DRA Consultants Ltd IPO (DRA Consultants IPO) Detail

Sep 30, 2016 - Oct 4, 2016

Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc.

Company Promoters:

The promoters of the comapany are:

1. Dinesh Rathi
2. Uma Rathi

Objects of the Issue:

The object of the issue are to:

1. Working capital requirements;
2. General corporate purpose.

DRA Consultants IPO Details

IPO DateSep 30, 2016 - Oct 4, 2016
Issue TypeFixed Price Issue IPO
Issue Size2,960,000 Eq Shares of ₹10
(aggregating up to ₹2.96 Cr)
Face Value₹10 Per Equity Share
IPO Price₹10 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

DRA Consultants IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹100,000
Maximum220000₹200,000

DRA Consultants IPO Prospectus

DRA Consultants IPO Rating

19
3.5
Rating:Rated 3.5 stars

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DRA Consultants IPO Listing Date

Listing DateThursday, October 13, 2016
BSE Script Code540144
NSE Symbol
Listing InM
ISININE746V01016
IPO Price₹10 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹10.00
₹12.00
₹12.00
₹12.00
₹12.00
20,000

DRA Consultants IPO Reviews / Ratings

Company Contact Information

DRA Consultants Ltd
Plot No 58,
Ingole Nagar,
Wardha Road, Nagpur-440005

Phone: +91 712 3027575
Email: investors@dineshrathi.com
Website: http://www.dra.net.in

DRA Consultants IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

DRA Consultants IPO FAQs

  1. 1. What is DRA Consultants IPO?

    DRA Consultants IPO is a SME IPO of 2,960,000 equity shares of the face value of ₹10 aggregating up to ₹2.96 Crores.

    The issue price of the IPO is ₹10 Per Equity Share. The minimum order quantity is 10000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 30, 2016 and closes on Oct 4, 2016.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When DRA Consultants IPO will open?

    The DRA Consultants IPO opens on Sep 30, 2016 and closes on Oct 4, 2016.

  3. 3. How to apply for DRA Consultants IPO?

    DRA Consultants 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 DRA Consultants IPO allotment?

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

  5. 5. When is DRA Consultants IPO listing date?

    The DRA Consultants IPO listing date is on Thursday, October 13, 2016, at BSE SME.
  6. 6. What is the lot size of DRA Consultants IPO?

    DRA Consultants IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

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DRA Consultants IPO Review / Comments

Logical Mind.
44. Logical Mind.  Nov 10, 2016 15:37
Due to Bank rush date change possible

listing near 95 to 100
Slowrocket
43. Slowrocket  Oct 31, 2016 00:02
Dinero finance nd investment bought 150000 shares of DRA through bulk deal
They r very big nd long term investor
There pic were
Dynemic products
Dr Agarwal
Paushak Ltd all were multi bagger retyrns
Slowrocket
43.5. Slowrocket  Nov 1, 2016 23:19
I don''t know
But anup m shah he''s related to DSP black rock fund
Slowrocket
43.6. Slowrocket  Nov 1, 2016 23:20
He bought 100000 shares in bulk
niceplaywins
42. niceplaywins  Oct 24, 2016 21:19
can dra cross RS 39 till December 2016 if yes then what exactly the logic is as per BSE site the quarterly circuit is Rs 39 and if take oct to dec as a quarter then I think it should not ..... please clarify
TheLearner
42.1. TheLearner  Oct 24, 2016 23:15
I DON''T THINK THERE IS ANYTHING LIKE QUARTERLY CIRCUIT
Manipo
42.2. Manipo  Nov 5, 2016 11:09
Top Contributor Top Contributor (200+ Posts)
Daily effective circuit is minimum of ( daily circuit, monthly , quarterly and annual circuits)
So yes DRA can''t cross 39 till Dec 2016
niceplaywins
41. niceplaywins  Oct 24, 2016 21:15
can anyone please explain how circuit system works in sme in detail ( monthly, yearly etc ). How vidli crossed 90 Rupess within 9 months & breached the yearly circuit.
Slowrocket
40. Slowrocket  Oct 19, 2016 17:15
Big MKT cap needed to bid big projects
For reputation
100rs very short
AKMP
39. AKMP  Oct 18, 2016 10:05
LOOK OUT BUYERS ARE DECREASING.
Slowrocket
39.6. Slowrocket  Oct 22, 2016 15:41
This co can go up to 3 figure easyly
Slowrocket
39.7. Slowrocket  Oct 22, 2016 15:42
This co can go up to 3 figure easyly
AKMP
38. AKMP  Oct 18, 2016 09:06
Dear learner first let cross the hurdle of 12
Then will talk of 16
AKMP
38.1. AKMP  Oct 18, 2016 09:21
DEAR LEARNER AND STOCKT please request MARKET MAKER for trade otherwise 16 and 100 will never come.

looks like there will be no trade today also
STOCKT
38.2. STOCKT  Oct 19, 2016 00:32
hahah trade is executed and that too only 1 lot.

it shows everyone interested to buy and no one wants to sell.
AKMP
37. AKMP  Oct 18, 2016 09:03
There will be no rally without any trade

WAKE UP MARKET MAKER
AKMP
36. AKMP  Oct 18, 2016 09:01
No stockt. I am just saying with no trades it can''t move even beyond 12.
No liquidity.
No trade no price increase
AKMP
35. AKMP  Oct 17, 2016 16:07
This is the problem with SME ipos . LIQUIDITY LIQUIDITY AND LIQUIDITY. People are trap in bad as well as good stocks due to lack of any trade as well as wide difference between buy and sell prices.

SO APPLY WITH CARE IN SME IPOS
AKMP
35.7. AKMP  Oct 21, 2016 09:38
DEAR STOCKT ,
kindly please enlighten my knowledge. the circuits of yesterday and today are same. the monthly quarterly and yearly circuits are not changing even with price increase of share .
so according to it maximum price at 1 month is around 25 and year is 65 from listing date
STOCKT
35.8. STOCKT  Oct 24, 2016 16:37
THIS FIGURES ARE ALL INCORRECT.

pLEASE CHECK THE MONTHLY ONE IS LOWER THAN QTR FIGURES WHICH IS NOY POSSIBLE.

Please wait for some time i would show you it reaching 65 in months itself
AKMP
34. AKMP  Oct 17, 2016 15:35
a bse script Elcid investement bse code 503681 now trading at 2.85 has shown frustrated trade 0f 1500 shares after 3 years when it is said that share is worth in high 5 figures (more than 10000). though fundamental of this share is not penny of above share it seems like greed will prevail and people will be trapped for ages.

NO EXIT
Manipo
33. Manipo  Oct 17, 2016 15:34
Top Contributor Top Contributor (200+ Posts)
So again no trades in DRA consultant today. Very irresponsible on the part of market maker.
AKMP
32. AKMP  Oct 17, 2016 15:25
forget 100 even 15 will be difficult due to greed. market maker should sort this out
TheLearner
32.1. TheLearner  Oct 18, 2016 06:16
I AM READY TO PURCHASE AT 16 SELL UR STAKE TO ME
AKMP
31. AKMP  Oct 17, 2016 15:23
it seems like allotee will be trap for ever
AKMP
30. AKMP  Oct 17, 2016 15:21
every allottee is trap. no exit as greed has overtaken sound thinking. no one can eat and no one can spit
AKMP
29. AKMP  Oct 17, 2016 15:18
people are trap. greedy will not sell and price will never move from here
KAJLA
28. KAJLA  Oct 17, 2016 14:22
VALIANT ORG GIVES 44% IN 2 DAYS
KAJLA
27. KAJLA  Oct 17, 2016 14:20
DRA NOT MOVING ABOVE 14.4
KAJLA
27.1. KAJLA  Oct 17, 2016 14:21
??? NO TRADING ??
VarnIRAJ
26. VarnIRAJ  Oct 14, 2016 19:19
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Which target from dra ?
hold or sell ?
Slowrocket
26.1. Slowrocket  Oct 15, 2016 17:05
Even 100 is small for co like this they r into water nd sewerage consultancy where almost 70â„…of villages still required
Manipo
25. Manipo  Oct 14, 2016 17:17
Top Contributor Top Contributor (200+ Posts)
For the first time I have seen not a single lot being sold inspite of 20% circuit.
Last tiem I saw this in lancer containers but at that time circuit was 5% only.

I think market maker should have sold 1 lot. Tomorrow circuit limit will be 14.4 only
Slowrocket
25.1. Slowrocket  Oct 14, 2016 17:25
They know that this going to b more then 100 slowly slowly
NKD
25.2. NKD  Oct 14, 2016 20:03
@Slowrocket :-) thats why peoples are not selling the shares and there is no trade today...






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