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

Issue Open	Sep 30, 2016 - Oct 4, 2016
Issue Type	Fixed Price Issue IPO
Issue Size	2,960,000 Eq Shares of Rs 10 (aggregating up to Rs 2.96 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 10 Per Equity Share
Market Lot	10000 Shares
Min Order Quantity	10000 Shares
Listing At	BSE SME

DRA Consultants IPO Prospectus

› Red Herring Prospectus

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
› Issue Price: Rs 10 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 10.00
Rs 12.00
Rs 12.00
Rs 12.00
Rs 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

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Useful Articles

DRA Consultants IPO Review / Comments

44. Logical Mind. Nov 10, 2016 15:37

Due to Bank rush date change possible

listing near 95 to 100

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

Load more comments (4 replies)

43.5. Slowrocket Nov 1, 2016 23:19

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

43.6. Slowrocket Nov 1, 2016 23:20

He bought 100000 shares in bulk

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

42.1. TheLearner Oct 24, 2016 23:15

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

42.2. Manipo Nov 5, 2016 11:09

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 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.

40. Slowrocket Oct 19, 2016 17:15

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

39. AKMP Oct 18, 2016 10:05

LOOK OUT BUYERS ARE DECREASING.

Load more comments (5 replies)

39.6. Slowrocket Oct 22, 2016 15:41

This co can go up to 3 figure easyly

39.7. Slowrocket Oct 22, 2016 15:42

This co can go up to 3 figure easyly

38. AKMP Oct 18, 2016 09:06

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

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

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.

37. AKMP Oct 18, 2016 09:03

There will be no rally without any trade

WAKE UP MARKET MAKER

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

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

Load more comments (6 replies)

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

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

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

33. Manipo Oct 17, 2016 15:34

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 15:25

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

32.1. TheLearner Oct 18, 2016 06:16

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

31. AKMP Oct 17, 2016 15:23

it seems like allotee will be trap for ever

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

29. AKMP Oct 17, 2016 15:18

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

28. KAJLA Oct 17, 2016 14:22

VALIANT ORG GIVES 44% IN 2 DAYS

27. KAJLA Oct 17, 2016 14:20

DRA NOT MOVING ABOVE 14.4

27.1. KAJLA Oct 17, 2016 14:21

??? NO TRADING ??

26. VarnIRAJ Oct 14, 2016 19:19

IPO Mentor (600+ Posts, 600+ Likes)

Which target from dra ?
hold or sell ?

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

25. Manipo Oct 14, 2016 17:17

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 17:25

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

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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