DMR Hydroengineering & Infrastructures Limited IPO Review

 

DMR Hydroengineering & Infrastructures Limited IPO (DMR SME IPO) Detail

DMR is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway

tunnels. The services offered by the company include the entire life cycle of projects covering design & engineering, due diligence & regulatory, bid management & construction engineering, and quality & inspection. Other serving sectors of the company are renewables, water resources, mining, and urban infrastructure.

The company has a presence across 11 states in India. Internationally the company provides services to over 5 countries including Nepal, Nigeria, Dubai, Germany, and Senegal.

Competitive Strengths:

• Presence in both domestic and international markets

• A wide offering of engineering consultancy and due diligence services

• Experienced management and dedicated employee base

• Catering to diversified sectors

• Accredited with various quality certificates

Objects of the Issue:

The net proceed from the IPO will be utilized towards the following purposes;

Funding working capital requirements; and

General corporate purposes

DMR SME IPO Details

IPO Opening Date            Nov 24, 2021

IPO Closing Date             Nov 29, 2021

Issue Type                        Fixed Price Issue IPO

Face Value                         ₹10 per equity share

IPO Price                            ₹21 per equity share

Market Lot                          6000 Shares

Min Order Quantity            6000 Shares

Listing At                             BSE SME

Issue Size                996,000 Eq Shares of ₹10

                              (aggregating up to ₹2.09 Cr)

Fresh Issue             798,000 Eq Shares of ₹10

                              (aggregating up to ₹1.68 Cr)

Offer for Sale           198,000 Eq Shares of ₹10

                              (aggregating up to ₹0.42 Cr)

DMR SME IPO Tentative Timetable

The DMR SME IPO open date is Nov 24, 2021, and the close date is Nov 29, 2021. The issue may list on Dec 7, 2021.

IPO Open Date                       Nov 24, 2021

IPO Close Date                       Nov 29, 2021

Basis of Allotment Date        Dec 2, 2021

Initiation of Refunds               Dec 3, 2021

Credit of Shares to Demat      Dec 3, 2021

Account 

IPO Listing Date                      Dec 7, 2021

DMR SME IPO Lot Size

The DMR SME IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹126,000).

Application Lots Shares Amount (Cut-off)

Minimum 1 6000 ₹126,000

Maximum 1 6000 ₹126,000

DMR SME IPO Promoter Holding

Pre Issue Share Holding 98.97%

Post Issue Share Holding 72.46%

Company contact information

DMR Hydroengineering & Infrastructures Limited
H. No.- 473, sector-30,
Faridabad 121 003,
Haryana
Phone: +91 1294360445
Email: investors@dmrengineering.net
Website: https://www.dmrengineering.net/

DMR SME IPO Registrar

Skyline Financial Services Private Ltd

Phone: +91 - 11 - 2681

Email: compliances@skylinerta.com

Website: http://www.skylinerta.com

DMR SME IPO FAQs

What is DMR SME IPO?

DMR SME IPO is a SME IPO of 996,000 equity shares of the face value of ₹10 aggregating up to ₹2.09 Crores. The issue is priced at ₹21 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Nov 24, 2021, and closes on Nov 29, 2021.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply for DMR SME IPO?

You can apply in DMR SME 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.

When is DMR SME IPO listing date?

The DMR SME IPO listing date is not yet announced. The tentative date of DMR SME IPO listing is Dec 7, 2021.

When DMR SME IPO allotment?

The finalization of Basis of Allotment for DMR SME IPO will be done on Dec 2, 2021, and the allotted shares will be credited to your demat account by Dec 3, 2021. Check the DMR SME IPO allotment status. 

How to apply in DMR SME IPO through Zerodha?

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

Steps to apply in DMR SME IPO through Zerodha

Visit the Zerodha website and login to Console.

Go to Portfolio and click the IPOs link.

Go to the 'DMR SME IPO' row and click the 'Bid' button.

Enter your UPI ID, Quantity, and Price.

‘Submit’ IPO application form.

Visit the UPI App (net banking or BHIM) to approve the mandate.our demat account by Dec 3, 2021. Check the DMR SME IPO allotment status.