Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
Incorporated in 2009, Hyderabad based DRS Dilip Roadlines Limited is a company engaged in the business of logistics services. It offers transportation, packing & moving and warehousing services.The company carries its packing and moving business under the brand name of 'Agarwal Packers and Movers'. It is a popular name in household relocation across the country.DRS provides goods transportation services. It operates and owns a fleet of 301 trucks in the name of the Company, have 199 vehicles from the group and can hire 450 vehicles.The Company owns a composite container vehicle called 'CHAPP VAN' (Car, Households, Artifacts, Plants and Pets). This new-concept composite container vehicle can carry Car, Household, Artifacts, Plants and Pets all at once. The CHAPP VAN has been recognized by Limca Books of Records.DRS has some of the major corporates in its client list including MRF Limited, CEAT Limited, Mahindra &Mahindra Limited, PPG Asian Paints, Micro Labs Limited, Cactus Profiles Private Limited and Amitasha Enterprises Private Limited.Competitive Strengths of the Company-1. Established brand name in household relocation2. Pan India presence3. Owns a large fleet of vehicles4. Strong financial performance in the last 3-4 years5. Strong customer base with some of the biggest names in the client list.
DRS Dilip Roadlines Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 225,600 | — | ₹1.69 Cr | — |
| TOTAL | 4,200,000 | 100.00% | ₹31.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| sNII (Min) | 14 | 22,400 | ₹1,680,000 |
| bNII (Min) | 68 | 108,800 | ₹8,160,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 14261.71 | 14190.82 | 15308.40 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 345.39 | 108.18 | 50.00 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 8299.32 | 7814.93 | 5299.06 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |