Lex Nimble Solutions Ltd.
 
Q3, Module A1, 10th Floor, Cyber Towers, Hitec City, Madhapur, Hyderabad, Telangana - 500081
Phone: 23122330

Public Issue of 1112000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 47.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
12/03/201816/03/201857.00 -
Lead Managers Registrar Listed at
QUINTESSENCE ENTERPRISES PVT LTD.
Bigshare Services Pvt Ltd.
Bharat Tin Works Building,
1st Floor, Opp.Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The Company plans to raise Rs.633.84 lakhs through this IPO for the purpose of expansion of business.

1. Foraying into CMMI consulting,
2. Establishment as an ISO certifying body,
3. Customisation of the product SimpleLaw for the Indian market,
4. General Corporate purposes,
5. Issue Expenses.

Project Cost
(Rs. in Crs.)
Foraying into CMMI consulting1.59
Establishment as an ISO certifying body1.59
OTHERS1.91
ISSUE EXPENSES0.44
GENERAL CORPORATE EXPS.0.81
TOTAL COST6.34
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES6.34
TOTAL COST6.34
Promoted by

The promoter of the company is Mr. Praveen Chakravarthy Medikundam

1. Mr. Praveen Chakravarthy Medikundam: his aged, 41 years has earned his Law Degree from Temple Law School in Philadelphia. He is admitted into the Bar of New York State, US District Cthet – Northern Illinois, US Cthet of International Trade and the US Tax Cthet. He is also a member of the American Bar Association and New York Bar Association. He is also a member of the Institute of Company Secretaries of India and the Institute of Chartered Secretaries and Administrators of UK. He advises clients on Federal and New York Corporate Law focusing on complex corporate strategy. He has extensive experience in representing clients in international transactions in complex corporate restructuring, acquisitions.

Mr. Praveen’s entrepreneurship is focused on quality and technology solutions to everyday problems. He is also the go to expert in improvising and handling documentation through practice management tools and channelized his energy in developing an intuitive and free case management, tracking, billing, and client communication platform, with cloud-based engineering. He has achieved this through his unparalleled ability to explain complex domain related concepts.

Praveen has also streamlined Lex Nimble’s quality process. He has dedicated himself in creating quality culture within Lex Nimble. He believes the long-term strategy for Lex Nimble’s business performance comes from quality culture. He has carefully and continuously groomed the staff at all levels to be alert to the quality standards. To that effect, he has spearheaded the efforts to achieve the quality-based initiatives.

He has been responsible in streamlining the quality process and culture in the Company.

He is one of the two promoters of Lex Nimble Solutions Inc., which holds 97.81 % in the Company. He is also a Non – Executive Director and Chairman on the Board.

Permanent Account Number : ANFPM6958H

Passport No. : 530798484

Driving License : M325-6637-6182 (Illinois, USA)

Bank Account Details : Capital One Bank Account 161593029, Chicago, IL USA 60173