DC Infotech and Communication Ltd IPO (DC Infotech IPO) Detail

Dec 12, 2019 - Dec 18, 2019

Incorporated in 1998, Mumbai based DC Infotech Ltd is engaged in reselling and distribution business of computers, and computer peripherals.

The company operates on a broad-based distribution model where it deals with multiple brand strategy and different products. DC Infotech supplies IT products such as networking, security, firewall's, desktop virtualizanion, broadband, surveillance, wireless, digital signage, power solutions and others like cloud security, digital performance, network performance, and enterprise security.

DC Infotech is an IT Solution distribution house in India. Currently, it has 1600 dealers across the country offering a wide range of hardware and software IT products. The company works as a middle man between users & resellers and IT manufacturers/ developers. The company also provides demand generation, after-sale support, logistics services as well. It has 2 offices located in Maharashtra and 8 Warehouses across different states in India.

Business Process:
DC Infotech purchases IT products in bulk from vendors and sells them to channel partners (systems integrators, retailers, corporate resellers, etc). The company supplies both the Value Business and Volume business products to corporate/large businesses and vendors.

Some of the vendors of the company are:

  • Netgear
  • Zscaler
  • D-Link
  • Samsung
  • Aten
  • Avnet
  • Netscout
  • Riverbed
  • Delta Power Solutions
  • Sonicwall
  • Ncomputing

Competitive Strengths:

1. End-to-end services
2. PAN India reach
3. Logistics capabilities
4. Long term vendors
5. Wide product range

Company Promoters:

Chetankumar Timbadia and Devendra Sayani are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ in Lakhs)
1-Apr-2019 to 30-June-19 19-Feb-2019 to 31-Mar-19 1-Apr-2018 to 18-Feb-2019 31-Mar-18 31-Mar-17
Total Assets 5,721.55 5,427.20 4391.03 4,784.13 3,626.92
Total Revenue 3,648.56 1,523.49 9883.42 9,756.24 10,878.78
Profit After Tax 90.52 81.71 52.21 130.12 90.41

Objects of the Issue:

The company proposes to utilize the net proceeds from the issue towards the following objects:
1. Meeting incremental working capital requirements; and
2. General corporate purposes

DC Infotech IPO Details

IPO DateDec 12, 2019 - Dec 18, 2019
Issue TypeFixed Price Issue IPO
Issue Size2,400,000 Eq Shares of ₹10
(aggregating up to ₹10.80 Cr)
Face Value₹10 Per Equity Share
IPO Price₹45 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME
P/E (x)7.4
Market Cap (₹ Cr.)27

DC Infotech IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹135,000
Maximum13000₹135,000

DC Infotech IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding60%

DC Infotech IPO Subscription Status (Bidding Detail)

DC Infotech IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,263,000

1,137,000

2,400,000

Dec 18, 2019 17:00

1.39x

1.76x

1.56x

DC Infotech IPO Prospectus

DC Infotech IPO Rating

125
2.9
Rating:Rated 2.9 stars

Vote Here ...

DC Infotech IPO Listing Date

Listing DateFriday, December 27, 2019
BSE Script Code
NSE SymbolDCI
Listing In
ISININE0A1101019
IPO Price₹45 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:₹45.00
Open:₹45.50
Low:₹45.00
High:₹45.50
Last Trade:₹45.20
Volume:201,000

DC Infotech IPO Reviews / Ratings

Company Contact Information

DC Infotech and Communication Ltd
Unit No. 2, Aristocrate, Ground Floor,
Lajya Compound,
Mogra Road, Andheri (East), Mumbai 400069

Phone: 022-28329000
Email: cs@dcinfotech.com
Website: http://www.dcinfotech.com/

DC Infotech IPO Registrar

Satellite Corporate Services Private Limited
   B-302, Sony Apartment,
   Off Andheri Kurla Road, Jarimari,
   Sakinaka, Mumbai - 400 072

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: http://www.satellitecorporate.com

DC Infotech IPO FAQs

  1. 1. What is DC Infotech IPO?

    DC Infotech IPO is a SME IPO of 2,400,000 equity shares of the face value of ₹10 aggregating up to ₹10.80 Crores.

    The issue price of the IPO is ₹45 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Dec 12, 2019 and closes on Dec 18, 2019.

    Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When DC Infotech IPO will open?

    The DC Infotech IPO opens on Dec 12, 2019 and closes on Dec 18, 2019.

  3. 3. How to apply for DC Infotech IPO?

    DC Infotech IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When DC Infotech IPO allotment?

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

  5. 5. When is DC Infotech IPO listing date?

    The DC Infotech IPO listing date is on Friday, December 27, 2019, at NSE SME.
  6. 6. What is the lot size of DC Infotech IPO?

    DC Infotech IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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DC Infotech IPO Review / Comments

RAJAKUMAR
48. RAJAKUMAR  Jan 14, 2020 11:10
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear Small
Now a days all sme stock listed at par or marginal listing gain like 2k or 3k
It will also list like gian. The same LM
KUR
47. KUR  Jan 2, 2020 09:29
How long it will trade as lot.
When it will be trade in shares.
Small Investor
47.1. Small Investor  Jan 10, 2020 16:36
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
after a long time this stock do't move up or down side ,hence this stock will down near 40
if any one yet hold this stock ,sold and sift in to primary market's stocks
Small Investor
46. Small Investor  Jan 1, 2020 15:31
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
I think Exit from this Counter Now
BTST Traders
45. BTST Traders  Dec 27, 2019 11:15
Sold all six Lot between 45.05- 45.40 price Range
Small Investor
44. Small Investor  Dec 27, 2019 11:11
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
If Any One yet Hold this Stock , Sold your lot
Ipo....
43. Ipo....  Dec 25, 2019 20:48
Dear admin,please tell
Listing date:-
Nae symbol:-
Listing in:-
ISIN:-
Small Investor
43.5. Small Investor  Dec 27, 2019 08:46
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
list @ 45.50
Ipo....
43.6. Ipo....  Dec 27, 2019 09:14
Exited @45.10
Sayan
42. Sayan  Dec 27, 2019 09:10
Sold 2 lot @45.50 Pre open mkt.
RAJAKUMAR
41. RAJAKUMAR  Dec 27, 2019 08:47
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear Small
3 lot sold at 45.5
BLR
41.1. BLR  Dec 27, 2019 08:51
even i sold 2 lot at 45.5
hchc
40. hchc  Dec 27, 2019 08:34
Smooth listing @ 45.50/-
BLR
39. BLR  Dec 27, 2019 08:17
Listing today . Current matching price 45.75 . it can be change .
Small Investor
38. Small Investor  Dec 26, 2019 09:45
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
लिसिटंग वैसे आज होनी थी इस आईपीओ की लेकिन सूर्य ग्रहण की वजह से टाल दी गयी होगी शायद

SME BADSHAH
37. SME BADSHAH  Dec 26, 2019 08:40
Listing is tomorrow (27.12.19)
JAI MATA DI
36. JAI MATA DI  Dec 25, 2019 18:48
Probably listing on 30/12/2019
Small Investor
35. Small Investor  Dec 25, 2019 16:46
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Dear Admin
Please Update Listing Date of this IPO
KUR
34. KUR  Dec 24, 2019 17:43
Now I got allotment confirmation for 1 lot (3000 shares).
At what price it will list in NSE. approximate.
JAI MATA DI
33. JAI MATA DI  Dec 24, 2019 14:47
Both account get 1/3 .. Total 2 out of 6 app.
KUR
32. KUR  Dec 24, 2019 14:46
Amount deducted from Bank a/c.
But there is no display in the allotment status link.
Any one got allotment confirmation.
MS ASSOCIATE
31. MS ASSOCIATE  Dec 22, 2019 11:50
See Allotment statuse here-

http://satellitecorporate.com/ipo-query.php
VinShah
31.1. VinShah  Dec 24, 2019 14:20
This link opens up but don't display shares alloted or not after submitting all IPO details.. not proper work of registrar..
JAI MATA DI
30. JAI MATA DI  Dec 24, 2019 12:35
Allotment out. 1/3
VinShah
29. VinShah  Dec 23, 2019 10:55
Friends, 1.5x subscription when allotment will come & When will be listing happen?
Small Investor
29.3. Small Investor  Dec 23, 2019 14:07
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
DC INFO ALLOTMENT YET NOT DECLARE
VinShah
29.4. VinShah  Dec 24, 2019 11:24
Still not allotment announced only 1.5x subscription..Not fast work of registrar transfer agent..






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