
Valuations
Earnings Per Share (EPS) Rs 1.89
P/E Ratio 30.15
RoNW 15.16%
Net Asset Value (NAV) Rs 27.24
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

 Pre-payment of Loan

3

To meet Capital Expenditure

4

General Corporate purpose

5

To Meet the Issue Expenses