Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Wed, Nov 24, 2021 - Mon, Nov 29, 2021
DMR Hydroengineering IPO is a fixed price issue of ₹2.09 crores. The issue is a combination of fresh issue of 0.08 crore shares aggregating to ₹1.68 crores and offer for sale of 0.02 crore shares aggregating to ₹0.4158 crores.
DMR Hydroengineering IPO bidding started from Nov 24, 2021 and ended on Nov 29, 2021. The allotment for DMR Hydroengineering IPO was finalized on Dec 2, 2021. The shares got listed on BSE SME on Dec 7, 2021.
DMR Hydroengineering IPO price is ₹21 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,26,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,52,000.
Shreni Shares Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to DMR Hydroengineering IPO RHP for detailed Information.
IPO Open
Wed, Nov 24, 2021
IPO Close
Mon, Nov 29, 2021
Issue Price
₹21 per share
Market Cap (Pre-IPO)
₹7.83 Cr
| IPO Date | 24 to 29 Nov, 2021 |
| Listed on | Tue, Dec 7, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹21 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,96,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 54,000 shares Shreni Shares Ltd. (agg. up to ₹0.1134 Cr) |
| Fresh Issue (Ex Market Maker) | 7,44,000 shares (agg. up to ₹2 Cr) |
| Offer for Sale | 1,98,000 shares of ₹10 (agg. up to ₹0.4158 Cr) |
| Net Offered to Public | 9,42,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 29,28,200 shares |
| Share Holding Post Issue | 37,26,200 shares |
| BSE Script Code | 543410 |
| ISIN | INE07L501010 |
DMR Hydroengineering IPO comprises a total issue size of 9,96,000 shares. The net offer to the public is 9,42,000 shares, after excluding 54,000 shares allotted on a firm basis. Of the Net offer 4,68,000 (49.68%) allocated to NII 4,74,000 (50.32%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,68,000 | 49.68% | 46.99% |
| Retail Shares Offered | 4,74,000 | 50.32% | 47.59% |
| Firm Reservations | |||
| Market Maker Shares Offered | 54,000 | 5.42% | |
| Total Shares Offered | 9,96,000 | 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 | ₹1,26,000 |
| Retail (Max) | 1 | 6,000 | ₹1,26,000 |
| HNI (Min) | 2 | 12,000 | ₹2,52,000 |
DMR is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway tunnels. The services offered by the company include the entire life cycle of projects covering design & engineering, due diligence & regulatory, bid management & construction engineering, and quality & inspection. Other serving sectors of the company are renewables, water resources, mining, and urban infrastructure.
The company has a presence across 11 states in India. Internationally the company provides services to over 5 countries including Nepal, Nigeria, Dubai, Germany, and Senegal.
Competitive Strengths:
| 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 | Funding working capital requirement | 0.97 |
| 2 | General corporate purposes | 0.34 |
The DMR SME IPO is subscribed 11.43 times on November 29, 2021 7:47:00 PM (Day 5). The public issue subscribed 14.29 times in the retail category, [.] times in the QIB category, and 8.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 8.53 | 4,68,000 | 39,90,000 |
| Retail | 14.29 | 4,74,000 | 67,74,000 |
| Total | 11.43 | 9,42,000 | 1,07,64,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees, Underwriting Commission, Market Making Charges, Commission/processing fees for SCSBs, Brokerage and selling commission for Registered Brokers, CRTAs and CDPs | 0.34 |
| 2 | Fees Payable to Registrar to the Offer | 0.01 |
| 3 | Advertising and Marketing Expenses | 0.02 |
| 4 | Listing Fee and Other Regulatory Expenses including fees paid/payable to Stock Exchanges and Depositories | 0.04 |
| 5 | Printing & Stationery and Postage expenses | 0.02 |
| 6 | Others (Fees Payable to Auditor, Fees to Legal Advisor and Miscellaneous Expenses) | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹21.00 |
| Open | ₹25.00 |
| Low | ₹24.05 |
| High | ₹26.25 |
| Last Trade | ₹26.25 |
Lead Manager Reports
DMR Hydroengineering IPO is a SME IPO of 9,96,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹21 per share. The minimum order quantity is 6000.
The IPO opens on Wed, Nov 24, 2021, and closes on Mon, Nov 29, 2021.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in DMR Hydroengineering IPO using UPI as a payment gateway. Zerodha customers can apply in DMR Hydroengineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DMR Hydroengineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The DMR Hydroengineering IPO opens on Wed, Nov 24, 2021 and closes on Mon, Nov 29, 2021.
DMR Hydroengineering IPO lot size is 6000, and the minimum amount required for application is ₹1,26,000.
You can apply in DMR Hydroengineering 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 DMR Hydroengineering IPO will be done on Thursday, December 2, 2021, and the allotted shares will be credited to your demat account by Fri, Dec 3, 2021. Check the DMR Hydroengineering IPO allotment status.
The DMR Hydroengineering IPO listing date is on Tue, Dec 7, 2021.
