IPO Details-NIKS TECHNOLOGY LIMITED

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IPO [INITIAL PUBLIC OFFERING] Details- NIKS TECHNOLOGY LIMITED


About the NIKS TECHNOLOGY LIMITED

The Company was originally incorporated as Niks Technology Private Limited on June 19, 2014 at Patna, Bihar as a private limited company under the Companies Act, 2013 with the Registrar of Companies, Patna, Bihar. Subsequently, The Company was converted into Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on March 05, 2021 and the name of the Company was changed to “Niks Technology Limited” and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated March 05, 2021 was issued by Registrar of Companies, Patna, Bihar, being Corporate Identification Number U80904BR2014PLC022439. For further details of incorporation, change of name and Registered Office of our Company, please refer to section titled ‘Our History and Certain Other Corporate Matters’ beginning on page 109 of this Prospectus.

IPO [INITIAL PUBLIC OFFERING] Details- NIKS TECHNOLOGY LIMITED, IPO
Source: Prospectus

Registered Office:

Flat No. 501, Shiv Laxmi Plaza, Opp Rajendra Nagar Terminal, Old Bypass Main Road, Kankarbagh Patna – 800020, Bihar, India

Contact Person: Mr. Pushpendra Patel, Company Secretary and Compliance Officer

Tel: +91 – 0612 7966249; E-mail: info@nikstech.com; Website: www.nikstech.com


Promoters of NIKS TECHNOLOGY LIMITED IPO

MR. MANISH DIXIT


NIKS TECHNOLOGY LIMITED IPO Details

IPO Details

Issue Open Date19 Mar 2021
Issue Close Date23 Mar 2021
Issue TypeFixed Price Issue
Face Value₹10.00 per equity share
IPO/Issue Price ₹ 201.00 per equity share
Market Lot600 Shares
Min Order Quantity600 Shares
Listing AtBSE Start-up segment under SME
Issue Size1,00,200 Equity Shares ₹10.00
[totaling up to ₹2.01 Cr Crore]
Fresh Issue33,200 Equity Shares ₹10.00
[totaling up to ₹ 0.67 Crore]
Offer for Sale67,000 Equity Shares ₹10.00
[totaling up to ₹ 1.35 Crore]
SymbolNTL

IPO/ Issue Time Line [Tentative]

19 Mar 2021

Issue Open Date

Issue Close Date

23 Mar 2021

Basis of Allotment Date

Initiation of Refunds

Credit of Shares to Demat Account

IPO Listing Date


Objects of the Issue/Offer

NIKS TECHNOLOGY LIMITED proposes to utilize the net proceeds from the fresh issue for:

  1. Working capital requirements.
  2. General corporate purposes.
  3. Issue related expenditures

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