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Open
31 Mar to 6 Apr, 2017
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Close
31 Mar to 6 Apr, 2017
3
Allotment
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Listing
Mon, Apr 17, 2017
Price Band
₹42 per share
Issue Size
14,88,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Apr 17, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 76.08x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 29.47 | 30.82 | 26.78 | 37.51 |
| Total Income | 19.57 | 45.41 | 44.89 | 57.11 |
| Profit After Tax | 1.12 | 2.01 | 1.25 | 1.09 |
| NET Worth | 11.98 | 10.85 | 8.98 | 7.89 |
| Reserves and Surplus | 11.23 | 10.35 | 8.48 | 7.39 |
| Total Borrowing | 7.69 | 6.59 | 6.86 | 5.79 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Octaware Technologies Ltd. | SME | ₹8.60 Cr | ₹90 | 14 | ₹90.55 | +0.61% | ₹63.60 (+0.00%) |
| Airan Ltd. | SME | ₹14.85 Cr | ₹45 | null | ₹53.85 | +19.67% | ₹15.03 (+0.13%) |
| L&T Technology Services Ltd. | Mainboard | ₹894.40 Cr | ₹860 | null | ₹869.00 | +1.05% | ₹3,418.10 (+1.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 5.65 |
| 2 | General Corporate Expenses | 0.18 |
About Dev Information Technology IPO
Incorporated in 1997, Dev Information Technology Ltd engaged in the business of providing a range of Information Technology ("IT") solutions. They provides business process outsourcing, software development, and software trading services in India.The company offers enterprise resource planning and customer relationship management applications, application development solutions, and data analytics; and enterprise mobility services, such as mobile application development, solution testing, and device management services. They also provides network consulting, infrastructure audit, compliance, data center management, integrated business, technology and process solutions; hosted IT help desk staffing, hosted IT help desk and consulting, and unified communication and unified messaging services; application support services; IT security services comprising backup and recovery services; and IT Consulting services.Further addition, the company offers cloud computing services, including cloud advisory, cloud implementation, cloud migration, and infrastructure as a service solutions; and digital commerce, digital marketing, and document digitization services. Further, it licenses software pr
Contact Details
Dev Information Technology Ltd. Address14, Aaryans Corporate ParkNr.Shilaj Railway CrossingThaltejAhmedabad, Gujarat, 380059+91-79-26304241cs@devitpl.comVisit Website