In this article, we will discuss in detail the DC Infotech and Communication IPO dates, size, allotment status, DC Infotech and Communication IPO subscription, DC Infotech Grey market premium, and its company’s financial status that will help you to conclude whether you should invest or subscribe for this IPO or not.
| DC Infotech and Communication IPO Highlights | |
| Open Date | NA |
| Close Date | NA |
| IPO Price Band | NA |
| Face Value | Rs. 10 |
| No. of Shares | 24,00,000 |
| Share Price | NA |
| Share premium | NA |
| IPO Size | NA |
Summary – DC Infotech and Communication Limited
They are an IT Solution distribution house in India having commenced its operations with reselling and redistribution of IT hardware products like Cabinets, motherboards, etc. Engaged in the distribution business, their Company has partnered with several networking and security brands for distribution in the country.
It is a broad-based distribution model which is based on multiple products and multiple brand strategies. Currently, they operate with a dealer network of around 1600 dealers and through sales representatives. They play the role of an IT Distributor offering a bouquet of services. They act as the link between the IT manufacturers/developers and end-users and other resellers.
The Company is in the distribution business of hardware and software IT products which is a high-volume business, where the efficient management of stock plays a vital role. and helps them to manage the complete supply chain right from the manufacturers and end-users.
Therefore, it helps their business model to spread their market risks arising out of fluctuation in the market shares of various brands besides helping them to achieve economies of scale. They follow B2B and B2C business models to provide complete Information Technology solutions and support to their channel partners. The focus is to capture a considerable market share in each of the product categories.
The Promoters of this company are DC Infotech and Communication Limited IPO is Chetankumar Timbadia and Devendra Sayani. The lead managers to the issue are Fedex Securities Private Limited and the Registrar of this issue is Satellite Corporate Services Private Limited.
DC Infotech and Communication IPO Date
The opening and closing date of the DC Infotech and Communication IPO is [●].
DC Infotech and Communication IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
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| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
DC Infotech and Communication IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
DC Infotech and Communication IPO Grey Market Premium
- Grey Market Premium price is Rs X
- Kostak rate is Rs X
- Subject to Sauda is X.
DC Infotech and Communication IPO Price
The price band of a minimum price of Rs. [●] per Equity Share (Floor Price) and the maximum price of Rs. [●] per Equity Share (Cap Price) including any revisions thereof
DC Infotech and Communication IPO Issue Size
Initial Public Issue of up to 24,00,000 Equity Shares of the face value of Rs. 10 each for cash for Rs. [•] per equity share (including a premium of Rs. [•] per equity share) aggregating to Rs. [•] Lakhs by our Company.
DC Infotech and Communication Limited – Company Overview
The Company started its journey from the distribution-based business. However, over a while, their Company from a distribution-based business to Value Added Distribution of Information Technology products, Networking, Security, surveillance, wireless, broadband, digital signage, firewalls, desktop virtualization, power solutions, and other solutions like network performance, digital performance, cloud security, enterprise security, etc.
BUSINESS MODEL
They are an IT Solution distribution house in India having commenced their operations with reselling and redistribution of IT hardware products like Cabinets, motherboards, etc. Engaged in the distribution business, their Company has partnered with several networking and security brands for distribution in the country.
It is a broad-based distribution model which is based on multiple products and multiple brand strategies. Currently, they operate with a dealer network of around 1600 dealers and through sales representatives. They play the role of an IT Distributor offering a bouquet of services.
BUSINESS PROCESS
They act on a principal-to-principal basis, purchasing in bulk from the vendors and further down-selling them to resellers / sub-distributors / system integrators and retailers. They purchase from vendors and sell to channel partners who are typically corporate resellers, retailers and systems integrators, etc. The Company is engaged in providing distribution services for both, Volume Business and Value Business products.
DC Infotech and Communication – Company Financials
On the basis of the Standalone statement:-
| Amount (in INR & lakhs) | |||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 5427.20 | 4784.13 | 3626.92 |
| Total Revenue | 1523.49 | 9756.24 | 10878.78 |
| Total Expense | 1410.35 | 9576.43 | 10749.68 |
| Profit After Tax | 81.71 | 130.12 | 90.41 |
DC Infotech and Communication IPO Lead Managers
| Lead Managers |
| FEDEX SECURITIES PRIVATE LIMITED 305, Enterprise Centre, Nehru Road, Vile Parle (East), Mumbai- 400099, Maharashtra, India. Tel No.: +91 81049 85249 Fax No.: 022 2618 6966 E-mail: mb@fedsec.in Website: www.fedsec.in Contact Person: Rinkesh Saraiya SEBI Registration Number: INM000010163 Investor Grievance E-Mail: mb@fedsec.in |
DC Infotech and Communication Registrar to the Offer
| Registrar to the Offer |
| SATELLITE CORPORATE SERVICES PRIVATE LIMITED Unit No. 49, Building No. 13 A-B, 2nd Floor, Samhita Commercial Co-op Society Ltd, Off Andheri Kurla Road, MTNL Lane, Sakinaka, Mumbai-400072, Maharashtra, India. Tel No.: +91 22 28520461/462 E-mail: service@satellitecorporate.com Website: www.satellitecorporate.com Contact Person: Michael Monteiro SEBI Registration Number: INR00003639 Investor Grievance E-mail: sme.ipo@satellitecorporate.com |
DC Infotech and Communication IPO Conclusion
DC Infotech and Communication IPO News
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