FY20
Assets4.98
Net Worth3.33
Total Debt0.34
RevenueAnnualised basis5.54
EBITDAAnnualised basis0.94
PATAnnualised basis0.65
EBITDA Margin (%)16.97
At a glance
Updated 2026-09-19The shares listed at ₹46.00, a 2.22% move from the issue price. Sigma Solve is a SME IPO with an issue size of ₹4.95 crore, proposed for listing on NSE SME. The offer opens on 29th Sep 2020 and closes on 9th Oct 2020. The issue structure includes a fresh issue of ₹4.70 crore. The current listing schedule points to 19th Oct 2020.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹4.95 Cr
Fresh issue₹4.70 Cr
Face value₹10
Price band—–—
Allotment14th Oct 2020
Listing19th Oct 2020
Listing performance
Full performance ↗Issue price₹45.00
Listing price₹46.00
Current price—
Listing gain2.22%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Sep 2020
Closes9th Oct 2020
Allotment14th Oct 2020
Refund15th Oct 2020
Demat15th Oct 2020
Listing19th Oct 2020
Subscription demand
Full bidding ↗Total1.59×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Acquisitions And Other Strategic Initiatives | ₹2.30 Cr |
| Investment in Subsidiary | ₹0.70 Cr |
| General Corporate Purpose | ₹1.20 Cr |
| Public Issue Expenses | ₹0.75 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets1.12₹ Cr · -50.4% vs prior year
Net Worth0.55₹ Cr · -38.2% vs prior year
FY19
Assets2.26
Net Worth0.89
Total Debt0.78
RevenueAnnualised basis3.37
EBITDAAnnualised basis0.54
PATAnnualised basis0.35
EBITDA Margin (%)16.02
FY18
Assets1.12
Net Worth0.55
Total Debt0.22
RevenueAnnualised basis2.49
EBITDAAnnualised basis0.34
PATAnnualised basis0.23
EBITDA Margin (%)13.65
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.3 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Marketing and Advertisement Expenses | 0.26 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.03 |
| 5 | Payment for Printing and Distribution of Issue Stationaries | 0.01 |
| 6 | Others (Fees Payable to Peer Review Auditor, Fees to Legal Advisors, Marketing Expenses, Custodians Fees, Market Making, Brokerage, Processing Fees for Application and Miscellaneous Expenses) | 0.14 |
| 7 | Processing Fees to SCSBs for ASBA Application Procured by the Members of the Syndicate or Registered Brokers and Submitted with SCSB’s | 0 |
| 8 | Processing Fees Issued to Issuer Bank for UPI Mechanism w.r.t. Application forms procured by the members of the Syndicate, Registered Brokers, RTAs or the CDP’s and submitted to them | 0 |
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sigma Solve IPO | — | 9.53 x | — | — |
| Emiac Technologies IPO | — | 13.19 x | — | — |
| Novus Loyalty IPO | — | 19.56 x | — | — |
| Prodocs Solutions IPO | — | 20.65 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Acquisitions And Other Strategic Initiatives | ₹2.30 Cr |
| Investment in Subsidiary | ₹0.70 Cr |
| General Corporate Purpose | ₹1.20 Cr |
| Public Issue Expenses | ₹0.75 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- JDA Capital Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
IPO UPDATE ALERTS
Register for IPO Updates →Track Sigma Solve without missing an update
Register for subscription, GMP, allotment and listing notifications.