DMR IPO is all set to make its debut on 24th Nov 21 with 2.09 Cr is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway tunnels.
DMR IPO – overview
| IPO Dates | 24-29 Nov 2021 |
| IPO Price | INR 21 per share |
| Fresh issue | 798,000 shares (INR 1.68 crore) |
| Offer For Sale | Nil |
| Total IPO size | 996,000 shares (INR 2.09 crore) |
| Minimum bid (lot size) | 6000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
DMR IPO – Tentative Dates
| IPO Offer Opening Date | 24 Nov 2021 |
| IPO Closing Date | 29 Nov 2021 |
| Finalization of Basis of Allotment | 2 Dec 2021 |
| Initiation of refunds | 3 Dec 2021 |
| Transfer of shares to demat accounts | 3 Dec 2021 |
| IPO Listing Date | 7 Dec 2021 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
DMR is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway tunnels. The services offered by the company include the entire life cycle of projects covering design & engineering, due diligence & regulatory, bid management & construction engineering, and quality & inspection. Other serving sectors of the company are renewables, water resources, mining, and urban infrastructure.
The company has a presence across 11 states in India. Internationally the company provides services to over 5 countries including Nepal, Nigeria, Dubai, Germany, and Senegal.
Industry Overview
The global engineering services outsourcing market size was valued at USD 1.06 trillion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 22.9% from 2021 to 2028. The increasing collaboration between Engineering Service Providers (ESPs) and Original Equipment Manufacturers (OEMs) is expected to emerge as one of the primary factors contributing to the growth in the adoption of engineering services outsourcing (ESO). The globalization of R&D activities, the rising demand for integrating the latest technologies in product offerings, and the growing need to shorten product lifecycles and cut costs are also expected to contribute to the growth of the market. The ESO market has been evolving continuously in line with the strong emphasis of the clients on outsourcing various services as part of the efforts to cut costs.
Competitive Strengths:
- Presence in both domestic and international markets
- A wide offering of engineering consultancy and due diligence services
- Experienced management and dedicated employee base
- Catering to diversified sectors
- Accredited with various quality certificates
Objectives of the issue
- Funding working capital requirements; and
- General corporate purposes
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 33.76 | 29.74 | 23.65 |
| Total Revenue | 24.44 | 24.48 | 16.09 |
| Profit After Tax | 6.05 | 5.15 | 3.02 |
Company Contact Information
DMR Hydroengineering & Infrastructures Limited
H. No.- 473, sector-30,
Faridabad 121 003,
Haryana
Phone: +91 1294360445
Email: investors@dmrengineering.net
Website: https://www.dmrengineering.net/
Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
