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Dev Information Technology IPO
Dev Information Technology is engaged in the business of providing a range of Information Technology (IT) solutions. It provides various information technology and consultancy services, including enterprise solutions, e-governance solutions, ERP and CRM Implementation, IT – infrastructure services, website development, web hosting solutions and licensing solutions. The company is also into custom software development with well-defined processes to support its clients and partners in –web portals, web & mobile applications, responsive websites, their SEO & Social Media Marketing as well as Microsoft Dynamics ERP and CRM. In addition to above, Dev Information Technology also provides end-to-end IT services with strong managed IT team.
The company can help its clients with planning, architecting, setup & implementation, migration, management & support of IT infrastructure. It has also completed an e-governance project in Guyana, South America as well as served many overseas and local private sector enterprise projects. DEV IT is headquartered in Ahmedabad and has its branch offices in Ahmedabad, Pune and Jaipur.
Promoters of Dev Information Technology – Jaimin Jagdishbhai Shah, Pranav Niranjanbhai Pandya, Amisha Jayminbhai Shah, Kruti Pranav Pandya, Jaimin Jagdishbhai Shah (HUF) and Pranav Niranjan Pandya (HUF)
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Dev Information Technology IPO details |
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| Subscription Dates | 31 Mar – 6 Apr 2017 |
| IPO Price band | INR42 per share |
| Fresh issue | 1,488,000 shares (INR6.25 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,488,000 shares (INR6.25 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge platform |
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Dev Information Technology’s financial performance (in INR crore) |
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| FY2013 | FY2014 | FY2015 | FY2016 | 6M FY2017 | ||
| Total revenue | 43.3 | 57.6 | 46.0 | 46.4 | 20.0 | |
| Total expenses | 41.0 | 54.4 | 42.2 | 41.2 | 17.2 | |
| Profit after tax | 0.6 | 1.1 | 1.3 | 2.0 | 1.2 | |
Dev Information Technology Limited
14, Aaryans Corporate Park, Nr. Shilaj Railway Crossing Thaltej
Ahmedabad, Gujarat-380059
Phone:Â +91 79 2630 4241
Email: [email protected]
Website:Â www.devitpl.com
| Day |
Subscription (no. of times) |
| Day 1 | Â 1.26 |
| Day 2 | Â 2.50 |
| Day 3 | Â 11.79 |
| Day 4 | Â 74.16 |
Dev Information Technology IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo
Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India
Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: [email protected]
Website: http://www.linkintime.co.in
IPO Opening Date: 31Â March 2017
IPO Closing Date: 6 April 2017
Listing Date:Â 17 April 2017
Listing Price on NSE SME: INR50.4 (up 20% from IPO price)
Closing Price on NSE SME: INR50.4 (up 20% from IPO price)
Earnings Per Share (EPS): INR7.45
Price/Earnings (P/E) ratio:Â 5.64
Return on Net Worth (RONW): 18.81%
Net Asset Value (NAV): INR217.71 per share
is this good ipo for investment ??
Ya it’s good for ipo
Nice addition of valuation in SME IPOs. Dev looks a clear buy, looking at these numbers…
asba se invest kar sakte hai issko kya ????
online investment ka koi tarika batao issmein ho nahi raha
thx in advance
Yes bank and Axis bank netbanking offer online applications in SME IPOs. I’ve never used them but you can try these out.
thx for reply
but mere pass oriental bank ka hi account hai
plz help
Bank of Baroda provide sme IPO subscription facility.first you can register your demat account and then apply from BOB.
Good investment but 1.26 Lacs investment is a very high amount in SME IPO.
Anybody’s know gmp for focus lighting and Dev?
Dev information ma Applied Karai ke Nahi?
Bindass apply karo
Itna sasta kuch nahin hai is mkt mein
Den info gmp rate ?
dev infra allotment date
grey premium is Rs. 10 in dev IT
That’s great now waiting for allotment
Dev Information Technology IPO ALLOTMENT KAB HAI ????????
kab tak allotment ane ki date he
Kab ayega allotment. It is too late Link Intime is taking too long
Aa gaya allotment and I got nothing
Dev IT 0 Alloted
All those who got the allotment, now enjoy. Upper circuit on monday
Fair value 125 hai. Ispe daily UC lagega…
As I said it is hitting upper circuit everyday. Buy Buy Buy