DMR Hydroengineering & Infrastructure was incorporated on December 15, 2009. The company is engaged in the business of providing engineering consultancy and due diligence services to hydropower, dams, roads and railway tunnels.
| Bidding Dates |
|---|
| 24 Nov 2021 - 29 Nov 2021 |
| Subscription |
|---|
| 11.43x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,26,000 | 1 | 1 | 6000 | 996.0 K | ₹21 | 73.27 % | ₹20.9 M | RHP DOC |
DMR Hydroengineering IPO SUBSCRIPTION STATUS
29 Nov '21DMR Hydroengineering IPO overall subscription rate was 11.43 times the total available shares
DMR Hydroengineering IPO retail subscription rate was 14.29 times in the retail segment
DMR Hydroengineering IPO non-institutional investor subscription rate was 8.53 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
29 Nov 2021 (Day 5) | 14.29x | 8.53x | - |
25 Nov 2021 (Day 2) | 4.24x | 2.15x | - |
26 Nov 2021 (Day 3) | 6.51x | 2.21x | - |
27 Nov 2021 (Day 4) | 6.51x | 2.21x | - |
24 Nov 2021 (Day 1) | 2.18x | 1.78x | - |
DMR Hydroengineering FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 3MFY22 | 2.0 | 6.9 | 2.1 | 2.1 |
| FY21 | 6.1 | 24.1 | 4.1 | 3.2 |
| FY20 | 5.2 | 24.0 | -1.0 | -1.9 |
| FY19 | 3.0 | 15.8 | 5.2 | 4.4 |
DMR Hydroengineering IPO SUBSCRIPTION STATUS DETAILS
DMR Hydroengineering had 996.0 K shares on offer
DMR Hydroengineering IPO offer price was ₹21
DMR Hydroengineering IPO minimum Investment was ₹126000
DMR Hydroengineering IPO issue size was ₹ 20.9 M
DMR Hydroengineering had a minimum lot size of 6000 Shares per application
DMR Hydroengineering NUMBER OF SHARES ON OFFER
DMR Hydroengineering IPO IMPORTANT DATES
| Issue Open Date | 24 Nov 2021 |
| Issue close Date | 29 Nov 2021 |
| Allotment Date | 02 Dec 2021 |
| Refund Date | 03 Dec 2021 |
| Demat Account Credit Date | 24 Nov 2021 |
| Listing Date | 07 Dec 2021 |
| Listing on Exchange(s) | BSE |
| DMR Hydroengineering Allotment Status | Exchange |
DMR Hydroengineering IPO subscription opened on 24 Nov 2021, and closed on 29 Nov 2021
IPO allotment for DMR Hydroengineering was finalized on Thursday, 02 Dec 2021
IPO listing for DMR Hydroengineering was on BSE on Tuesday, 07 Dec 2021
DMR Hydroengineering IPO LISTING GAINS
| Issue Price (adjusted) | 8.1 |
| Listing Open Price | 25.0 |
| Listing Close Price | 26.3 |
| Listing Gain% | 19.1% |
| Current Gain% | 230.6% |
DMR Hydroengineering Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DMR Engineering Ltd. | 26.7 | 10 | 19.8 | -0.3 | 0.8 | 10.4 | 8.6 | 12.9 | 8.6 | 1.4 | -23.9 | 1.3 | -72.7 |
| Central Mine Planning & Design Institute Ltd. | 250.1 | 17860 | 26.8 | 18.8 | 2397.4 | 10.1 | 613.2 | -8.1 | |||||
| Engineers India Ltd. | 240.6 | 13522.7 | 19.6 | 1 | 3.4 | 22 | 11.8 | 4123.2 | 27 | 691.6 | 19.3 | 12.3 | 19.3 |
| Qualitek Labs Ltd. | 450 | 449.1 | 30.8 | 9.6 | 5.4 | 125 | 76.8 | 14.6 | 131.7 | 14.6 | |||
| Monarch Surveyors and Engineering Consultants Ltd. | 231 | 327 | 8.8 | 16.1 | 13.8 | 176.8 | 13.6 | 37.2 | 6.9 | 26.3 | |||
| Likhami Consulting Ltd. | 299 | 297.5 | 934.7 | 96.6 | 374 | 0.7 | 0.7 | 0.8 | 15.9 | 0.2 | 6.4 | 0.3 | 9.7 |
DMR Hydroengineering INFORMATION ON IPO ISSUE
About DMR Hydroengineering
DMR Hydroengineering & Infrastructure was incorporated on December 15, 2009. The company is engaged in the business of providing engineering consultancy and due diligence services to hydropower, dams, roads and railway tunnels.
Object of the Issue
- Funding working capital requirements
- General corporate purposes
DMR Hydroengineering - PROMOTERS
| Name |
|---|
| Subhash Chander Mittal |
| Neelam Mittal |
DMR Hydroengineering Lead Manager
Sherni Shares Private Limited
shrenishares@gmail.com
DMR Hydroengineering Registrar to the Offer
Skyline Financial Services Private Limited
compliances@skylinerta.com
DMR Hydroengineering Strengths
Geographical presence
The company deals in the Business to Business (B2B) category and caters to both domestic and international markets. Domestically, it has a presence across 11 states and internationally, it has executed assignments in around 5 countries
Wide service portfolio
The company is engaged in the business of providing engineering consultancy and due diligence services to hydropower, dams, roads and railway tunnels
Experienced team
The company has an experienced management team with significant experience in the engineering industry
Quality certifications
The company is accredited with various certificates such as ISO 9001: 2015, ISO 14001: 2015 and ISO 45001: 2018 for providing consultancy services for hydro-engineering and the infrastructure sector
DMR Hydroengineering Risks
Outstanding legal proceedings
There are outstanding legal proceedings involving the company and director and promoter
Dependent on infrastructure industry
The business is dependent on the performance of infrastructure and other related industries and any uncertainty regarding the infrastructure sector, economic conditions and other factors could adversely affect demand
Negative cash flows
The company has had negative cash flows in the past year
IPO FAQs
DMR Hydroengineering & Infrastructure Ltd. IPO listing opened at Rs 25.00 while the issue price was Rs 21.00 giving 19.05% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 8.08 giving 230.57% gains since its IPO listing.
This IPO consists of an offer for sale of up to Rs 0.4 crore, of 198,000 shares. It also consists of a fresh issue of Rs 1.7 crore.
The promoters of the company are Subhash Chander Mittal and Neelam Mittal.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 21.0 - 21.0.
The IPO application opens on Nov 24, 2021 and closes on Nov 29, 2021.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 126,000.0, the maximum value for this IPO is Rs 126,000.0.
This IPO will be allotted on Dec 02, 2021.
The refund will be credited to your account on Dec 03, 2021.
The allotted shares will be credited to your demat on Nov 24, 2021.
DMR Hydroengineering & Infrastructure Ltd.’s shares listed on the stock exchanges on Dec 07, 2021.