Skip to main content
JDA Capital Services Limited
Notices
IPO of Maxwell Engineering Solutions Limited (NSE Emerge) opens on 30 October 2026 and closes on 3 November 2026. Price band ₹150–₹158 per share. JDA Capital Services Limited is the Book Running Lead Manager.Dear Investor, please note that the account closing facility is now available online and can be accessed with your login credentials on https://rekyc.beelinebroking.com/. For the detailed procedure, see the Online Account Closure Procedure Manual (PDF).Stock brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.Update your mobile number & email ID with your stock broker / depository participant and receive OTP directly from the depository on your email ID and/or mobile number to create a pledge.Pay 20% upfront margin of the transaction value to trade in the cash market segment.Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.Check your Securities / MF / Bonds in the consolidated account statement issued by NSDL/CDSL every month.Investors may please refer to the Investor Charter as per SEBI circular Ref No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2 dated December 13, 2021.View all Notices

Home/Recent Deals/Sigma Solve Limited

Deal details

Sigma Solve Limited

Lead Manager to the Public Issue (SME IPO) of ₹4.95 Cr, listed on NSE Emerge (SME) in 2020.

Completed

Deal at a Glance

Key terms of JDA Capital's mandate for the SME IPO of Sigma Solve Limited on NSE Emerge (SME).

RoleLead Manager
TypePublic Issue (SME IPO)
SectorIT Services
Issue size₹4.95 Cr
ExchangeNSE Emerge (SME)
Year2020

IPO Timetable (Tentative)

Key dates of the Sigma Solve Limited SME IPO (29 Sep 2020 to 19 Oct 2020).

  1. 1IPO Open29 Sep 2020
  2. 2IPO Close09 Oct 2020
  3. 3Allotment14 Oct 2020
  4. 4Refund15 Oct 2020
  5. 5Credit of Shares15 Oct 2020
  6. 6Listing19 Oct 2020
IPOs Timetable

About Sigma Solve Limited

Updated on 24 Oct 2026

Enterprise software development and IT consulting: web and e-commerce development, CRM, BI, mobile apps, digital marketing, QA (incorporated 2010).

29 Sep 2020 to 09 Oct 2020: the company raised ₹4.95 Cr through a Public Issue (SME IPO) at ₹45 per share (face value ₹10, lot size 3,000 shares). Shares listed on NSE Emerge (SME) on 19 Oct 2020 (opening price ₹46.00).

JDA Capital Services Limited acted as Lead Manager to the issue. Registrar: MUFG Intime India Private Limited (formerly Link Intime). Market maker: Nikunj Stock Brokers Limited.

Currently listed on NSE Mainboard & BSE Mainboard. The company has migrated from the SME platform to the Main Board.

Transaction Overview

Issue terms of the Sigma Solve Limited SME IPO, with JDA Capital as Lead Manager.

InstrumentEquity Shares (Public Issue, SME IPO)
Issue size₹4.95 Cr
ExchangeNSE Emerge (SME)
Role of JDA CapitalLead Manager
Face value₹10 per share
Issue price₹45 per share
Lot size3,000 shares
Shares offered11,01,000
Issue typeFixed Price Public Issue
Listing price₹46.00
Subscription1.16x

Registrar, Lead Manager & Contact Details

Registrar, lead manager, market maker and company contact details for the Sigma Solve Limited SME IPO.

IPO Registrar

MUFG Intime India Private Limited (formerly Link Intime)

IPO Lead Manager(s)

  1. JDA Capital Services Limited

Market Maker

  • Nikunj Stock Brokers Limited

Lead Manager Reports

Contact Details

Sigma Solve Limited. Address

305-308, 3rd Floor, Alpha Megacone House, Opp. Armieda, Nr. GTPL Building, Sindhu Bhavan Road, S.G. Highway, Ahmedabad 380054, Gujarat

How JDA Capital Supported the Transaction

JDA Capital's role as Lead Manager to the Sigma Solve Limited SME IPO, from first review to listing.

  1. Understand

    Reviewed Sigma Solve's business, track record and funding needs to assess readiness for an SME listing.

  2. Evaluate

    Assessed financials, governance and eligibility against NSE Emerge platform requirements and SEBI ICDR norms.

  3. Structure

    Structured a fixed price public issue of 11,01,000 equity shares at ₹45 per share (face value ₹10).

  4. Execute

    Managed due diligence, offer document, regulatory filings and the issue process: open 29 Sep 2020, close 09 Oct 2020, allotment 14 Oct 2020.

  5. Create Value

    Listed on NSE Emerge (SME) on 19 Oct 2020. The company is currently listed on NSE Mainboard & BSE Mainboard. The company has migrated from the SME platform to the Main Board.

Offer Documents

Offer documents and public notices for the Sigma Solve Limited SME IPO.

Draft ProspectusSigma Solve Limited · SME IPO · 2020ViewProspectus / Offer DocumentSigma Solve Limited · SME IPO · 2020ViewGeneral Information Document (GID)Sigma Solve Limited · SME IPO · 2020View

Other Transactions

Other SME IPO mandates led by JDA Capital Services Limited.

MRP Agro LimitedSME IPO · Agri Commodities Trading₹3.24 Cr · 2021View detailsAbhishek Integrations LimitedSME IPO · Infrastructure (Airport Services)₹4.95 Cr · 2021View detailsWalpar Nutritions LimitedSME IPO · Pharmaceuticals & Nutraceuticals₹6.60 Cr · 2021View details
View All Recent Deals

Have a deal like this in mind?

Speak to a senior member of our team about your own plans.

Let’s ConnectRecent Deals
Similar mandate?

Planning a Similar Transaction?

Tell us about your requirement and we will discuss how a transaction like this could work for you.

What happens next
  1. 01

    Share your requirement

    Tell us about the business and what you want to achieve.

  2. 02

    We review and respond

    A senior member of the team reviews your enquiry and gets back to you.

  3. 03

    Plan the way forward

    We outline the options and the right path for the transaction.

Advisory engagements are subject to mandate, eligibility and applicable regulatory requirements.

Tell us about your requirement

Fields marked with * are required.