DC Infotech and Communication Ltd IPO
(i) The company had started the business of, assembling, trading, and servicing of electronic items, computers, computer peripherals under the name “DC INFOTECH” at Mumbai. The Company operates in the B2B & B2C sales model and plays a key role in the supply chain consolidator between OEM / Vendor / Manufacturer and Channel partner/End customer. Based out of Mumbai, the core competencies are in the fields of LAN, WAN, Data Security, Wireless, Remote Management, IP Surveillance, Passive Solutions.
(ii) They are an IT Solution distribution house in India having commenced their operations with reselling and redistribution of IT hardware products like Cabinets, motherboard, etc. Engaged in the distribution business, the Company has partnered with a number of networking and security brands for distribution in the
(iii) Currently, they operate with a dealer network of around 1600 dealers and through sales representatives. They play the role of an IT Distributor offering the bouquet of services. They act as the link between the IT manufacturers/ developers and end-users and other resellers.
The DC Infotech fulfills the requirement of an organization to set up an Internet network. The moat in the business is very low. The company is buying LAN products from OEMs and installing them at the required locations of the clients. The competition is very high in this sector. Moreover, these days companies have inhouse staff to carry out setting up such a network.
Objects of the DC Infotech and Communication Ltd IPO:
DC Infotech and Communication Ltd IPO Details:
|Open Date:||Dec 12 2019|
|Close Date:||Dec 18 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||10.8 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 45 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Dec 26 2019|
Promoters And Management:
Financials of DC Infotech and Communication Ltd IPO:
Recommendation on DC Infotech and Communication Ltd IPO:
Lead Manager of DC Infotech and Communication Ltd IPO:
Registrar of DC Infotech and Communication Ltd IPO:
Bid Details of DC Infotech and Communication Ltd IPO as on
18-Dec-2019 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|