IPO Issue Details
Issue Price / Price Band₹21 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size9,96,000 shares (aggregating up to ₹2.09 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 24 Nov 2021
Subscription CloseMon, 29 Nov 2021
Anchor AllotmentTue, 23 Nov 2021
Basis of AllotmentThu, 02 Dec 2021
Initiation of RefundsFri, 03 Dec 2021
Credit of Shares to DematFri, 03 Dec 2021
Listing DateTue, 07 Dec 2021
UPI Mandate Deadline2021-11-29
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 6,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 12,000 shares
Net Offer to Public9,42,000 shares (aggregating up to ₹1.98 Cr)
Reserved for Market Maker54,000 shares (aggregating up to ₹0.1134 Cr)
Pre-IPO Promoter Holding29,28,200 shares
Post-IPO Promoter Holding37,26,200 shares
Fresh Issue Shares7,44,000 shares (aggregating up to ₹1.56 Cr)
Offer for Sale Shares1,98,000 shares of ₹10 (aggregating up to ₹0.4158 Cr)
About DMR Hydroengineering & Infrastructures Ltd.
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 marketsA wide offering of engineering consultancy and due diligence servicesExperienced management and dedicated employee baseCatering to diversified sectorsAccredited with various quality certificates
Objects of the Issue
DMR Hydroengineering & Infrastructures Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirement
0.97
2
2 General corporate purposes
0.34
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,28,200 shares
Post-IPO Promoter Holding
37,26,200 shares