Xelpmoc Design and Tech Limited IPO- Detail, price band, market lot

Xelpmoc Design and Tech Limited, New ipo 2019, ipo 2019,

Xelpmoc Design and Tech Limited were incorporated as ‘ Xelpmoc Design and Tech Private Ltd’, as a private ltd company, under the Company Act 2013 on September  16, 2015, at Bangaluru, Karnataka, India. The company engaged in the business of providing technical consulting service, latest technology solutions, and support.

The company provides a wide range of service, its include thematic product development, data analytics assistance, prototype development and mobile and web application development.

Company Promoters

The individual promoters of the company are Srinivas Koora, Sandipan Chattopadhyay and Jaison Jose. They hold 7,456,990 Equity shares representing 73.08% of the pre-issue paid up Equity share of the Company.

Company Financial Information

a summary of the financial information is last 2 zero rounded

  Xelpmoc Design and Tech IPO Detail

Issue Open
23 January 2019
Issue Close
25 January 2019
Issue Type
Book Built Issue IPO
Issue Size
Approximately up to Rs. 23 Cr)
Issue Price
Rs. 62- Rs 66 per Equity Share
Face Value
Rs 10 per Equity share
Market Lot
Retail Discount
Rs. 3 each share
Min Order Quantity
Listing At
Time table for IPO (tentative)
Bid/ Offer Opens On
23 Jan 2019
Bid/ Offer close On
25 Jan 2019
Allotment Date
30 Jan 2019
Initiation of Refunds
31 Jan 2019
Credit of shares to Demat Account
1st Feb 2019
IPO LIsting
4th Feb 2019

purpose of the Issue:

1. Purchase of IT hardware and network equipment’s for development centers in Hyderabad and Kolkata
2. Increase fund in working capital
3. General corporate purposes
4. Purchase of fit-outs for new development centers in Kolkata and Hyderabad
IPO Prospectus

Company Address

Xelpmoc Design and Tech Limited
#17, 4th Floor, Agies Building
1st ‘A’ Cross, 5th Block,
Koramangala, Bengaluru – 560 034
Phone: +91 80 4370 8360
IPO Registrar
Karvy Computershare Private Limited
Xelpmoc Design and Tech IPO Lead Manager
1.      ITI Capital Ltd

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