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Open
11 Apr 2017
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Close
17 Apr 2017
3
Allotment
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Listing
Tue, Apr 25, 2017
Price Band
₹75 to ₹81
Issue Size
18,00,000 shares (agg. up to ₹15 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Apr 25, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.28x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dev Information Technology Ltd. | SME | ₹6.25 Cr | ₹42 | 10 | ₹50.40 | +20.00% | ₹27.26 (-3.34%) |
| Octaware Technologies Ltd. | SME | ₹8.60 Cr | ₹90 | 14 | ₹90.55 | +0.61% | ₹63.60 (+0.00%) |
| Airan Ltd. | SME | ₹14.85 Cr | ₹45 | null | ₹53.85 | +19.67% | ₹15.36 (-1.41%) |
| L&T Technology Services Ltd. | Mainboard | ₹894.40 Cr | ₹860 | null | ₹869.00 | +1.05% | ₹3,415.30 (-1.81%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 14.58 |
| 2 | General corporate purposes | 0.60 |
About Panache Digilife IPO
Incorporated in 2007, Panache Digilife Ltd formerly known as Vardhaman Technology Ltd engaged in Information and Communication Technology manufacturing, distribution and services in India and internationally.The company offers various IT infrastructure products and embedded solutions. They have a diverse product basket comprising of thin clients, point of sales, digital signage, education solutions, healthcare embedded – PC, ATM Kiosk, etc. Recently they have also added GPS Tracking Solutions and televisions to their product portfolio.They have customers based out of Dubai, Iran, Riyadh, Sri Lanka, etc. To expand their operations, they have recently incorporated a subsidiary in. They are also Local Device Partner (L-OEM or Named Partner) for Microsoft and also have a Microsoft License Agreement. They are authorized to procure Windows, Server & Office Licenses directly from Microsoft. They sell their devices under the brand Name ―Panache‖ with Windows OS, Windows Server & Office Licenses preloaded.+ Read More
Contact Details
Panache Digilife Ltd. AddressUnit No.201/B, Raheja Plaza-1L.B.S.MargGhatkoper (West)Mumbai, Maharashtra, 400086+91 22-25007502compliance@panachedigilife.comVisit Website