The Yudiz Solutions IPO started on August 4, 2023, and ended on August 8, 2023. Shares were allocated on August 11, 2023, and refund processes began on August 14, 2023. On August 17, 2023, the shares were credited to investors demat accounts. Yudiz Solutions was officially listed on the stock exchange on August 17, 2023.
During the IPO, Yudiz Solutions offered shares at a price range of ₹162 to ₹165 per share, and the lot size was 800 shares. The total issue size was ₹44.84 crores, with ₹44.84 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors, 15% were reserved for Employee.
Yudiz IPO Subscription Update Video
Yudiz Solutions IPO Subscription Status
The Yudiz Solutions IPO on August 8, 2023 was subscribed 5.03 times, with the retail category being subscribed 6.41 times, the NII (Non-Institutional Investor) category being subscribed 4.77 times, the QIB (Qualified-Institutional Buyers) category being subscribed 2.81 times.
| Category | Subscription |
| QIB | 2.81x |
| NII | 4.77x |
| Retail | 6.41x |
| Total | 5.03x |
Yudiz Solutions IPO Basic Details
| Company Name | Yudiz Solutions Limited |
| Domain of Company | IT solutions and consultancy services |
| IPO Open Date | August 4, 2023 |
| IPO Close Date | August 8, 2023 |
| IPO Allotment Date | August 11, 2023 |
| IPO Listing Date | August 17, 2023 |
| Face Value | ₹10 per share |
| Price | ₹162 to ₹165 per share |
| Lot Size | 800 Shares |
| Issue Size | 2,717,600 shares (aggregating up to ₹44.84 Cr) |
| Fresh Issue | 2,717,600 shares (aggregating up to ₹44.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Bharat Shamjibhai Patel, Chirag Rajendrakumar Leuva, Pratik Bhaskarbhai Patel And Ability Games Limited |
About Yudiz Solutions Limited
Yudiz Solutions Limited, founded in 2012, specializes in IT solutions and consultancy services. It is a digital transformation and technology services company offering a wide range of services, such as mobile app development, game development, Blockchain, AR/VR, web development, E-commerce solutions, and more.
Additionally, Yudiz provides solutions in Mobile, Web, AR/VR, UI/UX, and IoT by integrating cutting-edge technologies. The company has developed various platforms, including News Platform, E-commerce Bidding Platform, On-Demand Services Platform, VR Training Platform, HR Intelligence Software, and more.
Yudiz Solutions Limited boasts a competitive edge with its experienced management team, domain expertise, and a dedicated and skilled workforce. The company’s integrated business model offers comprehensive and one-stop-shop solutions, leading to a low attrition rate.
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Yudiz Solutions IPO FAQs
What is the start and end date of Yudiz Solutions IPO Subscription?
The Yudiz Solutions IPO started on August 4, 2023, and ended on August 8, 2023.
When does Yudiz Solutions IPO Subscription open?
The Yudiz Solutions IPO open on August 4, 2023.
When does Yudiz Solutions IPO Subscription close?
The Yudiz Solutions IPO Close on August 8, 2023.
What is the allotment date of Yudiz Solutions IPO?
The allotment date for Yudiz Solutions IPO is August 11, 2023.
When is the initial refund date of Yudiz Solutions IPO?
The initial Refund date for Yudiz Solutions IPO is August 14, 2023.
When were the shares credited to investors demat accounts for the Yudiz Solutions IPO?
The shares for the Yudiz Solutions IPO were credited to investors demat accounts on August 17, 2023.
When will Yudiz Solutions IPO be listed on the stock market?
Yudiz Solutions IPO stock market will be listed on August 17, 2023 at 10 am.
What was the price range of the Yudiz Solutions IPO shares?
The Yudiz Solutions IPO shares were offered at a price range of ₹162 to ₹165 per share.
What was the lot size for the Yudiz Solutions IPO shares?
The lot size for the Yudiz Solutions IPO shares was 800 shares.
What was the total issue size of the Yudiz Solutions IPO?
The total issue size of the Yudiz Solutions IPO was ₹44.84 crores.
On which stock exchanges was the Yudiz Solutions IPO listed?
The Yudiz Solutions IPO was listed on the NSE SME.
What is the Yudiz Solutions IPO Subscription Status?
Yudiz Solutions IPO is subscribed 5.03 Times.
