Dhruv Consultancy Services Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Apr 2018

Close Date

02 May 2018

Allotment

08 May 2018

Listing Date

10 May 2018

Exchange

BSE SME

Price Band

₹54

Listing Price

See chart

Allotment Status

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Price Band

₹54

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

42,96,000 shares (aggregating up to ₹23.20 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

1,00,00,000 shares

Promoters

Post-IPO Holding

1,42,96,000 shares

Promoters

UPI Deadline

2018-05-02

Mandate

Anchor AllotmentThu, 26 Apr 2018

Basis of AllotmentTue, 08 May 2018

Refund InitiationWed, 09 May 2018

Demat CreditWed, 09 May 2018

Listing DayThu, 10 May 2018

UPI Mandate Deadline2018-05-02

Sale TypeFresh Capital

Net Offer to Public40,72,000 shares (aggregating up to ₹21.99 Cr)

Market Maker Quota2,24,000 shares (aggregating up to ₹1.21 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Dhruv Consultancy Services Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 May 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	224,000	—	₹1.21
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,296,000	100%	₹23.20

IPO Shares Offered

Dhruv Consultancy Services Ltd. IPO total issue size: ₹23.20 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	224,000	₹1.21	5.21%
Total	4,296,000	₹23.20	100.00%

* Based on upper price band ₹54 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹54.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹216,000
Retail (Max — 13 Lots)	13	26,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,344,000

* Issue Price ₹54 × Lot Size 2,000 shares

IPO Schedule

Anchor

26 Apr 2018

✓ Done

IPO Open

27 Apr 2018

✓ Done

IPO Close

02 May 2018

✓ Done

Allotment

08 May 2018

✓ Done

Refunds

09 May 2018

✓ Done

Demat Credit

09 May 2018

✓ Done

Listing Day

10 May 2018

✓ Done

₹54.00

INR · BSE

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Issue ₹54.00 Live Price

About Dhruv Consultancy Services Ltd.

Incorporated in 2003, Mumbai based Dhruv Consultancy Services Limited is engaged in the business of infrastructure consultancy providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering, and Ports.The services of the company include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno-Legal Services.Dhruv's clientele include Ministry of Road Transport and Highways, National Highways Authority of India, The City and Industrial Development Corporation of Maharashtra Ltd., Jawaharlal Nehru Port Trust, Maharashtra State Road Development Corporation, Mumbai Metropolitan Region Development Authority, Public Works Department, Maharashtra Tourism etcAs on December 31, 2017, the company had over 313 employees on its payroll.

Objects of the Issue

1 Repayment/ prepayment of certain indebtedness.

2 To Meet Working Capital requirements.

3 General Corporate Expenses.

Dhruv Consultancy Services Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹974.4

31-Mar-15

₹1,515.3

31-Mar-16

₹3,046.2

31-Mar-17

Profit After Tax (PAT)

₹79.0

31-Mar-15

₹132.2

31-Mar-16

₹308.2

31-Mar-17

Particulars	31-Mar-17	31-Mar-16	31-Mar-15
Revenue from Operations	3046.24	1515.33	974.39
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	308.16	132.21	78.97
Net Worth	N/A	N/A	N/A
Total Assets	3050.28	1792.64	1250.34
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered42,96,000 (100.00%)

Net Offer to Public40,72,000 shares (aggregating up to ₹21.99 Cr)

Reserved for Market Maker2,24,000 shares (aggregating up to ₹1.21 Cr)

Pre-Issue Promoter Holding1,00,00,000 shares

Post-Issue Promoter Holding1,42,96,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

dcsl.ipo@linktime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Dhruv Consultancy Services Ltd. IPO subscribed? ▲

Dhruv Consultancy Services Ltd. IPO is subscribed 1.00 times by May 02, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Dhruv Consultancy Services Ltd. IPO retail subscription status? ▼

The Dhruv Consultancy Services Ltd. IPO retail category is subscribed 1.00 times as of 02 May 2018. The retail portion is oversubscribed.

How to subscribe Dhruv Consultancy Services Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Apr 2018 and closes 02 May 2018. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2018-05-02.

How many times Dhruv Consultancy Services Ltd. IPO subscribed? ▼

The Dhruv Consultancy Services Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Dhruv Consultancy Services Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 May 2018. Refunds: on 09 May 2018.

When Dhruv Consultancy Services Ltd. IPO will be listed? ▼

The Dhruv Consultancy Services Ltd. IPO listing date is 10 May 2018, Thursday. Listed on: BSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Dhruv Consultancy Services Ltd. IPO close? ▼

The Dhruv Consultancy Services Ltd. IPO closes on 02 May 2018, Wednesday. UPI mandate: 2018-05-02. Allotment: 08 May 2018. Listing: 10 May 2018.

Quick Actions

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Live Price LIVE

Last Price₹54.00

Change—

Issue Price₹54.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹54

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹54

Subscribed1.00x

Open Date27 Apr 2018

Close Date02 May 2018

Allotment08 May 2018

Listing Date10 May 2018

ExchangeBSE SME

UPI Deadline2018-05-02