IPO DETAILS : Ksolves India Ltd.


B-4 Third Floor, Sector 63, Noida, Uttar Pradesh - 201301
Phone: 4163248

Public Issue of 402000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
23/06/202026/06/2020100.00 -
Lead Managers Registrar Listed at
SHRENI SHARES PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 26238299
NSE
Object of the issue

The Issue includes a public Issue of 4,02,000 Equity Shares of the Company at an Issue Price of Rs. 100/- per Equity Share

The Fresh Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.40
WORKING CAPITAL REQUIREMENTS2.80
GENERAL CORPORATE EXPS.0.82
TOTAL COST4.02
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES4.02
TOTAL COST4.02
Promoted by

The Promoters of the Company are :

1 . Mr. Ratan Kumar Srivastava
2. Mrs. Deepali Verma

1 . Mr. Ratan Kumar Srivastava : Mr. Ratan Kumar Srivastava, 41 years is Chairman and Managing Director and also the Promoter of the Company. He holds degree if Bachelor of Technologies – Computer Science & Engineering. He was appointed on the Board on July 17, 2014 and further designated as the Chairman and Managing Director of the Company on April 29, 2020 for a period of 5 years not liable to retire by rotation. He looking after core management of the company and entrepreneur, active and enthusiastic in business activities. He has been instrumental in taking major policy decision of the Company. He has experience of 15 years in the industry and he has worked with Tech Mahindra, Birlasoft (India) Limited, HSBC and Persistent Systems. He is playing vital role in formulating business strategies and effective implementation of the same. He is responsible for the expansion and overall management of the business of the Company. His leadership abilities have been instrumental in leading the core team of the Company.

Permanent Account Number : BFRPS3193F
Passport Number : Z3153585
Driving License Number : UP70-20100005660
Aadhar Card Number : 6363 1284 6457

2. Mrs. Deepali Verma : Mrs. Deepali Verma, aged 41 years, is the Whole Time Director of the Company and also the Promoter of the Company. She holds degree in Master of Commerce. She was originally appointed on the Board on July 17, 2014 and further designated as the Whole Time Director of the Company on April 29, 2020 for a period of 5 years liable to retire by rotation. She is also Chief Financial Officer of the Company. She is having experience of 7 years in the industry. She is involved in the business right from
conceptualization stage to execution stage like planning, monitoring the all activities. She looks after Finance & Accounts division.

Permanent Account Number : AEHPV4088C
Passport Number : K9421789
Aadhar Card Number 4809 9299 3034