The private corporation DMR Hydroengineering & Infrastructure limited is finally going to release its shares through Initial Public Subscription in the share market. Today, we are going to provide you with all the necessary details regarding the DMR Hydroengineering IPO date, Review, Form, Price, and market lot size. So in the future, you will be aware of whether you should invest in or not in respect of profit. The first thing we should know is about the company’s information and its performance.
The company runs counselling and consultancy for engineering in the infrastructure projects like hydropower, dams, roads, and railways tunnels. It facilitates also Design Engineering, Bid Management, Construction Engineering, Quality Programs, Inspection, Due Diligence service, etc.
DMR Hydroengineering IPO Review & Company Details
The company’s most important part includes hydropower that is Small Hydro, Renewable, Road Tunnels, Railway Tunnels, Water, Dams, Barrages and Weirs, mining, and urban Infrastructure. The company facilitates service spread in 11 states of India and beyond boundaries like Nepal, Nigeria, Dubai, Germany, and Senegal. Every company needs to raise its capital so they usually offer their share in the public by subscription. Let start with the company’s shares lot size and its face value.
The company’s IPO price fixed is fixed at ₹21 with a market lot of 6000 shares. DMR corporation is a BSE SME IPO and they are going to raise ₹2.09 crores. If we talk about its opening date of releasing share is November 24 and will be close on November 29. 2021. Get Visit to the DMR Hydro engineering for IPO Date price and lot size.
DMR Hydroengineering IPO Date & Price Band
| IPO Open: | 24 November 2021 |
| IPO Close: | 29 November 2021 |
| IPO Size: | Approx ₹2.09 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹21 Per Equity Share |
| Listing on: | BSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
DMR Hydroengineering IPO Market Lot
The DMR Hydroengineering IPO minimum market lot is 6000 shares with ₹126,000 application amount.
| Minimum Lot Size: | 6000 Shares for 1 lot |
| Minimum Amount: | ₹126,000 for 1 lot |
| Maximum Lot Size: | 6000 Shares for 1 lot |
| Maximum Amount: | ₹126,000 for 1 lot |
DMR Hydroengineering IPO Time Table, Allotment & Listing
The DMR Hydroengineering IPO date is 24 November 2021 and the IPO close date is 29 November 2021. The allotment date is December 2021 and the IPO may list in December 2021.
| IPO Open Date: | 24 November 2021 |
| IPO Close Date: | 29 November 2021 |
| Basis of Allotment: | December 2021 |
| Refunds: | December 2021 |
| Credit to Demat Account: | December 2021 |
| IPO Listing Date: | December 2021 |
So. In the conclusion, there might be a risk to invest in the company as per the company review. If we talk about company lot size and its prize it is not satisfying. The company must need to get special IPO offers for the public. we hope that this review may help all investors. For the latest update and review of the company, IPOs keep following on All Social Updates.