DRS Dilip Roadlines Limited IPO
(i) DRS Dilip Roadlines Limited was incorporated on July 10, 2009. The company is engaged in the business of providing high-quality logistics services including Transportation, Packing & Moving and Warehousing.
(ii) DRS Dilip Roadlines Limited are surface transporters and provide only goods transportation services. They provide Full truck loaded ‘FTL’ services to all their customers for transporting goods.
(iii) As on July 15, 2018, they operate and own a fleet of 301 trucks in the name of their Company, have 199 vehicles from there group and have the capacity to hire 450 vehicles. They operate through different types of closed container trucks on the basis of size and capacities. The variety of goods transportation vehicles in their fleet also enables to serve a diverse mix of consignments.
(iv) There packing and moving business is carried under the brand name of ‘Agarwal Packers and Movers’ which has become a renowned name in household relocation across the country. However, the brand ‘Agarwal Packers and Movers’ is shared by their relatives Ramesh Agarwal & family and Rajender Agarwal & family. The Company Law Board, Chennai has permitted the use of brand ‘Agarwal Packers and Movers’ vide its order dated November 17, 2014, to them and our relatives. Since then they operate their packing and moving business under the brand Agarwal Packers and Movers.
(v) For packing and moving services the Company owns composite container vehicle specially designed to suit the household shifting called ‘CHAPP VAN’ (Car, Households, Artifacts, Plants and Pets). This new-concept composite container vehicle supports transport of Car, Household, Artifacts, Plants, and Pets all in one i.e. there is space demarcated for each and every item and ensures better safety and ease of handling varied items. The brand Agarwal Packers and Movers (DRS Group) has been recognized by Limca Books of Records, for CHAPP VAN.
(vi) Revenue from operations for the financial year ending 2015-16, 2016-17 and 2017-18 are 15,302.34 lakhs,14,165.40 lakhs, and 14,248.65 lakhs respectively.
(vii) The Net Profit after tax for the above mentioned periods i.e. in the last 3 years is 50.00 lakhs in F. Y. 2015-16, 108.18 lakhs in F. Y. 2016-17 and 345.39 lakhs in F.Y. 2017-18 as per our Standalone Restated Financial Statements.
- Open: 75.60
- High - Low: 75.60 - 75.15
- Previous Close: 75.60
- Total Traded Volume: 396800
- Updated On: 14-Dec-2018
Objects of the DRS Dilip Roadlines Limited IPO:
DRS Dilip Roadlines Limited IPOare: (a) Repayment of Unsecured Loans (b) Setting up Additional Warehouse in the state of Telangana (c) Acquiring Additional Branches for Expansion of business (d) Part repayment of our Cash Credit facilities (e) Part repayment of our term loans and (f) General Corporate Purposes
DRS Dilip Roadlines Limited IPO Details:
|Open Date:||Nov 27 2018|
|Close Date:||Nov 30 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 75 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Dec 10 2018|
Promoters And Management:
Financials of DRS Dilip Roadlines Limited IPO:
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Recommendation on DRS Dilip Roadlines Limited IPO:
Lead Manager of DRS Dilip Roadlines Limited IPO:
Registrar of DRS Dilip Roadlines Limited IPO:
Bid Details of DRS Dilip Roadlines Limited IPO as on
30-Nov-2018 18:00:00 IST
|Category||No.of shares offered||No. of shares bid|