IPO Synopsis

DRS Dilip Roadlines Ltd
Registered Office: 306 3rd Floor Kabra Complex,M G Road,Secunderabad-500003, Telangana
Tel. No: 91-40-39818800/811/822
Fax No: 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 Money Payable On
Opens On Closes On Application Allotment
27-Nov-2018 30-Nov-2018 ₹75.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of :1600
(₹ Cr) Lead Managers to the Issue
Project Cost 31.50 Aryaman Financial Services Ltd
Project Financed through Current Offer 31.50
Post Issue Equity Share Capital 15.06
Issue Price 75.00
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