DMR Hydroengineering & Infrastructures Limited IPO Detail
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:
- Presence in both domestic and international markets
- A wide offering of engineering consultancy and due diligence services
- Experienced management and dedicated employee base
- Catering to diversified sectors
- Accredited with various quality certificates
Company Promoters
Subhash Chander Mittal & Neelam Mittal are the company promoters.IPO Details
| IPO Opening Date | Nov 24, 2021 |
| IPO Closing Date | Nov 29, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹21 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹2.09 Cr |
| Fresh Issue | ₹1.68 Cr |
| Offer for Sale | ₹0.42 Cr |
| Retail Portion | - |
IPO Tentative Timetable
The DMR Hydroengineering & Infrastructures Limited IPO open date is Nov 24, 2021, and the close date is Nov 29, 2021. The issue may list on Dec 07, 2021.
| IPO Open Date | Nov 24, 2021 |
| IPO Close Date | Nov 29, 2021 |
| Basis of Allotment Date | Dec 02, 2021 |
| Initiation of Refunds | Dec 03, 2021 |
| Credit of Shares to Demat Account | Dec 03, 2021 |
| IPO Listing Date | Dec 07, 2021 |
IPO Lot Size
The DMR Hydroengineering & Infrastructures Limited IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹126000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹126000 |
| Maximum | 1 | 6000 | ₹126000 |
IPO Promoter Holding
| Pre Issue Share Holding | 98.97% |
| Post Issue Share Holding | 72.46% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Jun-21 | 3.380 | 0.691 | 0.203 |
| 31-Mar-21 | 3.376 | 2.444 | 0.605 |
| 31-Mar-20 | 2.974 | 2.448 | 0.515 |
| 31-Mar-19 | 2.365 | 1.609 | 0.302 |
Objects of the Issue:
The net proceed from the IPO will be utilized towards the following purposes;
- Funding working capital requirements; and
- General corporate purposes
