DRS Dilip Roadlines IPO is all about to make its debut on 28 Dec 2018, with an issue size of 31.50CR. The company operates under the brand ‘Agarwal Packers and Movers’ for its packing and moving services. It is a well-known brand in home relocation across the country. DRS Dilip Roadlines Limited, situated in Hyderabad, was founded in 2009. It provides logistics services. It includes transportation, packing, moving services, and warehousing.
DRS is a company that transports products. It runs and owns a fleet of 301 trucks under the Company’s name, has 199 vehicles from the group, and has the ability to rent 450 vehicles.
INDUSTRY OVERVIEW
The higher momentum of 2017 will likely continue in 2018 and 2019, with global growth revised to 3.9 percent in both years. (0.2 percentage points higher relative to the fall forecasts). The increased adjustments to the global prognosis for the next two years are mostly due to advanced economies, where growth is now predicted to surpass 2% in 2018 and 2019. This projection reflects the view that favorable global financial conditions and high optimism would help sustain the recent acceleration in demand, particularly in investment, with a noteworthy influence on growth in export-heavy economies.
Agarwal Packers and Movers IPO Details
| IPO Date | Nov 27, 2018 to Nov 30, 2018 |
| Listing Date | Dec 10, 2018 |
| Face Value | ₹10 per share |
| Price | ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,200,000 shares(aggregating up to ₹31.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 8,299.32 | 7,814.93 | 5,299.06 | 4,986.01 | 4,498.53 | |
| Total Revenue | 14,261.71 | 14,190.82 | 15,308.40 | 14,634.30 | 13,249.54 | |
| Profit After Tax | 345.39 | 108.18 | 50.00 | 44.10 | (41.16) |
Objects of the Issue
The objects of the Issue are-
1. Repayment of Unsecured Loans;
2. Setting up Additional Warehouse and Acquiring Additional Branches for Expansion of business
3. Part repayment of Cash Credit and Term Loans
4. General Corporate Purposes
Agarwal Packers and Movers IPO Prospectus
Company Contact Information
DRS Dilip Roadlines Limited
306, 3rd Floor,
Kabra Complex, 61, M G Road,
Secunderabad, Telangana – 500003
Phone: +91- 40- 39818800
Email: info@drsindia.in
Website: http://www.drsindia.in/
Agarwal Packers and Movers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Agarwal Packers and Movers IPO Lead Manager(s)
- Aryaman Financial Services limited (Past IPO Performance)
