Incorporated in 2009, DJ Mediaprint & Logistics Ltd. is a provider of integrated printing, logistics and courier solutions in India and overseas. The company provides bulk mailing, speed post, records management, manpower supply, return of post management, bulk scanning, moving services, newspaper print advertising services, and other related services.
The company can process over 40 to 50 lakh articles per month and caters to a wide customer base across various industry segments. It has a client base of 1000+ organizations including LIC, Indian Institute of Architects, Dish TV, Bank of India, among others. The company’s current infrastructure encompasses an assemblage of more than 30 types of machines for offset and digital printing as well as for other print-related jobs.
DJ Mediaprint & Logistics Ltd. currently has several offices spread across Mumbai, Navi Mumbai & Bhiwandi (Thane), one in Delhi and one in Goa.
Competitive Strengths:
- Organizational stability and management expertise
- Long-standing relationship with major customers
- Qualified and experienced management
- Effective supplier relationship
- ISO and CRISIL certifications
Company Promoters:
Mr. Dinesh Muddu Kotian and Mr. Santhosh Muddu Kotian are the company promoters.
Company Financials:
| Particulars | For the year/period ended (₹ in Millions) | |||
|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 248.91 | 213.81 | 158.72 | 126.10 |
| Total Revenue | 131.18 | 248.18 | 213.23 | 206.73 |
| Profit After Tax | 10.51 | 12.64 | 10.91 | 9.23 |
Objects of the Issue:
- To meet the working capital requirements of the company
- To meet the issue expenses
- General corporate purposes
Dj Mediaprint FPO Details
| IPO Opening Date | Jan 18, 2022 |
| IPO Closing Date | Jan 20, 2022 |
| Issue Type | Fixed Price Issue FPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹125 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,200,000 Eq Shares of ₹10 (aggregating up to ₹15.00 Cr) |
| Fresh Issue | 1,200,000 Eq Shares of ₹10 (aggregating up to ₹15.00 Cr) |
Dj Mediaprint FPO Tentative Timetable
The Dj Mediaprint FPO open date is Jan 18, 2022, and the close date is Jan 20, 2022. The issue may list on Jan 31, 2022.
| IPO Open Date | Jan 18, 2022 |
| IPO Close Date | Jan 20, 2022 |
| Basis of Allotment Date | Jan 25, 2022 |
| Initiation of Refunds | Jan 27, 2022 |
| Credit of Shares to Demat Account | Jan 28, 2022 |
| IPO Listing Date | Jan 31, 2022 |
Dj Mediaprint FPO Lot Size
The Dj Mediaprint FPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹125,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹125,000 |
| Maximum | 1 | 1000 | ₹125,000 |
Dj Mediaprint FPO Promoter Holding
| Pre Issue Share Holding | 71.11% |
| Post Issue Share Holding | 55.35% |
Dj Mediaprint FPO Review
After issuing shares at a P/E of around 8.5 through maiden IPO, it is now looking for a higher P/E of over 32 for this FPO with over 6 times higher pricing and over 8 times market cap valuations, making this issue a greedy offer. It is in a highly competitive field and fragmented segment bearing a risk of maintaining margins. We must keep the listing trends of many SME FPOs like MRSS, Meera Ind., that were greedily priced. Considering all these, there is no harm in skipping this pricy offer.
Company Contact Information
Dj Mediaprint & Logistics Limited
24, 1st Floor, Palkhiwala House,
Tara Manzil, 1st Dhobi Talao Lane,
Mumbai – 400 002, Maharashtra
Phone: 022 – 2788 9341
Email: cs@djcorp.in
Website: http://www.djcorp.in/
Dj Mediaprint FPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com