NIKS Technology IPO is going to open for subscription on 19 March 2021. The company is aiming for an issue size of ₹2.01 Crore through this fixed price issue IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
NIKS Technology Limited
Incorporated in 2014, NIKS Technology Limited is an IT solution service provider company. The business offers a range of services i.e. Digital Marketing, Software Development, website development, mobile app development, and classroom training and certification courses to students via offline and online routes. Its diversified product portfolio caters to the growing demand of the IT sector. following are the major Products and services
- Digital Marketing: SEO, SEM, content marketing, content automation, e-commerce, social media marketing, etc.
- Online & Offline courses: Cybersecurity, digital marketing, Internet of things (IoT), Machine Learning, Artificial Intelligence, web development, software development, Programming language, etc.
- Software Development: PHP Development, AJAX Development, MySQL Development, .NET Development, J2EE, SharePoint Development.
- Web Development: Website designing, PHP Design, and application, website hosting, website redesigning, website support and maintenance, etc.
Objectives of the Issue
- To meet working capital requirements.
- To meet general corporate purposes.
- For issue-related expenditures.
Competitive Strengths
- Rich management experience.
- Domain expertise and technical excellence.
- Quality services and customer loyalty.
- Continue to focus on product innovation.
IPO Details
| IPO Opening Date | 19 March 2021 |
| IPO Closing Date | 23 March 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹201 per equity share |
| Market Lot | 600 Shares |
| Min Order Quantity | 600 Shares |
| Listing At | BSE SME |
| Issue Size | 100,200 Eq Shares of ₹10 (aggregating up to ₹2.01 Cr) |
| Fresh Issue | 33,200 Eq Shares of ₹10 (aggregating up to ₹0.67 Cr) |
| Offer for Sale | 67,000 Eq Shares of ₹10 (aggregating up to ₹1.35 Cr) |
Financial Summary
| Particulars | For the year/period ended (₹ in lakh) | |||
|---|---|---|---|---|
| 31-Jan-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 67.56 | 39.37 | 7.36 | 9.30 |
| Total Revenue | 27.66 | 19.66 | 19.84 | 19.32 |
| Profit After Tax | 14.31 | 8.15 | (0.18) | (0.64) |
Company Promoters
- Mr. Manish Dixit
Lead Manager
- Gretex Corporate Services Pvt Ltd
NIKS Technology IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Company Contact Information
NIKS Technology Limited
Flat No. 501, Shiv Laxmi Plaza,
Opp Rajendra Nagar, Old Bypass Main Road
Kankarbagh, Patna – 800020
Phone: +91 – 0612 7966249
Email: info@nikstech.com
Website: http://www.nikstech.com/
Final thoughts
NIKS Technology 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 will give you enough details to make a fundamental study of the company. learn well and make a wise decision.
Happy Investing
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