Tuesday, September 18, 2018

Dinesh Engineers IPO Dates, Review, Price Band & Market Lot Details

Note: Dinesh Engineers withdraws IPO after weak response from the investors and due to weak market sentiments.

Dinesh Engineers Limited is coming up with an IPO. Dinesh Engineers incorporated in 2006 based in Mumbai. They provides passive communication infra services to telecom operators and ISP providers. They got licence from DoT with IP-I License as well. They can establish and maintain wired networks, duct space to sale or lease on IRU basis to the licensees of Telecom Operators and ISPs. They have network around 7500 km in states like Gujarat, Goa, Maharashtra, Rajasthan, Andhra and Telangana. They have bigger clients like Bharti Airtel, Idea, R.Com, Vodafone, Sify, Hathway, Tata Communication, Reliance Jio, BSNL, Intech and more. A good company to invest in for short term and long term.

Dinesh Engineers IPO Review:
  • Apply for Long Term
Dinesh Engineers IPO Dates & Price Band:
  • IPO Open: 28-September-2018
  • IPO Close: 03-October-2018
  • IPO Size: Approx Rs. 185 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs. 183 to 185 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 10,000,000 Shares
Dinesh Engineers IPO Market Lot:
  • Shares: Apply for 80 Shares (Minimum Lot Size)
  • Amount: Rs.14,800
Dinesh Engineers IPO Allotment & Listing:
  • Basis of Allotment: 09-October-2018
  • Refunds: 10-October-2018
  • Credit to demat accounts: 11-October-2018
  • Listing: 12-October-2018
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Dinesh Engineers Financial:
  Rs. in Crore
Revenue Expense PAT
2013 - - -
2014 - - -
2015 51.2 41.1 6.9
2016 122.5 102.8 12.9
2017 169.9 136.1 22.0
2018 302.8 207.5 61.8
Company Promoters:
  • Mr. Dinesh Kollaiah Kargal
  • Mrs. Shashikala Dinesh Kargal
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Dinesh Engineers IPO Registrar:
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: dineshengineers.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Note: Check Dinesh Engineers ipo allotment status on Linkintime website allotment url. Click Here

Dinesh Engineers IPO Lead Managers:
  • Hem Securities Limited
Company Address:
Dinesh Engineers Limited
DEPL House
Neighbourhood Shopping Complex Sector-4,
Nerul Navi Mumbai -400706
Phone: + 91-022-27704600/4700
Email: admn@depl.co.in
Website: http://www.depl.co.in/

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)