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Home › IPOs › DRA Consultants Ltd.
DR
DRA Consultants Ltd.
CLOSED BSE SME Fixed Price IPO Fresh Capital DRA Consultants IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹10
Issue Price: ₹ 10
Issue Price
₹10
Face Value
₹10
Lot Size
10,000 shares
Open Date
30 Sep 2016
Close Date
04 Oct 2016
Listing Date
13 Oct 2016
Exchange
BSE SME
DRA Consultants IPO About the Company

Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc.

...read more
DRA Consultants IPO Objects of the Issue
Purpose Amount (₹ Cr)
Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services. DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc. ₹2
2 General corporate purposes ₹0
DRA Consultants IPO Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Issue Details
Total Shares Offered
2,960,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹3 Cr
Pre-Issue Shareholding
8,010,000 shares
Post-Issue Shareholding
10,970,000 shares
UPI Mandate
04 Oct 2016
IPO Analytics Dashboard
LIVE
DRA Consultants IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
DRA Consultants IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
DRA Consultants IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 1,400,000 (47%) —
👤 Retail (RII) — 1,400,000 (47%) —
📊 Market Maker — 160,000 (5%) —
Σ Total — 2,960,000 (100%) —

* Amount calculated at upper price band (₹10) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 1,400,000 (47%)
47%
👤
Retail (RII) ? 1,400,000 (47%)
47%
📊
Market Maker ? 160,000 (5%)
5%
Total Shares Offered 2,960,000 (100%)
DRA Consultants IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 10,000
Min. Investment ₹100,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 30,000
Min. Investment ₹300,000
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 10  ·  Symbol: —
H —
L —
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DRA Consultants IPO Company Info
📍 Plot No 58, Ingole Nagar, Wardha Road, Nagpur-440005 Nagpur, Maharashtra
Visit Website
DRA Consultants IPO Registrar
Bigshare Services Pvt.Ltd.
✉️ -
Check Allotment Status
DRA Consultants IPO FAQs
DRA Consultants IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of DRA Consultants IPO is ₹10 per share. One lot has 10,000 shares, so the minimum investment is about ₹100,000. It is a Fresh Capital issue.
DRA Consultants IPO opened on 30 Sep 2016 and closed on 04 Oct 2016. Shares are listed on BSE SME on 13 Oct 2016.
Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.
As per the offer document, DRA Consultants plans to use the IPO proceeds for: Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services. DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc. (₹2); 2 General corporate purposes (₹0).
The lead manager of DRA Consultants IPO is Pantomath Capital Advisors Pvt.Ltd..
DRA Consultants IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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