{"id":4605,"date":"2018-07-20T10:17:50","date_gmt":"2018-07-20T14:17:50","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4605"},"modified":"2018-07-20T10:17:50","modified_gmt":"2018-07-20T14:17:50","slug":"endava-inc-ipo-preview-dava","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/endava-inc-ipo-preview-dava\/","title":{"rendered":"Endava Inc #IPO Preview $DAVA"},"content":{"rendered":"

\"DAVA\"<\/a><\/p>\n

Company: Endava, Inc.<\/strong>
\nSymbol: DAVA
\nDescription: They are a leading next-generation technology services provider and help accelerate disruption by delivering rapid evolution to enterprises.
\nTrade Date: 7\/27
\nShares: 5.6 million ADS
\nPrice Range: $17.00-$19.00
\nUnderwriter(s): Morgan Stanley, Citigroup, Deutsche Bank Credit Suisse
\nCo-Manager(s): Cowen, William Blair
\nTerms Added: 7-16-18<\/p>\n

Link to Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0They aid their clients in finding new ways to interact with their customers and users, enabling them to become more engaging, responsive and efficient. Using Distributed Enterprise Agile at scale, they collaborate with their clients, seamlessly integrating with their teams, catalyzing ideation and delivering robust solutions. Their approach to ideation comprises an empathy for user needs, curiosity, creativity and a deep understanding of technologies. From proof of concept, to prototype, to production, they use their engineering expertise to deliver enterprise platforms capable of handling millions of transactions per day. Their people, whom they call Endavans, synthesize creativity, technology and delivery at scale in multi-disciplinary teams, enabling them to support their clients from ideation to production.<\/p>\n

Financials:\u00a0<\/strong>For the fiscal years ended June\u00a030, 2015, 2016 and 2017, their revenue was\u00a0\u00a384.1 million,\u00a0\u00a3115.4 million\u00a0and\u00a0\u00a3159.4 million, respectively, representing a compound annual growth rate of\u00a037.7%\u00a0over the three year period, and their net profit was \u00a313.5 million, \u00a316.7 million, and \u00a316.8 million, respectively. For the nine months ended March 31, 2017 and 2018, their revenue was \u00a3116.3 million and \u00a3156.1 million, respectively, and their net profit was 12.6 million and 14.1 million, respectively.<\/p>\n

\"DAVA.Financials\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Endava, Inc. Symbol: DAVA Description: They are a leading next-generation technology services provider and help accelerate disruption by delivering rapid evolution to enterprises. Trade Date: 7\/27 Shares: 5.6 million ADS Price Range: $17.00-$19.00 Underwriter(s): Morgan Stanley, Citigroup, Deutsche Bank Credit Suisse Co-Manager(s): Cowen, William Blair Terms Added: 7-16-18 Link to Prospectus Link to Retail[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1531],"class_list":["post-4605","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-dava"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4605"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4605\/revisions"}],"predecessor-version":[{"id":4609,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4605\/revisions\/4609"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}