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DU Digital Technologies Limited IPO (DU Digital Technologies IPO) Detail

Aug 12, 2021 - Aug 17, 2021

Incorporated in 2007, DU DigitalTechnologies is engaged in the business of providing visa processing services to embassies of different countries. It acts as a human interface between the visa applicant and the technical visa processing unit. The company plays administrative and non-judgmental tasks related to visa application, digitalization, document verification, and biometric data collection for customers.

It offers various contractual services 1. accepts documents on behalf of the Ministry, 2. attestation services, 3. collecting fingerprints, facial photos, retina scans, etc. It further provides many value-added services i.e. premium lounge, prime time application, mobile biometrics, SMS alert, and courier services.

The company has Visa Application Centers (VACs) in Delhi, Kolkata, Bangalore, Mumbai and also partnered with VFS Global Services Ltd to provide processing support services in Ahemdabad, Chandigarh, Chennai, Cochin, Jalandhar, Hyderabad, Pune, Gurgaon, Jaipur, and Goa.

Competitive strengths

  • High entry barriers in the industry.
  • Qualified and experienced managerial team.
  • Exclusive service agreements for visa processing services.

Company Promoters:

Mr. Rajinder Rai is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 391.41 772.23 1202.79
Total Revenue 226.78 3,206.44 3,747.93
Profit After Tax 10.53 (23.81) 70.62

Objects of the Issue:

  • Meet working capital requirements.
  • Investment in a subsidiary company, Dudigital Global LLC.
  • To meet general corporate purposes.
  • To meet issue expenses.

DU Digital Technologies IPO Details

IPO Opening Date Aug 12, 2021
IPO Closing Date Aug 17, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹65 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At NSE SME
Issue Size690,000 Eq Shares of ₹10
(aggregating up to ₹4.49 Cr)

DU Digital Technologies IPO Tentative Timetable

The DU Digital Technologies IPO open date is Aug 12, 2021, and the close date is Aug 17, 2021. The issue may list on Aug 26, 2021.

IPO Open Date Aug 12, 2021
IPO Close Date Aug 17, 2021
Basis of Allotment Date Aug 23, 2021
Initiation of Refunds Aug 24, 2021
Credit of Shares to Demat Account Aug 25, 2021
IPO Listing Date Aug 26, 2021

DU Digital Technologies IPO Lot Size

The DU Digital Technologies IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹130,000
Maximum 1 2000 ₹130,000

DU Digital Technologies IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding

DU Digital Technologies IPO Subscription Status (Bidding Detail)

The DU Digital Technologies IPO is subscribed 22.99 times on Aug 17, 2021 17:30. The public issue subscribed 39.28 in the retail category, in the QIB category, and 6.71 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII

6.71

RII

39.28

Total

22.99

DU Digital Technologies IPO Prospectus

DU Digital Technologies IPO Rating

119
3.4
Rating:Rated 3.4 stars
Vote Here ...

DU Digital Technologies IPO Listing Date

Listing Date Thursday, August 26, 2021
BSE Script Code
NSE Symbol DUDIGITAL
Listing In
ISIN INE0HPK01012
IPO Price ₹65 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹65.00
Open: ₹60.00
Low: ₹57.00
High: ₹63.00
Last Trade: ₹63.00

Company Contact Information

DU Digital Technologies Limited
C-4 SDA Community Centre Hauz Khas,
, New Delhi, 110016, Delhi, India

Phone: 011-40450533
Email: cs@dudigitalglobal.com
Website: http://www.dudigitalglobal.com/

DU Digital Technologies IPO Registrar

Bigshare Services Pvt Ltd

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

DU Digital Technologies IPO Reviews / Ratings

DU Digital Technologies IPO Lead Manager(s)

DU Digital Technologies IPO FAQs

DU Digital Technologies IPO is a SME IPO of 690,000 equity shares of the face value of ₹10 aggregating up to ₹4.49 Crores. The issue is priced at ₹65 per equity share. The minimum order quantity is 2000 Shares.

The IPO opens on Aug 12, 2021, and closes on Aug 17, 2021.

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

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

Steps to apply in DU Digital Technologies 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 'DU Digital Technologies 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 DU Digital Technologies IPO opens on Aug 12, 2021 and closes on Aug 17, 2021.

DU Digital Technologies IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

You can apply in DU Digital Technologies 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 DU Digital Technologies IPO will be done on Aug 23, 2021, and the allotted shares will be credited to your demat account by Aug 25, 2021. Check the DU Digital Technologies IPO allotment status.

The DU Digital Technologies IPO listing date is on Thursday, August 26, 2021.

DU Digital Technologies IPO Message Board

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