IPO

DU Digital Technologies Limited IPO

NSE SME

Listed On: Aug 26, 2021 at ₹ 60.0

₹ 130000 /2000 Shares

Check Allotment

IPO Details

12 Aug, 2021

Open Date

17 Aug, 2021

Close Date

23 Aug, 2021

Allotment Date

26 Aug, 2021

Listing Date

Issue Price

₹65 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

60.0

Listing Date

2021-08-26

Market Lot

2000 Shares (₹130,000/-)

Lead Manager

Hem Securities Limited

Issue Size

690,000 Eq Shares of ₹10 (aggregating up to ₹4.49 Cr)

Retail Portion

N/A

Subscription

21.07 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved326,000326,000652,000
Day 1 - 12-08-21 05:00 PM0.24 x13.63 x6.94 x
Day 2 - 13-08-21 05:00 PM1.23 x22.04 x11.63 x
Day 3 - 16-08-21 05:00 PM1.42 x28.44 x14.93 x
Day 4 - 17-08-21 05:00 PM4.79 x37.35 x21.07 x

Valuations

Earnings Per Share (EPS)

₹0.41/-

P/E Ratio

160.49

RoNW

7.28%

Net Asset Value (NAV) - Post Issue

₹25.14/-

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets3.917.7212.02
Revenue2.2632.0637.47
Profit After Tax0.10(0.23)0.70

About The Company

DU DigitalTechnologies is engaged in the business of providing visa processing services to embassies of different countries. It acts as a human interface between the visa applicant and the technical visa processing unit. The company plays administrative and non-judgmental tasks related to visa application, digitalization, document verification, and biometric data collection for customers.

It offers various contractual services 1. accepts documents on behalf of the Ministry, 2. attestation services, 3. collecting fingerprints, facial photos, retina scans, etc. It further provides many value-added services i.e. premium lounge, prime time application, mobile biometrics, SMS alert, and courier services.

The company has Visa Application Centers (VACs) in Delhi, Kolkata, Bangalore, Mumbai and also partnered with VFS Global Services Ltd to provide processing support services in Ahemdabad, Chandigarh, Chennai, Cochin, Jalandhar, Hyderabad, Pune, Gurgaon, Jaipur, and Goa.

Read More

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.46%


Company Promoter(s)

  1. Mr. Rajinder Rai

IPO - Issue Objectives

  1. Meet working capital requirements.
  2. Investment in a subsidiary company, Dudigital Global LLC.
  3. To meet general corporate purposes.
  4. To meet issue expenses.

IPO - FAQs

Ans. DU Digital Technologies Limited IPO is a SME IPO. The issue is priced at ₹65 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Aug 12, 2021, and closes on Aug 17, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The DU Digital Technologies Limited IPO opens on Aug 12, 2021 and closes on Aug 17, 2021.

Ans. The size of DU Digital Technologies Limited IPO is 690,000 Eq Shares of ₹10 (aggregating up to ₹4.49 Cr).

Ans. The IPO price band is set between ₹65 per equity share.

Ans. To apply for DU Digital Technologies Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find DU Digital Technologies Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of DU Digital Technologies Limited IPO is Aug 23, 2021.

Ans. The DU Digital Technologies Limited IPO will be listed on Aug 26, 2021.

Ans. Follow the steps to check the allotment status for DU Digital Technologies Limited IPO here.