Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Mon, Dec 11, 2017 - Thu, Dec 14, 2017
Diggi Multitrade IPO is a fixed price issue of ₹3.38 crores. The issue is entirely a fresh issue of 0.26 crore shares of ₹3.38 crore.
Diggi Multitrade IPO bidding started from Dec 11, 2017 and ended on Dec 14, 2017. The shares got listed on BSE SME on Dec 22, 2017.
Diggi Multitrade IPO price is ₹13 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,30,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,60,000.
Gretex Corporate Services Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Diggi Multitrade IPO RHP for detailed Information.
IPO Open
Mon, Dec 11, 2017
IPO Close
Thu, Dec 14, 2017
Issue Price
₹13 per share
Market Cap (Pre-IPO)
₹12.58 Cr
| IPO Date | 11 to 14 Dec, 2017 |
| Listed on | Fri, Dec 22, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹13 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 26,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,40,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.1820 Cr) |
| Fresh Issue (Ex Market Maker) | 24,60,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 24,60,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 70,77,500 shares |
| Share Holding Post Issue | 96,77,500 shares |
| BSE Script Code | 540811 |
| ISIN | INE158R01012 |
Diggi Multitrade IPO comprises a total issue size of 26,00,000 shares. The net offer to the public is 24,60,000 shares, after excluding 1,40,000 shares allotted on a firm basis. Of the Net offer 12,30,000 (50.00%) allocated to NII 12,30,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 12,30,000 | 50.00% | 47.31% |
| Retail Shares Offered | 12,30,000 | 50.00% | 47.31% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,40,000 | 5.38% | |
| Total Shares Offered | 26,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,30,000 |
| Retail (Max) | 1 | 10,000 | ₹1,30,000 |
| HNI (Min) | 2 | 20,000 | ₹2,60,000 |
Incorporated in 2014, Diggi Multitrade Limited is engaged trading in real estate and related activities comprising flats and land. They intrading in real estate by way of acquiring interests in various real estate projects such as flats and land where they purchase the flat from the builders and is sold to a third party at a price higher than the price originally paid by them to the builder.
Thhey are also trades in fabrics and construction materials. They involved withdealing in construction material which they procure at the prevailing market prices and sell the same at a profit margin in the range of 5% to 10%.
Company's business activities are concentrated in certain areas of Mumbai suburbs such as Mira Road and Naigaon. They are in process of establishing their presence in other areas of Mumbai suburbs.
| 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 | Incremental Working Capital Requirement | 0.25 |
| 2 | Issue Expenses | 0.01 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including underwriting and selling commissions and payment to other intermediaries such as Legal Advisor, Registrar, Market Maker, Bankers etc. and other out of pocket expenses | 0.25 |
| 2 | Printing and stationery and postage expenses | 0.02 |
| 3 | Advertising and marketing expenses | 0.01 |
| 4 | Regulatory fees and other expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹13.00 |
| Open | ₹13.25 |
| Low | ₹12.85 |
| High | ₹14.20 |
| Last Trade | ₹13.03 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Diggi Multitrade IPO is a SME IPO of 26,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000.
The IPO opens on Mon, Dec 11, 2017, and closes on Thu, Dec 14, 2017.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Diggi Multitrade IPO using UPI as a payment gateway. Zerodha customers can apply in Diggi Multitrade IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Diggi Multitrade IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Diggi Multitrade IPO opens on Mon, Dec 11, 2017 and closes on Thu, Dec 14, 2017.
Diggi Multitrade IPO lot size is 10000, and the minimum amount required for application is ₹1,30,000.
You can apply in Diggi Multitrade 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 Diggi Multitrade IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Diggi Multitrade IPO allotment status.
The Diggi Multitrade IPO listing date is on Fri, Dec 22, 2017.
