Important Update - The company has decided to withdraw the application made for IPO in BSE & NSE platform due to current volatility in the capital market. The entire application money will be refunded forthwith. Dtd- 03-Oct,2018
Dinesh Engineers is a passive communication infrastructure provider in India, focused on providing passive communication infrastructure services mainly to the Telecom operators and internet service providers (ISPs). The company was incorporated in 2006, and has been working towards executing the fiber laying work for many telecom operators. The company has been licensed by Department of Telecommunications (DoT) with the Infrastructure Provider (IP)-I License, under which it can establish and maintain wired networks, duct space for the purpose to grant on lease or sale on IRU basis to the licensees of Telecom operators, ISPs etc.
Since the receipt of the IP-I license, it has created its own optic fibre network of around 7500 kms which runs across the state of Rajasthan, Gujarat, Maharashtra, Goa, Karnataka, Andhra Pradesh and Telengana. Its wired network infrastructure solutions are used by several telecom companies such as Airtel, BSNL, Reliance Jio, Vodafone, Idea, Tata Communication etc.
Since the year 2011, it has laid fibre network of around 9500 Kms for the telecom operators under the Vendor projects which run across the states of Maharashtra, Gujarat, Uttar Pradesh, Bihar, Karnataka, Andhra Pradesh, Chhattisgarh, Goa and Rajasthan and are currently being used by companies like BSNL, Airtel, Vodafone, Idea Cellular, Reliance Jio, TTML, BSNL, Reliance Corporate IT Park and TCIL. Apart from the above, the company has Mahanagar Gas Limited in its client list for gas pipeline work.
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
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
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
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
