IPO

Dhruv Consultancy Services Limited IPO

BSE SME

Offer Date: Apr 27, 2018 - May 2, 2018

₹ 216000 /4000 Shares
*Min Investment

27 Apr, 2018

Open Date

02 May, 2018

Close Date

08 May, 2018

Allotment Date

10 May, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 54 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 42,96,000 Equity Shares of Rs 10/- each at a price of 54/- per share aggregating to 23.20 Cr
  • Listing at BSE SME
  • Lead Manager Hem Securities Limited
  • Registrar LINK INTIME INDIA PRIVATE LIMITED
IPO Details
  • Retail Portion N/A
IPO Details


Dhruv Consultancy Services Limited IPO is an SME IPO, priced at Rs 54 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Apr 27, 2018 to May 2, 2018. The allotment is expected to be finalized on May 8, 2018, and the tentative listing date is May 10, 2018.


The registrar of the IPO is LINK INTIME INDIA PRIVATE LIMITED, and

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IPO Subscription Analysis And Details
Retail
53.00x
Total
1.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved20,36,00020,36,00040,72,000
Day 1 27-04-18
5,36,000 0.26 x2,02,000 0.10 x7,38,000 0.18 x
Day 2 30-04-18
8,34,000 0.41 x4,44,000 0.22 x12,78,000 0.31 x
Day 3 02-05-18
55,32,000 2.72 x53,88,000 2.65 x1,09,20,000 2.68 x
Valuations
Earnings Per Share (EPS) Rs 2.16
P/E Ratio 25
RoNW 35.48%
Net Asset Value (NAV) ( Post Issue ) Rs 26.08
IPO - Issue Objectives
1

Repayment/ prepayment of certain indebtedness

2

To Meet Working Capital requirements

3

General Corporate Expenses

4

Issue Expenses