Ksolves India Ltd

About the Company:

Ksolves India Ltd is an ISO certified software services and product company offering solutions that enables client organizations to rapidly develop powerful applications addressing their strategic business needs.

The applications created by the company enable organizations to drive digital transformation and competitive differentiation. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed.

Company is basically engaged in software development, enterprise solutions and consulting, providing a range of Information Technology (“IT”) solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc.

Company designs, develops and maintains software systems and solutions, create new applications and enhance the functionality of our customer’s existing software products.

The company also works on latest and trending technologies like Salesforcem, AI, AR/VR, IoT, Chatbot,etc.

Company’s revenue is predominantly generated from exports sales and we are providing our Information Technologies services along with our subsidiary company to clients over 30 countries and over 80% of sales comes from North American Clients.


Subsidiary Company:

Additionally, Company has acquired 100% stake in Kartik Solutions Private Limited in the year 2019 which become wholly owned Subsidiary company of our Company. Subsidiary Company is engaged in providing IT and IT Enabled Services which include mobile application development, web solutions, E-commerce solutions and cloud


Revenue from various Geographies:



Management Team:

  1. Mr. Ratan Kumar Srivastava (Designation: Chairman and Managing Director)
  2. Mrs. Deepali Verma (Designation: Whole Time Director & Chief Financial Officer)


Objectives of the Issue:

  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses


Financials of the Company:

(in Crores) FY 18 FY 19 FY 20
Revenue 3.4 5.42 8.14
Net Profit 0.05 0.15 0.68


Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Ksolves India Ltd 10 13.48 7.42 77.42% 33.04
Dev Information Technology Ltd 10 7.90 9.08 14.78% 53.42
Innovana Thinklabs Ltd 10 8.01 8.36 15.56% 51.54


IPO Details:

Details Info
Issue Opens on 23rd June 2020
Issue Closes on:. 26th June 2020
Issue Price Rs.100
Face Value Rs.10
Minimum Lot 1200 Shares
Minimum Investment Rs.1,20,000
Issue Constitutes 27.12%
Issue Size Rs.4.02 cr
Market Cap Rs.14.82 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 4,02,000
Equity Shares Prior to the Issue 10,80,000
Equity Shares after the Issue 14,82,000



Company Contact Info:
Ksolves India Limited
H.No. B-8/1, Ground Floor,
Saidulajab, South Delhi,
Delhi – 110030, India
Tel. No.: +91-83688 69148/
+91-98719 77038/ +91-8533804 374
E-mail: ratan@ksolves.com
Website: www.ksolves.com



IPO Registrar Info:
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road, Marol,
Andheri (East) Mumbai – 400059, Maharashtra, India.
Telephone: +91-22-6263 8200
Facsimile: +91-22-6263 8280
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com



Lead Manager to the Issue:
Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West),
Mumbai- 400092, Maharashtra, India
Telephone Number: +91-22-28088456
Email Id: shrenishares@gmail.com
Website: www.shreni.in