DC INFOTECH IPO DETAILS – SUBSCRIPTION, LISTING

DC Infotech and Communications Ltd presented its IPO. The organization was consolidated in April 1998. it is a Mumbai based organization. The membership will begins on twelfth Dec 2019 and end on eighteenth Dec 2019.

DC Infotech IPO is a Fixed Price Type issue. The size of the issue is 2,400,000 Eq Shares with a total of Rs 10.80 crore. Likewise, the assumed worth is Rs 10 for each value share. The issue cost is Rs 45 for each offer. The parcel size and a base offer of 3000 offers. The IPO will be recorded on NSE SME.

Initial public offering Details:

Offer Date:  12th Dec – eighteenth Dec 2019

Initial public offering Type:  Fixed Price Issue

Initial public offering Size:  2,400,000 Eq Shares of Rs 10 (amassing up to Rs 10.80 cr

Face Value:   Rs 10 for each Eq Share

Issue Price:   Rs 45 for each Eq Share

Market Lot:   3000 shares

Least Bid and Lot Size:  3000 shares

Posting At: NSE SME

The goal of the issue is to use the raised sum for general corporate purposes and addition of working capital.

​

Initial public offering Promoters Holding:

Mr. Chetankumar Timbadia and Mr. Devendra Sayani are the advertisers of DC Infotech and Communications Ltd.

Pre Issue Share Holding:    100%

​

Post Issue Share Holding:  60%

Initial public offering Registrar:

Satellite Corporate Services Private Limited

Samhita Commercial Co-op Society Ltd,

Off Andheri Kurla Road, MTNL Lane,

Sakinaka, Mumbai-400072, Maharashtra, India.

Telephone: +91 22 28520461/462

Email: service@satellitecorporate.com

Site: www.satellitecorporate.com

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or proposal. It would be ideal if you read the offer report cautiously and counsel your consultant before contributing.