Capital Numbers Infotech IPO: A Detailed Overview
Capital Numbers Infotech Limited, a leading player in digital consulting and IT engineering, is set to launch its Initial Public Offering (IPO). The subscription window will open on January 20, 2025, and close on January 22, 2025. The IPO aims to raise approximately ₹169.37 crore by issuing 64,40,000 equity shares.
Key IPO Details
- Price Band: ₹250 to ₹263 per share
- Lot Size: A minimum bid of 400 shares, amounting to ₹1,05,200 at the upper price level
- Listing Platform: Shares will be listed on the BSE SME platform, with the listing date expected to be January 27, 2025.
Company Overview
Capital Numbers Infotech Limited is a reputed name in the field of digital consulting and IT engineering. The company offers a comprehensive suite of services, including:
- Digital Engineering
- Data Analytics
- Artificial Intelligence and Machine Learning (AI/ML)
- Cloud Solutions
- UI/UX Design
- Emerging technologies like Blockchain and Augmented/Virtual Reality (AR/VR)
This diversified portfolio underscores the company’s commitment to staying at the forefront of technological innovation.
Objective of the IPO
The funds raised from the IPO will be used for:
- Expanding the company’s operations and market reach
- Upgrading technology and infrastructure
- Meeting general corporate requirements
Investor Quotas and Application Process
- Retail Investor Allocation: 35% of the IPO shares are reserved for retail investors.
- How to Apply: Investors can apply using the ASBA (Application Supported by Blocked Amount) process via their bank accounts or through UPI-enabled brokerage platforms.
Important Dates
- Basis of Allotment: January 23, 2025
- Refunds Initiation: January 24, 2025
- Demat Account Credit: January 24, 2025
- Listing Date: January 27, 2025
Why Consider Investing in Capital Numbers IPO?
- Strong Industry Presence: Capital Numbers has established itself as a leader in digital and IT engineering services.
- Growth Potential: With the increasing demand for digital transformation solutions, the company is well-positioned for future expansion.
- Strategic Use of Funds: The IPO proceeds will be directed toward business growth and technological advancements, enhancing its competitive edge.
Points to Consider
- Review the financials and growth strategy outlined in the prospectus.
- Assess potential risks related to market competition and economic fluctuations.
- Ensure alignment with your financial objectives and risk tolerance before investing.
Conclusion
The Capital Numbers Infotech IPO provides an opportunity to invest in a dynamic and growing IT services company. While the growth prospects are appealing, potential investors should conduct thorough research and consider consulting financial advisors before making decisions.
Disclaimer: This content is for informational purposes only and should not be construed as financial advice. Investors are encouraged to read all related documents carefully and seek professional guidance before investing.
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