₹2.66 Crores | Listing at BSE | Thu, Nov 14, 2024 - Tue, Dec 3, 2024
Dmr Hydroengineering & Infrastructures Ltd Rights Issue comprises 0.0190 Cr equity shares aggregating to ₹2.66 Cr, offered at an issue price of ₹140 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Oct 22, 2024, with the Rights Issue being offered in the entitlement ratio of 1 : 20.
The term of payment is defined as following : The Issue Price of Rs. 140/- per Rights Equity Share shall be payable at the time of making the application for Rights Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 11, 2024.
The Rights Issue opens on Nov 14, 2024, and closes on Dec 3, 2024, with renunciation of Rights Entitlements permitted up to Nov 25, 2024.
The deemed date of allotment is Dec 11, 2024, following which the equity shares are expected to be credited to demat accounts on Dec 16, 2024 and listed at the BSE on Dec 19, 2024.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Dmr Hydroengineering & Infrastructures Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Oct 22, 2024
Entitlement Ratio
1 : 20
Open Date
Thu, Nov 14, 2024
Close Date
Tue, Dec 3, 2024
The Issue Price of Rs. 140/- per Rights Equity Share shall be payable at the time of making the application for Rights Issue.
Dmr Hydroengineering & Infrastructures Ltd's revenue increased by 64.83% and profit after tax (PAT) rose by 99.07% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 9.42 | 6.90 | 6.07 |
| Revenue | 7.36 | 4.47 | 3.57 |
| Profit After Tax | 1.53 | 0.77 | 0.69 |
| Net Worth | 7.74 | 5.79 | |
| Reserves and Surplus | 3.93 | 2.06 | |
| Amount in ₹ Crore | |||
DMR Hydroengineering & Infrastructures Limited was founded in 2009 and provides engineering consultancy and due diligence services for hydropower plants, dams, pump- storage, roads and railroad tunnels.
The services offered by the company cover the entire life cycle of projects, from planning and design, due diligence and regulation to tender management and construction, quality and inspection.
The company offers hydraulic engineering and infrastructure services, namely strategic consulting, due diligence studies, project feasibility analysis, cost-benefit analysis, risk analysis, regulatory approvals, monitoring and evaluation, geological studies, hydrological studies, hydraulic studies, hydraulic design of structures, geotechnical design of surface and below ground structures, structural design and analysis, dynamic analysis, numerical analysis, instrumentation analysis, detailed design and drawings, bid design and drawing, detailed project report, feasibility report, layout studies and alternative analysis, design review, working drawings, tender documents, bills of quantities, construction planning and scheduling, construction management and procedures, design and engineering support during construction, price analysis and estimates, contract management, procurement management, project management, project commissioning, final report, QA/QC plans, on-site quality assurance, pre-shipment inspection, third party inspection, safety inspection and O & M phase inspection.
The company operates in the Business to Business (B2B) category and serves both the domestic and international markets. Domestically, the company has a strong presence in more than 15 states of India with numerous projects in J&K, Uttaranchal, Himachal Pradesh, Rajasthan, Arunachal Pradesh, Maharashtra, Odisha, Jharkhand, Madhya Pradesh, Chhattisgarh etc. Internationally, the company is active in Lao PDR, Bhutan, Nepal, Cambodia and Nigeria.
As of September 13, 2024, the company had a total of 62 permanent employees.
The Company proposes to utilize the Net Proceed:
[Dilip Davda] The company is operating in a highly competitive and fragmented segment of advisory in hydropower segment and related services. It posted steady growth in its top and bottom lines for the reported periods. Based on its financial performance so far and the movement of market price, the issue appears fully priced. Well-informed investors may park moderate fund for long term. Read detail review...
DMR Hydroengineering Rights Issue 2024 got oversubscribed by 1.9 times by the end of the bidding period with total bid quantity received by BSE of 3,59,850 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Dec 03 2024 17:00:00 | 3,59,850 | 1.90x |
Dmr Hydroengineering & Infrastructures Ltd
473, Sector 30,
Faridabad,
121003
The DMR Hydroengineering Rights Issue 2024 opens on Thu, Nov 14, 2024, and closes on Tue, Dec 3, 2024.
DMR Hydroengineering Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Wed, Nov 13, 2024 |
| Last Date for renunciation of Rights Entitlements | Mon, Nov 25, 2024 |
| Issue Opening Date | Thu, Nov 14, 2024 |
| Issue Closing Date | Tue, Dec 3, 2024 |
| Date of Allotment (on or about) | Wed, Dec 11, 2024 |
| Date of Credit (on or about) | Mon, Dec 16, 2024 |
| Date of Listing (on or about) | Thu, Dec 19, 2024 |
You can apply for DMR Hydroengineering Rights Issue 2024 in two ways:
Steps to apply for DMR Hydroengineering Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for DMR Hydroengineering Rights Issue 2024 using Registrar's website (R-WAP)
