DRS Dilip Roadlines Limited IPO (Agarwal Packers and Movers IPO) Detail

Nov 27, 2018 - Nov 30, 2018

Incorporated in 2009, Hyderabad based DRS Dilip Roadlines Limited is a company engaged in the business of logistics services. It offers transportation, packing & moving and warehousing services.

The company carries its packing and moving business under the brand name of 'Agarwal Packers and Movers'. It is a popular name in household relocation across the country.

DRS provides goods transportation services. It operates and owns a fleet of 301 trucks in the name of the Company, have 199 vehicles from the group and can hire 450 vehicles.

The Company owns a composite container vehicle called 'CHAPP VAN' (Car, Households, Artifacts, Plants and Pets). This new-concept composite container vehicle can carry Car, Household, Artifacts, Plants and Pets all at once. The CHAPP VAN has been recognized by Limca Books of Records.

DRS has some of the major corporates in its client list including MRF Limited, CEAT Limited, Mahindra &
Mahindra Limited, PPG Asian Paints, Micro Labs Limited, Cactus Profiles Private Limited and Amitasha Enterprises Private Limited.

Competitive Strengths of the Company-

1. Established brand name in household relocation
2. Pan India presence
3. Owns a large fleet of vehicles
4. Strong financial performance in the last 3-4 years
5. Strong customer base with some of the biggest names in the client list.

Company Promoters:

The promoters of the company are Mr Dayanand Agarwal, Mr Anjani Kumar Agarwal & Mr Sanjay Agarwal.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 8,299.32 7,814.93 5,299.06 4,986.01 4,498.53
Total Revenue 14,261.71 14,190.82 15,308.40 14,634.30 13,249.54
Profit After Tax 345.39 108.18 50.00 44.10 (41.16)

Objects of the Issue:

The objects of the Issue are-

1. Repayment of Unsecured Loans;
2. Setting up Additional Warehouse and Acquiring Additional Branches for Expansion of business
3. Part repayment of Cash Credit and Term Loans
4. General Corporate Purposes

Agarwal Packers and Movers IPO Details

IPO Opening DateNov 27, 2018
IPO Closing DateNov 30, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹75 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME
Issue Size4,200,000 Eq Shares of ₹10
(aggregating up to ₹31.50 Cr)

Agarwal Packers and Movers IPO Lot Size

The Agarwal Packers and Movers IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹120,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹120,000
Maximum11600₹120,000

Agarwal Packers and Movers IPO Subscription Status (Bidding Detail)

The Agarwal Packers and Movers IPO is subscribed 1.14x times on Nov 30, 2018 18:00. The public issue subscribed 0.26x in the retail category, in the QIB category, and 2.03x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.03x

RII

0.26x

Total

1.14x

Agarwal Packers and Movers IPO Prospectus

Agarwal Packers and Movers IPO Rating

53
3.8
Rating:Rated 3.8 stars

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Agarwal Packers and Movers IPO Listing Date

Listing DateMonday, December 10, 2018
BSE Script Code
NSE SymbolDRSDILIP
Listing In
ISININE02CV01017
IPO Price₹75 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹75.00
Open:₹75.15
Low:₹75.10
High:₹75.45
Last Trade:₹75.15
Volume:33,600

Agarwal Packers and Movers IPO Reviews / Ratings

Company Contact Information

DRS Dilip Roadlines Limited
306, 3rd Floor,
Kabra Complex, 61, M G Road,
Secunderabad, Telangana - 500003

Phone: +91- 40- 39818800
Email: info@drsindia.in
Website: http://www.drsindia.in/

Agarwal Packers and Movers IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Agarwal Packers and Movers IPO Lead Manager(s)

Agarwal Packers and Movers IPO FAQs

  1. What is Agarwal Packers and Movers IPO?

    Agarwal Packers and Movers IPO is a SME IPO of 4,200,000 equity shares of the face value of ₹10 aggregating up to ₹31.50 Crores. The issue is priced at ₹75 per equity share. The minimum order quantity is 1600 Shares.

    The IPO opens on Nov 27, 2018, and closes on Nov 30, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. When Agarwal Packers and Movers IPO will open?

    The Agarwal Packers and Movers IPO opens on Nov 27, 2018 and closes on Nov 30, 2018.

  3. What is the lot size of Agarwal Packers and Movers IPO?

    Agarwal Packers and Movers IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  4. How to apply for Agarwal Packers and Movers IPO?

    You can apply in Agarwal Packers and Movers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Agarwal Packers and Movers IPO allotment?

    The finalization of Basis of Allotment for Agarwal Packers and Movers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Agarwal Packers and Movers IPO allotment status.

  6. When is Agarwal Packers and Movers IPO listing date?

    The Agarwal Packers and Movers IPO listing date is on Monday, December 10, 2018.

Agarwal Packers and Movers IPO Message Board

Ranked Members  Ranked Members

Loading...
8. Kartikdevd |Dec 7, 2018 22:53
Allotment done. Monday listing at 9 or 9.15.
8.1. Small Investor |Dec 8, 2018 12:44
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
listing will at 80 at par
7. IPOMantra |Dec 4, 2018 23:13
Tremendous competition not worth
6. GrowYourMoney |Nov 29, 2018 15:45
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Listed players are far much better & cheaper than this Co..

Total transport
5. JAYESH M |Nov 29, 2018 15:26
WHAT IS KOSTAK RATE FOR CPSE FFO 3
4. Kartikdevd |Nov 29, 2018 14:33
DRS Roadlines is working with Great Logistics brand of India. And for SME it is not easy to get Limca Book Of Records. Great value stock. IPO subscription is eaten by Reliance CPSE FFO3 for 4.5% Gain. I think this will give Dange dums like returns after listing.
3. Hiteshji |Nov 25, 2018 16:46
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Strictly avoid all ipos till election. Make fd in bank and sleep reliefly.
2. Prakash h.jagad |Nov 25, 2018 00:23
Apply or not
1. Small Investor |Nov 22, 2018 16:24
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
must apply in this IPO







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