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Dinesh Engineers IPO IPO

Mainline28 Sep to 3 Oct, 201828 Sep to 3 Oct, 2018
Open
28 Sep to 3 Oct, 2018
Close
28 Sep to 3 Oct, 2018
3
Allotment
4
Listing
[.]
Price Band
₹183 to ₹185
Issue Size
1,00,00,000 shares (agg. up to ₹185 Cr)
Lot Size
80 Shares
Listing Date
[.]
✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets417.94198.042,139.72
Total Income302.78169.91122.50
Profit After Tax61.7022.0012.89
NET Worth107.9946.1528.98
Reserves and Surplus78.4945.9028.73
Total Borrowing26.129.6411.46
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Expansion of business by setting up of further OFC Network under IP-1 License156.45
2To fund expenditures towards general corporate purposes

About Dinesh Engineers IPO

Incorporated in 2006, Mumbai based Dinesh Engineers Limited is a company engaged in the business of providing passive communication infrastructure services mainly to the Telecom operators and internet service providers ("ISPs").The company has been licensed by the Department of Telecommunications (DoT) with the Infrastructure Provider (IP)-I License, which allows the company to establish and maintain wired networks, Duct space to grant on lease or sale on IRU basis to the licensees of Telecom operators, ISPs etc. The company has created its own optic fiber network of around 7500 km across the state of Rajasthan, Maharashtra, Goa, Gujarat, Karnataka, Andhra Pradesh, and Telangana. The wired network infrastructure solutions of the company are used by many Telecom Companies such as Airtel, BSNL, Idea, Reliance Jio, Vodafone, Tata Communication etc. Some of the prominent clients of the Company includes Bharti Airtel Ltd, Vodafone, Tata Communications Ltd., Idea Cellular, Atria, Hathway, Sify, Intech, D-vois SSV etc. It also has Mahanagar Gas Limited as its customer for gas pipeline work. The total revenue of the company for the fiscal years 2018, 2017 and 2016 are Rs 3027.78 million, R

Contact Details

Dinesh Engineers Ltd. AddressDEPL HouseNeighbourhood Shopping Complex Sector-4,Nerul Navi MumbaiMumbai, Maharashtra, 400706+ 91-022-27704600/4700admn@depl.co.inVisit Website