The Diggi Multitrade IPO date has been confirmed from December 11, 2017 and ended on December 14, 2017.
Using an IPO, Diggi Multitrade is seeking to raise Rs 3.38 crores. Its price is ₹13 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹130,000.
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Bidding Dates
December 11-14
Price Range
₹13 per share
Face Value
INR 10 per share
GMP
₹23.60
Diggi Multitrade IPO GMP
The Diggi Multitrade Limited IPO GMP is ₹23.60.
IPO Overview
Diggi Multitrade IPO is a Rs 3.38 crore fixed price issuance. Bidding for the Diggi Multitrade IPO began on December 11, 2017 and closed on December 14, 2017. On December 22, 2017, the shares were listed on the BSE SME. The IPO price for Diggi Multitrade is 13 per share. An application’s minimum lot size is 10000 Shares. Retail investors must make a minimum commitment of $130,000.
The company’s operations are concentrated in particular Mumbai suburbs, such as Mira Road and Naigaon. They are in the midst of expanding their footprint in additional Mumbai suburbs.
Diggi Multitrade IPO Details
| IPO Date | December 11, 2017 to December 14, 2017 |
| Listing Date | December 22, 2017 |
| Face Value | ₹10 per share |
| Price | ₹13 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 2,600,000 shares (aggregating up to ₹3.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Diggi Multitrade IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹130,000 |
| Retail (Max) | 1 | 10000 | ₹130,000 |
Diggi Multitrade IPO Listing Details
| Listing Date | December 22, 2017 |
| BSE Script Code | 540811 |
| NSE Symbol | |
| ISIN | INE158R01012 |
| Final Issue Price | ₹13 per share |
Company Profile
Diggi Multitrade Limited, founded in 2014, trades in real estate and related activities such as flats and land. They invest in real estate by obtaining stakes in various real estate projects such as apartments and land, where they buy the flat from the builders and sell it to a third party for a higher price than they paid the builder. They also deal in fabrics and building materials. They are involved in the trade of construction materials, which they obtain at market prices and sell at a profit margin of 5% to 10%.
Registrar Info
| Name | Purva Sharegistry India Pvt Ltd |
| Phone number | +91-022-23018261/ 23016761 |
| Email ID | busicomp@vsnl.com |
| Website | purvashare.com |
Contact Details
| Name | Diggi Multitrade Limited |
| Phone number | +91 -22 -2674 4365 |
| Email ID | info@diggimultitrade.com |
| Website | diggimultitrade.com |
IPO Strenghts
- 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.
