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NIKS Technology IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Patna and caters to Information Technology - Data Solutions sector. Gretex Corporate Services is the merchant banker of NIKS Technology IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th March 2021.
NIKS Technology IPO open date is 19th March 2021 and close date is 23rd March 2021. IPO Allotment Date is 30th November -0001 and Listing date is 31st March 2021.
IPO
Size:
₹ 2.01 Cr.
Avg IPO Size (Sector Based)
: ₹
21.63 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Patna
SME
IPO so far:
4
Revenue (annualised):
₹
0.32
cr. 
PE
Ratio:
119.64x
Average Sector PE Ratio: 18.61x
NIKS Technology IPO size is ₹ 2.01 Cr. with IPO price of ₹ 201.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the NIKS Technology IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for NIKS Technology IPO.
NIKS Technology IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
NIKS Technology IPO, based in Patna, operates in the Information Technology - Data Solutions sector with a focus on digital markteing software solutions web dev. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. NIKS Technology IPO size is ₹ 2.01 Cr. with fresh issue size of ₹ 0.67 Cr. and Offer for sale being ₹ 1.34Cr.
The IPO allotment date for NIKS Technology IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check NIKS Technology IPO allotment status on the registrars website, Bigshare Services Private Limited. NIKS Technology IPO refund dates are 30th November -0001.
NIKS Technology IPO is expected to be listed on 31st March 2021.
The upper price band for the NIKS Technology IPO is set at ₹ 201.00 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 NIKS Technology 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 NIKS Technology 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 23rd March 2021. After submission, funds are blocked until the basis of allotment of NIKS Technology IPO is finalised.
The merchant banker for NIKS Technology IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the NIKS Technology IPO RHP for further details.
The registrar for NIKS Technology IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to NIKS Technology IPO through their official website or helpline.
NIKS Technology IPO was subscribed 4.10 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.01 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.63 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Patna
SME
IPO so far:
4
Revenue (annualised):
₹ 0.32 cr.
PE
Ratio:
119.64x
Average Sector PE Ratio: 18.61x
NIKS Technology IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on NIKS Technology Financial Review Page
Merchant Banker(s) of NIKS Technology IPO: Gretex Corporate Services Limited
NIKS Technology IPO subscription was 4.10 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.
NIKS Technology IPO listed at a listing price of 202.10 against the offer price of 201.00.
The current market price of NIKS Technology is 545.10.
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