IPO Synopsis

ITCONS E-Solutions Ltd
Registered Office: Regus Elegance 2F Elegance,Jasola District Centre,New Delhi-110025, Delhi
Tel. No: 91-120-4149563
Fax No:
Email: gaurav@itconsinc.com
Website: https://www.itconsinc.com
Initial public offer of 17,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Ttcons E-Solutions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 51/- per equity share, including a share premium of Rs. 41/- per equity share (the "Issue Price"), aggregating to Rs. 8.67 croress ("The Issue"), of which 86,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 0.44 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 16,14,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 8.23 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 33.81% and 32.10% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 51/- each i.e., 5.1 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares
Issue Money Payable On
Opens On Closes On Application Allotment
28-Feb-2023 02-Mar-2023 ₹51.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 7.40 Finshore Management Services Ltd
Project Financed through Current Offer 8.67
Post Issue Equity Share Capital 5.03
Issue Price 51.00
Projects
Working Capital Requirements
General Corporate Expenses
Promoted By
Gaurav Mittal
Swati Jain
Listing At
BSE - SME
Registrar To The Issue