Incorporated in 1997, Dev Information Technology Ltd engaged in the business of providing a range of Information Technology ("IT") solutions. They provides business process outsourcing, software development, and software trading services in India.
The company offers enterprise resource planning and customer relationship management applications, application development solutions, and data analytics; and enterprise mobility services, such as mobile application development, solution testing, and device management services. They also provides network consulting, infrastructure audit, compliance, data center management, integrated business, technology and process solutions; hosted IT help desk staffing, hosted IT help desk and consulting, and unified communication and unified messaging services; application support services; IT security services comprising backup and recovery services; and IT Consulting services.
Further addition, the company offers cloud computing services, including cloud advisory, cloud implementation, cloud migration, and infrastructure as a service solutions; and digital commerce, digital marketing, and document digitization services. Further, it licenses software products; distributes digital signatures; and provides SSL certificates for HTTPS-based Web sites.
The promoters of the company are:
1. Mr. Jaimin Jagdishbhai Shah,
2. Mr. Pranav Niranjanbhai Pandya,
3. Mrs. Amisha Jayminbhai Shah,
4. Mrs. Kruti Pranav Pandya,
5. Jaimin Jagdishbhai Shah (HUF) and
6. Pranav Niranjan Pandya (HUF)
The object of the issue are:
1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses
| IPO Date | Mar 31, 2017 - Apr 6, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,488,000 Eq Shares of ₹10 (aggregating up to ₹6.25 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹42 Per Equity Share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹126,000 |
| Maximum | 1 | 3000 | ₹126,000 |
No. of Times Issue Subscribed (BSE + NSE) | ||||||
|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
Shares Offered | - | - | - | - | - | - |
Apr 6, 2017 17:00 | ||||||
| Listing Date | Monday, April 17, 2017 |
| BSE Script Code | |
| NSE Symbol | DEVIT |
| Listing In | |
| ISIN | INE060X01018 |
| IPO Price | ₹42 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Dev Information Technology Ltd
14, Aaryans Corporate Park,
Nr. Shilaj Railway Crossing Thaltej,
Ahmedabad - 380059
Phone: +91-79-26304241
Email: cs@devitpl.com
Website: http://www.devitpl.com
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: ditl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Dev Information Technology IPO is a SME IPO of 1,488,000 equity shares of the face value of ₹10 aggregating up to ₹6.25 Crores.
The issue price of the IPO is ₹42 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Mar 31, 2017 and closes on Apr 6, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Dev Information Technology IPO opens on Mar 31, 2017 and closes on Apr 6, 2017.
Dev Information Technology 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.
The finalization of Basis of Allotment for Dev Information Technology IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dev Information Technology IPO allotment status.
Dev Information Technology IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
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