Dhruv Consultancy Services Ltd - IPO

Dhruv Consultancy Services Ltd IPO Details

Public issue of 42,96,000 equity shares of face value of Rs. 10/- each (The Equity Shares) of Dhruv Consultancy Services Limited (The Company or DCSL or The Issuer) for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) (Issue Price) aggregating to Rs. 23.20 crores (The Issue) of which 2,24,000 equity shares aggregating to Rs. 1.21 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 40,72,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 54 per equity share aggregating to Rs. 44 crores is herein after referred to as the net issue. The issue and the net issue will constitute 30.05% and 28.48%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 54 is 5.4 times of the face value.

Objective of issue

Repayment/ prepayment of certain indebtedness. To meet working capital requirements. General corporate expenses.

Dhruv Consultancy Services Ltd Contact Details

Dhruv Consultancy Services Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@dhruvconsultancy.in

Website - www.dhruvconsultancy.in