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13 December 2018

IPO Synopsis

DRS Dilip Roadlines Ltd
Registered Office: 306 3rd Floor Kabra Complex,M G Road , Secunderabad - 500003 , Telangana , India.
Phone : 91-40-39818800/811/822   Fax:91-40-6620059
Email :  info@drsindia.in  
Website :  www.drsindia.in
Public issue of 42,00,000 equity shares of (Rs)10 each ("equity shares") of DRS Dilip Roadlines limited ("ddrl" or the "company") for cash at a price of 75 per share (the "issue price"), aggregating to (Rs)31.50 Crores("the issue"), of which 2,25,600 equity shares of (Rs)10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 39,74,400 equity shares of (Rs)10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.88% and 26.39%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10 and the issue price is 7.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Nov-18 30-Nov-18 (Rs)75.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 31.50
Aryaman Financial Services Ltd
Project Financed through Current Offer 31.50  
Post Issue Equity Share Capital 15.06  
Issue Price (Rs)75.00  
 
Projects
Repayment of Unsecured LoansPart Repayment of the Cash Credit facilities
Setting up Additional Warehouse in the State of TelanganaPart Repayment of the Team Loans
Acquiring Additional Branch for Expansion of BusinessGeneral Corporate Purposes
Promoted By
Dayanand Agarwal  
Anjani Kumar Agarwal  
Sanjay Agarwal  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS