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Open
27 Nov 2018
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Close
30 Nov 2018
3
Allotment
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Listing
Mon, Dec 10, 2018
Price Band
₹75 per share
Issue Size
42,00,000 shares (agg. up to ₹32 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Dec 10, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.02x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 83.64 | 82.99 | 78.15 | 52.99 |
| Total Income | 42.14 | 142.62 | 141.91 | 153.08 |
| Profit After Tax | 1.39 | 3.45 | 1.08 | 0.50 |
| NET Worth | 10.18 | 8.80 | 14.06 | 4.96 |
| Reserves and Surplus | 3.18 | 1.79 | 7.05 | 1.96 |
| Total Borrowing | 40.28 | 41.69 | 29.92 | 23.17 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Accuracy Shipping Ltd. | SME | ₹35.76 Cr | ₹84 | null | ₹86.10 | +2.50% | ₹4.87 (-2.80%) |
| Shree Vasu Logistics Ltd. | SME | ₹9.29 Cr | ₹45 | null | ₹48.50 | +7.78% | ₹745.30 (+4.99%) |
| AVG Logistics Ltd. | SME | ₹33.06 Cr | ₹107 | null | ₹118.55 | +10.79% | ₹201.59 (-0.32%) |
| Orissa Bengal Carrier Ltd. | SME | ₹16.69 Cr | ₹30 | null | ₹33.45 | +11.50% | ₹53.45 (+0.00%) |
| Future Supply Chain Solutions Ltd. | Mainboard | ₹649.70 Cr | ₹664 | null | ₹686.35 | +3.37% | ₹2.75 (+5.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment Of Unsecured Loans | 17.50 |
| 2 | Setting up additional Warehouse in the state of Telangana | 5.00 |
| 3 | Acquiring Additional Branch for Expansion of business | 1.50 |
| 4 | Part repayment of the Cash Credit facilities | 3.00 |
| 5 | Part repayment of the Term Loans | 3.00 |
| 6 | General Corporate Purpose | 0.90 |
About DRS Dilip Roadlines IPO
Incorporated in 2009, Hyderabad based DRS Dilip Roadlines Limited is a company engaged in the business of logistics services. It offers transportation, packing & moving and warehousing services.The company carries its packing and moving business under the brand name of 'Agarwal Packers and Movers'. It is a popular name in household relocation across the country. DRS provides goods transportation services. It operates and owns a fleet of 301 trucks in the name of the Company, have 199 vehicles from the group and can hire 450 vehicles.The Company owns a composite container vehicle called 'CHAPP VAN' (Car, Households, Artifacts, Plants and Pets). This new-concept composite container vehicle can carry Car, Household, Artifacts, Plants and Pets all at once. The CHAPP VAN has been recognized by Limca Books of Records.DRS has some of the major corporates in its client list including MRF Limited, CEAT Limited, Mahindra &Mahindra Limited, PPG Asian Paints, Micro Labs Limited, Cactus Profiles Private Limited and Amitasha Enterprises Private Limited. Competitive Strengths of the Company-1. Established brand name in household relocation2. Pan India presence3. Owns a large fleet of vehicles4. S
Contact Details
DRS Dilip Roadlines Ltd. Address306, 3rd FloorKabra Complex61, M G RoadSecunderabad, Telangana, 500003+91- 40- 39818800info@drsindia.inVisit Website