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 : cs@dcinfotech.com Website :www.dcinfotech.com

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 Opens On Closes On 12-Dec-19 18-Dec-19 Money Payable On Application Allotment 45.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 10.80 Fedex Securities Pvt Ltd Project Financed through Current Offer (.Cr) 10.80   Post Issue Equity Share Capital (.Cr) 6.00 Issue Price () 45.00

Projects

Meeting Incremental Working Capital Requirements General Corporate Purposes

Promoted By

Chetankumar Timbadia

Devendra Sayani

Listing At

NSE - SME

Registrar to the Issue

No Data Available