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Open
12 Apr 2004
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Close
19 Apr 2004
3
Allotment
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Listing
Fri, May 7, 2004
Price Band
₹101 to ₹110
Issue Size
1,03,00,000 shares (agg. up to ₹113 Cr)
Listing Date
Fri, May 7, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 26.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Assets | 81.49 | 65.09 | 58.36 | 52.55 |
| Total Income | 72.73 | 60.43 | 42.91 | 29.75 |
| Profit After Tax | 21.26 | 15.53 | 12.01 | 8.33 |
| NET Worth | 65.21 | 57.19 | 44.92 | 41.56 |
| Reserves and Surplus | 49.18 | 41.84 | 29.58 | 23.21 |
| Total Borrowing | 14.41 | 6.12 | 13.39 | 10.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| CMC Ltd. | Mainboard | ₹190.44 Cr | ₹485 | 19.83 | ₹536.05 | +10.53% | (+0.00%) |
| Four Soft Ltd. | Mainboard | ₹20.23 Cr | ₹25 | null | ₹26.60 | +6.40% | ₹49.54 (-1.99%) |
| Patni Computer Systems Ltd. | Mainboard | ₹431.00 Cr | ₹230 | null | ₹232.10 | +0.91% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Subsidiaries and Associates-Datamatics Technologies Inc. (USA) | 0.90 |
| 2 | Investment in Subsidiaries and Associates-Datamatics Technologies GmbH (Germany) | 0.90 |
| 3 | Investment in Subsidiaries and Associates-Datamatics Technologies UK Limited (UK) | 0.90 |
| 4 | Investment in Subsidiaries and Associates-Saztec International Inc | 6.80 |
| 5 | Investment in Subsidiaries and Associates-CorPay Solutions Inc. | 4.60 |
| 6 | Investment in Subsidiaries and Associates-Knowledgeworks Global Limited | 0.50 |
| 7 | Repayment of working capital | 6.90 |
| 8 | Repayment of term loan | 3.00 |
| 9 | Capital Expenditure - Hardware, Software & Equipments | 3.80 |
| 10 | Capital Expenditure – Expansion of Chennai Facility | 0.90 |
| 11 | Corporate Purposes including strategic initiatives and Acquisitions | 56.80 |
| 12 | Issue Expenses | 7.50 |
| Total | 93.50 |
About Datamatics Technologies IPO
Incorporated in 1987, the company is part of the Datamatics Group and operates in the ITES and BPO sector. It provides transaction and content processing services, including content management, back-office processing, workflow solutions, finance & accounting, tax processing, claims processing, and HR services. The company uses advanced workflow automation and proprietary technologies like TJAM to improve efficiency and productivity. It serves accounting firms, corporates, financial institutions, and global clients across industries. The company has strengthened its expertise through acquisitions such as Saztec International Inc. and CorPay Solutions Inc. As per the prospectus, it had around 900 employees, including nearly 600 employees in India. Competitive Strengths Strong expertise in ITES & BPO services Advanced workflow & document management solutions Proprietary technology and automation capabilities Strong finance & accounting processing expertise Scalable business model with domain specialization Experienced management and global delivery capability + Read More
Contact Details
Datamatics Technologies Ltd. AddressUnit No.117-120 SDF-IVSantacruz Electronics Export Processing Zone(SEEP)Andheri (East)Mumbai, Maharashtra, 400096+91-22 5697 5300ipo@datamatics.comVisit Website