Futurex Management Solutions IPO Details

SME BSE

Futurex Management Solutions IPO Summary

Futurex Management Solutions Logo | Futurex Management Solutions IPO Details, Date, Price, GMP, Live Subscription

Futurex Management Solutions IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Futurex Management Solutions IPO total issue size comprises 20,00,000 shares . This includes a fresh issue of 16,00,000 shares . Offer for Sale consists of 4,00,000 shares . Pre-issue shareholding stands at 54,12,000, which will increase to 70,12,000 post-issue.

Futurex Management Solutions IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Futurex Management Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Arihant Capital Markets Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Futurex Management Solutions Limited DRHP.

Futurex Management Solutions IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
54,12,000 shares
Post-issue Shareholding
70,12,000 shares
Total Issue Size
20,00,000 shares
Fresh Issue
16,00,000 shares
Offer for Sale
4,00,000 shares
DRHP Status
Filed with Exchange

Futurex Management Solutions IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Futurex Management Solutions IPO Reservation

Promoter Holding

Pre Issue:
98.98%
Post Issue:
-
Promoter Names:
Ravi Gahlot, Sulekha Gahlot

Futurex Management Solutions IPO Valuations

ROE65.25%
ROCE56.57%
Debt/Equity0.03
RoNW44.61%
PAT Margin12.35%
EBITDA Margin17.17%

Futurex Management Solutions Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets7.433.341.17
Total Income19.728.854.98
Profit After Tax2.670.950.24
EBITDA4.582.000.53
NET Worth4.571.380.43
Reserves and Surplus4.561.370.42
Total Borrowing0.410.520.19
Amount in ₹ Crore

About Futurex Management Solutions IPO

Futurex Management Solutions Limited is engaged in providing a comprehensive range of outsourcing and technology-driven services, focusing on critical business functions such as IT design, development, consulting, and support, along with management consultancy services. The company also offers specialized services in payroll administration, HR outsourcing, statutory compliance, and accounting, catering to clients across both domestic and international markets.

The company's IT services include IT staffing solutions, technology consulting, and project-based IT support services, enabling organizations to strengthen their technology capabilities and operational efficiency.

In addition, Futurex Management Solutions provides management consultancy services that include end-to-end payroll administration, HR outsourcing services such as payroll processing, HR documentation, recruitment support, and employee lifecycle management.

The company also offers statutory compliance and labour law management services, including establishment registrations, vendor and CLRA audits, labour law advisory, statutory filings, and maintenance of statutory records. Its accounting and taxation services include bookkeeping, accounts payable and receivable management, account reconciliations, financial reporting, and tax compliance support.

Futurex Management Solutions Limited serves a diverse range of industries including education, engineering, facility management, industrial services, information technology, telecommunications, travel and hospitality, and logistics.

Strength Of Futurex Management Solutions IPO

To be announced

Risk Of Futurex Management Solutions IPO

To be announced

Objectives Futurex Management Solutions IPO

1. Funding for acquisition of Property on long term sub-lease basis

2. Funding capital expenditure towards furniture, fixtures and office interiors / civil works

3. Funding capital expenditure towards upgrading the existing IT infrastructure for Company

4. Funding upgradation and development of the Company’s proprietary HR and compliance platform

5. General Corporate Purposes

6. Total

Company Contact Details

198 & 199, First Floor, Pocket-3, Sector - 24, Rohini, Northwest, Delhi,
New Delhi, New Delhi , 110085
Phone: 011-41687775
Email: cs@futurexsolutions.com
Website: https://futurexsolutions.com/

Registrar Contact Details

Name:
Maashitla Securities Pvt Ltd
Phone:
+91-11-45121795, +91-11-45121796

Futurex Management Solutions FAQs

The Futurex Management Solutions IPO is a SME public issue comprising 2000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Futurex Management Solutions IPO opens on TBA.

Futurex Management Solutions IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Futurex Management Solutions IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Futurex Management Solutions IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Futurex Management Solutions IPO allotment status for updates.

The listing date for the Futurex Management Solutions IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Futurex Management Solutions IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

Comments

Download A2ZIPO App for Live IPO Subscription and GMPA2ZIPO - Get Latest Mainboard and SME IPO Details