Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Fri, Sep 30, 2016 - Tue, Oct 4, 2016
DRA Consultants IPO is a fixed price issue of ₹2.96 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹2.96 crore.
DRA Consultants IPO bidding started from Sep 30, 2016 and ended on Oct 4, 2016. The shares got listed on BSE SME on Oct 13, 2016.
DRA Consultants IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to DRA Consultants IPO RHP for detailed Information.
IPO Open
Fri, Sep 30, 2016
IPO Close
Tue, Oct 4, 2016
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹10.97 Cr
| IPO Date | 30 Sep to 4 Oct, 2016 |
| Listed on | Thu, Oct 13, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 29,60,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,60,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.1600 Cr) |
| Fresh Issue (Ex Market Maker) | 28,00,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 28,00,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 80,10,000 shares |
| Share Holding Post Issue | 1,09,70,000 shares |
| BSE Script Code | 540144 |
| ISIN | INE746V01016 |
DRA Consultants IPO comprises a total issue size of 29,60,000 shares. The net offer to the public is 28,00,000 shares, after excluding 1,60,000 shares allotted on a firm basis. Of the Net offer 14,00,000 (50.00%) allocated to NII 14,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,00,000 | 50.00% | 47.30% |
| Retail Shares Offered | 14,00,000 | 50.00% | 47.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,60,000 | 5.41% | |
| Total Shares Offered | 29,60,000 | 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 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.
DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc.
| 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 | Working Capital Requirement | 2.00 |
| 2 | General corporate purposes | 0.46 |
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 expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.48 |
| 2 | Regulatory fees | 0.02 |
| 3 | Marketing and Other Expenses | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹12.00 |
| Low | ₹12.00 |
| High | ₹12.00 |
| Last Trade | ₹12.00 |
Lead Manager Reports
DRA Consultants IPO is a SME IPO of 29,60,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Sep 30, 2016, and closes on Tue, Oct 4, 2016.
Bigshare 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 DRA Consultants IPO using UPI as a payment gateway. Zerodha customers can apply in DRA Consultants IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DRA Consultants IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The DRA Consultants IPO opens on Fri, Sep 30, 2016 and closes on Tue, Oct 4, 2016.
DRA Consultants IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in DRA Consultants 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 DRA Consultants IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the DRA Consultants IPO allotment status.
The DRA Consultants IPO listing date is on Thu, Oct 13, 2016.
