IPO Synopsis

Dhruv Consultancy Services Ltd
Registered Office: 501 Pujit Plaza Palm Beach Rd,Sector-11 CBD Belapur,Navi Mumbai-400614, Maharashtra
Tel. No: 91-22-27570710
Fax No: 91-22-27570710
Email: cs@dhruvconsultancy.in
Website: www.dhruvconsultancy.in
Public issue of 42,96,000 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Dhruv Consultancy Services Limited ("The Company" or "DCSL" or "The Issuer") for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) ("Issue Price") aggregating to Rs. 23.20 crores ("The Issue") of which 2,24,000 equity shares aggregating to Rs. 1.21 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 40,72,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 54 per equity share aggregating to Rs. 44 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 30.05% and 28.48%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 54 is 5.4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Apr-2018 02-May-2018 ₹54.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 23.20 Hem Securities Ltd
Project Financed through Current Offer 23.20
Post Issue Equity Share Capital 14.30
Issue Price 54.00
Projects
Repayment/ prepayment of certain indebtedness
To meet working capital requirements
General corporate expenses
Promoted By
Pandurang B Dandawate
Jayashree P Dandawate
Listing At
BSE - SME
Registrar To The Issue