Diggi Multitrade IPO

Diggi Multitrade IPOBusiness description – Diggi Multitrade was initially engaged in the business of carrying on trading activities by dealing in stock market in all kinds of securities and other financial products. It began investing and trading in equity shares (quoted and non-quoted), derivatives and other financial products. In the year 2013-2014, the company forayed in the business of trading in fabrics, real estate and allied activities and construction material.

The company is currently engaged in trading in real estate by way of acquiring interests in various real estate projects such as flats and land where it typically purchases the flat from the builders and sells to a third party at a price higher than the price originally paid to the builder. Also, it is involved with dealing in construction material which it procures at the prevailing market prices and sells the same at a profit margin in the range of approximately 5% to 10%.

Promoters of Diggi Multitrade – Mr Varun Dhandh, Mr Girdhari Lal Sharma, Mr Anil Kumar Patni and Girdhari Lal Sharma (HUF)

Diggi Multitrade IPO details
Subscription Dates 11 – 14 Dec 2017
IPO Price band INR13 per share
Fresh issue 2,600,000 shares (INR3.38 crore)
Offer for sale Nil
Total IPO size 2,600,000 shares (INR3.38 crore)
Minimum bid (lot size) 10,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Diggi Multitrade’s financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 H1 FY2018
Total revenue 1.1 60.3 206.9 100.3 187.6 183.1
Total expenses 1.0 57.8 201.9 103.9 178.7 144.9
Profit after tax 0.1 1.7 3.4 -2.5 6.1 24.4

Diggi Multitrade Limited
D-106, Crystal Plaza
Opposite Infiniti Mall, Link Road
Andheri (W), Mumbai – 400 053

Phone: +91 22 2674 4365
Email: [email protected]
Website: www.diggimultitrade.com

Day Subscription (no. of times)
Day 1 0.13
Day 2 0.23
Day 3 0.53
Day 4 2.01

Earnings Per Share (EPS): INR0.09

Price/Earnings (P/E) ratio: 144.44

Return on Net Worth (RONW): 0.86%

Net Asset Value (NAV): INR10.12 per share

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011

Phone: +91 22 2301 6761
Fax: +91 22 2301 2517
Email[email protected]
Website: www.purvashare.com

Diggi Multitrade IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

IPO Opening Date: 11 December 2017

IPO Closing Date: 14 December 2017

Listing Date: 22 December 2017

Listing Price on BSE SME: INR13.25 per share (up 1.92% from IPO price)

Closing Price on BSE SME: INR13.03 per share (up 0.23% from IPO price)


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