ITWings Infosystem Ltd.
SMEBSETBA
TBA
1 Shares
TBA
₹10
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
About the Company
ITWings Infosystem Limited (formerly ITWings Infosystem Private Limited) is an IT technology solutions provider engaged in consulting and development of software and IT infrastructure solutions. Our business operations involve technologically advanced solutions for which we collaborate with a wide range of technology partners/Original Equipment Manufacturer. We also offer Managed IT and operation services where we provide Managed and Support Services, Network Operations Centre Services, Security Services, and Renewals. For providing these services we deploy the engineers to the client site for their IT operation
Use of Proceeds
1. Funding for setting up of Cloud Infrastructure; 2. Funding the working capital requirements of our Company; 3. General Corporate Purposes
ITWings Infosystem Ltd. Latest News
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IPO FAQs
The for the ITWings Infosystem Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
ITWings Infosystem Ltd. IPO shares are proposed to be listed on BSE.
Each ITWings Infosystem Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.Funding for setting up of Cloud Infrastructure
- 2.Funding the working capital requirements of our Company
- 3.General Corporate Purposes
Pre-apply means placing your ITWings Infosystem Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the ITWings Infosystem Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the ITWings Infosystem Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.