IPO Synopsis

DC Infotech & Communication Ltd
Registered Office: UnitNo 2 Aristocrate Ground Fr,Lajya Compound Mogra Road,Mumbai-400069, Maharashtra
Tel. No: 91-22-28329000
Fax No:
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 Money Payable On
Opens On Closes On Application Allotment
12-Dec-2019 18-Dec-2019 ₹45.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 10.80 Fedex Securities Pvt Ltd
Project Financed through Current Offer 10.80
Post Issue Equity Share Capital 6.00
Issue Price 45.00
Projects
Meeting Incremental Working Capital Requirements
General Corporate Purposes
Promoted By
Chetankumar Timbadia
Devendra Sayani
Listing At
NSE - SME
Registrar To The Issue