Kandarp Digi Smart BPO Ltd IPO

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i. Kandarp Digi Smart BPO Limited is engaged in BPO services specializing in the area of support services solutions. The Company provides wide ranges of support services such as Call Centre, Contact Point Verifications, Site Visits, Document check/Pickup, E-KYC, Skip Tracing, Employee Back Check, Staffing Solutions, Payroll Management, Payment Collections (soft), AMC Booking Services etc. to its clients and specializes in providing End to End solutions to customers/clients.

ii. Companies’ services are focussed towards delivering outstanding results for its clients. The company adapts its outstanding services to cater to the specific needs of business and assist in achieving your business goals.

iii. The company is in the current line of business for more than 20 years and the client lists includes various banks, insurance companies, financial service companies, etc. Also, they help their clients with the voice support services, field support services and Back Office Processing Services to provide a comprehensive range of services across all industry sectors to clients who are in need of specialist assistance.

iv. The company is a subsidiary of its promoter company Reliable Data Services Limited which is listed on SME Platform of National Stock Exchange of India Limited (NSE EMERGE). Kandarp Digi Smart BPO Limited is a Reliable Group Company driven by highly innovative team of professionals.

v. Competitive Strengths :

  • Distribution Network.
  • Experienced management and a well-trained employee base.
  • Existing client relationship.
  • Diversified customer base and revenue sources.
  • Increasing the efficiency and knowledge of Employees.

Objects of the Kandarp Digi Smart BPO Ltd IPO:

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
DRHP of Kandarp Digi Smart BPO Ltd IPO
RHP of Kandarp Digi Smart BPO Ltd IPO

Kandarp Digi Smart BPO Ltd IPO Details:

Open Date: Sep 16 2022
Close Date: Sep 20 2022
Total Shares: 2,700,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 8.10 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 30 Per Equity Share
Listing At: NSE Emerge
Listing Date: Sep 28 2022

Promoters And Management:

i. Mr. Sunil Kumar Rai, 51 years is Chairman and Managing Director and also the Promoter of the Company. He holds a degree in Bachelor of Commerce from University of Allahabad and Intermediate passed from ICAI. He is designated as the Chairman and Managing Director of the Company on April 11, 2022 for a period of 5 years not liable to retire by rotation. He is having experience of 27 years in field of Business Processing Outsourcing. He has been instrumental in taking major policy decision of the Company. 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. ii. Mrs. Meenakshi Pathak, aged 44 years, is the Whole-Time Director and also the Promoter of the Company. She holds degree in Bachelor of Commerce. She was originally appointed on the Board on February 07, 2001 and further resigned from the Board w.e.f. August 14, 2012. Further she was appointed on Board as Whole-Time Director w.e.f. April 11, 2022 liable to retire by rotation. She has experience of 12 years in field of administration iii. Mr. Pankaj Rai, aged 47 years is the Non-Executive Director of the Company. He holds degree in Bachelor of Commerce. He was appointed on the Board on August 14, 2012 as Non-Executive Director. He is having experience of 18 years in field of Business Processing Outsourcing.

Financials of Kandarp Digi Smart BPO Ltd IPO:

Particulars (in crores) March 22 March 21 Mar 20
Revenue from operations 12 10 9
Employee Benifit Expense 1 1 2
Other Expense 9 8 5
Operating Profit 2 1 2
OPM% 16.67% 10.00% 22.22%
Finance Cost 0.2 0.2 0.2
Depreciation 0.05 0.09 0.2
Other Income 0.07 0.1 0.02
Profit (Loss) before tax 1 0.1 1
Tax expense 0.2 0.05 0.4
Profit (Loss) for the period 0.9 0.1 1
Share After Issue 0.8 0.8 0.8
Earnings per share 0.8 8 0.8

Comparison With Peers:

Name of the Company CMP FV EPS P/E
Kandarp Digi Smart BPO Limited 30 10 .8 37.5
Firstsource Solutions Limited 113 10 7 16.2
Eclerx Services Limited 2,303 10 124.82 18.3

Lead Manager of Kandarp Digi Smart BPO Ltd IPO:

  1. Beeline Broking Limited

Registrar of Kandarp Digi Smart BPO Ltd IPO:

  1. Skyline Financial Services Private Ltd

Company Address:

Kandarp Digi Smart BPO Ltd GF-22 Hans Bhawan, Bahadur Saha Zafar Marg, New Delhi-110002 Phone: +91-120-2543069 Email: cs@kdsbpo.com Website: https://www.kdsbpo.com/

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