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 Opening Date	Sep 30, 2016
IPO Closing Date	Oct 4, 2016
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹10 per equity share
Market Lot	10000 Shares
Min Order Quantity	10000 Shares
Listing At	BSE SME
Issue Size	2,960,000 Eq Shares of ₹10 (aggregating up to ₹2.96 Cr)

DRA Consultants IPO Lot Size

The DRA Consultants IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	10000	₹100,000
Maximum	2	20000	₹200,000

DRA Consultants IPO Prospectus

› DRA Consultants IPO RHP

DRA Consultants IPO Rating

3.5

Rating:

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DRA Consultants IPO Listing Date

Listing Date	Thursday, October 13, 2016
BSE Script Code	540144
NSE Symbol
Listing In	M
ISIN	INE746V01016
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

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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 Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

DRA Consultants IPO FAQs

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 is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.

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.
When DRA Consultants IPO will open?

The DRA Consultants IPO opens on Sep 30, 2016 and closes on Oct 4, 2016.
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.
How to apply for DRA Consultants IPO?

You can apply in DRA Consultants 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.
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.
When is DRA Consultants IPO listing date?

The DRA Consultants IPO listing date is on Thursday, October 13, 2016.

DRA Consultants IPO Message Board

Ranked Members

44. Logical Mind. |Nov 10, 2016 16:37

Due to Bank rush date change possible

listing near 95 to 100

43. Slowrocket |Oct 31, 2016 01:02

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

Load more comments (4 replies)

43.5. Slowrocket |Nov 2, 2016 00:19

I don''t know
But anup m shah he''s related to DSP black rock fund

43.6. Slowrocket |Nov 2, 2016 00:20

He bought 100000 shares in bulk

42. niceplaywins |Oct 24, 2016 22:19

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

42.1. TheLearner |Oct 25, 2016 00:15

I DON''T THINK THERE IS ANYTHING LIKE QUARTERLY CIRCUIT

42.2. Manipo |Nov 5, 2016 12:09

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

41. niceplaywins |Oct 24, 2016 22:15

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.

40. Slowrocket |Oct 19, 2016 18:15

Big MKT cap needed to bid big projects
For reputation
100rs very short

39. AKMP |Oct 18, 2016 11:05

LOOK OUT BUYERS ARE DECREASING.

Load more comments (5 replies)

39.6. Slowrocket |Oct 22, 2016 16:41

This co can go up to 3 figure easyly

39.7. Slowrocket |Oct 22, 2016 16:42

This co can go up to 3 figure easyly

38. AKMP |Oct 18, 2016 10:06

Dear learner first let cross the hurdle of 12
Then will talk of 16

38.1. AKMP |Oct 18, 2016 10:21

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

38.2. STOCKT |Oct 19, 2016 01:32

hahah trade is executed and that too only 1 lot.

it shows everyone interested to buy and no one wants to sell.

37. AKMP |Oct 18, 2016 10:03

There will be no rally without any trade

WAKE UP MARKET MAKER

36. AKMP |Oct 18, 2016 10:01

No stockt. I am just saying with no trades it can''t move even beyond 12.
No liquidity.
No trade no price increase

35. AKMP |Oct 17, 2016 17:07

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

Load more comments (6 replies)

35.7. AKMP |Oct 21, 2016 10:38

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

35.8. STOCKT |Oct 24, 2016 17:37

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

34. AKMP |Oct 17, 2016 16:35

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

33. Manipo |Oct 17, 2016 16:34

Top Contributor (200+ Posts)

So again no trades in DRA consultant today. Very irresponsible on the part of market maker.

32. AKMP |Oct 17, 2016 16:25

forget 100 even 15 will be difficult due to greed. market maker should sort this out

32.1. TheLearner |Oct 18, 2016 07:16

I AM READY TO PURCHASE AT 16 SELL UR STAKE TO ME

31. AKMP |Oct 17, 2016 16:23

it seems like allotee will be trap for ever

30. AKMP |Oct 17, 2016 16:21

every allottee is trap. no exit as greed has overtaken sound thinking. no one can eat and no one can spit

29. AKMP |Oct 17, 2016 16:18

people are trap. greedy will not sell and price will never move from here

28. KAJLA |Oct 17, 2016 15:22

VALIANT ORG GIVES 44% IN 2 DAYS

27. KAJLA |Oct 17, 2016 15:20

DRA NOT MOVING ABOVE 14.4

27.1. KAJLA |Oct 17, 2016 15:21

??? NO TRADING ??

26. VarnIRAJ |Oct 14, 2016 20:19

IPO Mentor (700+ Posts, 900+ Likes)

Which target from dra ?
hold or sell ?

26.1. Slowrocket |Oct 15, 2016 18:05

Even 100 is small for co like this they r into water nd sewerage consultancy where almost 70â„…of villages still required

25. Manipo |Oct 14, 2016 18:17

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

25.1. Slowrocket |Oct 14, 2016 18:25

They know that this going to b more then 100 slowly slowly

25.2. NKD |Oct 14, 2016 21:03

@Slowrocket :-) thats why peoples are not selling the shares and there is no trade today...

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