Reliable Data Services Ltd

About the Company:

Company is engaged in providing customised services to various Banks, financial institutions and other manufacturing industries in the field of management services, transaction processing services, human resources services.

Company was floated by a group of professionals having business interest in IT enabled services which includes web enabled services, remote services.

Company provides a comprehensive range of services like management services, transaction processing services & Human Resources Services

Client lists includes various banks, insurance companies, financial institutions, financial service companies, telecom companies etc.

Company has entered into agreement with various leading MNCs and Private Sector Banks like Standard Chartered Bank,Deutsche Bank, HSBC, HDFC Bank Ltd, ICICI Bank, Axis Bank, Citibank and Yes Bank for providing various support services.

Few Public Sector Banks were also added to their client list such as IDBI, Union Bank and Corporation Bank.

Company’s Client List Includes:

Standard Chartered Bank.
ICICI Bank.
HSBC Bank.
Axis Bank.
Yes Bank.
Deutche Bank.
DBS Bank.
Kotak Mahindra Bank.
HDFC Bank.
Citi Bank.

Services Provided by the Company:

1.Transaction Processing Services:

Pick-up and processing cheques / Drafts / Documents from clients.
Back office support for Bank clearances.
Coordinating Funds activity between banks and their clients.

2.Management Services:

Business Consulting Services.
Designing of Accounting and Office records.
Designing and installing system for budgetary control, fund management and costing.

3.Human Resource Services:

Recruitment solutions including placement services.
Payroll Processing.
Outsourcing solutions related to manpower.
Provident fund and ESI related services.

Management Team:

Mr. Sanjay Kumar Pathak (Designation: Chairman cum Managing Director)
Mr. Rakesh Jha (Designation: Whole Time Director)
Mr. Sandeep Kumar Jha (Designation: Whole Time Director)

Objectives of the Issue:

Working Capital Requirement.
Pre-payment of Loan.
To meet Capital Expenditure.
General Corporate Purpose.
To Meet the Issue Expenses.

Fund Utilisation:

Particulars	Amount (Rs. in Lakhs/Crores)
Working Capital requirements	500.00
Prepayment of Loan	596.07
Capital Expenditure	248.48
General Corporate Expenses	97.45
Net Proceeds	1442.00

Promoters Stake Pre & Post Issue:

Shareholder Name	Pre Issue Stake (%)	Post Issue Stake
Promoter
Sandeep Kumar Jha	18.75	13.08
Rakesh Jha	22.25	15.52
Sanjay Kumar Pathak	22.70	15.84
Sunil Kumar Rai	19.85	13.85
Anil Kumar Jha	16.45	11.48
Promoter Group	0.00	0.00
Total	100%	69.77%

Promoters Average Acquisition Cost:

Name of the Promoter	No. of Shares held	Average Acquisition Cost (in Rs.)
Sandeep Kumar Jha	11,24,970	0.60
Rakesh Jha	13,34,970	0.60
Sunil Kumar Rai	11,90,970	0.60
Sanjay Kumar Pathak	13,61,970	0.60
Anil Kumar Jha	9,87,000	0.60

Financials of the Company:

(in Crores)	FY 13	FY 14	FY 15	FY 16	FY 17
Revenue	14.34	20.49	24.71	26.39	34.60
Net Profit	1.02	1.48	1.72	1.29	1.62

IPO Details:

Details	Info
Issue Opens on	27th September 2017
Issue Closes on:.	3rd October 2017
Issue Price	Rs.57
Face Value	Rs.10
Minimum Lot	2000
Minimum Investment	Rs.1,14,000
Issue Constitutes	30.23%
Issue Size	Rs.14.82cr
Market Cap	Rs.49.02 cr
Listing at	NSE SME
Equity Shares Offered	26,00,000
Equity Shares Prior	60,00,000
Equity Shares after the issue	86,00,000