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DMR Hydroengineering & Infrastructure Ltd IPO Details, Date, Share Price Range, Issue Size

DMR Hydroengineering & Infrastructure Ltd IPO Details, Date, Share Price Range, Issue Size

Author: Libord Brokerage Pvt. Ltd Posted on 24 Nov 2021 11:57:23Comments0

Category : ipo news

About DMR Hydroengineering & Infrastructure Ltd

DMR Hydroengineering & Infrastructure Ltd. has announced public offering of 996000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 11.00 per share. The gross proceeds of the issue are expected to be Rs 209.16 lakhs.

The company's initial public offer (IPO) will open on 24 November 2021 and is expected to close on 29 November 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 996000 Equity Shares of the Company at an price of Rs 21.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 6000 shares with bids in multiples of 6000.

DMR Hydroengineering & Infrastructure Ltd. anticipates using the proceeds of the issue for Funding working capital requirements

General corporate purposes.

Shreni Shares Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.

If the DMR Hydroengineering & Infrastructure Ltd is something that you’re looking to invest in come November 24, 2021, it would be a good idea to start the demat account opening process right away. Contact Libord Broking now to open demat account online within minutes.

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Libord Broking is one of the leading retail broking houses in India in terms of to trading on NSE/BSE. Libord Broking is a technology-led financial services company providing broking, merchant banking, advisory services, margin funding, Valuation of equity shares, distribution of mutual fund products to its clients under the brand of “Libord”. for more details, call on 022 62782900 / 60 and send mail to inquiry@libord.com

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