Dev Information Technology IPO

Dev Information Technology IPO

Dev Information Technology IPO

Dev Information Technology is engaged in the business of providing a range of Information Technology (IT) solutions. It provides various information technology and consultancy services, including enterprise solutions, e-governance solutions, ERP and CRM Implementation, IT – infrastructure services, website development, web hosting solutions and licensing solutions. The company is also into custom software development with well-defined processes to support its clients and partners in –web portals, web & mobile applications, responsive websites, their SEO & Social Media Marketing as well as Microsoft Dynamics ERP and CRM. In addition to above, Dev Information Technology also provides end-to-end IT services with strong managed IT team.

The company can help its clients with planning, architecting, setup & implementation, migration, management & support of IT infrastructure. It has also completed an e-governance project in Guyana, South America as well as served many overseas and local private sector enterprise projects. DEV IT is headquartered in Ahmedabad and has its branch offices in Ahmedabad, Pune and Jaipur.

Promoters of Dev Information Technology – Jaimin Jagdishbhai Shah, Pranav Niranjanbhai Pandya, Amisha Jayminbhai Shah, Kruti Pranav Pandya, Jaimin Jagdishbhai Shah (HUF) and Pranav Niranjan Pandya (HUF)

Dev Information Technology IPO details

Subscription Dates 31 Mar - 6 Apr 2017
IPO Price band INR42 per share
Fresh issue 1,488,000 shares (INR6.25 crore)
Offer for sale Nil
Total IPO size 1,488,000 shares (INR6.25 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge platform

 

Dev Information Technology's financial performance (in INR crore)

FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue 43.3 57.6 46.0 46.4 20.0
Total expenses 41.0 54.4 42.2 41.2 17.2
Profit after tax 0.6 1.1 1.3 2.0 1.2

Dev Information Technology Limited
14, Aaryans Corporate Park, Nr. Shilaj Railway Crossing Thaltej
Ahmedabad, Gujarat-380059

Phone: +91 79 2630 4241
Email: [email protected]
Website: www.devitpl.com

Day

Subscription (no. of times)

Day 1  1.26
Day 2  2.50
Day 3  11.79
Day 4  74.16

Dev Information Technology IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: [email protected]
Website: http://www.linkintime.co.in

IPO Opening Date: 31 March 2017

IPO Closing Date: 6 April 2017

Listing Date: 17 April 2017

Listing Price on NSE SME: INR50.4 (up 20% from IPO price)

Closing Price on NSE SME: INR50.4 (up 20% from IPO price)

Earnings Per Share (EPS): INR7.45

Price/Earnings (P/E) ratio: 5.64

Return on Net Worth (RONW): 18.81%

Net Asset Value (NAV): INR217.71 per share

Dev Information Technology IPO
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24 thoughts on “Dev Information Technology IPO

  • April 18, 2017 at 12:11 PM
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    As I said it is hitting upper circuit everyday. Buy Buy Buy

    Reply
  • April 16, 2017 at 9:32 AM
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    Fair value 125 hai. Ispe daily UC lagega…

    Reply
  • April 15, 2017 at 12:04 PM
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    All those who got the allotment, now enjoy. Upper circuit on monday

    Reply
  • April 12, 2017 at 4:18 PM
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    Aa gaya allotment and I got nothing

    Reply
  • April 12, 2017 at 12:14 PM
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    Kab ayega allotment. It is too late Link Intime is taking too long

    Reply
  • April 12, 2017 at 11:06 AM
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    kab tak allotment ane ki date he

    Reply
  • April 11, 2017 at 5:32 PM
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    Dev Information Technology IPO ALLOTMENT KAB HAI ????????

    Reply
  • April 11, 2017 at 12:02 PM
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    grey premium is Rs. 10 in dev IT

    Reply
    • April 11, 2017 at 5:39 PM
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      That’s great now waiting for allotment

      Reply
  • April 11, 2017 at 11:38 AM
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    dev infra allotment date

    Reply
  • April 6, 2017 at 12:00 AM
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    Dev information ma Applied Karai ke Nahi?

    Reply
    • April 6, 2017 at 1:59 PM
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      Bindass apply karo

      Itna sasta kuch nahin hai is mkt mein

      Reply
  • April 4, 2017 at 9:27 AM
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    Anybody’s know gmp for focus lighting and Dev?

    Reply
  • April 3, 2017 at 11:13 AM
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    Good investment but 1.26 Lacs investment is a very high amount in SME IPO.

    Reply
  • April 2, 2017 at 1:30 PM
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    online investment ka koi tarika batao issmein ho nahi raha
    thx in advance

    Reply
    • April 2, 2017 at 9:15 PM
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      Yes bank and Axis bank netbanking offer online applications in SME IPOs. I’ve never used them but you can try these out.

      Reply
      • April 3, 2017 at 8:28 PM
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        thx for reply
        but mere pass oriental bank ka hi account hai
        plz help

        Reply
    • April 3, 2017 at 10:05 PM
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      Bank of Baroda provide sme IPO subscription facility.first you can register your demat account and then apply from BOB.

      Reply
  • April 2, 2017 at 12:28 PM
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    asba se invest kar sakte hai issko kya ????

    Reply
  • April 1, 2017 at 10:05 PM
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    Nice addition of valuation in SME IPOs. Dev looks a clear buy, looking at these numbers…

    Reply
  • April 1, 2017 at 9:52 PM
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    is this good ipo for investment ??

    Reply
    • April 3, 2017 at 10:07 PM
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      Ya it’s good for ipo

      Reply

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