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DMR Hydroengineering & Infrastructures Limited IPO (DMR SME IPO) Detail

Nov 24, 2021 - Nov 29, 2021

DMR is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway tunnels. The services offered by the company include the entire life cycle of projects covering design & engineering, due diligence & regulatory, bid management & construction engineering, and quality & inspection. Other serving sectors of the company are renewables, water resources, mining, and urban infrastructure.

The company has a presence across 11 states in India. Internationally the company provides services to over 5 countries including Nepal, Nigeria, Dubai, Germany, and Senegal.

Competitive Strengths:

  • Presence in both domestic and international markets
  • A wide offering of engineering consultancy and due diligence services
  • Experienced management and dedicated employee base
  • Catering to diversified sectors
  • Accredited with various quality certificates

Company Promoters:

Subhash Chander Mittal & Neelam Mittal are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 33.80 33.76 29.74 23.65
Total Revenue 6.91 24.44 24.48 16.09
Profit After Tax 2.03 6.05 5.15 3.02

Objects of the Issue:

The net proceed from the IPO will be utilized towards the following purposes;

  • Funding working capital requirements; and
  • General corporate purposes

DMR SME IPO Details

IPO Opening Date Nov 24, 2021
IPO Closing Date Nov 29, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹21 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size996,000 Eq Shares of ₹10
(aggregating up to ₹2.09 Cr)
Fresh Issue798,000 Eq Shares of ₹10
(aggregating up to ₹1.68 Cr)
Offer for Sale198,000 Eq Shares of ₹10
(aggregating up to ₹0.42 Cr)

DMR SME IPO Tentative Timetable

The DMR SME IPO open date is Nov 24, 2021, and the close date is Nov 29, 2021. The issue may list on Dec 7, 2021.

IPO Open Date Nov 24, 2021
IPO Close Date Nov 29, 2021
Basis of Allotment Date Dec 2, 2021
Initiation of Refunds Dec 3, 2021
Credit of Shares to Demat Account Dec 3, 2021
IPO Listing Date Dec 7, 2021

DMR SME IPO Lot Size

The DMR SME IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹126,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹126,000
Maximum 1 6000 ₹126,000

DMR SME IPO Promoter Holding

Pre Issue Share Holding 98.97%
Post Issue Share Holding 72.46%

DMR SME IPO Review

The company is operating in a highly competitive and fragmented segment. There are many big players as well. Margins reported by it from FY20 till now raise the concern of sustainability going forward. Based on IPO expenses, this issue is fully structured with funding arrangements. Though the issue appears lucratively priced based on its super earnings, considering its minuscule performance and concern for the sustainability of margins going forward, there is no harm in ignoring this issue. There is some mismatch in the Basis for the offer price data. Read detail review...

DMR SME IPO Subscription Status (Bidding Detail)

The DMR SME IPO is subscribed 11.43 times on 11/29/2021 7:47:00 PM. The public issue subscribed 14.29 times in the retail category, times in the QIB category, and 8.53 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII8.53
Retail14.29
Total11.43

DMR SME IPO Prospectus

DMR SME IPO Rating

94
3.7
Rating:Rated 3.7 stars
Vote Here ...

Company Contact Information

DMR Hydroengineering & Infrastructures Limited
H. No.- 473, sector-30,
Faridabad 121 003,
Haryana
Phone: +91 1294360445
Email: investors@dmrengineering.net
Website: https://www.dmrengineering.net/

DMR SME IPO Registrar

Skyline Financial Services Private Ltd

Phone: +91 - 11 - 2681
Email: compliances@skylinerta.com
Website: http://www.skylinerta.com

DMR SME IPO Reviews / Ratings

DMR SME IPO FAQs

DMR SME IPO is a SME IPO of 996,000 equity shares of the face value of ₹10 aggregating up to ₹2.09 Crores. The issue is priced at ₹21 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Nov 24, 2021, and closes on Nov 29, 2021.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in DMR SME IPO using UPI as a payment gateway. Zerodha customers can apply in DMR SME IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in DMR SME IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'DMR SME IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The DMR SME IPO opens on Nov 24, 2021 and closes on Nov 29, 2021.

DMR SME IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

You can apply in DMR SME 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 DMR SME IPO will be done on Dec 2, 2021, and the allotted shares will be credited to your demat account by Dec 3, 2021. Check the DMR SME IPO allotment status.

The DMR SME IPO listing date is not yet announced. The tentative date of DMR SME IPO listing is Dec 7, 2021.

DMR SME IPO Message Board

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