IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
ADJIA Technologies IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of ADJIA Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th February 2021.
ADJIA Technologies IPO open date is 2nd March 2021 and close date is 4th March 2021. IPO Allotment Date is 9th March 2021 and Listing date is 15th March 2021.
IPO
Size:
₹ 2.00 Cr.
Avg IPO Size (Sector Based)
: ₹
21.63 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
0.24
cr. 
PE
Ratio:
87.00x
Average Sector PE Ratio: 18.61x
ADJIA Technologies IPO size is ₹ 2.00 Cr. with IPO price of ₹ 74.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the ADJIA Technologies IPO. Kfin Technologies Limited is the Registrar and Market Maker is Shreni Shares Private Limited for ADJIA Technologies IPO.
ADJIA Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ADJIA Technologies IPO, based in Ahmedabad, operates in the Information Technology - Data Solutions sector with a focus on AR and VR and software consultancy. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. ADJIA Technologies IPO size is ₹ 2.00 Cr. with fresh issue size of ₹ 2.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for ADJIA Technologies IPO is expected to be 9th March 2021, after the finalization of basis of allotment. Investors can check ADJIA Technologies IPO allotment status on the registrars website, Kfin Technologies Limited. ADJIA Technologies IPO refund dates are 10th March 2021.
ADJIA Technologies IPO is expected to be listed on 15th March 2021.
The upper price band for the ADJIA Technologies IPO is set at ₹ 74.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ADJIA Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ADJIA Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th March 2021. After submission, funds are blocked until the basis of allotment of ADJIA Technologies IPO is finalised.
The merchant banker for ADJIA Technologies IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ADJIA Technologies IPO RHP for further details.
The registrar for ADJIA Technologies IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to ADJIA Technologies IPO through their official website or helpline.
ADJIA Technologies IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.63 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 0.23 cr.
PE
Ratio:
87.00x
Average Sector PE Ratio: 18.61x
ADJIA Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ADJIA Technologies Financial Review Page
Merchant Banker(s) of ADJIA Technologies IPO: Shreni Shares Limited
ADJIA Technologies IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ADJIA Technologies IPO listed at a listing price of 74.50 against the offer price of 74.00.
The current market price of ADJIA Technologies is 49.00.
Why Us?
