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
Company Promoters:
Subhash Chander Mittal & Neelam Mittal are the company promoters.
Company Financials:
| Particulars | For the year/period ended (₹ in Millions) | |||
|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 33.80 | 33.76 | 29.74 | 23.65 |
| Total Revenue | 6.91 | 24.44 | 24.48 | 16.09 |
| Profit After Tax | 2.03 | 6.05 | 5.15 | 3.02 |
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 Account | Dec 3, 2021 |
| 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% |
DMR SME IPO Subscription Status (Bidding Detail)
The DMR SME IPO is subscribed 4.37 times on 11/27/2021 9:45:00 AM. The public issue subscribed 6.51 in the retail category, in the QIB category, and 2.21 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.21 |
| Retail | 6.51 |
| Total | 4.37 |
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 Reviews / Ratings
DMR SME IPO Lead Manager(s)
Lead Manager Reports