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Dredging Corp.of India IPO IPO

Mainline26 Feb to 4 Mar, 200426 Feb to 4 Mar, 2004
Open
26 Feb to 4 Mar, 2004
Close
26 Feb to 4 Mar, 2004
3
Allotment
Listing
Fri, Mar 19, 2004
Price Band
₹385 to ₹400
Issue Size
56,00,000 shares (agg. up to ₹221 Cr)
Listing Date
Fri, Mar 19, 2004
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Live Subscription

CategorySubscription (times)
Total17.79x

Restated Financials (₹ Cr.)

Period Ended30 Sep 200331 Mar 200331 Mar 2002
Total Income251.80519.52501.53
Profit After Tax77.61157.4988.15
NET Worth735.47657.86531.96
Reserves and Surplus707.47629.86503.96
Amount in ₹ Crore

About Dredging Corp.of India IPO

Incorporated in 1976, Dredging Corporation of India Limited is engaged in providing integrated dredging services for ports, harbours, and maritime infrastructure projects in India and overseas. The company operates under the administrative control of the Ministry of Shipping. The company provides services including maintenance dredging, capital dredging, land reclamation, beach nourishment, and hydrographic surveys. It primarily serves major ports, non-major ports, and private ports across India. Dredging Corporation of India Limited operates a fleet of dredgers with significant annual dredging capacity and has a leading presence in the Indian maintenance dredging market. The company also undertakes selected capital dredging projects in domestic and international markets. As of fiscal 2003, the company operated 12 dredgers and handled dredging activities across multiple Indian ports. The company reported income of Rs. 5,195.2 million and adjusted profit after tax of Rs. 1,574.9 million for fiscal 2003.+ Read More

Contact Details

Dredging Corp.of India Ltd. AddressCore-2, First FloorScope Minar‚ Plot No.2A&2Laxminagar, District CenterDelhi, New Delhi, 110091+91-11-22448528dci_ro@vsnl.netVisit Website