Dev Information Technology Ltd IPO (Dev Information Technology IPO) Detail

Mar 31, 2017 - Apr 6, 2017

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.

Objects of the Issue

The object of the issue are:

1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses

Dev Information Technology IPO Details

IPO Date Mar 31, 2017 to Apr 6, 2017
Listing Date Apr 17, 2017
Face Value ₹10 per share
Price ₹42 per share
Lot Size 3000 Shares
Total Issue Size1,488,000 shares
(aggregating up to ₹6.25 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Dev Information Technology IPO Reservation


KPI Values
P/E (x)10

Dev Information Technology IPO Lot Size

The Dev Information Technology IPO lot size is 3000 shares.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹126,000
Retail (Max) 1 3000 ₹126,000
Lot Size Calculator

Dev Information Technology IPO Review (Apply)

[Dilip Davda]  Reasonable pricing and the bottom line growth makes this issue worth considering for medium to long term. Read detail review...

Dev Information Technology IPO Subscription Status (Bidding Detail)

The Dev Information Technology IPO is subscribed times on Apr 6, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Dev Information Technology IPO Prospectus

Dev Information Technology IPO Rating

Rating:Rated 3.5 stars
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Dev Information Technology IPO Listing Details

Listing Date Apr 17, 2017
BSE Script Code
ISIN INE060X01018
IPO Price ₹42 per share

Listing Day Trading Information

Price Details
IPO Price
Last Trade

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Company Contact Information

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

Dev Information Technology IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ditl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Dev Information Technology IPO Analysis

Dev Information Technology IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Dev Information Technology IPO FAQs

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 is priced at ₹42 per share. The minimum order quantity is 3000 Shares.

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 lot size is 3000 Shares and the minimum order quantity is .

You can apply in Dev Information Technology 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Dev Information Technology IPO listing date is on Apr 17, 2017.
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Dev Information Technology IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



93. CA M&co.Jodhpur |   Link |Jun 5, 2017 3:19:38 PM
Buy on deep for long term
92. S J P Shares |   Link |Apr 14, 2017 3:38:05 PM


92.1. ANSHAH |   Link |Apr 20, 2017 1:15:47 PM
91. raj shah |   Link |Apr 19, 2017 11:49:08 AM
90. ipogame |   Link |Apr 16, 2017 1:38:19 PM
2 UC
90.2. ipogame |   Link |Apr 17, 2017 9:33:52 AM
90.3. jagadish abbigeri |   Link |Apr 18, 2017 2:07:57 PM
Hold it, will reach 100 this week..
89. SATYA NARAYAN AGARWAL |   Link |Apr 17, 2017 9:30:39 AM
Dev 20% uc
88. IPO BABAJI |   Link |Apr 15, 2017 10:48:45 PM
2 to 3 upper circuit
Listing on Monday
87. DHARMESH M VIRADIYA |   Link |Apr 14, 2017 10:30:34 PM

Dev information technology and chemcrux enterprise companies best??? Dev aa chemcrux?
86. raj shah |   Link |Apr 14, 2017 12:52:21 PM
20% up first day dont sell ..wait.. for three days..
85. SachinPatel |   Link |Apr 14, 2017 10:15:31 AM
This message has been removed by a moderator.
85.2. SachinPatel |   Link |Apr 14, 2017 11:23:02 AM
I want to buy Dev which is allotted, in SME IPO it was always "subject to allotted", so I think if anyone wants to sell then I can buy now.
85.3. Dharmesh bhai |   Link |Apr 14, 2017 12:25:04 PM
Buy it from screen on 17/04 listing day. If you are able to. You may get it on third day but rates beyond your buying limits
84. S J P Shares |   Link |Apr 13, 2017 12:26:27 PM
Listing UC. 20% for continue

Enjoy for who got allotment
83. ronak tilva |   Link |Apr 13, 2017 10:31:18 AM
got 1/3
83.1. addy A |   Link |Apr 13, 2017 6:10:59 PM
Congregations....for Allotment.
Can you please tell me from which broker you have applied to this SME IPO?
Thank you.
82. Amansonity |   Link |Apr 12, 2017 6:40:14 PM
81. Pomgud |   Link |Apr 12, 2017 3:18:54 PM
Allotment status is out. Its available now
80. NGP |   Link |Apr 12, 2017 3:17:58 PM
This link is working
Applied one allotted 000000
79. DarkHorse |   Link |Apr 12, 2017 3:14:31 PM
no records found!!!
78. CA Ujjawal |   Link |Apr 12, 2017 3:12:39 PM
Name is showing in the link but its not working
77. ajay M |   Link |Apr 12, 2017 3:02:24 PM
allotment status not show on site
76. ajay M |   Link |Apr 12, 2017 2:45:18 PM
Transaction Date :      06/04/2017 12:06:38 PM      

Investor Details      Company Details
CRN No.      256448      CASA      003392000005807
PAN No.      APUPM0626D      DP ID/Client ID      1202470000465500
Start Date      31/03/2017 12:00:00 AM
End Date      06/04/2017 12:00:00 AM
Application Details
Application No.      Bank Reference No.      Category      Status      Rejection Reson
53227885      256310      IND      Not Alloted      NON ALLOTEE
Bid Details
Bid No      Bid Status      Shares Applied      Rate      CutOff      Bid Amount      Exchange order ID.
1      AllotmentFailure      3000      42      NO      126000      2017040600002657
75. H.M.SHAH |   Link |Apr 12, 2017 2:21:56 PM
On Linkin TIme website, status of allotment now showing.

Please guys dont mislead to everyone by spreading rumours at this page about allotment done.
74. ajay M |   Link |Apr 12, 2017 2:04:56 PM
amount is unblock
74.1. Little Star |   Link |Apr 12, 2017 2:16:21 PM
sorry just check nothing on http://www.linkintime.co.in/PublicIssues/default.aspx pl dont missguide