DC Infotech IPO is all about to make its debut on 12 Dec 2019, with an issue size of 10.80CR. Founded in 1998, Mumbai headquartered DC Infotech Ltd is engaged in the resale and distribution industry of computers, and computer accessories.
The business has a broad distribution network and manages numerous brand strategies and a variety of products. DC Infotech sells IT goods such as networking, security, firewalls, desktop virtualization, broadband, surveillance, wireless, digital signage, power solutions, and others like cloud security, digital performance, network performance, and corporate security.
Industry Overview
India is a major player in the global IT industry, and the country’s IT sector has seen significant growth in recent years. The Indian government has also introduced various initiatives to promote the growth of the IT sector and attract foreign investment. This has led to the emergence of numerous IT companies, including DC Infotech and Communication Ltd, that provide high-quality and cost-effective IT solutions and services to clients worldwide.
DC Infotech and Communication Ltd operate in a highly competitive market, and the company’s success is dependent on factors such as its ability to provide innovative solutions, maintain high-quality standards, and adapt to changing market trends. The company has a team of experienced professionals with expertise in various IT domains, and it strives to deliver customized solutions that meet the unique requirements of its clients.
DC Infotech IPO Details
| IPO Date | Dec 12, 2019 to Dec 18, 2019 |
| Listing Date | Friday, December 27, 2019 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,400,000 shares of ₹10(aggregating up to ₹10.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| P/E (x) | 7.4 |
| Market Cap (₹ Cr.) | 27 |
Company Financials
| Particulars | For the year/period ended (Rs in Lakhs) | |||||
| 1-Apr-2019 to 30-June-19 | 19-Feb-2019 to 31-Mar-19 | 1-Apr-2018 to 18-Feb-2019 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 5,721.55 | 5,427.20 | 4391.03 | 4,784.13 | 3,626.92 | |
| Total Revenue | 3,648.56 | 1,523.49 | 9883.42 | 9,756.24 | 10,878.78 | |
| Profit After Tax | 90.52 | 81.71 | 52.21 | 130.12 | 90.41 |
Objects of the Issue
The company proposes to utilize the net proceeds from the issue towards the following objects:
1. Meeting incremental working capital requirements; and
2. General corporate purposes
DC Infotech IPO Prospectus
Company Contact Information
DC Infotech and Communication Ltd
Unit No. 2, Aristocrate, Ground Floor,
Lajya Compound,
Mogra Road, Andheri (East), Mumbai 400069
Phone: 022-28329000
Email: cs@dcinfotech.com
Website: http://www.dcinfotech.com/
DC Infotech IPO Registrar
Satellite Corporate Services Private Limited
Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: http://www.satellitecorporate.com
DC Infotech IPO Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
