Incorporated in 2001, Kandarp Digi Smart BPO Limited is engaged in BPO services specializing in the area of support services solutions. The company provides a wide range of support services such as Call Centre, Contact Point Verifications, Site Visits, Document check/Pickup, E-KYC, Skip Tracing, Employee Back Check, Staffing Solutions, Payroll Management, Payment Collections (soft), AMC Booking Services etc. to its clients and specializes in providing End to End solutions to customers/clients.
The company has been in the current business line for more than 20 years and the client lists include various banks, insurance companies, financial service companies, etc. The company also helps clients with voice support services, field support services and Back Office Processing Services to provide a comprehensive range of services across all industry sectors to clients who need specialist assistance.
Kandarp Digi Smart BPO Limited has a Distribution Network all over India covering most parts of India and providing services across all cities of India.
Strengths :
- Distribution Network.
- Experienced management and a well-trained employee base.
- Existing client relationship.
- Diversified customer base and revenue sources.
- Increasing the efficiency and knowledge of Employees.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 928.15 | 1106.67 | 148.09 | 578.48 | 508.78 |
| 31-Mar-20 | 1191.15 | 1012.59 | 111.54 | 690.02 | 620.32 |
| 31-Mar-21 | 1719.64 | 1053.55 | 10.56 | 700.58 | 630.88 |
| 31-Mar-22 | 1860.42 | 1287.84 | 94.04 | 785.8 | 158.5 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses
Kandarp Digi Smart BPO IPO Details
| Kandarp Digi Smart BPO IPO Date | Sep 16, 2022 to Sep 20, 2022 |
| Kandarp Digi Smart BPO IPO Face Value | ₹10 per share |
| Kandarp Digi Smart BPO IPO Price | ₹30 per share |
| Kandarp Digi Smart BPO IPO Lot Size | 4000 Shares |
| Issue Size | 2,700,000 shares of ₹10 (aggregating up to ₹8.10 Cr) |
| Fresh Issue | 2,700,000 shares of ₹10 (aggregating up to ₹8.10 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
| Company Promoters | Mr. Sunil Kumar Rai, Mrs. Meenakshi Pathak and M/s Reliable Data Services Limited are the company promoters. |
Kandarp Digi Smart BPO IPO Timeline
Kandarp Digi Smart BPO IPO opens on Sep 16, 2022, and closes on Sep 20, 2022. The Kandarp Digi Smart BPO IPO bid date is from Sep 16, 2022 10.00 A.M. to Sep 20, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| Kandarp Digi Smart BPO IPO Opening Date | Sep 16, 2022 |
| Kandarp Digi Smart BPO IPO Closing Date | Sep 20, 2022 |
| Basis of Allotment | Sep 23, 2022 |
| Initiation of Refunds | Sep 26, 2022 |
| Credit of Shares to Demat | Sep 27, 2022 |
| Kandarp Digi Smart BPO IPO Listing Date | Sep 28, 2022 |
Kandarp Digi Smart BPO IPO Lot Size
The Kandarp Digi Smart BPO IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
Kandarp Digi Smart BPO IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.91% |
Kandarp Digi Smart BPO IPO Review
The financial data of the company is not that impressive and is far away from matching the asking price. Based on FY22 earnings the issue appears aggressively priced. It operates in a highly competitive segment. The parent company which got listed on NSE SME is witnessing thin trades at a discount to its offer price. There is no harm in skipping this pricy bet. Read detail review…
Kandarp Digi Smart BPO IPO Subscription Status (Bidding Detail)
The Kandarp Digi Smart BPO IPO is subscribed 0.09 times on Sep 16, 2022 5:00:00 PM. The public issue subscribed 0.14 times in the retail category, times in the QIB category, and 0.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 0.03 |
| Retail | 0.14 |
| Total | 0.09 |
Kandarp Digi Smart BPO IPO Prospectus
Company Contact Information
Kandarp Digi Smart BPO Ltd
GF-22 Hans Bhawan,
Bahadur Saha Zafar Marg,
New Delhi-110002
Phone: +91-120-2543069
Email: cs@kdsbpo.com
Website: https://www.kdsbpo.com/
Kandarp Digi Smart BPO IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/