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DC Infotech & Communication Ltd

DC Infotech & Communication Ltd

    Registered Office : UnitNo 2 Aristocrate Ground Fr,Lajya Compound Mogra Road,Mumbai Maharashtra 400069 Phone : 91-22-28329000
    Fax :

    Email : cs@dcinfotech.com

    Website : www.dcinfotech.com

Initial Public Issue of 24,00,000 equity shares of face value of Rs. 10 each ("equity shares") of DC Infotech and Communication Limited ("the company" or the "issuer") for cash at a price of Rs. 45 per equity share (the "issue price"), (including a premuim of Rs. 35 per equity share), aggregating Rs. 10.80 Crores ("the issue"), of which 1,26,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 45 each aggregating Rs. 0.57 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 22,74,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 45 per equity share, aggregating to Rs. 10.23 Crores is hereinafter referred to as the "net issue". The issue and the net issue will Constitute 40.00 % and 37.90 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 4.5 times of the face value.

Issue

Opens On

Closes On

12-Dec-2019

18-Dec-2019

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.80

10.80

6.00

45.00

Fedex Securities Pvt Ltd

Projects
  • Meeting Incremental Working Capital Requirements
  • General Corporate Purposes
Promoted By
  • Chetankumar Timbadia
  • Devendra Sayani
Listing At
  • NSE - SME
Registrar to the Issue
  • Satellite Corporate Ser. P Ltd