Dev Information Technology Ltd

- Hem Securities Ltd

Initial public issue of 14,88,000 equity shares of face value of Rs.10 each of Dev Information Tech Ltd (the company) for cash at a price of Rs.42 per equity share (including a share premium of Rs.32 per equity share) (issue price) aggregating to Rs.6.25 crores (the issue) of which 96,000 equity shares of face value of Rs.10 each for a cash at a price of Rs.42 per equity share, aggregating to Rs.0.40 crores will be reserved for subscrption by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 13,92,000 equity shares of face value of Rs.10 each at an issue price of Rs.42 per equity share aggregating to Rs.5.85 crores (is hereinafter to as the net issue). The issue and the net issue will constitute 26.95% and 25.22% respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs.10 each and the issue price is Rs.42 each. The issue price is 4.2 times of the face value.

  • Issue

    • Opens On31 Mar 2017
    • Closes On06 Apr 2017
  • Money Payable On

    • Application42
    • Allotment0
  • Project Cost (Cr.)6.25
  • Post Issue Equity Share Capital (Cr.)5.52
  • Issue Price (D)42

Further Multiples of: 3000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Link Intime India Pvt Ltd

    14 Aaryans Corporate Park Nr Shilaj Railway Crossing Ahmedabad

    Gujarat- 380059

    Phone - 91-79-26304241/26305751

    Fax -

    Email - cs@devitpl.com

    Website - www.devitpl.com

    Ready to invest with us?

    Share your Name and Mobile Number with us and get started

    • +91|
    scrollToTop