Dinesh Engineers Limited IPO (Dinesh Engineers Limited) Detail

Dinesh Engineers Limited

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 :

  1. Bharti Airtel Ltd
  2. Idea Cellular Ltd
  3. Vodafone,
  4. Tata Communications Ltd.
  5. Intech ltd
  6. D-vois SSV Ltd
  7. Atria Ltd
  8. Power Grid Ltd
  9. Hathway Ltd
  10. Mahanagar Gas Ltd

Competitive Strengths:

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:

  1. Expansion of business by setting up of further OFC Network under IP-1 License – INR156.4 crore
  2. Fund expenditures towards general corporate purposes
  3. 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
Revenue 25.33 23.95 51.15 119.3 168.4 302.77
Net Profit 2.6 3.0 6.9 12.63 21.93 61.83

 

Dinesh Engineers Limited IPO Details:

Details Info
Issue Opens on 28th September 2018
Issue Closes on:. 3rd October 2018
Issue Price Rs.183 -185
Face Value Rs.10
Minimum Lot 80 Shares
Minimum Investment Rs.14,800
Issue Constitutes 25.31%
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

Link Intime India Private Ltd  

Company Contact Information

Dinesh Engineers Limited
DEPL House
Neighbourhood Shopping Complex Sector-4,
Nerul Navi Mumbai -400706
Phone: + 91-022-27704600/4700
Fax:
Email: admn@depl.co.in
Website: http://www.depl.co.in/

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

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: dineshengineers.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Dinesh Engineers Limited Lead Manager

SEBI Regn. No. INM000010981

Hem Securities Limited
14/15, Khatau Building,
40, Bank Street, Fort,
MUMBAI- 400 001

Website:  http://www.hemonline.com
Email:  ipoinfo@hemonline.com
Phone: 022 – 2267 1543 / 44
Fax: 022 – 2262 5991

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