Dinesh Engineers Limited IPO Biding Information

IPO Listing from India Stock Market

IPO Details

 IPO - Latest IPOs in Indian Stock Market

Dinesh Engineers Limited

Dinesh Engineers IPO overview - 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 Limited IPO Brief
Issue Opens 28 Sep 18 Price Band : 183 - ₹185
Issue Closes 03 Oct 18 Bid Lot 80 Shares
Listing At BSE, NSE

Number of Times Issue is Subscribed (BSE + NSE)

Category No.of Shares Offered/reserved at No.of shares bid for No.of Times Subscribed
Qualified Institutional Buyers(QIBs)* 10000000 0 0
Non Institutional Investors 3000000 642800 0.4283
Retail Individual Investors(RIIs) 7000000 1008800 0.2905
Total

Total No.of Application Approx : ~

Retail Subscription on the basis of Apps :

Issue Terms

Issue price / Floor Price (Rs) 183-185
Application per share (Rs) 185
Minimum bid (no of shares) 80
Maximum Shares for Retail 80

Issue Date and Sizes

Issue opens 28 Sep 18
Issue closes 03 Oct 18
Listing on 08 Oct 18
Issue size (Rs cr) 185

FAQs

  • When is Dinesh Engineers Limited IPO coming?

    The Dinesh Engineers Limited IPO opens on 28 Sep 18 and closes on 03 Oct 18.

  • What is Dinesh Engineers Limited IPO timetable?

    Dinesh Engineers Limited IPO tentative timelines are as below.

    • Public Issue Open: 28 Sep 2018
    • Public Issue Close: 03 Oct 2018
  • What is Dinesh Engineers Limited IPO closing time?

    Dinesh Engineers Limited IPO will close for subscription at Oct 03, 2018 12:00:00 AM.

-

News Updates

-

Basis of Allotment

-