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Dev Information Technology Ltd IPO

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Initial public issue of 14,88,000 equity shares of face value of Rs.10 each of Dev Information Tech Ltd (the company) for cash at a price of Rs.42 per equity share (including a share premium of Rs.32 per equity share) (issue price) aggregating to Rs.6.25 crores (the issue) of which 96,000 equity shares of face value of Rs.10 each for a cash at a price of Rs.42 per equity share, aggregating to Rs.0.40 crores will be reserved for subscrption by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 13,92,000 equity shares of face value of Rs.10 each at an issue price of Rs.42 per equity share aggregating to Rs.5.85 crores (is hereinafter to as the net issue). The issue and the net issue will constitute 26.95% and 25.22% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price is Rs.42 each. The issue price is 4.2 times of the face value.

Dev Information Technology Ltd IPO Subscription Details

Company

Dev Information Technology Ltd

Issue Type

Fixed Price - SME

Open Date

31 Mar

Close Date

06 Apr

Offer Price

42.00

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  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Dev Information Technology Ltd IPO

Company Contact Information

Dev Information Technology Ltd IPO
14 Aaryans Corporate Park,
Nr Shilaj Railway Crossing,
Ahmedabad, Gujarat 380059.

Phone: 91-79-26304241/26305751
Email: cs@devitpl.com

Dev Information Technology Ltd IPO Register

Link Intime India Pvt Ltd

Dev Information Technology Ltd IPO Lead Manager(s)

  • Hem Securities Ltd

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