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DRS Dilip Roadlines Ltd

DRS Dilip Roadlines Ltd

    Registered Office : 306 3rd Floor Kabra Complex,M G Road,Secunderabad Telangana 500003 Phone : 91-40-39818800/811/822
    Fax : 91-40-6620059

    Email : info@drsindia.in

    Website : www.drsindia.in

Public issue of 42,00,000 equity shares of Rs. 10 each ("equity shares") of DRS Dilip Roadlines limited ("ddrl" or the "company") for cash at a price of 75 per share (the "issue price"), aggregating to Rs. 31.50 Crores("the issue"), of which 2,25,600 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 39,74,400 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.88% and 26.39%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 7.5 times of the face value.

Issue

Opens On

Closes On

27-Nov-2018

30-Nov-2018

Money Payable On

Application

Allotment

75.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

31.50

31.50

15.06

75.00

Aryaman Financial Services Ltd

Projects
  • Repayment of Unsecured Loans
  • Setting up Additional Warehouse in the State of Telangana
  • Acquiring Additional Branch for Expansion of Business
  • Part Repayment of the Cash Credit facilities
  • Part Repayment of the Team Loans
  • General Corporate Purposes
Promoted By
  • Dayanand Agarwal
  • Anjani Kumar Agarwal
  • Sanjay Agarwal
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd