We are a Software as a Service (SaaS) company primarily engaged in the business of providing customized and integrated Enterprise Resthece Planning (ERP) solutions to clients across various sectors, including education, manufacturing, retail, and construction. In addition to the education and ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 4,08,000 (25.9%) |
| Employee Reserved | 1,29,600 (8.23%) |
| Market Makers | 79,200 (5.03%) |
| Non Institutional Investors | 2,06,400 (13.1%) |
| Qualified Institutional Buyers (QIBs) | 2,72,800 (17.32%) |
| Retail Individual Investors (RIIs) | 4,79,200 (30.42%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 13.48 Cr | 4.38 Cr | 9.17 Cr |
The Issue comprises the Fresh Issue of Equity Shares having face value of ? 10 each of the Company.
APPRAISING AGENCY
None of the Objects of the Issue for which the Net Proceeds will be utilized have been appraised by any external agency or any bank/financial institution.
REQUIREMENTS OF FUNDS
The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding of the following objects:
- Development of Proprietary Technology Solution called “ZEROTOUCH DaaS” (Device as a Service) (“Proposed Project”).
- Purchase of new IT Infrastructure and Certification.
- Funding of Tender Deposits and Earnest Money Deposits (EMD) towards Tenders.
- Funding the incremental Working Capital Requirements of the Company.
- To meet general corporate expenses.
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 155.00 | - |
| Open | ₹ 294.50 | - |
| Low | ₹ 294.50 | - |
| High | ₹ 309.20 | - |
| Last Trade | ₹ 309.20 | - |
The promoters of the Company as on the date of this Red Herring Prospectus are:
1. Dhirajlal Bhanjibhai Gadhethariya
2. Bhaveshkumar Dhirajlal Gadhethriya
3. Rinaben Bhaveshkumar Gadhethariya
The information in this section includes extracts from publicly available information, data and statistics and has been derived from various government publications and industry stheces. Neither we nor any other person connected with the Issue have verified this information. The data may have ... Read more
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