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DRA Consultants IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 2.96 Cr. The company is based in Nagpur and caters to Engineering - Tech Solutions sector. Pantomath Capital Advisors is the merchant banker of DRA Consultants IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th September 2016.
DRA Consultants IPO open date is 30th September 2016 and close date is 4th October 2016. IPO Allotment Date is 30th November -0001 and Listing date is 13th October 2016.
IPO
Size:
₹ 2.96 Cr.
Avg IPO Size (Sector Based)
: ₹
9.64 cr.
Sector: Engineering - Tech Solutions
SME
IPO so far:
4
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Nagpur
SME
IPO so far:
18
Revenue (annualised):
₹
16.51
cr. 
PE
Ratio:
5.00x
Average Sector PE Ratio: 9.31x
DRA Consultants IPO size is ₹ 2.96 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the DRA Consultants IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for DRA Consultants IPO.
DRA Consultants IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
DRA Consultants IPO, based in Nagpur, operates in the Engineering - Tech Solutions sector with a focus on business of engineering consultancy in India.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. DRA Consultants IPO size is ₹ 2.96 Cr. with fresh issue size of ₹ 3 and Offer for sale being ₹ Nil
The IPO allotment date for DRA Consultants IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check DRA Consultants IPO allotment status on the registrars website, Bigshare Services Private Limited . DRA Consultants IPO refund dates are 30th November -0001.
DRA Consultants IPO is expected to be listed on 13th October 2016.
The upper price band for the DRA Consultants IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on DRA Consultants IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the DRA Consultants IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th October 2016. After submission, funds are blocked until the basis of allotment of DRA Consultants IPO is finalised.
The merchant banker for DRA Consultants IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the DRA Consultants IPO RHP for further details.
The registrar for DRA Consultants IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to DRA Consultants IPO through their official website or helpline.
DRA Consultants IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.96 Cr.
Avg IPO Size (Sector Based)
:
₹ 9.64 Cr.
Sector: Engineering - Tech Solutions
SME
IPO so far:
4
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Nagpur
SME
IPO so far:
18
Revenue (annualised):
₹ 16.31 cr.
PE
Ratio:
5.00x
Average Sector PE Ratio: 9.31x
DRA Consultants IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on DRA Consultants Financial Review Page
Merchant Banker(s) of DRA Consultants IPO: Pantomath Capital Advisors Private Limited
DRA Consultants IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
DRA Consultants IPO listed at a listing price of 12.00 against the offer price of 10.00.
The current market price of DRA Consultants is 26.46.
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