Dhruv Consultancy Services IPO

Dhruv Consultancy Services IPOBusiness description - Dhruv Consultancy Services is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports. Its services include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno Legal Services.

The company has provided its services to clientele such as Ministry of Road Transport and Highways, National Highways Authority of India, The City and Industrial Development Corporation of Maharashtra Ltd., Jawaharlal Nehru Port Trust, Maharashtra State Road Development Corporation, Mumbai Metropolitan Region Development Authority, Public Works Department, Maharashtra Tourism etc.

Promoters of Dhruv Consultancy Services – Pandurang B Dandawate and Jayashree P Dandawate
Dhruv Consultancy Services IPO details
Subscription Dates 27 April - 2 May 2018
IPO Price band INR54 per share
Fresh issue 4,296,200 shares (INR23.2 crore)
Offer for sale Nil
Total IPO size  4,296,200 shares (INR23.2 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Repayment/ prepayment of certain indebtedness - INR4.99 crore
  • To Meet Working Capital requirements - INR11.40 crore
  • General Corporate Expenses - INR4.81 crore
  • Issue Expenses - INR1.99 crore
Dhruv Consultancy Services' financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 5.11 9.17 9.74 15.15 30.46 33.52
Total expenses 4.55 7.46 8.40 12.87 25.52 26.11
Profit after tax 0.35 1.13 0.79 1.32 3.08 5.40
Dhruv Consultancy Services' Contact Details

Dhruv Consultancy Services Limited
501, Pujit Plaza, Palm Beach Road, Sector - 11
Opp. K-Star Hotel, Near CBD Station
CBD Belapur, Navi Mumbai-400614

Phone: +91 022 2757 0710
Email: cs@dhruvconsultancy.in
Website: www.dhruvconsultancy.in

Dhruv Consultancy Services IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.17
Day 2 0.29
Day 3 2.54
Dhruv Consultancy Services Valuation (Latest FY)

Earnings Per Share (EPS): INR3.10

Price/Earnings (P/E) ratio: 17.42

Return on Net Worth (RONW): 35.48%

Net Asset Value (NAV): INR228.54 per share

Registrar of Dhruv Consultancy Services IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: dcsl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Dhruv Consultancy Services IPO Allotment Status

Dhruv Consultancy Services IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of Dhruv Consultancy Services

IPO Opening Date: 27 April 2018

IPO Closing Date: 2 May 2018

Listing Date: 10 May 2018

Listing Price on BSE SME: INR53.4 per share (down 1.11% from IPO price)

Closing Price on BSE SME: INR56.05 per share (up 3.79 from IPO price)

Dhruv Consultancy Services IPO
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One thought on “Dhruv Consultancy Services IPO

  • May 5, 2018 at 12:37 PM
    Permalink

    When listing dates is going to announced and how is the response to Subscription?

    Reply

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