Dinesh Engineers Limited IPO (Dinesh Engineers Limited) Detail
ABOUT THE COMPANY:
Dinesh Engineers Limited was incorporated in 2006,is a passive communication infrastructure provider Company in India, focused on providing passive communication infrastructure services mainly to the Telecom operators and internet service providers (“ISPs”). Company was working towards executing the fiber laying work for many Telecom Operators.
The company has been licensed by Department of Telecommunications (DoT) with the Infrastructure Provider (IP)-I License, under which it can establish and maintain wired networks, duct space for the purpose to grant on lease or sale on IRU basis to the licensees of Telecom operators, ISPs etc.
Since the receipt of the IP-I license, it has created its own optic fibre network of around 7500 kms which runs across the state of Rajasthan, Gujarat, Maharashtra, Goa, Karnataka, Andhra Pradesh and Telengana. Its wired network infrastructure solutions are used by several telecom companies such as Airtel, BSNL, Reliance Jio, Vodafone, Idea, Tata Communication etc.
Since the year 2011, it has laid fibre network of around 9500 Kms for the telecom operators under the Vendor projects which run across the states of Maharashtra, Gujarat, Uttar Pradesh, Bihar, Karnataka, Andhra Pradesh, Chhattisgarh, Goa and Rajasthan and are currently being used by companies like BSNL, Airtel, Vodafone, Idea Cellular, Reliance Jio, TTML, BSNL, Reliance Corporate IT Park and TCIL. Apart from the above, the company has Mahanagar Gas Limited in its client list for gas pipeline work.
As of February 28, 2018, Company has laid fiber of around 13000 Kms for various telecom vendors which includes fibre laid under Vendor Projects and own network running across 10 states in India. Company’s total Order Book was Rs.143.5 crores.
Clients of Dinesh Engineers Limited :
- Bharti Airtel Ltd
- Idea Cellular Ltd
- Tata Communications Ltd.
- Intech ltd
- D-vois SSV Ltd
- Atria Ltd
- Power Grid Ltd
- Hathway Ltd
- Mahanagar Gas Ltd
Established Optic fiber network in India.
Long standing Customer Relationships with Strong Repeat Business.
Expansion into other business areas (Gas Pipeline Laying)
Objects of Dinesh Engineers Limited IPO:
- Expansion of business by setting up of further OFC Network under IP-1 License – INR156.4 crore
- Fund expenditures towards general corporate purposes
- Issue Expenses
Promoters And Management:
The Promoters of the Company are
(1)Mr. Dinesh Kollaiah Kargal and
(2)Mrs. Shashikala Dinesh Kargal.
They hold, in aggregate 29,496,640 Equity Shares, representing 99.989 % of the subscribed and paid-up Equity Share Capital of the Company.
Financials of Dinesh Engineers Limited IPO:
|(in Crores)||FY 13||FY 14||FY 15||FY 16||FY 17||FY 18|
Dinesh Engineers Limited IPO Details:
|Issue Opens on||28th September 2018|
|Issue Closes on:.||3rd October 2018|
|Issue Price||Rs.183 -185|
|Minimum Lot||80 Shares|
|Issue Size||Rs.185 cr|
|Market Cap||Rs.730.75 cr|
|Listing at||NSE & BSE|
|Equity Shares Offered (Fresh)||1,00,00,000|
|Equity Shares Prior to the Issue||2,95,00,000|
|Equity Shares after the Issue||3,95,00,000|
IPO Allotment Status: click below
Company Contact Information
Dinesh Engineers Limited
Neighbourhood Shopping Complex Sector-4,
Nerul Navi Mumbai -400706
Phone: + 91-022-27704600/4700
Dinesh Engineers Limited Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Dinesh Engineers Limited Lead Manager
SEBI Regn. No. INM000010981
Hem Securities Limited
14/15, Khatau Building,
40, Bank Street, Fort,
MUMBAI- 400 001
Phone: 022 – 2267 1543 / 44
Fax: 022 – 2262 5991