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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 Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (β‚Ή in Millions)
Β  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

DMR SME IPO Date Nov 24, 2021 to Nov 29, 2021
DMR SME IPO Face Value ₹10 per share
DMR SME IPO Price ₹21 per share
DMR SME IPO Lot Size 6000 Shares
Issue Size996,000 shares of ₹10
(aggregating up to ₹2.09 Cr)
Fresh Issue798,000 shares of ₹10
(aggregating up to ₹1.68 Cr)
Offer for Sale198,000 shares of ₹10
(aggregating up to ₹0.42 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Subhash Chander Mittal & Neelam Mittal are the company promoters.

DMR SME IPO Timeline (Tentative Timetable)

DMR SME IPO opens on Nov 24, 2021, and closes on Nov 29, 2021. The DMR SME IPO bid date is from Nov 24, 2021 10.00 A.M. to Nov 29, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
DMR SME IPO Opening Date Nov 24, 2021
DMR SME IPO Closing Date Nov 29, 2021
Basis of Allotment Dec 2, 2021
Initiation of Refunds Dec 3, 2021
Credit of Shares to Demat Dec 3, 2021
DMR SME IPO Listing Date Dec 7, 2021

DMR SME IPO Lot Size

The DMR SME IPO 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
Retail (Min) 1 6000 ₹126,000
Retail (Max) 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 Nov 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 ...

DMR SME IPO Listing Date

Listing Date Tuesday, December 7, 2021
BSE Script Code 543410
NSE Symbol
Listing In MT Group of Securities
ISIN INE07L501010
IPO Price ₹21 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹21.00
₹25.00
₹24.05
₹26.25
₹26.25

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: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/

DMR SME IPO Review

DMR SME IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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IPO Broker Recommendations

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 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 .

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 on Tuesday, December 7, 2021.
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DMR SME IPO Message Board

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277 Comments

75. GJ πŸ˜€ |   Link |Dec 30, 2021 11:18:39 AM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Apart from profit booking,
Any other reason for it to come down?
75.3. lokes |   Link |Dec 30, 2021 9:35:51 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@GJ: DMR is more into hydropower and dams etc than renewable energy.
Recently also it got one dam related order from nepal.
And it came to 35 from 44 in last 2 days :(
Lets hope for the good in future here. if you missed kotyark, but then you atleast have prevest also which is almost doubled from your buying price giving more than 3 lakh profit. I just couldn''t buy anything like kotyark(88)/prevest(230)/omnipotent(35)/nupur(90) and everywhere i got conviction at some time at above mentioned price that it will do good after that time/price. I will be little bold in future in taking decisions. Bade profit k lie thoda badi risk to leni hi hogi :)
75.4. lokes |   Link |Dec 30, 2021 9:36:39 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
one more EKI(7500)
74. Nishasondhiya |   Link |Dec 26, 2021 12:06:03 AM
Dear Experts,
Kindly guide on what to do with the shares. Holding from ipo.
DMR got an order of 1.68cr from some project in nepal, can i hold it for long term?
74.8. lokes |   Link |Dec 29, 2021 7:27:27 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@Nishasondhiya : ya we can''t predict each and every day move, some days back it reached 20% also in day and today its 10% down. I was noticing that its not in strong buy so i already sold my 1 lot as mentioned above. In future, quarterly results will be a factor for its further trend/move , till then it can move in any direction, can''t predict much. But better to have some stoploss as per own risk/reward (as per minimum profit you want to lock here, means at 25 or 30 or 35)
74.9. Nishasondhiya |   Link |Dec 29, 2021 11:14:16 PM
Dear lokes ji,
Thank you for your suggestion, will surely keep it in my mind going forward!
Regards.
73. Amit Jaipur |   Link |Dec 16, 2021 9:21:23 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Lokes ji at what rate should we buy now. Is it Ok To buy at todays seller pack rate.
73.4. lokes |   Link |Dec 16, 2021 4:12:01 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
typo mistake in my first message above in this thread, checked now then realize:

"Volumes are huge but lower circuit will NOT open today in my view and may be there for 1-2 days around"
73.5. lokes |   Link |Dec 23, 2021 5:19:43 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@amit: u bought it recently when circuit opened around 26 levels or didn''t bought? it is again back to 33 levels.
72. Gaurav DD dimer |   Link |Dec 9, 2021 2:58:42 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Just 6 lots sold today,
and more than 30 lots are pending in buying for a whole day.

looks like 3-4 more circuit can be possible here.
72.3. MDinesh |   Link |Dec 17, 2021 2:08:54 AM
Sold my lot today at LC
72.4. IPO Mitr |   Link |Dec 17, 2021 11:01:03 PM
@MDinesh

Excellent timing.
71. GJ πŸ˜€ |   Link |Dec 10, 2021 3:18:26 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
@MRavi,

You mentioned somewhere about selling for the first time after IPO allotment, was it DMR?
if yes, sold or holding?

I read, you got 2 lots, congrats.
Not 50% listing, but atleast better than ZERO or negative.

Me too, 1 lot, still holding.

@lokes also mentioned about holding DMR for sometimes, not repeating the mistake of selling early like we both did in Kotyark, exited early and now it went to almost double.
71.10. lokes |   Link |Dec 23, 2021 5:18:27 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@MDinesh: ya stoploss hit actually, else i knew it may move higher again. I should have kept stoploss little more lower.
@GJ : you still holding it ?
71.11. GJ πŸ˜€ |   Link |Dec 29, 2021 12:09:33 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
@lokes,
Somehow missed your msg.

Yes, still holding it.

I read, you also brought it back, good decision.
70. IPO Mitr |   Link |Dec 16, 2021 3:32:48 PM
Total 5.33% of equity changed hands today as operators reverse the stock direction with large volumes. One can expect more LCs.

Will not be looking to buy anytime soon..........Anyways it will be difficult to transact in this stock now.......unless one goes against the stock trend........Sell at UC and Buy at LC.
69. Amit Jaipur |   Link |Dec 16, 2021 9:22:59 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
it seems all are busy in selling it.
69.1. Amit Jaipur |   Link |Dec 16, 2021 9:45:04 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Looks like going to open LC & will try UC again.
68. Gaurav DD dimer |   Link |Dec 16, 2021 8:54:48 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
LC today
67. Amit Jaipur |   Link |Dec 16, 2021 8:51:27 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Lokes Sir DMR Buyer Pack se Seller pack ho gaya.
66. JagdishBose |   Link |Dec 14, 2021 10:27:11 PM
It is rs 33+ now. Is it still good to buy? Pls suggest.
65. Gaurav DD dimer |   Link |Dec 9, 2021 8:10:38 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Yesterday Bulk deal.
who have applied for 50 lots in DMR have sold yesterday.

08 Dec 2021      HETAL SHASHANK DOSHI      S      30000      27.55
65.2. Gaurav DD dimer |   Link |Dec 9, 2021 9:48:24 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
50 Lots he applied and alloted 5 lots.
he sold his full 5 lots.

you can check BOA. I wrote correctly, you just misunderstood.
65.3. Amit Jaipur |   Link |Dec 9, 2021 10:12:09 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Ok. Sorry.
64. Gaurav DD dimer |   Link |Dec 9, 2021 8:11:07 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
I have sold my shares today at upper circuit.
64.1. MDinesh |   Link |Dec 9, 2021 8:14:17 AM
Good, so your issue is sorted out?
64.2. Gaurav DD dimer |   Link |Dec 9, 2021 8:21:17 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@MDinesh yes, its available in Broker app to trade now.
63. Gaurav DD dimer |   Link |Dec 7, 2021 7:22:05 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@lokes
@Norul
@M ravi
Block Deal today.

07 Dec 2021      RAJ KUMAR JAIN      P      54000      24.74
07 Dec 2021      LAXMIKANTH P N      P      48000      25.41
07 Dec 2021      CAIFU INVESTMENT ADVISORY LLP      S      24000      25.00
63.2. IPO BHAKT |   Link |Dec 8, 2021 1:33:33 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@gaurav,@Nooul , what is HNI in SME ,above 1 lot ?
63.3. lokes |   Link |Dec 8, 2021 3:34:51 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@IPO BHAKT : yes it is same like mainboard ipo''s , means above 2 lakh so usually above 1 lot here.
62. eVA |   Link |Dec 8, 2021 9:16:12 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
alloted 2
sold 1 in listing and 1 today.

Friends, apply next SME Nupur.
62.4. IPO BHAKT |   Link |Dec 8, 2021 1:35:11 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
what is HNI IN SME ? ABOVE 2 LACS LIKE MAIN IPO?
62.5. krupa |   Link |Dec 8, 2021 2:16:20 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
Ok
Thanks @eva
Aapka naam lekker bhi achcha tha

And aapne minor ka bataya tha Prostock me ac open hota he, mene meri daughter ka ac open karvaya he abhi recently
61. Gaurav DD dimer |   Link |Dec 7, 2021 8:41:22 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Guys my broker (edelweiss) not allowing to sell.
Getting error no data available. This generally happens with BSE SME IPO, nse works fine. after some days it work fine.

but don''t know where will be the price after few days.

so Any workaround around to transfer share in other demat account?
61.7. Gaurav DD dimer |   Link |Dec 8, 2021 8:23:40 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Update - Called again today to customer care.
they said script is updated in extreme trader, you can place order from there.

or you can try from mobile application after 10, it will be updated by that.
61.8. Amit Jaipur |   Link |Dec 8, 2021 8:29:26 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Gaurav Lodge your complaint thru email & write them that if this continues you are going to sue them & are shifting to other broker.
60. lokes |   Link |Dec 7, 2021 8:41:49 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
I am going to hold my Allotted lot this time, won''t sell today even if it is going down, will wait for some weeks to see movement....it may be risky but I am taking risk for better reward
60.5. lokes |   Link |Dec 7, 2021 12:18:17 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
yes @GJ , i was thinking it will lock in upper circuit probably after listing.
I think many here would have sold today. Anyways what your future thought on this? means thinking to exit around 30 levels or keeping for more longer ?
60.6. GJ πŸ˜€ |   Link |Dec 7, 2021 1:34:41 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
@lokes,
I might (want to) hold this for long term and trail SL of 2-3 rs.

On the contrary,
I am in need of money in month end (or Jan starting), so can''t commit anything for sure, may sell if needed.
59. MDinesh |   Link |Dec 7, 2021 5:54:29 AM
What will be the listing price? Any guess!!

My guess is it may be between Rs 23-25 🀞
59.1. Amit Jaipur |   Link |Dec 7, 2021 8:28:07 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Yes u R Right listing seems to be around 23. My Dear Esteemed Friends View to sell or hold.
59.2. MDinesh |   Link |Dec 7, 2021 8:54:38 AM
Listed at 25, already 102,000 shares were sold. Have to see how many of ~150 allotees will rush to sell it within this week ....
58. IPO Mitr |   Link |Dec 7, 2021 8:33:34 AM
Best Wishes on Listing.

Most likely listing at 23.
58.1. IPO Mitr |   Link |Dec 7, 2021 8:44:58 AM
Listed at 25. Congratulations everyone......
58.2. Amit Jaipur |   Link |Dec 7, 2021 8:47:37 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Listing At 25. Seems Ok.
57. IPO Mitr |   Link |Dec 6, 2021 5:25:42 PM
Issue is very small and subscription was reasonably strong. Probability of negative listing is very less but most likely....stock price post listing will move in circuit breakers with very low liquidity. If operators are able to list it too high then it will behave most likely as Omnipotent where despite strong listing gains on paper...investors were still unable to book profits.
56. B.K. Singhania |   Link |Dec 6, 2021 1:10:16 PM
hope for good listing tomorrow