Dinesh Engineers LTD IPO

Dinesh Engineers IPO Cancelled and entire subscription will be refunded.

As on 03 Oct 2018
Kostak INR NIl,
Subject to INR NIL

Total Subscription:
on Day 2(on 01.10.2018)
QIB : 0.00 times
NII :  0.30 times
RII : 0.10 times
Total : 0.08 times

Company Detail
  • Dinesh Enginners LTD (DEPL) is the company started in 2006 providing passive communication infrastructure mainly to the Telecom operators and internet service providers (“ISPs”).
  • The compny has been working towards executing the fiber laying work for many Telecom Operators..
  • Dinesh Engineers Ltd. is registered with the Central Govt’s. Department of Telecommunications (DoT) as an IP-1 Category Infrastructure Provider. This licence authorizes the company to build, operate and manage wired networks, which can be used by the Telcos, ISPs.
  • Company’s wired network infrastructure solutions is used by telecom companies such as Airtel, BSNL, Reliance Jio, Vodafone, Idea, Tata Communications etc.
  • Since the company is registered as IP-1 Infrastructure Provider it has created its own optical fibre network of around 6,000 Kms, which runs across the states of Maharashtra, Goa, Telangana, Rajasthan and Karnataka.
Strengths of a company
  • The company has laid intra-state and  inter-state fibre networks of around 7,500 Kms.
Object of the Issue
  • Expansion of business by setting up of further OFC network under IP-1 license
Financial performance
Particulars For the year/period ended (in Rs. Millions)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4178.08 1980.90 1397.70 809.44 452.35
Total Revenue 3,027.78 1699.11 1225.02 511.55 239.50
Profit After Tax 619.32 219.82 128.98 69.49 30.47
The promoters :
  • Mr Kollaiah Jattaiah Kargal
  • Mrs. Shashikala Dinesh Kargal
IPO Timetable:
  • Opening date: 28 September 2018
  • Closing date : 03 October 2018
  • Issue Type: Book Built Issue IPO
  • Up to 10,000,000 Equity Shares, aggregating up to INR 185 crore
  • Face Value: INR 10 per share
  • Price Band: Per Equity Share: INR 183-185
  • Minimum Order Quantity: 80 shares
  • Minimum Application Amt for retail investor : INR 14800
  • Listing will at: BSE,NSE
Allotment and listing
  • Basis of Allotment: 09-October-2018
  • Refunds: 10-October-2018
  • Credit to demat accounts: 10-October-2018
  • Listing: not availabe

Lead Managers:
Hem Securities LTD
Registrar to the IPO:
Link Intime India Private Limited

Registrered Office of the Company :

DEPL House Neighbourhood Shopping Complex,
Sector-4, Nerul,
Navi Mumbai -400706,
Maharashtra, India.

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