ADJIA Technologies IPO will open for subscription from 02 march 2021. the company aims for an issue size of ₹2.00 Crore through this fixed price issue IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
ADJIA Technologies Limited
DJIA Technologies Limited offers augmented reality and virtual reality related to customers electronically. It further offers software consultancy-related services to clients. The company provides VR AR 360 based products and services to customers across industries i.e. manufacturing, reality, marketing, e-commerce, education, real estate, hospitality, etc.
Objectives of the Issue
- To fund the equipment purchase.
- For marketing initiatives.
- To meet general corporate purposes.
Competitive Strengths
- High-quality service standards.
- Technological advancement and product innovation.
- Experienced management.
- Strong customer relationship.
ADJIA Technologies IPO Timetable
| IPO Open Date | Mar 2, 2021 |
| IPO Close Date | Mar 4, 2021 |
| Basis of Allotment Date | Mar 9, 2021 |
| Initiation of Refunds | Mar 10, 2021 |
| Credit of Shares to Demat Account | Mar 12, 2021 |
| IPO Listing Date | Mar 15, 2021 |
ADJIA Technologies IPO Details
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹74 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | BSE SME |
| Issue Size | 270,400 Eq Shares of ₹10 (aggregating up to ₹2.00 Cr) |
IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹118,400 |
| Maximum | 1 | 1600 | ₹118,400 |
Company Financials
| Particulars | For the year/period ended (₹ in lakhs) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 67.92 | 4.05 | 1.66 | 1.67 |
| Total Revenue | 17.27 | 10.45 | – | – |
| Profit After Tax | 5.60 | 1.88 | (0.06) | (0.20) |
Company Promoters
- Mr. Roshan Kumar Rawal
| Pre Issue Share Holding | 94.10% |
| Post Issue Share Holding | 65.20% |
IPO Registrar
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.
Phone: 1-800-3454001
Email: adjia.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Contact Information
ADJIA Technologies Limited
102, Fairdeal House, Opp. Xaviers Ladies Hostel,
Swastik Char Rasta, Navrangpura
Ahmedabad – 380 009
Phone: +91-87800-38297
Email: info@adjiatechnologies.com
Website: http://www.adjiatechnologies.com/
Final thoughts
ADJIA Technologies IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision.
Happy Investing
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