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DC Infotech and Communication Limited IPO
NSE SMERs 1,35,000 / 3000 Equity Shares
DC Infotech and Communication Limited IPO Details
The DC Infotech and Communication Limited IPO price band is set between Rs 45/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Satellite Corporate Services Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 12 Dec, 2019 and closes on 18 Dec, 2019. Investors can check the allotment status on 24 Dec, 2019, while the listing date is tentatively scheduled for 27 Dec, 2019.
The total issue size is Fresh issue of 24,00,000 Equity Shares of Rs 10/- at a price of Rs 45/- per share aggregating to Rs 10.80 Cr, aggregating up to . Stay tuned for the latest DC Infotech and Communication Limited IPO review and GMP updates.
DC Infotech and Communication Limited IPO Review, Rating & Analysis
DC Infotech and Communication Limited IPO Review
NO REVIEWDC Infotech and Communication Limited IPO Rating
DC Infotech and Communication Limited IPO Highlights
IPO Date
Dec 12, 2019 - Dec 18, 2019
Listing Date
27 Dec, 2019
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 45/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
DC Infotech and Communication Limited IPO Lot Size
The minimum market lot for DC Infotech and Communication Limited IPO is 3000 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
DC Infotech and Communication Limited IPO Timeline
Issue Price
Rs 45/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
NSE SMERegistrar
Satellite Corporate Services Private LimitedLead Manager
Fedex Securities Private LimitedIssue Size
Fresh issue of 24,00,000 Equity Shares of Rs 10/- at a price of Rs 45/- per share aggregating to Rs 10.80 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Chetankumar Timbadia
- Mr. Devendra Sayani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
DC Infotech and Communication Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,37,000 | 11,37,000 | 22,74,000 |
Day 1 -12-12-19 | 4,05,000 0.36 x | 1,77,000 0.16 x | 5,82,000 0.26 x |
Day 2 -13-12-19 | 6,03,000 0.53 x | 2,82,000 0.25 x | 8,85,000 0.39 x |
Day 3 -16-12-19 | 6,15,000 0.54 x | 5,37,000 0.47 x | 11,52,000 0.51 x |
Day 4 -17-12-19 | 17,16,000 1.51 x | 9,75,000 0.86 x | 26,91,000 1.18 x |
Day 5 -18-12-19 | 17,52,000 1.54 x | 19,98,000 1.76 x | 37,50,000 1.65 x |
Frequently Asked Questions about DC Infotech and Communication Limited IPO IPO
When will DC Infotech and Communication Limited IPO open for subscription?
The DC Infotech and Communication Limited IPO opens on 12 Dec, 2019 and closes on 18 Dec, 2019.
What is the investors portion for DC Infotech and Communication Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1137000.
How to apply for DC Infotech and Communication Limited IPO?
You can apply for DC Infotech and Communication Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of DC Infotech and Communication Limited IPO?
The issue size of DC Infotech and Communication Limited IPO is approx ₹Fresh issue of 24,00,000 Equity Shares of Rs 10/- at a price of Rs 45/- per share aggregating to Rs 10.80 Cr crores.
What is the price band of DC Infotech and Communication Limited IPO?
The price band for DC Infotech and Communication Limited IPO is Rs 45/ to ₹ Per Equity Share.
What is the lot size of DC Infotech and Communication Limited IPO?
The minimum bid (lot size) for DC Infotech and Communication Limited IPO is 3000 shares with an investment of approx Rs 1,35,000 .
What is the allotment date of DC Infotech and Communication Limited IPO?
The allotment date for DC Infotech and Communication Limited IPO is 24 Dec, 2019.
What is the listing date of DC Infotech and Communication Limited IPO?
The listing date for DC Infotech and Communication Limited IPO is expected to be 27 Dec, 2019.
What is the GMP of DC Infotech and Communication Limited IPO?
The latest Grey Market Premium (GMP) for DC Infotech and Communication Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.