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
solutions.
Revenue from various Geographies:
Management Team:
- Mr. Ratan Kumar Srivastava (Designation: Chairman and Managing Director)
- 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: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 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: |
|---|
| SHRENI SHARES PRIVATE LIMITED 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 |
