Mindpool Technologies IPO

Mindpool Technologies IPOMindpool Technologies IPO description - Mindpool Technologies is engaged in the business of providing Oracle Consultancy Services, IT staffing and solutions and Corporate Training Services across various industries including viz. banking and financial services, automotive and engineering, telecom, healthcare, Retail and Entertainment in India and US. As of 31 March 2018, it has served 22 clients and has 103 employees.

Its key clients include Herbalife International India Private Ltd, Clairvoyant India Private Limited, Inspirage Software Consulting Private Limited, HTC Global Services (India) Private Ltd. etc. The principal services of the company include:

  • Oracle Consultancy Services: It provides services in Oracle EBS, Oracle SCM and Oracle SOA covering upgrade & support solutions. Its services include advising, building, implementing, managing and supporting Oracle solutions and operating Oracle systems for our clients.
  • IT staffing solutions: Its services include manpower recruitment and outsourcing for clients, comprising permanent staffing solutions and flexi staffing solutions
  • Corporate Training: It provides the training programs to assist the employees of the clients in building their IT skillsets, to improve their technological knowledge, enhance their soft skills etc.
Mindpool Technologies promoters – Ritesh R  Sharma and Poonam R Sharma
Mindpool Technologies - Upcoming IPO details
Subscription Dates 14 - 20 February 2019
IPO Price band INR30 per share
Fresh issue 1,200,000 shares (INR3.60 crore)
Offer for sale Nil
Total IPO size 1,200,000 shares (INR3.60 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR1.90 crore
  • Repayment of a portion of Bank Borrowings - INR0.44 crore
  • General Corporate Purposes - INR0.33 crore
  • Issue Expenses - INR0.93 crore
Mindpool Technologies' consolidated financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 26.3 25.9 20.8 25.4 20.4
Total expenses 19.7 25.6 20.5 23.6 18.1
Profit after tax 5.8 -1.1 0.3 1.3 1.7
Mindpool Technologies Contact Details

Mindpool Technologies Limited 
Enzyme Tech Park, 1st Floor,142
Koramangala Industrial Layout, Hosur Main Road
5th Block Koramangala, Bangalore – 560095

Phone: +91 20 30226113
Email: [email protected]
Website: www.mindpooltech.com

Mindpool Technologies IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.60
Day 2 0.74
Day 3 0.87
Day 4 0.94
Day 5 1.98

 

Mindpool Technologies Valuation (For FY2018)

Earnings Per Share (EPS): INR5.54

Price/Earnings (P/E) ratio: 5.42

Return on Net Worth (RONW): 15.87%

Net Asset Value (NAV): INR34.53 per share

Registrar of Mindpool Technologies IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Mindpool Technologies IPO Allotment Status

Mindpool Technologies IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Mindpool Technologies

IPO Opening Date: 14 February 2019

IPO Closing Date: 20 February 2019

Listing Date: 28 February 2019

Listing Price on NSE SME: INR30 per share (no change from IPO price)

Closing Price on NSE SME: INR28.5 per share (down 5% from IPO price)

Mindpool Technologies IPO
4.4 (88.89%) 9 votes

One thought on “Mindpool Technologies IPO

  • February 18, 2019 at 2:34 PM
    Permalink

    how to buy mindpool !!

    Reply

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