Diggi Multitrade Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,230,000 (47%) | — | ₹160 Cr |
| Retail | — | 1,230,000 (47%) | — | ₹160 Cr |
| Market Maker | — | 140,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 2,600,000 (100%) | — | ₹3,380 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 | 10,000 | ₹130,000 |
| Retail (Max) | 13 | 130,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,710,000 |
Financial Statements Amount in ₹ Crores
| Metric | 30-sep-2017 | 31-Mar-2017 | 31-mar-2016 |
|---|---|---|---|
| Revenue | 2 | 2 | 1 |
| Profit After Tax | 0 | 0 | 0 |
| Net Worth | 7 | 7 | 7 |
| Total Assets | 8 | 8 | 7 |
| Reserves & Surplus | 0 | 0 | 0 |
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
- Incremental Working Capital Requirement – 3.57
- Issue Expenses* – 0.30
Company Overview
Incorporated in 2014, Diggi Multitrade Limited is engaged trading in real estate and related activities comprising flats and land. They intrading in real estate by way of acquiring interests in various real estate projects such as flats and land where they purchase the flat from the builders and is sold to a third party at a price higher than the price originally paid by them to the builder.
They are also trades in fabrics and construction materials. They involved with dealing in construction material which they procure at the prevailing market prices and sell the same at a profit margin in the range of 5% to 10%.
Company's business activities are concentrated in certain areas of Mumbai suburbs such as Mira Road and Naigaon. They are in process of establishing their presence in other areas of Mumbai suburbs.