The Dhruv Consultancy date has been confirmed as April 27, 2018, ending on May 2, 2018. Read the post to learn about the Dhruv Consultancy IPO GMP.
Dhruv Consultancy Developers’ IPO is a fixed-price offering of Rs 23.19 crore at ₹54 per share. The Dhruv Consultancy IPO GMP is ₹60.00. The minimum lot size for an application is 2000 shares. The minimum investment for retail investors is ₹108,000.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Dhruv Consultancy IPO:
Bidding Dates
April 27-May 2
Price Range
₹54 per share
Face Value
₹10 per share
GMP
₹60.00
Dhruv Consultancy IPO GMP
The Dhruv Consultancy IPO GMP is ₹60.00.
IPO Overview
The starting price for Dhruv Consultancy’s initial public offering (IPO) is Rs 23.19 crores. Dhruv Consultancy’s initial public offering (IPO) bidding opened on April 27, 2018, and ended on May 2, 2018. The shares were listed on the BSE SME on May 10, 2018. Dhruv Consultancy’s IPO price is 54 per share. An application must have a lot size of 2000 shares. The minimum investment required from retail investors is ₹100,000.
Dhruv’s clients include the Ministry of Road Transport and Highways, the National Highways Authority of India, the City and Industrial Development Corporation of Maharashtra Ltd., the Jawaharlal Nehru Port Trust, the Maharashtra State Road Development Corporation, the Mumbai Metropolitan Region Development Authority, the Public Works Department, Maharashtra Tourism, and others. As of December 31, 2017, the company had over 313 employees on payroll.
Dhruv Consultancy IPO Details
| IPO Date | April 27, 2018 to May 2, 2018 |
| Listing Date | May 10, 2018 |
| Face Value | ₹10 per share |
| Price | ₹54 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,300,000 shares (aggregating up to ₹23.19 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 224,000 shares |
Dhruv Consultancy Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 3,050.28 | 1,792.64 | 1,250.34 | 739.22 | 488.26 | |
| Total Revenue | 3,046.24 | 1,515.33 | 974.39 | 916.75 | 510.85 | |
| Profit After Tax | 308.16 | 132.21 | 78.97 | 112.67 | 34.52 | |
Dhruv Consultancy IPO Listing Details
| Listing Date | May 10, 2018 |
| BSE Script Code | 541302 |
| NSE Symbol | DHRUV |
| ISIN | INE506Z01015 |
| Final Issue Price | ₹54 per share |
Company Profile
The company provides various services, including project management consulting, independent consultancy, traffic and transportation engineering, financial analysis, technical audits, structural inspections, bridge assessments, and more. It also conducts feasibility studies and prepares Detailed Project Reports (DPRs) for infrastructure projects. They also provide techno-legal services. Dhruv Consultancy Services Limited was founded in 2003 and is a company that provides infrastructure consultancy services, including engineering and design,
building and overseeing comprehensive project operations for roadways, overpasses, underground passages, building locations, and ecological and harbour initiatives. Our range of services encompasses the development of Detailed Project Reports and viability assessments for public works, day-to-day maintenance tasks, project administration advisory services, autonomous consulting, project organisation, conceptualisation, assessment, traffic and movement engineering, financial evaluations, specialised evaluations, structural assessments, bridge examinations, and legal-technical services.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Dhruv Consultancy Services Limited |
| Phone number | +91 22 27570710 |
| Email ID | [email protected] |
| Website | dhruvconsultancy.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dhruv Consultancy IPO FAQs
When Dhruv Consultancy IPO will open?
The Dhruv Consultancy IPO opens on April 27, 2018 and closes on May 2, 2018.
What is the lot size of Dhruv Consultancy IPO?
Dhruv Consultancy IPO lot size is 2000 Shares, and the minimum amount required is ₹108,000.
When is Dhruv Consultancy IPO allotment?
The finalization of Basis of Allotment for Dhruv Consultancy IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Dhruv Consultancy IPO listing date?
The Dhruv Consultancy IPO listing date is on May 10, 2018.
Leave a Reply