Dev Information Technology Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

31 Mar 2017

Close Date

06 Apr 2017

Allotment

12 Apr 2017

Listing Date

17 Apr 2017

Exchange

NSE SME

Price Band

₹42

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹42

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

14,88,000 shares (aggregating up to ₹6.25 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

40,32,500 shares

Promoters

Post-IPO Holding

55,20,500 shares

Promoters

P/E (Pre)

10x

UPI Deadline

2017-04-06

Mandate

Anchor AllotmentThu, 30 Mar 2017

Basis of AllotmentWed, 12 Apr 2017

Refund InitiationThu, 13 Apr 2017

Demat CreditThu, 13 Apr 2017

Listing DayMon, 17 Apr 2017

UPI Mandate Deadline2017-04-06

Sale TypeFresh Capital

Net Offer to Public13,92,000 shares (aggregating up to ₹5.85 Cr)

Market Maker Quota96,000 shares (aggregating up to ₹0.4032 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Dev Information Technology Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Apr 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	96,000	—	₹0.40
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,488,000	100%	₹6.25

IPO Shares Offered

Dev Information Technology Ltd IPO total issue size: ₹6.25 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	96,000	₹0.40	6.45%
Total	1,488,000	₹6.25	100.00%

* Based on upper price band ₹42 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹42.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹252,000
Retail (Max — 13 Lots)	13	39,000	₹1,638,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,764,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,568,000

* Issue Price ₹42 × Lot Size 3,000 shares

IPO Schedule

Anchor

30 Mar 2017

✓ Done

IPO Open

31 Mar 2017

✓ Done

IPO Close

06 Apr 2017

✓ Done

Allotment

12 Apr 2017

✓ Done

Refunds

13 Apr 2017

✓ Done

Demat Credit

13 Apr 2017

✓ Done

Listing Day

17 Apr 2017

✓ Done

₹42.00

INR · NSE

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Issue ₹42.00 Live Price

About Dev Information Technology Ltd

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 products; distributes digital signatures; and provides SSL certificates for HTTPS-based Web sites.

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Expenses

Dev Information Technology Ltd Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered14,88,000 (100.00%)

Net Offer to Public13,92,000 shares (aggregating up to ₹5.85 Cr)

Reserved for Market Maker96,000 shares (aggregating up to ₹0.4032 Cr)

Pre-Issue Promoter Holding40,32,500 shares

Post-Issue Promoter Holding55,20,500 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd

+91-22-4918 6270

ditl.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Hem Securities Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Dev Information Technology Ltd IPO subscribed? ▲

Dev Information Technology Ltd IPO is subscribed 1.00 times by Apr 06, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Dev Information Technology Ltd IPO retail subscription status? ▼

The Dev Information Technology Ltd IPO retail category is subscribed 1.00 times as of 06 Apr 2017. The retail portion is oversubscribed.

How to subscribe Dev Information Technology Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Mar 2017 and closes 06 Apr 2017. Min investment: ₹126,000 (1 lot = 3,000 shares). UPI mandate: 2017-04-06.

How many times Dev Information Technology Ltd IPO subscribed? ▼

The Dev Information Technology Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Dev Information Technology Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Apr 2017. Refunds: on 13 Apr 2017.

When Dev Information Technology Ltd IPO will be listed? ▼

The Dev Information Technology Ltd IPO listing date is 17 Apr 2017, Monday. Listed on: NSE SME. Issue price: ₹42. Estimated listing: ₹42. GMP: NIL.

When Dev Information Technology Ltd IPO close? ▼

The Dev Information Technology Ltd IPO closes on 06 Apr 2017, Thursday. UPI mandate: 2017-04-06. Allotment: 12 Apr 2017. Listing: 17 Apr 2017.

Quick Actions

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Live Price LIVE

Last Price₹42.00

Change—

Issue Price₹42.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹42

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹126,000

GMPNIL

Est. Listing₹42

Subscribed1.00x

Open Date31 Mar 2017

Close Date06 Apr 2017

Allotment12 Apr 2017

Listing Date17 Apr 2017

ExchangeNSE SME

UPI Deadline2017-04-06