IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

27,29,859 Shares

Investor category and sub category

Retail Individual Investors  |   Qualified Institutional Bidders   |   Non-Institutional Bidders  |  

About JKV Solutions Limited

Incorporated in 2002, JKV Solutions Limited is a next-generation digital transformation company which is focused on delivering a seamless digital experience to its customers. The company’s offerings revolve around digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers.

The company also provides a hyper-personalised Learning and Management System (LMS) via its subsidiary, Brainflex Private Limited. This subsidiary focuses on preparing students for Engineering, Medical, and Management entrance examinations under its brand “Brainflex360”.

Over the past years, the IT & BPM sector has become one of the most significant growth catalysts for the Indian economy. The IT industry accounted for 7.4% of India’s GDP in FY22, and it is likely to contribute 10% to India’s GDP in 2025. In addition, the IT and business services market of India is expected to reach US$ 19.93 billion by 2025. As a result, the business seems to have decent growth opportunities.

JKV Solutions Limited IPO Details

JKV Solutions Limited IPO Date

JKV Solutions Limited IPO is a 100% fresh issue of 27,29,859 new equity shares. JKV Solutions Limited’s IPO will be listed on the BSE SME. It is a fixed-price issue IPO.

JKV Solutions Limited IPO Price Band

The price of the IPO has not been fixed yet.

JKV Solutions Limited IPO Lot Size

The lot size of the IPO has not been fixed yet.

JKV Solutions Limited IPO Objectives

The objectives of JKV Solutions Limited IPO are listed below

  • Working capital requirements.
  • General corporate purposes.

Peer Details

As per DRHP, the company has 3 listed peers mentioned below:

  1. Cambridge Technology Enterprises Limited
  2. GlobalSpace Technology Limited
  3. Dev Information Technology Limited

How To Check the Allotment Status of the JKV Solutions Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the IPO Section and then to IPO Orders
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of JKV Solutions Limited

Registered office: 9th Floor - 903, B - Square, Near Neptune House, Iscon Ambli Brts Road, Ahmedabad - 380058, Gujarat, India.

Phone: +91 9898910339

E-mail: www.jkvsolutions.com

IPO Financials

Particulars Year Ending on March 31, 2023 Year ending on March 31, 2022 Year ending on March 31, 2021
Total Income 328.20 318.57 412.89
Profit After Tax (PAT) 35.25 21.06 22.73
Net Worth 1096.04 449.25 428.19
Total Borrowings 0.00 0.00 0.00

Know before investing

Strengths

2
  1. The company has maintained a long-standing relationship with its major customers. In addition, it is successful in building a strong client base for its business.

  2. Looking forward, the company is focused on expanding its operations in newer geographies. It is planning to leverage its existing business model and reach new customers and also reach new geographies, such as the USA and Europe.

Risks

2
  1. The higher competition in the market for technology services may impact its pricing. This could affect its market share and decrease its revenues and profitability.

  2. The company’s promoters and directors are facing outstanding litigation. Any unfavourable decision could affect operational and financial growth.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

JKV Solutions Limited IPO FAQs

What is JKV Solutions Limited’s IPO?

JKV Solutions Limited  IPO is a 100% fresh issue of 27,29,859 new shares.

When will JKV Solutions Limited’s IPO be allotted?

The Basis of Allotment has not been decided yet.

When will JKV Solutions Limited’s IPO open for subscription?

The IPO subscription window has not been decided yet.

What minimum lot size can retail investors subscribe to?

The lot size of the IPO has not been fixed yet.

When will JKV Solutions Limited list on exchanges?

JKV Solutions Limited IPO will be listed on BSE SME.

How do I check the allotment status of the JKV Solutions Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the IPO Section and then to IPO Orders
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

What would be the listing gains on the JKV Solutions Limited IPO?

Listing gains cannot be ascertained before listing the IPO on the stock exchange.

I have finished the application process for the JKV Solutions Limited IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for JKV Solutions Limited’s IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of JKV Solutions Limited using one PAN?

You can submit only one application using your PAN card.