Yudiz Solutions Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Yudiz Solutions

CMP

59.95

+0.75 (1.27%)

₹165

Offer Price

₹ 44.84 Cr

Issue Size

₹ 1,32,000

Min Investment

800

Lot size

Time Line

  • 04
    Aug 2023
    Open
  • 08
    Aug 2023
    Close
  • 11
    Aug 2023
    Finalisation of Basis of Allotment
  • 14
    Aug 2023
    Initiation of Refunds
  • 17
    Aug 2023
    Transfer of Shares to Demat Account
  • 17
    Aug 2023
    Listing Date

Objects of the Offer

  • To commercialize our white label products.

  • Launch of our own platforms.

  • Increase geographical spread.

  • Establish game studio.

  • Expand support and maintenance.

Strengths

  • Seasoned management team with domain expertise supported by skilled workforce.

  • Integrated Business Model.

  • Inhouse Research & Technological Development.

  • Multiple White Label Products.

  • Low Manpower Attrition Rate.

Risks

  • There is outstanding litigation pending against its Corporate Promoter which, if determined adversely, could affect its business, results of operations and financial condition.

  • The company is reported a restated loss for the six month period ended September 30, 2022 and may incur additional losses in the future.

  • The company present promoters of the Company are first generation entrepreneur.

  • The Company does not own the premises through which we conduct its business operations.

  • The Company has negative cash flows from its operating, investing and its financing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

Company Promoters

Promoters Holding

Issue For IPO
26.34%
Pre Holding

100.00%

Post Holding

73.66%

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022
Revenue 12.83 (-) 18.76 (46.20%)
Gross Profit 1.49 (-) 2.13 (43.00%)
Net Income 0.81 (-) 0.74 (-8.60%)
Assets 6.27 (-) 7.42 (18.30%)
Liabilities 0.87 (-) 0.73 (-16.10%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Yudiz Solutions Ltd 27.31 2.75 13.68 2.79 25.26 0.00 14.33 3.38 0.10
Dev Information Technology Ltd 124.16 8.97 67.74 67.74 21.60 4.08 18.81 13.24 0.17
Nazara Technologies Ltd 1,091.00 39.40 1,701.80 1,701.80 3.56 5.98 198.73 2.31 0.03
Silver Touch Technologies Ltd 163.78 9.71 147.81 147.81 10.36 7.66 73.90 6.57 0.12
Sigma Solve Ltd 55.45 9.90 63.12 63.12 28.97 9.64 50.34 15.68 0.11
Ksolves India Ltd 78.31 24.72 34.09 34.09 110.44 20.85 18.88 72.51 0.00

Book Running Managers

  • Narnolia Financial Services Ltd

Registrar & Transfer Agent

Mas Services Limited

T-34 2nd Floor,
Okhla Industrial Are,
Phase II - New Delhi - 110020
Phone : 91-011-26387281/83

Company Contact Information

13th Floor Bsquare 2,
Iscon-Ambli Road,
Ahmedabad - 380054
Phone : 91-7433977526 Email : secretarial@yudiz.com www.yudiz.com

Offer Related Information

Initial public offering of up to 27,17,600 equity shares of Rs. 10/- each ("Equity Shares") of Yudiz Solutions Limited ("YSL" or the "Company") for cash at a price of Rs. 165/- per equity share (the "Issue Price"), aggregating to Rs. 44.84 crores ("The Issue"). Out of the issue, 1,36,800 equity shares aggregating to Rs. 2.26 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 25,80,800... More

Yudiz Solutions FAQ's

The shares of Yudiz Solutions were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Yudiz Solutions IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Yudiz Solutions public issue was 125 shares.

The price band of the IPO of Yudiz Solutions was Rs. 114 to Rs. 120 per equity share.

Yudiz Solutions IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Yudiz Solutions IPO.

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