Dinesh Engineers Limited (Withdrawn) IPO
Mainboard
₹ 14800 /80 Shares
28 Sep, 2018
Open Date03 Oct, 2018
Close Date09 Oct, 2018
Allotment Date11 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 183/- to Rs 185/- Rs per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Fresh Issue of 1,00,00,000 Equity Shares of Rs 10/- at price of Rs 183/- to Rs 185/- with aggregating up to Rs 185.0 Cr
- Listing at BSE, NSE ( T - Group )
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹183 - 185 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Sep 28, 2018 and ends on Oct 3, 2018. The allotment for IPO will be finalized on Oct 9, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 11, 2018. The company shall list its equity shares on the BSE, NSE ( T - Group ). Link Intime India Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Hem Securities Limited.
The IPO sets its price band at 183 - 185 for each share. A single application for Dinesh Engineers Limited (Withdrawn) IPO must contain at least 80 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 50,00,000 | 15,00,000 | 35,00,000 | 1,00,00,000 |
|
Day 1
28-09-18
|
0.0 x | 3,18,400 0.22 | 2,25,200 0.07 x | 5,43,600 0.06 x |
|
Day 2
01-10-18
|
0.0 x | 4,54,640 0.30 | 3,51,680 0.10 x | 8,06,320 0.08 x |
|
Day 3
03-10-18
|
0.0 x | 6,42,800 0.43 | 10,08,800 0.29 x | 16,51,600 0.16 x |
|
Day 4
21-03-18
|
N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
Expansion of business by setting up of further OFC Network under IP-1 License. ( Rs 156.45 Cr )
To fund expenditures towards general corporate purposes.
To meet public issue expenses.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Dinesh Engineers Limited | 2.17 | 24.73 | 11.08% | 719.92 |
| L&T Finance Holdings Ltd | 3.34 | 33.20 | 11.44% | 314.89 |
| Piramal Enterprises Ltd | 3.01 | 35.90 | 8.41% | 8737.40 |
| Aditya Birla Capital Ltd | 2.98 | 25.15 | 8.04% | 5885.87 |
| Capital First Ltd | 2.72 | 25.12 | 10.37% | 2800.86 |
| Shriram Trasport Finance Co. Ltd | 3.23 | 28.90 | 11.17% | 10,904.47 |
| Sundaram Finance Ltd | 4.09 | 28.79 | 14.19% | 5633.21 |
| Cholamandalam Investment and Finance Company Ltd | 6.28 | 37.77 | 16.63% | 4696.85 |
| Repco Home Finance Ltd | 3.51 | 21.50 | 16.32% | 1045.89 |
IPO - FAQs
Ans. Dinesh Engineers Limited (Withdrawn) IPO is a Mainboard IPO. The issue is priced at Rs 183/- to Rs 185/- Rs per Equity Share. The minimum order quantity is 80 Shares. The IPO opens on Sep 28, 2018, and closes on Oct 3, 2018. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE ( T - Group ).
Ans. The Dinesh Engineers Limited (Withdrawn) IPO opens on Sep 28, 2018 and closes on Oct 3, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Dinesh Engineers Limited (Withdrawn) IPO is Fresh Issue of 1,00,00,000 Equity Shares of Rs 10/- at price of Rs 183/- to Rs 185/- with aggregating up to Rs 185.0 Cr .
Ans. The Dinesh Engineers Limited (Withdrawn) IPO price band is set between Rs 183/- to Rs 185/- Rs per Equity Share.
Ans. To apply for Dinesh Engineers Limited (Withdrawn) IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Dinesh Engineers Limited (Withdrawn) IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Dinesh Engineers Limited (Withdrawn) IPO is Oct 9, 2018.
Ans. The Dinesh Engineers Limited (Withdrawn) IPO will be listed on Oct 11, 2018.
Ans. Follow the steps to check the Dinesh Engineers Limited (Withdrawn) IPO allotment status online.
