DC Infotech and Communication IPO Dates, Allotment, Bid Details, Price & Size

In this article, we will discuss in details about the DC Infotech and Communication IPO dates, size, its 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 DateNA
Close DateNA
IPO Price BandNA
Face ValueRs. 10
No. of Shares24,00,000
Share PriceNA
Share PremiumNA
IPO SizeNA

IPO - 100% Allotment


Summary – DC Infotech and Communication Limited

DC Infotech and Communication Limited IPO

They are an IT Solution distribution house in India having commenced their operations with reselling and redistribution of IT hardware products like Cabinets, motherboard, etc. Engaged in the distribution business, their Company has partnered with a number of 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 strategy. Currently, they operate with a dealer network of around 1600 dealers and through sales representatives. They play the role of an IT Distributor offering the 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 them 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 to this issue is Satellite Corporate Services Private Limited.


DC Infotech and Communication IPO Date

The opening and the closing date of DC Infotech and Communication IPO is [●].


DC Infotech and Communication IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day – 
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

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 face value of Rs. 10 each for cash at a price of 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 distribution-based business. However, over a period of time, their Company from distribution-based business to Value Added Distribution of Information Technology products, Networking, Security, surveillance, wireless, broadband, digital signage, firewall’s, 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, motherboard, etc. Engaged in the distribution business, their Company has partnered with a number of 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 strategy. Currently, they operate with a dealer network of around 1600 dealers and through sales representatives. They play the role of an IT Distributor offering the 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 of both, Volume Business and Value Business products.


DC Infotech and Communication – Company Financials

On the basis of Standalone statement:-

Amount (in INR & lakhs)
31-Mar-1931-Mar-1831-Mar-17
Total Assets5427.204784.133626.92
Total Revenue1523.499756.2410878.78
Total Expense1410.359576.4310749.68
Profit After Tax81.71130.1290.41

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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