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Dhruv Consultancy Services Limited IPO (Dhruv Consultancy IPO) Detail

Apr 27, 2018 - May 2, 2018

Incorporated in 2003, Mumbai based Dhruv Consultancy Services Limited is engaged in the business of infrastructure consultancy providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering, and Ports.

The services of the company include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno-Legal Services.

Dhruv's clientele include Ministry of Road Transport and Highways, National Highways Authority of India, The City and Industrial Development Corporation of Maharashtra Ltd., Jawaharlal Nehru Port Trust, Maharashtra State Road Development Corporation, Mumbai Metropolitan Region Development Authority, Public Works Department, Maharashtra Tourism etc

As on December 31, 2017, the company had over 313 employees on its payroll.

Company Promoters:

Pandurang B. Dandawate and Jayashree P. Dandawate are the Promoters of the Company. The promoters hold 68,42,100 Equity Shares which in aggregate, constitute 68.42 % of the issued and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,050.28 1,792.64 1,250.34 739.22 488.26
Total Revenue 3,046.24 1,515.33 974.39 916.75 510.85
Profit After Tax 308.16 132.21 78.97 112.67 34.52

Objects of the Issue:

The objects of the Issue are-

1. Repayment/ prepayment of certain indebtedness;
2. To Meet Working Capital requirements;
3. General Corporate Expenses;
4. Issue Expenses

Dhruv Consultancy IPO Details

IPO DateApr 27, 2018 - May 2, 2018
Issue TypeFixed Price Issue IPO
Issue Size4,300,000 Eq Shares of ₹10
(aggregating up to ₹23.19 Cr)
Face Value₹10 Per Equity Share
IPO Price₹54 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME

Dhruv Consultancy IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹108,000
Maximum12000₹108,000

Dhruv Consultancy IPO Subscription Status (Bidding Detail)

Dhruv Consultancy IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

2,036,000

2,036,000

4,072,000

May 2, 2018 17:00

2.51x

2.56x

2.64x

Dhruv Consultancy IPO Prospectus

Dhruv Consultancy IPO Rating

82
3.7
Rating:Rated 3.7 stars

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Dhruv Consultancy IPO Listing Date

Listing DateThursday, May 10, 2018
BSE Script Code541302
NSE Symbol
Listing InMT
ISININE506Z01015
IPO Price₹54 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹54.00
₹53.40
₹52.55
₹56.05
₹56.05
974,000

Dhruv Consultancy IPO Reviews / Ratings

Company Contact Information

Dhruv Consultancy Services Limited
501, Pujit Plaza,
Palm Beach Road, Sector - 11, Opp. K-Star Hotel,
Near CBD Station, CBD Belapur, Navi Mumbai-400614

Phone: +91 22 27570710
Email: cs@dhruvconsultancy.in
Website: http://www.dhruvconsultancy.in

Dhruv Consultancy IPO Registrar

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: dcsl.ipo@linktime.co.in
Website: http://www.linkintime.co.in

Dhruv Consultancy IPO Lead Manager(s)

Dhruv Consultancy IPO FAQs

  1. 1. What is Dhruv Consultancy IPO?

    Dhruv Consultancy IPO is a SME IPO of 4,300,000 equity shares of the face value of ₹10 aggregating up to ₹23.19 Crores.

    The issue price of the IPO is ₹54 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Apr 27, 2018 and closes on May 2, 2018.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Dhruv Consultancy IPO will open?

    The Dhruv Consultancy IPO opens on Apr 27, 2018 and closes on May 2, 2018.

  3. 3. How to apply for Dhruv Consultancy IPO?

    Dhruv Consultancy 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 Dhruv Consultancy IPO allotment?

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

  5. 5. When is Dhruv Consultancy IPO listing date?

    The Dhruv Consultancy IPO listing date is on Thursday, May 10, 2018, at BSE SME.
  6. 6. What is the lot size of Dhruv Consultancy IPO?

    Dhruv Consultancy IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Dhruv Consultancy IPO Review / Comments

SecTheta
61. SecTheta  May 18, 2018 13:12
Solid performance so far!!!
Mahesh Chavda
61.1. Mahesh Chavda  May 28, 2018 23:08
What a Solid Performance ........😀😀😀😀😀😀
SecTheta
60. SecTheta  May 15, 2018 00:14
Those who didn't apply in this IPO will REGRET..
Those who applied, got the allotment and sold will never forgive themselves... This a multibegger... And it's one of the no-brainer to have in long term portfolio of SME stocks...
IPOANALYSIS
60.1. IPOANALYSIS  May 16, 2018 16:43
True

It is good though for those who are holding this gem and now from weak hands it will move to strong hands.
the volume have increased which means retailers are selling. once the selling from retailer is done the stock is headed higher as this would be in hands of strong players.

RAJAKUMAR
59. RAJAKUMAR  May 14, 2018 15:36
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear IPOANALYSIS
First time i got allotment in heavy subscription company.
IPOANALYSIS
59.1. IPOANALYSIS  May 14, 2018 16:14
Congrats for e2e allotment
RAJAKUMAR
59.2. RAJAKUMAR  May 15, 2018 13:31
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Thank you sir
RAJAKUMAR
58. RAJAKUMAR  May 14, 2018 15:34
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Dear IPOANALYSIS
Sorry i sold my lot at 57 on friday after getting allotment of E2E and on that day it releases circuit so i sold.
IPOANALYSIS
57. IPOANALYSIS  May 10, 2018 16:42
hold this stock. huge growth potential and multibagger stock
IPO Rocks
57.4. IPO Rocks  May 11, 2018 16:03
Where is the Admin?
IPOANALYSIS
57.5. IPOANALYSIS  May 11, 2018 16:40
Closed day higher at 56.60

keep holding this stock is headed higher and cross 100 within 1 year.
DownriteVJ
56. DownriteVJ  May 11, 2018 13:43
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
CMP 56.7
IPOANALYSIS
55. IPOANALYSIS  May 10, 2018 15:13
LETS ALL ENJOY THE LISTING FOR DHRUV.
PEOPLE CREATE FAKE ACCOUNTS AND MISSED AND CRYING OVER IT SHALL BE IGNORED
tejasa
54. tejasa  May 10, 2018 14:12
Ipo analysys
What about power and instrument
Sell or hold
Earlier U also said PIGL is a good stock but it contineous falling
IPOANALYSIS
54.1. IPOANALYSIS  May 10, 2018 14:40
Tejasa urf lakshya stop creating different accounts to ask question.do some work please.
IPOANALYSIS
53. IPOANALYSIS  May 10, 2018 11:48
Everyone

few people in this group like lakshya others with little or no knowledge comes in the group to tease others.
in morning he want to tease and look now this stock has hit upper circuit.
they dont know about valuation fundamentals . it is cheapest stock available and fair price is above 120rs.
this is a portfolio stock and i have already given reason
IPOANALYSIS
53.2. IPOANALYSIS  May 10, 2018 13:18
YES
Bholabhala
53.3. Bholabhala  May 10, 2018 13:29
Thanks :)
Mahesh Chavda
52. Mahesh Chavda  May 10, 2018 12:43
Open at 53.40+5%=56.05
IPOANALYSIS
51. IPOANALYSIS  May 3, 2018 13:13
I have put my bets on it

P/E is excellent
Business Model is good
Consultancy business rewards

Morever I dont think HEM securities will fail this time
The would be eager to come back . If this one does not suceed then they would have no chance to come with new sme ipo in future as well.

HEM issues have worked in the past. Lets see. I think this one should do good
an Investor
51.5. an Investor  May 10, 2018 12:24
I see circuit but not UC. I see only buyers @56.05 [+3.80%]. I hope I am looking at the correct Dhruv.
SecTheta
51.6. SecTheta  May 10, 2018 12:28
It's UC from the listing price. You're looking at right Dhruv
.
IPOANALYSIS
50. IPOANALYSIS  May 10, 2018 11:40

Lol.

Upper circuit with more than 1 lakh buyers

44. lakshya agg May 9, 2018 10:40:47 PM IST I Like It. | Report Abuse
ready for lower circuit tomorrow
RAJAKUMAR
49. RAJAKUMAR  May 10, 2018 11:25
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Upper Circuit 56.05 Dear IPO Analysis,
Thank U Sir. So for i not sell my lot. Usually i sold 50% at discovered price and remaining after 10 am in main line ipo.
IPOANALYSIS
49.1. IPOANALYSIS  May 10, 2018 11:27
hold this stock . i see it double the price within a year.
IPOANALYSIS
48. IPOANALYSIS  May 10, 2018 11:16
everyone please hold this stock tightly.
weak hands are out.
this stock should easily double in 8 to 10 months so dont give it so easily.
reemember its the cheapest stock among its peers which such growth of 72 pc profits.
IPOANALYSIS
47. IPOANALYSIS  May 10, 2018 11:12

Lag gaya bhai upper circuit

44.2. lakshya agg May 10, 2018 9:46:50 AM IST I Like It. | Report Abuse
laga gaya upper ka circuit


IPOANALYSIS
lakshya agg
46. lakshya agg  May 10, 2018 11:01
This message has been removed by a moderator.
IPOANALYSIS
46.1. IPOANALYSIS  May 10, 2018 11:05
check karo jo log Shrenik se first day nikal gaye then at 42 rs. Its now at 815 rs.

SME mein paisa kamana hai toh hold karna padta hai .
jo log listing gain ke liye aate hain they are weak hands.

IPOANALYSIS
46.2. IPOANALYSIS  May 10, 2018 11:08
long term kya ab toh short term mein retrun hai.

always remember sme satrts proper trading from 10 a.m

now all weak hands are out and will go to strong hands.
check the number of buyers increased .

toh ab kya kehna hai . short term and long term both will be happy
IPOANALYSIS
45. IPOANALYSIS  May 10, 2018 11:06
Lakshya ab toh start hua hai 10 baje.

check karo lower circuit toh nahi
par upper circuit par bhag raha hai

lol u r proven wrong again.

always stay with fundamental strong companies

i will show u price of 132 rs in 1 year
IPOANALYSIS
44. IPOANALYSIS  May 10, 2018 10:33
edelweiss have applied in this ipo. add this gem for long term gains
IPOANALYSIS
44.1. IPOANALYSIS  May 10, 2018 10:56
check karo properly before writing any comments. u should verify this and which link are you talking about. its in the list of shareholders. plz check urself
IPOANALYSIS
44.2. IPOANALYSIS  May 10, 2018 10:58
lakshya before commenting check everything urself. u said it will hit lower circuit which it did not. i never said it will hit upper circuit.

so u r proven wrong.
also read my comments i have repeatedly said its a long term stock and not about listing gain
lakshya agg
43. lakshya agg  May 9, 2018 23:40
This message has been removed by a moderator.
IPOANALYSIS
43.2. IPOANALYSIS  May 10, 2018 10:48
kisne kaha tha upper circuit lagega. tumne toh lower circuit kaha tha. kahan laga lc
show my message for upper circuit.

Comments below.

37.4. IPOANALYSIS May 9, 2018 10:22:02 AM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Keep holding this gem. Not sure about listing but long term it's a multibagger. Company has excellent growth prospects
IPOANALYSIS
43.3. IPOANALYSIS  May 10, 2018 10:49
132 jayega par tumhare price 32 par kabhi nahi aayega. lol
RAJAKUMAR
42. RAJAKUMAR  May 10, 2018 10:14
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Now 54



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