Yudiz Solutions Limited brings its IPO on the close on 8th of August ’23, To be listed on NSE Emerge fixes price band at Rs 162/- to Rs. 165/-

Ahmedabad (Gujarat) [India], August 5: Yudiz Solutions Limited, a leading technologies services provider based in Ahmedabad, brings its IPO for 27,17,600 shares of face value of Rs 10/- each. The  price band issue has been fixed at Rs. 162/- to 165/- per equity share, aggregating to Rs 44.84 crores. The lot size will be 800 [...]

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Aug 5, 2023 • 2:38 PM
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Yudiz Solutions Limited brings its IPO on the close on 8th of August ’23, To be listed on NSE Emerge fixes price band at Rs 162/- to Rs. 165/-
“Yudiz Solutions Limited brings its IPO on the close on 8th of August ’23, To be listed on NSE Emerge fixes price band at Rs 162/- to Rs. 165/-”
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5 Aug 2023
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Yudiz Solutions Limited brings its IPO on the close on 8th of August ’23, To be listed on NSE Emerge fixes price band at Rs 162/- to Rs. 165/-

Ahmedabad (Gujarat) [India], August 5: Yudiz Solutions Limited, a leading technologies services provider based in Ahmedabad, brings its IPO for 27,17,600 shares of face value of Rs 10/- each. The  price band issue has been fixed at Rs. 162/- to 165/- per equity share, aggregating to Rs 44.84 crores. The lot size will be 800 shares. Out of 27,17,600 shares, 1,36,800 equity shares will be reserved for subscription by the market maker (Market Maker Reservation portion). The remaining  25,80,800 will be referred to as the “net issue”. The issue and net issue will constitute 26.33% and 25.01% respectively of the post issue paid up equity share capital of the company. The issue opens on the 3rd of August ’23 for the anchor investors and on 4th of August ‘23 for the public. It closes on the 8th of August ’23 and will subsequently be listed on NSE Emerge. The book running lead manager to the issue is Narnolia Financial Services Limited, the advisor to the issue is PLS Capital Consultants Private Limited and Longview Research & Advisory Private Limited and the registrar to the issue is Mas Services Limited. 

The highly anticipated IPO of Yudiz Solutions Limited has garnered significant support from top-level investors with 10 renowned names bidding as anchors and reflecting their unwavering faith in the company’s prospects. Notably, renowned entities like Jagdish Master run Quantum State Investment Fund, previously associated with Erstwhile Enam Holdings, being among the key backers. Other prominent names that have invested include Lalit Dua backed Rajasthan Global, Resonance, Chattigarh Investments, Tano Investment, NAV Capital, Neomile, Craft Emerging Fund, and several others, signifying a strong vote of confidence in Yudiz Solutions Limited’s future growth.

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