Dhruv Consultancy Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,036,000 (47%) | — | ₹1,099 Cr |
| Retail | — | 2,036,000 (47%) | — | ₹1,099 Cr |
| Market Maker | — | 224,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 4,296,000 (100%) | — | ₹23,198 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,236,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 3,046 | 1,515 | 974 |
| Profit After Tax | 308 | 132 | 79 |
| Total Assets | 3,050 | 1,793 | 1,250 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment/ prepayment of certain indebtedness. – 5.00
- 2 To Meet Working Capital requirements. – 11.40
- 3 General Corporate Expenses. – 4.81
Company Overview
Incorporated in 2003, Mumbai based Dhruv Consultancy Services Limited is engaged in the business of infrastructure consultancy providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering, and Ports.
The services of the company include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno-Legal Services.
Dhruv's clientele include Ministry of Road Transport and Highways, National Highways Authority of India, The City and Industrial Development Corporation of Maharashtra Ltd., Jawaharlal Nehru Port Trust, Maharashtra State Road Development Corporation, Mumbai Metropolitan Region Development Authority, Public Works Department, Maharashtra Tourism etc
As on December 31, 2017, the company had over 313 employees on its payroll.