Neilsoft Ltd. IPO Details
Neilsoft was incorporated on June 24, 1991. The company is a technology-driven ER&D services provider with expertise in AEC, Manufacturing, and Industrial Plant segments. India’s growing outsourced ER&D market highlights the country’s strategic role in the global sector
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 8.0 M | - | - | ₹900.0 M | DRHP DOC |
Neilsoft issue details
Neilsoft has 8.0 M shares on offer
Neilsoft IPO issue size is ₹ 900.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
Neilsoft IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Neilsoft NUMBER OF SHARES ON OFFER
Neilsoft FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | 41.2 | 289.1 | 26.5 | -34.3 | 21.1% |
| FY24 | 57.9 | 325.9 | 60.6 | 57.9 | 21.9% |
| FY23 | 46.6 | 291.0 | 58.5 | 54.4 | 19.5% |
| FY22 | 34.8 | 248.3 | 43.4 | 36.3 | 20.2% |
Neilsoft INFORMATION ON IPO ISSUE
About Neilsoft
Neilsoft was incorporated on June 24, 1991. The company is a technology-driven ER&D services provider with expertise in AEC, Manufacturing, and Industrial Plant segments. India’s growing outsourced ER&D market highlights the country’s strategic role in the global sector
Object of the Issue
- Funding capital expenditure requirements for civil construction and interior development
- Funding capital expenditure requirements for construction and interior development along with setting up new workstation
- Funding capital expenditure requirements for purchase of new computer graphics workstation and servers storage, cloud, scanner, network switches and printer
- Funding capital expenditure requirements for purchase of software subscriptions and licenses
- General corporate purposes
Neilsoft - PROMOTERS
| Name |
|---|
| Ketan Champaklal Bakshi |
| Rupa Harish Shah |
| Daksha Bakshi |
Neilsoft Book Running Lead Manager
Equirus Capital Private Limited
neilsoft.ipo@equirus.com
IIFL Capital Services Limited
neilsoft.ipo@iiflcap.com
Neilsoft Registrar to the Offer
Link Intime India Private Limited
neilsoft.ipo@linkintime.co.in
Neilsoft Strengths
Domain expertise & engineering software capabilities
The company has developed expertise in multidisciplinary engineering, software, and digital capabilities, successfully executing projects globally across AEC, BIM, Manufacturing, and Industrial Plant segments. Its proprietary global delivery model has fostered strong customer relationships worldwide
Long standing customer relationships
The company has built long-standing relationships with multinational and Indian companies, providing engineering and software services. Among its top 20 customers in Engineering Services for FY24, seven have been clients for over 10 years, and fourteen for over 5 years
Leveraging proprietary solutions
The outsourcing market has matured, with cost advantages and talent availability no longer being the main growth drivers. To remain competitive, companies now focus on domain expertise, engineering, technology, and higher value-added services
Neilsoft Risks
Depend on customer relationships
The company's success relies on long-term customer relationships. Losing key customers or a reduction in their demand could negatively impact its business, operations, and financial condition
Geographically concentrated
The company's revenue is concentrated in certain geographical locations. Inability to operate and grow in these areas could negatively affect its business, financial condition, operations, cash flow, and future prospects
Risk of Ineffective cost management
If the company's pricing structures and scope of offerings do not accurately account for costs and complexity, and it fails to manage costs effectively, some contracts may become unprofitable
IPO FAQs
The promoters of the company are Ketan Champaklal Bakshi, Rupa Harish Shah and Daksha Bakshi.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.