✓
Open
12 Jan 2004
✓
Close
23 Jan 2004
3
Allotment
—
4
Listing
[.]
Price Band
₹10 per share
Issue Size
23,30,000 shares (agg. up to ₹2 Cr)
Listing Date
[.]
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.18x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Total Income | 2.39 | 3.25 | 3.12 |
| Profit After Tax | 0.55 | 0.71 | 0.50 |
| NET Worth | 8.72 | 8.18 | 6.55 |
| Reserves and Surplus | 1.79 | 1.22 | 0.79 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| I-Power Solutions India Ltd. | Mainboard | ₹1.11 Cr | ₹10 | null | ₹24.85 | +148.50% | ₹17.17 (+4.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To update existing machinery consisting of hardware and software | 0.92 |
| 2 | To meet overseas marketing expenses of the company’s products | 0.93 |
| 3 | To meet working capital requirements | 0.25 |
| 4 | To meet the expenses of the Initial Public Issue | 0.23 |
| Total | 2.33 |
About Chakkilam Infotech IPO
Incorporated in September 1998,Chakkilam Infotech Ltd. focused on general IT services and medical transcription, providing software solutions and IT outsourcing. Renamed asCigniti Technologies Limited having undergone a strategic name change to reflect its focus on independent software testing and digital engineering services. The company shifted its core strategic focus to software testing and quality assurance. It officially changed its name from Chakkilam Infotech Ltd. to Cigniti Technologies Limited. Operating as a global engineering and digital assurance services company, it has expanded its footprint to 13 countries. Services Offered: AI validation and testing, test automation, security assurance, and cloud migration assurance. Digital engineering, legacy modernisation, and artificial intelligence platforms. Serving industries like banking, insurance, retail, life sciences, and travel. + Read More
Contact Details
Chakkilam Infotech Ltd. AddressSuit No(s) 106 & 1076-3-456/C, MGR EstatesDwarakapuri Colony, PanjaguttaHyderabad, Telangana, 500082+91-40-23357904ipo@chakkilaminc.comVisit Website