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Dilip Buildcon IPO is a book build issue of ₹653.98 crores. The issue is a combination of fresh issue of 1.96 crore shares aggregating to ₹430.00 crores and offer for sale of 1.02 crore shares aggregating to ₹223.98 crores.
Dilip Buildcon IPO bidding started from Aug 1, 2016 and ended on Aug 3, 2016. The shares got listed on BSE, NSE on Aug 11, 2016.
Dilip Buildcon IPO price band is set at ₹219.00 per share . The lot size for an application is 65. The minimum amount of investment required by an retail is ₹13,910 (65 shares). The lot size investment for sNII is 15 lots (975 shares), amounting to ₹2,13,525, and for bNII, it is 71 lots (4,615 shares), amounting to ₹10,10,685.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Dilip Buildcon IPO RHP for detailed Information.
| IPO Date | August 1, 2016 to August 3, 2016 |
| Listing Date | August 11, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹214 to ₹219 per share |
| Issue Price Final | ₹219 per share |
| Lot Size | 65 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 2,98,61,976 shares (aggregating up to ₹653.98 Cr) |
| Fresh Issue | 1,96,34,703 shares (aggregating up to ₹430.00 Cr) |
| Offer for Sale | 1,02,27,273 shares of ₹10 (aggregating up to ₹223.98 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 11,71,35,065 shares |
| Share Holding Post Issue | 13,67,69,768 shares |
Dilip Buildcon IPO offers total 2,98,61,976 shares. Out of which 1,49,30,987 (50.00%) allocated to QIB, 59,72,395 (20.00%) allocated to QIB, 44,79,297 (15.00%) allocated to NII, 1,04,51,692 (35.00%) allocated to RII and 89,58,592 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,49,30,987 (50.00%) | NA |
| − Anchor Investor Shares Offered | 89,58,592 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 59,72,395 (20.00%) | NA |
| NII (HNI) Shares Offered | 44,79,297 (15.00%) | NA |
| Retail Shares Offered | 1,04,51,692 (35.00%) | 1,60,795 |
| Total Shares Offered | 2,98,61,976 (100.00%) |
Dilip Buildcon IPO opens on August 1, 2016, and closes on August 3, 2016.
| IPO Open Date | Mon, Aug 1, 2016 |
| IPO Close Date | Wed, Aug 3, 2016 |
| Tentative Listing Date | Thu, Aug 11, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 3, 2016 |
Investors can bid for a minimum of 65 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | ₹14,235 |
| Retail (Max) | 14 | 910 | ₹1,99,290 |
| S-HNI (Min) | 15 | 975 | ₹2,13,525 |
| S-HNI (Max) | 70 | 4,550 | ₹9,96,450 |
| B-HNI (Min) | 71 | 4,615 | ₹10,10,685 |
Incorporated in 2006, Dilip Buildcon Ltd is Bhopal, MP based Engineering, Procurement and Construction (EPC) contractor focused on road projects in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.
Company's core business is undertaking construction projects across India in the roads and irrigation sectors. Dilip Buildcon is specialize in constructing state and national highways, city roads, culverts and bridges. Company is expanded into the irrigation and urban development businesses.
In last 5 years Dilip Buildcon completed the construction of 51 road projects in the states of Madhya Pradesh, Gujarat, Himachal Pradesh, Rajasthan and Maharashtra with an length of 5,858.49 lane kms. Company is owner of the one of the largest fleets of construction equipment in India with over 6,604 vehicles. Company is also one of the largest employer in construction sector with around 18,000 employees. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.
Dilip Buildcon's Competitive Strengths:
1. One of the Leading Road-focused EPC Contractor
2. Efficient business model
3. Excellent execution track record through strong operating systems and controls
4. Strong financial performance and credit profile
5. Visible growth through a robust order book and excellent pre-qualification credentials
6. Experienced management and promoters
| Particulars | For the year/period ended (in Rs. Million) | ||||
|---|---|---|---|---|---|
| 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 53,339.40 |
45,551.47 |
27,850.44 |
19,913.73 |
13,377.44 |
| Total Revenue |
41,007.14 |
26,301.44 |
23,223.78 |
19,131.42 |
11,898.22 |
| Profit After Tax (PAT) | 2,198.94 |
1,457.79 |
1,942.81 |
2,508.91 |
1,079.63 |
The Company Dilip Buildcon IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Pre-payment or scheduled repayment of a portion of term loans availed by the Company | 202.38 |
| 2 | To meet working capital requirements | 200.00 |
| 3 | General corporate purposes | 0.72 |
[Dilip Davda] Considering the next two year’s order book and the likely benefits in finance cost, company is expected to show better performance and ripe rewards on its investments. Issue may be considered for medium to long term investment. Read detail review...
| Listing Date | August 11, 2016 |
| BSE Script Code | 540047 |
| NSE Symbol | DBL |
| ISIN | INE917M01012 |
| Final Issue Price | ₹219 per share |
| BSE Listing Group | B |
Dilip Buildcon Ltd.
Plot No. 5, Inside Govind Narayan Singh Gate,
Chuna Bhatti, Kolar Road,
Bhopal 462 016
Bhopal, Madhya Pradesh
Phone: +91 755 4029999
Email: csabhishek@dilipbuildcon.co.in
Website: http://www.dilipbuildcon.co.in
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: dbl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Dilip Buildcon IPO is a main-board IPO of 2,98,61,976 equity shares of the face value of ₹10 aggregating up to ₹653.98 Crores. The issue is priced at ₹219 per share. The minimum order quantity is 65.
The IPO opens on August 1, 2016, and closes on August 3, 2016.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Dilip Buildcon IPO using UPI as a payment gateway. Zerodha customers can apply in Dilip Buildcon IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dilip Buildcon IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dilip Buildcon IPO opens on August 1, 2016 and closes on August 3, 2016.
Dilip Buildcon IPO lot size is 65, and the minimum amount required for application is ₹14,235.
You can apply in Dilip Buildcon 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 Dilip Buildcon IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dilip Buildcon IPO allotment status.
The Dilip Buildcon IPO listing date is on Thursday, August 11, 2016.
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