IPO

DRS Dilip Roadlines Limited (Agarwal Packers and Movers) IPO

NSE SME

Offer Date: Nov 27, 2018 - Nov 30, 2018

₹ 240000 /3200 Shares
*Min Investment

27 Nov, 2018

Open Date

30 Nov, 2018

Close Date

03 Dec, 2018

Allotment Date

07 Dec, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 75/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Offer for Sale of 42,00,000 Equity Shares of Rs 10/- at a price of Rs 75/- per share aggregating to Rs 31.50 Cr
  • Listing at NSE SME
  • Lead Manager Aryaman Financial Services Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


DRS Dilip Roadlines Limited (Agarwal Packers and Movers) IPO is an SME IPO, priced at Rs 75/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Nov 27, 2018 to Nov 30, 2018. The allotment is expected to be finalized on Dec 3, 2018, and the tentative listing date is Dec 7, 2018.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
5.00x
Total
45.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved19,87,20019,87,20039,74,400
Day 1 - 27-11-18
13,53,600 0.68 x1,44,000 0.07 x14,97,600 0.38 x
Day 2 - 28-11-18
34,30,400 1.73 x1,93,600 0.10 x36,24,000 0.91 x
Day 3 - 29-11-18
37,92,000 1.91 x2,64,000 0.13 x40,56,000 1.02 x
Day 4 - 30-11-18
40,27,200 2.03 x5,13,600 0.26 x45,40,800 1.14 x
Valuations
Earnings Per Share (EPS) Rs 2.29/-
P/E Ratio 32.70
RoNW 39.25%
Net Asset Value (NAV post issue) Rs 30.23/-
IPO - Issue Objectives
1

Repayment Of Unsecured Loans. ( Rs 17.50 Cr )

2

Setting up additional Warehouse in the state of Telangana. ( Rs 5.00 Cr )

3

Acquiring Additional Branch for Expansion of business. ( Rs 1.50 Cr )

4

Part repayment of our Cash Credit facilities. ( Rs 3.00 Cr )

5

Part repayment of our Term Loans. ( Rs 3.00 Cr )

6

General Corporate Purposes. ( Rs 0.90 Cr )

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Salebhai Internet Limited5.56NA- (172.01)%0.46
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