IPO News
Home >> Markets >> Equity >> News >> IPO News Detailed News
Xelpmoc Design and Tech sees poor debut
(16:29, 04 Feb 2019)

Shares of Xelpmoc Design and Tech settled at Rs 58.80 on BSE, a discount of 10.9% over the initial public offer price of Rs 66. The stock debuted at Rs 56, a discount of 15.15% to the initial public offer (IPO) price. The stock hit a high of Rs 58.80 and low of Rs 56. On BSE, 1,405 shares were traded on the counter.

The IPO of Xelpmoc Design and Tech received bids for 66.40 lakh shares, as against 20.40 lakh shares on offer, National Stock Exchange of India (NSE) data showed. The issue was subscribed 3.25 times.

The issue opened for subscription on 23 January 2019 and closed on 25 January 2019. The price band for the issue was fixed at Rs 62 to Rs 66 per share.

The qualified institutional buyers (QIBs) category was subscribed 1.24 times. The non institutional investors category was subscribed 7.69 times. The retail individual investors (RIIs) category was subscribed 2.64 times.

Xelpmoc Design and Tech provides professional and technical consulting services, offering technology services and end-to-end technology solutions and support. Its clients range from entrepreneurs and start-up enterprises to established companies, engaged in e-commerce, transportation and logistics, recruitment, financial services, social networking, and various other industries. The company provides a wide range of services, including, mobile and web application development, prototype development, thematic product development and data science and analytics assistance.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     361.35   Up   0.60 (0.17%)   Asian Paints Ltd     1,457.55   Down   -13.70 (-0.93%)   Axis Bank Ltd     745.70   Down   -11.35 (-1.50%)   Bajaj Auto Ltd     2,957.95   Up   8.20 (0.28%)   Bajaj Finance Ltd     2,849.80   Up   13.15 (0.46%)   Bajaj Finserv Ltd     6,917.25   Down   -42.80 (-0.61%)   Bharat Petroleum Corporation Ltd     383.70   Up   4.75 (1.25%)   Bharti Airtel Ltd     327.00   Down   -4.55 (-1.37%)   Bharti Infratel Ltd     306.60   Down   -9.50 (-3.01%)   Cipla Ltd     526.85   Up   0.05 (0.01%)   Coal India Ltd     237.20   Up   5.25 (2.26%)   Dr Reddys Laboratories Ltd     2,780.95   Up   29.65 (1.08%)   Eicher Motors Ltd     21,151.35   Down   -295.50 (-1.38%)   GAIL (India) Ltd     351.65   Up   2.70 (0.77%)   Grasim Industries Ltd     815.40   Down   -4.70 (-0.57%)   HCL Technologies Ltd     1,017.65   Down   -7.20 (-0.70%)   HDFC Bank Ltd     2,281.30   Up   5.15 (0.23%)   Hero Honda Motors Ltd     2,575.70   Down   -27.60 (-1.06%)   Hindalco Industries Ltd     205.45   Down   -3.65 (-1.75%)   Hindustan Petroleum Corporation Ltd     274.25   Up   5.90 (2.20%)   Hindustan Unilever Ltd     1,673.85   Down   -4.20 (-0.25%)   Housing Development Finance Corporation Ltd     1,945.65   Down   -35.90 (-1.81%)   ICICI Bank Ltd     383.50   Down   -8.30 (-2.12%)   Indiabulls Housing Finance Ltd     713.35   Down   -13.65 (-1.88%)   Indian Oil Corporation Ltd     164.35   Up   7.30 (4.65%)   IndusInd Bank Ltd     1,683.55   Down   -15.05 (-0.89%)   Infosys Technologies Ltd     735.25   Down   -7.85 (-1.06%)   ITC Ltd     295.05   Down   -3.15 (-1.06%)   JSW Steel Ltd     278.80   Down   -6.95 (-2.43%)   Kotak Mahindra Bank Ltd     1,308.65   Down   -27.60 (-2.07%)   Larsen & Toubro Ltd     1,376.75   Down   -17.95 (-1.29%)   Mahindra & Mahindra Ltd     664.60   Down   -14.20 (-2.09%)   Maruti Suzuki India Ltd     6,522.60   Down   -30.10 (-0.46%)   NIFTY (S&P CNX)     11,354.25   Down   -102.65 (-0.90%)   NTPC Ltd     135.35   Up   0.70 (0.52%)   Oil & Natural Gas Corpn Ltd     158.65   Up   6.30 (4.14%)   Power Grid Corporation of India Ltd     202.00   Up   3.50 (1.76%)   Reliance Industries Ltd     1,324.45   Down   -17.30 (-1.29%)   State Bank of India     294.00   Down   -4.05 (-1.36%)   Sun Pharmaceuticals Industries Ltd     464.65   Down   -8.60 (-1.82%)   Tata Consultancy Services Ltd     1,984.25   Down   -21.40 (-1.07%)   Tata Motors Ltd     171.30   Down   -4.10 (-2.34%)   Tata Steel Ltd     515.15   Down   -3.25 (-0.63%)   Tech Mahindra Ltd     789.60   Up   0.85 (0.11%)   Titan Company Ltd     1,100.10   Down   -2.45 (-0.22%)   UltraTech Cement Ltd     3,871.05   Down   -58.70 (-1.49%)   UPL Ltd     912.70   Down   -22.25 (-2.38%)   Vedanta Ltd     168.25   Down   -5.65 (-3.25%)   Wipro Ltd     256.50   Down   -4.05 (-1.55%)   Yes Bank Ltd     247.25   Down   -5.35 (-2.12%)   Zee Entertainment Enterprises Ltd     416.45   Down   -18.40 (-4.23%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com