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 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 Date Nov 27, 2018 to Nov 30, 2018
Listing Date Monday, December 10, 2018
Face Value ₹10 per share
Price ₹75 per share
Lot Size 1600 Shares
Issue Size4,200,000 shares of ₹10
(aggregating up to ₹31.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

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

Agarwal Packers and Movers IPO Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 1600 ₹120,000
Retail (Max) 1 1600 ₹120,000

Agarwal Packers and Movers IPO Review

Company is collecting fancy premium for repayment of loans from promoters. Based on its financial data, issue is fully priced. Brand name used by the company is used by entire family and family groups; any dispute going forward in this regard is a major concern. Considering all these aspects, risk savvy cash surplus investors may consider investment at their own risks.

Read detail review...

Agarwal Packers and Movers IPO Subscription Status (Bidding Detail)

The Agarwal Packers and Movers IPO is subscribed 1.14 times on Nov 30, 2018 6:00:00 PM. The public issue subscribed 0.26 times in the retail category, times in the QIB category, and 2.03 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Agarwal Packers and Movers IPO Prospectus

Agarwal Packers and Movers IPO Rating

Rating:Rated 3.8 stars
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Agarwal Packers and Movers IPO Listing Date

Listing Date Monday, December 10, 2018
BSE Script Code
Listing In
IPO Price ₹75 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

DRS Dilip Roadlines Limited
306, 3rd Floor,
Kabra Complex, 61, M G Road,
Secunderabad, Telangana - 500003
Phone: +91- 40- 39818800

Agarwal Packers and Movers IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Agarwal Packers and Movers IPO Review

Agarwal Packers and Movers IPO Recommendation Summary

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Agarwal Packers and Movers IPO FAQs

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 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.

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

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

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.

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.

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

Ranked Members of Forum  Ranked Members | Most Liked Members



8. Kartikdevd |   Link |Dec 7, 2018 10:53:49 PM
Allotment done. Monday listing at 9 or 9.15.
8.1. Small Investor |   Link |Dec 8, 2018 12:44:29 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
listing will at 80 at par
7. IPOMantra |   Link |Dec 4, 2018 11:13:12 PM
Tremendous competition not worth
6. GrowYourMoney |   Link |Nov 29, 2018 3:45:14 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Listed players are far much better & cheaper than this Co..

Total transport
5. JAYESH M |   Link |Nov 29, 2018 3:26:47 PM
4. Kartikdevd |   Link |Nov 29, 2018 2:33:08 PM
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 |   Link |Nov 25, 2018 4:46:39 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Strictly avoid all ipos till election. Make fd in bank and sleep reliefly.
2. Prakash h.jagad |   Link |Nov 25, 2018 12:23:04 AM
Apply or not
1. Small Investor |   Link |Nov 22, 2018 4:24:12 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
must apply in this IPO