About the Company:
Ekennis Software Service Ltd is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning Solution, Learning Management Solution, 3D Printing, Digital Printing and Packaging Design Management consultancy.
Company has leveraged domain expertise, processes and infrastructure to diversify our offering of services to cater to a variety of business sectors.
Company has consult, develop solutions around ERP systems that optimize business processes and leverage corporate knowledge leading to competitive advantage.
Company also provide business process analysis and system design, technical expertise, implementation, training and support services. We have expertise in SAP ERP (Technical & Functional).
Company’s major focus areas for implementation are discrete Manufacturing, Automotive, Food Processing, Chemicals, Telecom sectors.
Company has a team of SAP Professionals who have the credentials and capabilities to support service and consult our customers. Company’s consultants are trained and qualified on SAP, Microsoft and Oracle.
Services provided by the Company:
IT Solutions: Company is an Enterprise Resource Planning solution providing organization and a Solution Implementation Company in SAP, Microsoft and Oracle.
Company provides services to customers services that include tailored solutions by comprehending clients’ requirements and technology enabled services that meet business objectives.
3D and Digital Printing: Company provides 3D printing and packaging services, a range of innovative packaging products for the retail, food, fashion, entertainment, sports, baby care, personal & hygiene, industrial & agriculture industries.
EATS (Ekennis Application Tracking System) for Staffing Solutions.
EATS is an enterprise-friendly software built by us which is highly modular without runaway costs.
It is a software application built to automate hiring process in an organized approach, enhance efficiency in organization’s recruiting and staffing operations – by addressing multi-layer entity structure to bridge and interconnect each other as per operational requirements (company, vendor, Admin, HR-internal & HR-vendor).
One Stop Packaging Provider.
Company’s digital printing under “myperfectpack” brand, supplies a range of innovative packaging products for the Food, Baby Care, Personal & Hygiene, Industrial & Agriculture industries. “myperfectpack’s wide range of products meet international
Management Team:
- Ms. Manisha Sharma (Designation: Chairman & Managing Director)
- Ms. Ruchita Joshi (Designation: Non-Executive Director)
Objectives of the Issue:
Fresh Issue: (Rs.2.88 cr )
- Purchase of Plant and Machinery.
- Funding working capital requirements.
- General corporate purposes.
Positives for the Company:
Increase in existing installed capacities.
Company proposes to set up a new printing facility which shall expand the existing installed capacities for Digital Printing, for this purpose company has already procured a land in Bangalore from the Promoter on leave and license basis (rent free) for the proposed expansion.
Company have also purchased a property at 5th Floor, Flat No. TA-512, Block Topaz-A, Urbana Jewels, Gram Mudrampura, Sanganer, Jaipur, Rajasthan, India to set up another printing facility at Jaipur. This shall help company cater to expand the customer base and increase revenue from operations.
Financials of the Company:
| (in Crores) | FY 20 | FY 21 | 15th Jan 2022 |
|---|---|---|---|
| Revenue | 4.85 | 4.68 | 3.67 |
| Net Profit | 0.22 | 0.94 | 0.70 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Ekennis Software Service Ltd | 10 | 9.49 | 7.59 | 77.48% | 12.25 |
| Mindpool Technologies Ltd | 10 | 3.52 | 4.75 | 8.51% | 41.37 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 21st February 2022 |
| Issue Closes on:. | 24th February 2022 |
| Issue Price | Rs.72 |
| Face Value | Rs. 10 |
| Minimum Lot | 1600 |
| Minimum Investment | Rs.1,15,200 |
| Issue Constitutes | 28.57% |
| Issue Size | Rs.2.88 cr |
| Market Cap | Rs.10.08 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 4,00,000 |
| Equity Shares Prior to the Issue | 10,00,000 |
| Equity Shares after the Issue | 14,00,000 |
Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.
Important Dates:
| Finalization of Basis of Allotment | on or Before 2nd March 2022 |
| Initiation of Refunds | on or Before 3rd March 2022 |
| Credit of Equity Shares: | on or Before 4th March 2022 |
| Listing Date: | on or Before 7th March 2022 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 9.49 | 7.59 | 77.48% | 12.25 |
| Company Contact Info: |
|---|
| Ekennis Software Service Ltd 2nd Floor, Concord Anthuriams, Neeladri Rd No. 49,50,51 Dodathogur Vill, Electronic City, Bangalore – 560 100, Karnataka, India Tel No: 080 – 4114 5095 Email: info@ekennis.com Website: www.ekennis.com |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D – 153A, First Floor, Okhla Industrial Area, Phase – 1, New Delhi – 110 020, India Telephone: 011 – 4045 0193/97 E-mail: compliances@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Ram Nagar, Borivali (West), Mumbai – 400 092, Maharashtra, India Telephone: 022 – 2808 8456 E-mail: shrenishares@gmail.com Investors Grievance e-mail: info@shreni.in Website: www.shreni.in |
