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Arihant Institute IPO: GMP, Price, Dates, Issue Size 

Arihant Institute IPO is set to make its debut on 23rd May 18 with 7.5 Cr is a company engaged in providing coaching & educational guidance for students appearing for professional courses – Chartered Accountant, Company Secretary, and CMA.   

Arihant Institute IPO – overview 

IPO Dates  23-28 May 18 
IPO Price  INR 30 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,500,00 shares (INR 7.5 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in the year 2007, Gujarat based Arihant Institute Limited is a company engaged in providing coaching & educational guidance for students appearing for professional courses – Chartered Accountant, Company Secretary, and CMA. It provides coaching and guidance from Entry level test exam till final exam and covers all the subjects in depth with test series to improve their confidence and overall result. 

The Company operates the educational program and coaching under the Brand Name Arihant Institute since inception. With dedicated professors and trained staff, it has given education to more than 10000 students who appeared for professional & Graduates exam. The company’s student strength has improved and with dedicated efforts of the promoters, from the institute, there were 205 National Rankers in CA Inters and Final Courses, 2000+ Chartered Accountant and 175+ Company Secretary. 

Arihant premises spread over 9,500 sq. feet, which include 8 air-conditioned classrooms, a well-equipped library, canteen, staff room, 2 studios, backup lab, conference room and large administrative blocks. The company has 23 employees on its payroll. 

Objects of the Issue 

1. Training Centre Expansion 
2.Technical Infrastructure -Servers & Studio, Portal and Content Development 
4.Branding and Marketing 
5.Corporate Office Restructuring 
6.General corporate purpose 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          586.93 575.03 729.55 
Total Revenue          169.20 864.20 385.50 
Profit After Tax          112.74 (14.45) 3.79 

Company Contact Information 

Arihant Institute Limited 
2, Navinpark Society 
Sardar Patel Colony Road 
Naranpura, Ahmedabad – 380 013 
Phone: 079- 27683113 
Email: cs@arihantinstitute.com 
Website: http://www.arihantinstitute.com 

Arihant Institute IPO Registrar 

Kfin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

Arihant Institute IPO Lead Manager(s) 

  1. Monarch Networth Capital Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Palm Jewels IPO: GMP, Price, Dates, Issue Size 

Palm Jewels IPO is set to make its debut on 25th March 18 with 8.90 Cr s a company engaged in the wholesale business of gold jewelry. 

Palm Jewels IPO – overview 

IPO Dates  25 March – 4 June 18 
IPO Price  INR 30 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,968,000   shares (INR 8.90 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 

Palm Jewels IPO – Tentative Dates           

IPO Offer Opening Date  25 May2018 
IPO Closing Date  4 June 2018 
Finalization of Basis of Allotment  6 June 2018 
Initiation of refunds  7 June 2018 
Transfer of shares to demat accounts  7 June 2018 
IPO Listing Date  11 June 2018 

Company Overview    

 
Incorporated in 2005, Gujarat based Palm Jewels Limited is a company engaged in the wholesale business of gold jewelry. The company sells gold-based chains, bracelets, and necklaces. It outsources the manufacturing of jewelry through job workers based in Ahmedabad and Mumbai. The major raw material used for making the products is gold & silver. Gold bars and other necessary material are provided to the job workers who are based either in Ahmedabad or Mumbai. 

The finished jewelry is sold by the company’s marketing and sales team directly to other jewelry stores. The jewelry is widely sold throughout Gujarat only through B2B marketing and/ or Direct/Outbound marketing strategy. Some of the major customers include M/s. Zaverat, Mehta Ornaments Private Limited, Shah Chinubhai Ramniklal Co., and Shubhlaxmi Jewellers, etc. 

Palm Jewels currently has 11 employees on its payroll. 

Objects of the Issue 

1. To meet the working capital requirement; and 
2. To meet the expenses of the Issue 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          163.08 36.62 35.93 
Total Revenue          552.38 157.48 97.91 
Profit After Tax          1.54 0.53 (0.35) 

Company Contact Information 

Palm Jewels Limited 
G.F-37, Super Mall 
Nr. Diamond, C. O. Hou. Soc. Ltd, Nr. Lal Bunglow 
C. G. Road, Ahmedabad – 380001, Gujarat, India 
Phone: +91 79 40052056 
Email: compliance.pjl@gmail.com 
Website: http://www.palmjewels.com/ 

Palm Jewels IPO Registrar 

Kfin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

Palm Jewels IPO Lead Manager(s) 

  1. First Overseas Capital Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Avon Moldplast IPO: GMP, Price, Dates, Issue Size 

Avon Moldplast IPO is set to make its debut on 12 July 18 with 4.51 Cr is a company engaged in manufacturing of quality plastic molded furniture. 

Avon Moldplast IPO – overview 

IPO Dates  12-18 July 18 
IPO Price  INR 51 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  884,000 shares (INR 4.51 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 1996, Uttar Pradesh based Avon Moldplast Limited is a company engaged in manufacturing of quality plastic molded furniture under the brand name of “AVON”. 

The Company’s Product Portfolio includes Molded Chairs, Molded Stools, Molded Tables, Molded Baby Chairs and Baby Desks. It has a fully functional manufacturing facility located Ghaziabad, Uttar Pradesh. 

The products manufactured by the company are supplied to its distributor network spread PAN India, from where it is sold into the retail market. It has a long-standing and established network of more than 100 distributors, who further have a well-established retail network which roughly works out to 10,000 direct selling agents. 

Objects of the Issue 

1.To acquire additional molds of chairs, cupboards, tables etc., at the existing manufacturing facilities of our Company 
2. To meet the incremental working capital requirements 
3. General Corporate Purpose. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          120,301,979 101,884,836 80,429,705 
Total Revenue          189,244,030 138,506,251 99,979,236 
Profit After Tax          6,932,735 996,751 555,158 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Avon Moldplast Limited 
A-7/36-39, South of G. T. Road Industrial Area, 
Electrosteel Casting Compound 
Ghaziabad 201009, 
Phone: +91-120-4376091 
Email: cs@avonmpl.com 
Website: http://www.avonmpl.com/ 

Avon Moldplast IPO Registrar 

Mas Services Limited 
 
Phone: (011) 2610 4142 
Email: info@masserv.com 
Website: http://www.masserv.com 

Avon Moldplast IPO Lead Manager(s) 

  1. Turnaround Corporate Advisors Private Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Saketh Exim IPO: GMP, Price, Dates, Issue Size 

Saketh Exim IPO is set to make its debut on 1th Aug 18 with 9.44 Cr a company engaged in the business of manufacturing and fabricating of a wide range of steel products.

Saketh Exim IPO – overview 

IPO Dates  1-3 Aug 18 
IPO Price  INR 69 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,368,000 shares (INR 9.44 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Saketh Exim IPO – Tentative Dates           

IPO Offer Opening Date  1 Aug 2018 
IPO Closing Date  3 Aug 2018 
Finalization of Basis of Allotment  8 Aug 2018 
Initiation of refunds  9 Aug 2018 
Transfer of shares to demat accounts  10 Aug 2018 
IPO Listing Date  13 Aug 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2010, Mumbai based Saketh Exim Limited is a company engaged in the business of manufacturing and fabricating of a wide range of steel products used in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipment for Industrial, Commercial, Utility and OEM Installations. 

The company manufactures engineering products, metal and base metal products like bolts, clamps, G. I. nuts and hangers etc. Its product portfolio also includes all types of bathroom accessories, bathroom pipes, fittings and sanitary wares. 

The Company is also engaged in trading textile products like fancy shirting and finish fabrics. 

Saketh Exim has 3 manufacturing units located at Vasai. 

Objects of the Issue 

  • The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder. 
  • The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder. 
  • The objects of the Fresh Issue are to raise funds Funding Long-Term Working Capital Requirements and Funding Expenditure for General Corporate Purposes 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          3,717.27 2,445.78 1,562.01 
Total Revenue          6,199.76 5,140.47 4,672.11 
Profit After Tax          107.12 95.55 77.02 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Saketh Exim Limited 
Plot No- PAP D-146/147 
TTC MIDC, Turbhe, 
Navi Mumbai – 400705 
Phone: +91 22 2762 0641/42/43 
Email: info@sakethexim.com 
Website: http://www.sakethexim.com 

Saketh Exim IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: https://www.bigshareonline.com/ 

Saketh Exim IPO Lead Manager(s) 

  1. Aryaman Financial Services Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Indo US Bio-Tech IPO: GMP, Price, Dates, Issue Size 

Indo US Bio-Tech IPO is set to make its debut on 30th  April 18 with 7.29 Cr is engaged in the business of breeding products, processing and marketing of high performing open-pollinated

Indo US Bio-Tech IPO – overview 

IPO Dates  30 April -3 May 18 
IPO Price  INR 51 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,430,000 shares (INR 7.29 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    


Incorporated in 2004, Gujarat based Indo US Bio-Tech Limited is engaged in the business of breeding products, processing and marketing of high performing open-pollinated and hybrid agricultural seed varieties & (seed testing, soil & water testing ). The company has its own laboratory for seed testing at Junagadh.

The company started In-House Research and Development (R&D) unit at Modasa, District – Sabarkantha (Gujarat) for research activities to produce better and different varieties of seeds. On September 23, 2011, it got the recognition up to March 31, 2014, for In-House R&D from Government of India, Ministry of Science and Technology, Department of Scientific and Industrial Research Technology Bhavan, New Delhi (DSIR).

In the initial stage, the company was engaged in producing different varieties of oilseeds and pulses seeds, later on, it also added vegetable, spices and cereals seeds to its basket. In the year 2014, it shifted its R&D unit Gandhinagar to carry on its research activities.

As on January 31, 2018, Indo US Bio-Tech has 45 Employees in various departments.

Objects of the Issue 

1. To meet the working capital requirement, and 
2. To meet the expenses of the Issue 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,293.66 1,368.76 767.52 
Total Revenue          2,457.79 1,914.53 1,966.07 
Profit After Tax          64.99 35.99 49.59 

Company Contact Information 

Indo US Bio-Tech Limited 
309, Shanti Mall, 
Satadhar Char Rasta, Opp. Navrang Tower, 
Sola Road, Ahmedabad – 380 061 
Phone: +91 – 79 – 2749 1807 
Email: compliance@indousagriseeds.com 
Website: http://www.indousagriseeds.com 

Indo US BioTech IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: https://www.bigshareonline.com/ 

Indo US BioTech IPO Lead Manager(s) 

  1. Swastika Investmart Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Vera Synthetic IPO: GMP, Price, Dates, Issue Size 

Vera Synthetic IPO is set to make its debut on 28 March 18 with 5.38 cr is engaged in manufacturing of Fishing Nets, PP Yarns, PP/HDPE Ropes, PP Twines and Niwar.

Vera Synthetic IPO – overview 

IPO Dates  28 March – 4 April 18 
IPO Price  INR 40 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,335,000 shares (INR 5.38 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2000, Gujarat based Vera Synthetic Limited is engaged in manufacturing of Fishing Nets, PP Yarns, PP/HDPE Ropes, PP Twines and Niwar. The company manufactures and markets its products under its flagship brand “Sujlon”. The products are primarily used in the fishing sector and other allied uses thereon. 

At present Vera caters only to domestic markets. The company has dealers, traders and distributors spread across different regions of the Country. It sells its products either directly to traders/fishermen or through its distribution network in Gujarat, Maharashtra, Kerala, Karnataka, Andhra Pradesh, West Bengal, Delhi, Bihar, Rajasthan, etc. 

The company’s manufacturing facility is divided into two units namely Division I and Division II (situated at Mamsa, Gujarat). 

As on January 31, 2018, the Company had 88 employees on its payroll. 

Objects of the Issue 

1 Funding the working capital requirements of the Company 
2. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          863.60 731.78 705.79 
Total Revenue          1,844.22 2,195.12 2,449.42 
Profit After Tax          34.43 27.40 4.78 

Company Contact Information 

Vera Synthetic Limited 
Office No. UL-27 
Pattani Plaza, Devubag, 
Dairy Road, Bhavnagar – 364002 
Phone: 0278-2525434 
Email: info@sujlonropes.com 
Website: http://www.sujlonropes.com 

Vera Synthetic IPO Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: verasynthetics.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

Vera Synthetic IPO Lead Manager(s) 

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Akshar Spintex IPO: GMP, Price, Dates, Issue Size 

Akshar Spintex IPO is set to make its debut on 27 April 18 with 26.99 Cr i s a company engaged in the manufacturing of cotton yarn. 

Akshar Spintex IPO – overview 

IPO Dates  27 April – 3May 18 
IPO Price  INR 40 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  6,747,000 shares (INR 26.99 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2013, Gujarat based Akshar Spintex Limited is a company engaged in the manufacturing of cotton yarn. The company manufactures 100% cotton yarn which includes combed, semi-combed and carded yarn. 

The manufacturing facility of the Company is situated in the vicinity of the rich cotton growing areas of Gujarat. The company has installed capacity of a total of 24,480 spindles. 

The company has 216 employees on its payroll. 

Objects of the Issue 

1. Funding the working capital requirements of the Company 
2. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          8218.88 7487.82 7029.73 
Total Revenue          9038.94 5984.38 1561.73 
Profit After Tax          538.61 266.94 51.25 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Akshar Spintex Limited 
Revenue Survey No. 102/2, Paiki, Plot No. 2, 
Village – Haripar, Ranuja Road, 
Tal – Kalavad, Jamnagar – 361013 
Phone: +9198252 13622 
Email: admin@aksharspintex.in 
Website: http://www.aksharspintex.in 

Akshar Spintex IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: https://www.bigshareonline.com/ 

Akshar Spintex IPO Lead Manager(s) 

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Godha Cabcon & Insulation IPO: GMP, Price, Dates, Issue Size 

Godha Cabcon & Insulation IPO is set to make its debut on 27 April 18 with 22.81 Cr is a software company which caters to Architecture, Engineering, and Construction. 

Godha Cabcon & Insulation IPO – overview 

IPO Dates  27 April – 3May 18 
IPO Price  INR 33 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  3,000,000 shares (INR 9.90 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2016, Madhya Pradesh based Godha Cabon & Insulation Limited is engaged in the business of manufacturing of ACSR/AAAC/AAC Conductors. 

The company’s sales/supply activities are tender/order based. It was successful in getting various tenders and orders from the State Electricity Board in a timely manner. Few of the heavy tenders were from: 

1) Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (Bhopal) for Rs 21 Crore in the year 2015 for AAAC Conductor. Earlier it received an order for Rs 25 Crores and in 2016 further received an order for Rs 12.5 Crores (extension) due to before time delivery and better quality of products. 
2) Madhya Pradesh Poorva Kshetra Vidyut Vitaran Co. Ltd. for Rs 12.5 Crore in the year 2017 for AAAC Rabbit Conductor. 
3) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd (Indore) for Rs 35 Crore in the year 2015 for AAAC Rabbit conductor. 

It has 16 permanent employees at its manufacturing facility. 

Objects of the Issue 

1 To meet the Working Capital Requirements 
2. To meet General Corporate Expenses 

Company Financials      

Particulars          31-Mar-17 
Total Assets          1.28 
Total Revenue          
Profit After Tax          0.30 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Godha Cabcon & Insulation Limited 
36-D, Sector B, 
Sanwer Road, Industrial Area 
Indore-452 006 
Phone: +91 731 4029 509 
Email: compliance.godhacabcon@gmail.com 
Website: http://www.godhacabcon.com 

Godha Cabcon Insulation IPO Registrar 

Kfin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

Godha Cabcon Insulation IPO Lead Manager(s) 

  1. Mark Corporate Advisors Private Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

SoftTech Engineers IPO: GMP, Price, Dates, Issue Size 

SoftTech Engineers IPO is set to make its debut on 27 April 18 with 22.81 Cr is a software company which caters to Architecture, Engineering, and Construction. 

SoftTech Engineers IPO – overview 

IPO Dates  27 April – 3May 18 
IPO Price  INR 80 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,851,200 shares (INR 22.81 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Company Overview    

Incorporated in 1996, Pune based SoftTech Engineers Limited is a software company which caters to the Architecture, Engineering, and Construction (“AEC”) verticals. 

The Company specializes in developing products for e-governance and construction ERP products for smart city projects, municipal corporations, urban local bodies, development authorities and work organizations. It also offers 2D and 3D CAD based intelligent and machine learning driven technology which eliminates entire human intervention along with providing Cloud Technology enabled products offered as “SaaS”. 

Softtech started by launching its first product – STRUDS in the year 1996, which was used for Structural Analysis and Designing. In the year 2000, it launched another product, ESRGSR, which was also used on the same line. STRUDS and ESR GSR were acquired in the year 2011 by CSC (UK) Limited. 

The Company also launched two new products viz., PWIMS and AutoDCR which have been the flagship products of the Company since their launch in the year 2004 and 2005 respectively. PWIMS provides a complete online solution to the Public Works Department (PWD) for e-procurement and work management. AutoDCR is software for automation of building permits approvals which is used by the government authorities in scrutinizing and automating the building permits based on the CAD based building plan which works on an online system and environment. 

Riding on the success of these products, the Company in the year 2010 launched OPTICON which caters to the needs of construction contractors and real estate companies by helping them in cost estimating, construction management and overall automation. 
 
Softtech got another VC funding round from Rajasthan Venture Capital Fund in the year 2014 which acquired 26.77% stake in the Company. 

The company has 433 employees working at its registered office and other client places. 

Objects of the Issue 

1. Product Development and Enhancement Costs. 
2. Funding of the Domestic and International Product Penetration and Marketing Costs. 
3. Repayment/ Pre-payment of certain unsecured borrowings availed by the Company. 
4. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          6,033.78 5,722.58 4,008.32 
Total Revenue          4,711.63 4,432.53 3,594.36 
Profit After Tax          615.96 361.77 212.29 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

SoftTech Engineers Limited 
‘The Pentagon’, Unit No. 5A, 
Near Satara Road Telephone Exchange, Shahu College 
Parvati, Pune 411009 
Phone: +91-020-24218747 
Email: investors@softtech-engr.com 
Website: http://www.softtech-engr.com 

SoftTech Engineers IPO Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: softtech.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

SoftTech Engineers IPO Lead Manager(s) 

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance) 
  1. Small Industries Development Bank Of India (Sidbi) (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Dhruv Consultancy Services IPO: GMP, Price, Dates, Issue Size 

Dhruv Consultancy Services IPO is set to make its debut on 27 April 18 with 26.99 Cr is engaged in the business of infrastructure consultancy providing design. 

Dhruv Consultancy Services IPO – overview 

IPO Dates  27 April – 2 May 18 
IPO Price  INR 54 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,300,000 shares (INR 23.19 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2003, Mumbai based Dhruv Consultancy Services Limited is engaged in the business of infrastructure consultancy providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering, and Ports. 

The services of the company include Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy, Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno-Legal Services. 

Dhruv’s clientele includes Ministry of Road Transport and Highways, National Highways Authority of India, The City and Industrial Development Corporation of Maharashtra Ltd., Jawaharlal Nehru Port Trust, Maharashtra State Road Development Corporation, Mumbai Metropolitan Region Development Authority, Public Works Department, Maharashtra Tourism etc 

As on December 31, 2017, the company had over 313 employees on its payroll. 

Objects of the Issue 

1. Repayment/ prepayment of certain indebtedness. 
2. To Meet Working Capital requirements. 
3. General Corporate Expenses. 
4. Issue Expenses. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,050.28 1,792.64 1,250.34 
Total Revenue          3,046.24 1,515.33 974.39 
Profit After Tax          308.16 132.21 78.97 

Company Contact Information 

Dhruv Consultancy Services Limited 
501, Pujit Plaza, 
Palm Beach Road, Sector – 11, Opp. K-Star Hotel, 
Near CBD Station, CBD Belapur, Navi Mumbai-400614 
Phone: +91 22 27570710 
Email: cs@dhruvconsultancy.in 
Website: http://www.dhruvconsultancy.in 

Dhruv Consultancy IPO Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: dcsl.ipo@linktime.co.in 
Website: https://linkintime.co.in/ 

Dhruv Consultancy IPO Lead Manager(s) 

  1. Hem Securities Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker