DC Infotech & Communication Ltd
Registered Office:
UnitNo 2 Aristocrate Ground Fr,Lajya Compound Mogra Road,
Mumbai
-
400069,
Phone : 91-22-28329000
Fax : NA
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.
Opens On
Closes On
Application
Allotment
12-Dec-19
18-Dec-19
45.00-0.00
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
Meeting Incremental Working Capital Requirements
General Corporate Purposes
Chetankumar Timbadia
Devendra Sayani