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Sigma Solve IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Information Technology - Data Solutions sector. Beeline Capital Advisors is the merchant banker of Sigma Solve IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th November 2019.
Sigma Solve IPO open date is 29th September 2020 and close date is 9th October 2020. IPO Allotment Date is 14th October 2020 and Listing date is 19th October 2020.
IPO
Size:
₹ 4.95 Cr.
Avg IPO Size (Sector Based)
: ₹
21.63 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
5.69
cr. 
PE
Ratio:
9.53x
Average Sector PE Ratio: 18.61x
Sigma Solve IPO size is ₹ 4.95 Cr. with IPO price of ₹ 45.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Sigma Solve IPO. Link Intime India Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Sigma Solve IPO.
Sigma Solve IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sigma Solve IPO, based in Ahmedabad, operates in the Information Technology - Data Solutions sector with a focus on IT and IT enabled services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sigma Solve IPO size is ₹ 4.95 Cr. with fresh issue size of ₹ 4.95 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Sigma Solve IPO is expected to be 14th October 2020, after the finalization of basis of allotment. Investors can check Sigma Solve IPO allotment status on the registrars website, Link Intime India Private Limited. Sigma Solve IPO refund dates are 15th October 2020.
Sigma Solve IPO is expected to be listed on 19th October 2020.
The upper price band for the Sigma Solve IPO is set at ₹ 45.00 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 Sigma Solve 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 Sigma Solve 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 9th October 2020. After submission, funds are blocked until the basis of allotment of Sigma Solve IPO is finalised.
The merchant banker for Sigma Solve IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sigma Solve IPO RHP for further details.
The registrar for Sigma Solve IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sigma Solve IPO through their official website or helpline.
Sigma Solve IPO was subscribed 1.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.95 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.63 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 5.54 cr.
PE
Ratio:
9.53x
Average Sector PE Ratio: 18.61x
Sigma Solve IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sigma Solve Financial Review Page
Merchant Banker(s) of Sigma Solve IPO: Beeline Capital Advisors Private Limited
Sigma Solve IPO subscription was 1.59 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.
Sigma Solve IPO listed at a listing price of 45.10 against the offer price of 45.00.
The current market price of Sigma Solve is 285.68.
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