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Home › IPOs › Ekennis Software Service Ltd.
EK
Ekennis Software Service Ltd.
CLOSED BSE SME Fixed Price IPO Fresh Capital Ekennis Software Service IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹72
Issue Price: ₹ 72
Issue Price
₹72
Face Value
₹10
Lot Size
1,600 shares
Open Date
21 Feb 2022
Close Date
24 Feb 2022
Allotment
02 Mar 2022
Listing Date
07 Mar 2022
Exchange
BSE SME
Ekennis Software Service IPO About the Company

Ekennis Software Service Ltd is engaged in the business of software IT solution and consulting services, IT product/ software development, and software training, ERP solution, Learning Management Solution, 3D printing, Digital printing and packaging design consultancy. It also provides business process analysis, system design, technical expertise, implementation, training, and support services, and has expertise in SAP ERP.

  1. IT Solutions: Ekennis Software is a ERP solution provider organizing solution implementation in SAP, Oracle, and Microsoft.
  2. 3D and Digital Printing: It provides 3D printing and packaging services for retail, food, entertainment, sport, babycare, personal & hygiene, industrial, and agriculture industries.

Competitive strengths

  • Experienced promoters and employee base.
  • One stop shop for managed business solutions to diversified customer base.
  • E-learning, mobile learning solutions, and EATS (Ekennis Application Tracking System) for staffing solutions.
  • Latest technology usage for digital printing.
  • Cost advantage and product differentiation strategy.
...read more
Ekennis Software Service IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Purchase of Plant and Machinery ₹0
2 Funding working capital requirements ₹1
3 General Corporate Purposes ₹1
Ekennis Software Service IPO Lead Managers
Shreni Shares Ltd.
Financial Summary Amount in Lakhs
Metric 15-Jan-22 31-Mar-21 31-Mar-20
Total Assets 301 262 164
Revenue 367 469 486
PAT 70 95 23
Issue Details
Total Shares Offered
400,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹3 Cr
Pre-Issue Shareholding
1,000,000 shares
Post-Issue Shareholding
1,400,000 shares
UPI Mandate
24 Feb 2022
IPO Analytics Dashboard
LIVE
Ekennis Software Service IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Strong
Ekennis Software Service IPO GMP Strength Score
9 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Ekennis Software Service IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 188,800 (47%) —
👤 Retail (RII) — 188,800 (47%) —
📊 Market Maker — 22,400 (6%) —
Σ Total — 400,000 (100%) —

* Amount calculated at upper price band (₹72) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 188,800 (47%)
47%
👤
Retail (RII) ? 188,800 (47%)
47%
📊
Market Maker ? 22,400 (6%)
6%
Total Shares Offered 400,000 (100%)
Ekennis Software Service IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 1,600
Min. Investment ₹115,200
💼 HNI Investors ?
Min. Lots 2
Min. Shares 3,200
Min. Investment ₹230,400
Ekennis Software Service IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue P/E ?
11 x
Ekennis Software Service IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 03 Mar 2022
  2. 2 📂 Credit of Shares to Demat 04 Mar 2022
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.
  • The IPO P/E of 11x reflects a strong valuation relative to typical market ranges.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 72  ·  Symbol: —
H —
L —
O —
Ekennis Software Service IPO Company Info
📍 2 nd Floor, Concord Anthuriams, Neeladri Road No. 49,50,51, Dodathogur Vill, Electronic City, Bangalore Urban, Karnataka, 560100
Visit Website
Ekennis Software Service IPO Registrar
Skyline Financial Services Pvt.Ltd.
Check Allotment Status
Ekennis Software Service IPO FAQs
Ekennis Software Service IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Ekennis Software Service IPO is ₹72 per share. One lot has 1,600 shares, so the minimum investment is about ₹115,200. It is a Fresh Capital issue.
Ekennis Software Service IPO opened on 21 Feb 2022 and closed on 24 Feb 2022. Allotment is tentatively finalised on 02 Mar 2022. Shares are listed on BSE SME on 07 Mar 2022.
Ekennis Software Service Ltd is engaged in the business of software IT solution and consulting services, IT product/ software development, and software training, ERP solution, Learning Management Solution, 3D printing, Digital printing and packaging design consultancy.
As per the offer document, Ekennis Software Service plans to use the IPO proceeds for: 1 Purchase of Plant and Machinery (₹0); 2 Funding working capital requirements (₹1); 3 General Corporate Purposes (₹1).
The lead manager of Ekennis Software Service IPO is Shreni Shares Ltd..
Ekennis Software Service IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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