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14 August 2020

IPO Synopsis

DC Infotech & Communication Ltd
Registered Office: UnitNo 2 Aristocrate Ground Fr,Lajya Compound Mogra Road , Mumbai - 400069 , Maharashtra , India.
Phone : 91-22-28329000   Fax:
Email :  
Website :
Initial Public Issue of 24,00,000 equity shares of face value of (Rs)10 each ("equity shares") of DC Infotech and Communication Limited ("the company" or the "issuer") for cash at a price of (Rs)45 per equity share (the "issue price"), (including a premuim of (Rs)35 per equity share), aggregating (Rs)10.80 Crores ("the issue"), of which 1,26,000 equity shares of face value of (Rs)10 for cash at a price of (Rs)45 each aggregating (Rs)0.57 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 22,74,000 equity shares of face value of (Rs)10.00 each for cash at a price of (Rs)45 per equity share, aggregating to (Rs)10.23 Crores is hereinafter referred to as the "net issue". The issue and the net issue will Constitute 40.00 % and 37.90 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10.00 each and the issue price is 4.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Dec-19 18-Dec-19 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 10.80
Fedex Securities Pvt Ltd
Project Financed through Current Offer 10.80  
Post Issue Equity Share Capital 6.00  
Issue Price (Rs)45.00  
Meeting Incremental Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Chetankumar Timbadia  
Devendra Sayani  
Listing At
Registrar to the Issue
Satellite Corporate Ser. P Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501