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 Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs 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

DC Infotech IPO Date Dec 12, 2019 to Dec 18, 2019
DC Infotech IPO Face Value ₹10 per share
DC Infotech IPO Price ₹45 per share
DC Infotech IPO Lot Size 3000 Shares
Issue Size2,400,000 shares of ₹10
(aggregating up to ₹10.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
P/E (x)7.4
Market Cap (₹ Cr.)27
Company Promoters

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

DC Infotech IPO Lot Size

The DC Infotech IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000

DC Infotech IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 60%

DC Infotech IPO Review

The company is in the "High Volume - Low margin" segment that has cut-throat competition with a fragmented unorganized sector. For the past four fiscals, its top line has shown inconsistency. Peers are way ahead in top-line comparison. The sudden boost in margins since it converted in a limited company on 19.02.19 raises concern. Based on the latest financial numbers, issue pricing looks reasonable, but sustainability remains a major worry going forward. Considering these, cash surplus - risk savvy investors may consider investment at their own risks. Read detail review...

DC Infotech IPO Subscription Status (Bidding Detail)

The DC Infotech IPO is subscribed 1.56 times on Dec 18, 2019 5:00:00 PM. The public issue subscribed 1.76 times in the retail category, times in the QIB category, and 1.39 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

DC Infotech IPO Prospectus

DC Infotech IPO Rating

Rating:Rated 2.9 stars
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DC Infotech IPO Listing Date

Listing Date Friday, December 27, 2019
BSE Script Code
NSE Symbol DCI
Listing In
ISIN INE0A1101019
IPO Price ₹45 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹45.00
Open: ₹45.50
Low: ₹45.00
High: ₹45.50
Last Trade: ₹45.20

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

DC Infotech IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462

DC Infotech IPO Review

DC Infotech IPO Recommendation Summary

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DC Infotech IPO FAQs

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 is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

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.

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

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

You can apply in DC Infotech 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 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.

The DC Infotech IPO listing date is on Friday, December 27, 2019.
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DC Infotech IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



48. RAJAKUMAR |   Link |Jan 14, 2020 11:10:17 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ 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
47. KUR |   Link |Jan 2, 2020 9:29:30 AM
How long it will trade as lot.
When it will be trade in shares.
47.1. Small Investor |   Link |Jan 10, 2020 4:36:58 PM
IPO Guru IPO Guru (1600+ Posts, 900+ 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
46. Small Investor |   Link |Jan 1, 2020 3:31:14 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
I think Exit from this Counter Now
45. BTST Traders |   Link |Dec 27, 2019 11:15:10 AM
Sold all six Lot between 45.05- 45.40 price Range
44. Small Investor |   Link |Dec 27, 2019 11:11:21 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
If Any One yet Hold this Stock , Sold your lot
43. Ipo.... |   Link |Dec 25, 2019 8:48:12 PM
Dear admin,please tell
Listing date:-
Nae symbol:-
Listing in:-
43.5. Small Investor |   Link |Dec 27, 2019 8:46:44 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
list @ 45.50
43.6. Ipo.... |   Link |Dec 27, 2019 9:14:11 AM
Exited @45.10
42. Sayan |   Link |Dec 27, 2019 9:10:57 AM
Sold 2 lot @45.50 Pre open mkt.
41. RAJAKUMAR |   Link |Dec 27, 2019 8:47:54 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Small
3 lot sold at 45.5
41.1. BLR |   Link |Dec 27, 2019 8:51:46 AM
even i sold 2 lot at 45.5
40. hchc |   Link |Dec 27, 2019 8:34:23 AM
Top Contributor Top Contributor (200+ Posts, 700+ Likes)
Smooth listing @ 45.50/-
39. BLR |   Link |Dec 27, 2019 8:17:39 AM
Listing today . Current matching price 45.75 . it can be change .
38. Small Investor |   Link |Dec 26, 2019 9:45:07 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
लिसिटंग वैसे आज होनी थी इस आईपीओ की लेकिन सूर्य ग्रहण की वजह से टाल दी गयी होगी शायद

37. SME BADSHAH |   Link |Dec 26, 2019 8:40:18 AM
Listing is tomorrow (27.12.19)
36. JAI MATA DI |   Link |Dec 25, 2019 6:48:57 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Probably listing on 30/12/2019
35. Small Investor |   Link |Dec 25, 2019 4:46:39 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Dear Admin
Please Update Listing Date of this IPO
34. KUR |   Link |Dec 24, 2019 5:43:06 PM
Now I got allotment confirmation for 1 lot (3000 shares).
At what price it will list in NSE. approximate.
33. JAI MATA DI |   Link |Dec 24, 2019 2:47:29 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Both account get 1/3 .. Total 2 out of 6 app.
32. KUR |   Link |Dec 24, 2019 2:46:45 PM
Amount deducted from Bank a/c.
But there is no display in the allotment status link.
Any one got allotment confirmation.
31. MS ASSOCIATE |   Link |Dec 22, 2019 11:50:19 AM
See Allotment statuse here-
31.1. VinShah |   Link |Dec 24, 2019 2:20:50 PM
This link opens up but don't display shares alloted or not after submitting all IPO details.. not proper work of registrar..
30. JAI MATA DI |   Link |Dec 24, 2019 12:35:34 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Allotment out. 1/3
29. VinShah |   Link |Dec 23, 2019 10:55:28 AM
Friends, 1.5x subscription when allotment will come & When will be listing happen?
29.3. Small Investor |   Link |Dec 23, 2019 2:07:36 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
29.4. VinShah |   Link |Dec 24, 2019 11:24:57 AM
Still not allotment announced only 1.5x subscription..Not fast work of registrar transfer agent..