Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Thu, May 24, 2018 - Mon, May 28, 2018
Debock Sales IPO is a fixed price issue of ₹4.44 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹4.44 crore.
Debock Sales IPO bidding started from May 24, 2018 and ended on May 28, 2018. The shares got listed on NSE SME on Jun 5, 2018.
Debock Sales IPO price is ₹20 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Gretex Corporate Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Guiness Securities Ltd..
Refer to Debock Sales IPO RHP for detailed Information.
IPO Open
Thu, May 24, 2018
IPO Close
Mon, May 28, 2018
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹16.44 Cr
| IPO Date | 24 to 28 May, 2018 |
| Listed on | Tue, Jun 5, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 22,20,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,20,000 shares Guiness Securities Ltd. (agg. up to ₹0.2400 Cr) |
| Fresh Issue (Ex Market Maker) | 21,00,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 21,00,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 82,20,000 shares |
| NSE Symbol | DIL |
| ISIN | INE411Y01011 |
Debock Sales IPO comprises a total issue size of 22,20,000 shares. The net offer to the public is 21,00,000 shares, after excluding 1,20,000 shares allotted on a firm basis. Of the Net offer 10,50,000 (50.00%) allocated to NII 10,50,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,50,000 | 50.00% | 47.30% |
| Retail Shares Offered | 10,50,000 | 50.00% | 47.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,20,000 | 5.41% | |
| Total Shares Offered | 22,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Incorporated in 2008, Debock Sales and Marketing Limited is engaged in manufacturing and trading of large range of agricultural equipment and in hospitality services. Company's product range includes Tractor Trolley, Agricultural Thresher, Mould Board Ploughs, Mounted Disc Ploughs, Tillers, Tanker, Combine Machine, Seed Drill Machine, Mounted Disc Harrows, Tractor Cultivators, Chaff Cutters etc.
Company commenced its business in hospitality services by opening a class hotel (Hotel Debock Inn) in July 2015 at Deoli in Tonk District on NH -12 in July 2015. In this regard the Company entered into a MOU with Rajasthan Government.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet the working capital requirement | 4.19 |
The Debock Sales IPO is subscribed 1.47 times on May 28, 2018 5:00:00 PM (Day 3). The public issue subscribed 1.88 times in the retail category, [.] times in the QIB category, and 1.07 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.07 | 10,50,000 | 11,22,000 |
| Retail | 1.88 | 10,50,000 | 19,74,000 |
| Total | 1.47 | 21,00,000 | 30,96,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Merchant Banker, Registrar Fees, Legal Fees & Misc. Expenditure Brokerage & Selling Commission | 0.18 |
| 2 | Printing and Stationery Expenses, Advertising and Marketing Expenses Statutory Expenses etc. | 0.07 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.95 |
| Low | ₹20.10 |
| High | ₹21.00 |
| Last Trade | ₹20.35 |
Lead Manager Reports
Debock Sales IPO is a SME IPO of 22,20,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Thu, May 24, 2018, and closes on Mon, May 28, 2018.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Debock Sales IPO using UPI as a payment gateway. Zerodha customers can apply in Debock Sales IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Debock Sales IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Debock Sales IPO opens on Thu, May 24, 2018 and closes on Mon, May 28, 2018.
Debock Sales IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in Debock Sales IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Debock Sales IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Debock Sales IPO allotment status.
The Debock Sales IPO listing date is on Tue, Jun 5, 2018.
