The Lex Nimble Solutions date has been confirmed from March 12, 2018 and ended on March 23, 2018. Read the post to learn about Lex Nimble Solutions IPO GMP.
Lex Nimble Solutions IPO is a fixed price issue of Rs 6.34 crores. The price is ₹57 per share. The minimum lot size for an application is 2000 shares. The minimum investment for retail investors is ₹114,000.
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Key Details Of Lemon Tree Hotels IPO:
Bidding Dates
March 12-23
Price Range
₹57 per share
Face Value
₹10 per share
GMP
₹69.87
Lex Nimble Solutions IPO GMP
The Lex Nimble Solutions IPO GMP Today is ₹69.87.
Lex Nimble Solutions IPO Overview
Lex Nimble Solutions’ initial public offering (IPO) has a set price of Rs 6.34 crores. Lex Nimble Solutions’ IPO bidding began on March 12, 2018, and ended on March 23, 2018. On April 4, 2018, the shares debuted on the BSE SME. Lex Nimble Solutions’ IPO price is 57 cents per share.
An application requires a lot size of 2000 shares. Retail investors must commit a minimum of ₹140,000. They have completed projects in the areas of quality management system installation, Six Sigma implementation, information security consulting, and security testing. The company just achieved CMMI level 2 accreditation and plans to grow into new business sectors.
Lex Nimble Solutions IPO Details
| IPO Date | March 12, 2018 to March 23, 2018 |
| Listing Date | April 4, 2018 |
| Face Value | ₹10 per share |
| Price | ₹57 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,112,000 shares (aggregating up to ₹6.34 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 56,000 shares |
Lex Nimble Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹114,000 |
| Retail (Max) | 1 | 2000 | ₹114,000 |
Lex Nimble Solutions IPO Listing Details
| Listing Date | April 4, 2018 |
| BSE Script Code | 541196 |
| NSE Symbol | |
| ISIN | INE860Y01019 |
| Final Issue Price | ₹57 per share |
Company Profile
Lex Nimble Solutions Ltd, founded in 2012, is in the appraisal advisory, certification, training, and related services on quality models, IT product and development, and services business. Lex Nimble Solutions Ltd. (LNSL) is a wholly owned subsidiary of Lex Nimble Solutions Inc., USA, which owns 97.81% of the firm. The following are the primary revenue streams:
- IT application development, maintenance, and support: They provide back-office assistance for designing customer-centric apps, as well as maintenance and support services.
- Development and maintenance of portals and mobile applications: They offer support in developing and maintaining enterprise information portals or corporate portals. They also develop location aware mobile solutions. They have recently done development of mobile application and web application compatibility for Dubai port authority
- Corporate training: They provide personalized training, which involves analyzing and addressing clients’ individual needs.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Lex Nimble Solutions Ltd |
| Phone number | +91-40-23122330 |
| Email ID | [email protected] |
| Website | lexnimble.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Lex Nimble Solutions IPO FAQs
When Lex Nimble Solutions IPO will open?
The Lex Nimble Solutions IPO opens on March 12, 2018 and closes on March 23, 2018.
What is the lot size of Lex Nimble Solutions IPO?
Lex Nimble Solutions IPO lot size is 2000 Shares, and the minimum amount required is ₹114,000.
When is Lex Nimble Solutions IPO allotment?
The finalization of Basis of Allotment for Lex Nimble Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Lex Nimble Solutions IPO listing date?
The Lex Nimble Solutions IPO listing date is on April 4, 2018.
