Xelpmoc Design and Tech sees poor debut
04-Feb-19   16:29 Hrs IST

Shares of Xelpmoc Design and Tech settled at Rs 58.80 on BSE, a discount of 10.9% over the initial public offer price of Rs 66. The stock debuted at Rs 56, a discount of 15.15% to the initial public offer (IPO) price. The stock hit a high of Rs 58.80 and low of Rs 56. On BSE, 1,405 shares were traded on the counter.

The IPO of Xelpmoc Design and Tech received bids for 66.40 lakh shares, as against 20.40 lakh shares on offer, National Stock Exchange of India (NSE) data showed. The issue was subscribed 3.25 times.

The issue opened for subscription on 23 January 2019 and closed on 25 January 2019. The price band for the issue was fixed at Rs 62 to Rs 66 per share.

The qualified institutional buyers (QIBs) category was subscribed 1.24 times. The non institutional investors category was subscribed 7.69 times. The retail individual investors (RIIs) category was subscribed 2.64 times.

Xelpmoc Design and Tech provides professional and technical consulting services, offering technology services and end-to-end technology solutions and support. Its clients range from entrepreneurs and start-up enterprises to established companies, engaged in e-commerce, transportation and logistics, recruitment, financial services, social networking, and various other industries. The company provides a wide range of services, including, mobile and web application development, prototype development, thematic product development and data science and analytics assistance.

Powered by Capital Market - Live News

Attention Investors:
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
Disclosure of Proprietary Account Trading by Members to Clients
Proprietary Trading Disclosure:In terms of provisions of the Rules, Bye-Laws and Business Rules of the Exchange and with reference to circular MCX/T&S/147/2016 dated May 17, 2016 regarding Disclosure of Proprietary Account Trading by broker to client.,Pursuant to SEBI Circular Number SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003 & SEBI/HO/CDMRD/DMP/CIR/P/2016/49 dated April 25, 2016 GOODWILL WEALTH MANAGEMENT PVT LTD. Discloses to its clients about its policies on proprietary trades. Goodwill does proprietary trading in the derivatives segment at MCX respectively.GOODWILL – SEBI Reg No. INZ000049087
Copyright © 2016 All rights Reserved GOODWILL
Designed, Developed and content powered by CMOTS Infotech ( ISO 9001:2015 certified )