IPO Issue Details
Issue Price / Price Band₹219 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size65 Shares per Lot
Total Issue Size2,98,61,976 shares (aggregating up to ₹653.98 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 01 Aug 2016
Subscription CloseWed, 03 Aug 2016
Anchor AllotmentSun, 31 Jul 2016
Basis of AllotmentTue, 09 Aug 2016
Initiation of RefundsWed, 10 Aug 2016
Credit of Shares to DematWed, 10 Aug 2016
Listing DateThu, 11 Aug 2016
UPI Mandate Deadline2016-08-03
Application & Investment Details
Retail — Min (1 Lots)₹14,235 — 65 shares
Retail — Max (13 Lots)₹185,055 (13 Lots)
HNI — Min (15 Lots)₹2,13,525 — 975 shares
Pre-IPO Promoter Holding11,71,35,065 shares
Post-IPO Promoter Holding13,67,69,768 shares
Fresh Issue Shares1,96,34,703 shares (aggregating up to ₹430.00 Cr)
Offer for Sale Shares1,02,27,273 shares of ₹10 (aggregating up to ₹223.98 Cr)
About Dilip Buildcon Ltd.
Incorporated in 2006, Dilip Buildcon Ltd is Bhopal, MP based Engineering, Procurement and Construction (EPC) contractor focused on road projects in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.Company's core business is undertaking construction projects across India in the roads and irrigation sectors. Dilip Buildcon is specialize in constructing state and national highways, city roads, culverts and bridges. Company is expanded into the irrigation and urban development businesses.In last 5 years Dilip Buildcon completed the construction of 51 road projects in the states of Madhya Pradesh, Gujarat, Himachal Pradesh, Rajasthan and Maharashtra with an length of 5,858.49 lane kms. Company is owner of the one of the largest fleets of construction equipment in India with over 6,604 vehicles. Company is also one of the largest employer in construction sector with around 18,000 employees. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.Dilip Buildcon's Competitive Strengths:1. One of the Leading Road-focused EPC Contractor2. Efficient business model3. Excellent execution track record through strong operating systems and controls4. Strong financial performance and credit profile5. Visible growth through a robust order book and excellent pre-qualification credentials6. Experienced management and promoters
Objects of the Issue
Dilip Buildcon Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Pre-payment or scheduled repayment of a portion of term loans availed by the Company
202.38
2
2 To meet working capital requirements
200.00
3
3 General corporate purposes
0.72
Shareholding & Lock-in
Pre-IPO Promoter Holding
11,71,35,065 shares
Post-IPO Promoter Holding
13,67,69,768 shares