Debock Sales and Marketing Ltd IPO (Debock Sales IPO) Detail

May 24, 2018 - May 28, 2018

Incorporated in 2008, Debock Sales and Marketing Limited is engaged in manufacturing and trading of large range of agricultural equipment and in hospitality services. Company's product range includes Tractor Trolley, Agricultural Thresher, Mould Board Ploughs, Mounted Disc Ploughs, Tillers, Tanker, Combine Machine, Seed Drill Machine, Mounted Disc Harrows, Tractor Cultivators, Chaff Cutters etc.

Company commenced its business in hospitality services by opening a class hotel (Hotel Debock Inn) in July 2015 at Deoli in Tonk District on NH -12 in July 2015. In this regard the Company entered into a MOU with Rajasthan Government.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,007.36 2,096.70 1,082.99 418.02 40.68
Total Revenue 1,614.76 1,026.68 408.98 10.08 3.30
Profit After Tax 51.05 (2.23) 2.46 2.31 1.97

Objects of the Issue

The Object of the Issue is

1. To Meet the working capital requirement

Debock Sales IPO Details

Debock Sales IPO Date May 24, 2018 to May 28, 2018
Debock Sales IPO Face Value ₹10 per share
Debock Sales IPO Price ₹20 per share
Debock Sales IPO Lot Size 6000 Shares
Issue Size2,220,000 shares of ₹10
(aggregating up to ₹4.44 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

Company is promoted by Mukesh Manveer Singh.

Debock Sales IPO Lot Size

The Debock Sales IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000

Debock Sales IPO Review

Company’s working is inconsistent, issue is priced aggressively. Investors may give this highly priced issue a miss.

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Debock Sales IPO Subscription Status (Bidding Detail)

The Debock Sales IPO is subscribed 1.47 times on May 28, 2018 5:00:00 PM. The public issue subscribed 1.88 times in the retail category, times in the QIB category, and 1.07 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Debock Sales IPO Prospectus

Debock Sales IPO Rating

Rating:Rated 3.3 stars
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Debock Sales IPO Listing Date

Listing Date Tuesday, June 5, 2018
BSE Script Code
Listing In
ISIN INE411Y01011
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹20.00
Open: ₹20.95
Low: ₹20.10
High: ₹21.00
Last Trade: ₹20.35

Company Contact Information

Debock Sales and Marketing Ltd
51, Lohiya Colony,
200 ft Bye Pass,
Vaishali Nagar, Jaipur - 302021
Phone: +0141-2358654

Debock Sales IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Debock Sales IPO Review

Debock Sales IPO Recommendation Summary

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Debock Sales IPO FAQs

Debock Sales IPO is a SME IPO of 2,220,000 equity shares of the face value of ₹10 aggregating up to ₹4.44 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on May 24, 2018, and closes on May 28, 2018.

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

The Debock Sales IPO opens on May 24, 2018 and closes on May 28, 2018.

Debock Sales IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Debock Sales 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 Debock Sales IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Debock Sales IPO allotment status.

The Debock Sales IPO listing date is on Tuesday, June 5, 2018.
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Debock Sales IPO Message Board

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4. RAJAKUMAR |   Link |Jun 15, 2018 2:58:02 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Eagleye
Long Term Borrowings NIL
Short Term Borrowings 28 Cr.
So it is almost debt free company. Market always gives thumps up for those company.
Your expected subscription and listing will be on card.
3. Priyanka Meghwal |   Link |May 22, 2018 12:30:03 AM
I really don't understand dilip Davda's review. First of all he recommends stock on quantitative factors which in every case remains same and ignores qualitative factors. I have gone through with Prospectus and observes that company has shown Turnover of 16.15 crore & profit Rs 51 lakh for 2016-17 and for stub period(9 months) its 7.71 crore & Rs 27 lakhs. If company wanted to cook the books of accounts why it has not done in stub period. My observation seems to be GST intruption which has impacted Agro equipment(Central government applied 5% GST on agro equipment which later on withdrawn).
3.1. IPO LEADER |   Link |May 25, 2018 1:02:25 PM
and what about loan which have become NPA- 6cr rs from Union bank of india... dnt trap investors
2. IPO LEADER |   Link |May 21, 2018 1:48:22 PM
cost of acquisition for promoter is 26+ and they r giving it to public for 20rs... itni mahrbaani kyu kar rahe ho bhai
1. vgoel |   Link |May 20, 2018 10:08:55 AM
Wow! What a company! They could not even cook up their books properly. Company suddenly in profit in final year. Apply if you want to convert your 120000 into 20000.