| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 1,600 | ₹1,29,600 |
| HNI / NII | 2 | 3,200 | ₹2,59,200 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 8,52,800 (47.38%) | — | ₹690.77 Cr |
| Retail Investors | — | 8,54,400 (47.47%) | — | ₹692.06 Cr |
| Total ** | — | 118,00,000 (100.00%) | — | ₹95,580.00 Cr |
| Market Maker * | — | 92,800 (5.16%) | — | ₹7.52 Cr |
Incorporated in 2007, Panache Digilife Ltd formerly known as Vardhaman Technology Ltd engaged in Information and Communication Technology manufacturing, distribution and services in India and internationally.
The company offers various IT infrastructure products and embedded solutions. They have a diverse product basket comprising of thin clients, point of sales, digital signage, education solutions, healthcare embedded – PC, ATM Kiosk, etc. Recently they have also added GPS Tracking Solutions and televisions to their product portfolio.
They have customers based out of Dubai, Iran, Riyadh, Sri Lanka, etc. To expand their operations, they have recently incorporated a subsidiary in. They are also Local Device Partner (L-OEM or Named Partner) for Microsoft and also have a Microsoft License Agreement. They are authorized to procure Windows, Server & Office Licenses directly from Microsoft. They sell their devices under the brand Name ―Panache‖ with Windows OS, Windows Server & Office Licenses preloaded.