Dynamic Services IPO description – The company was established in 2016 following the integration of three proprietorship concerns operated by Mr Jugal Kishore Bhagat and Mrs Rekha Bhagat. The company offers a host of services including Mechanized Cleaning, Catering, Housekeeping, Conservancy Service, Security Service, Catering Services, Contractual services, Logistics and other related services for Indian Railway. Dynamic Services also caters to corporate sector through Logistics Solutions along with manpower services and other related services.
Promoters of Dynamic Services – Mr Jugal Kishore Bhagat and Mrs Rekha Bhagat
Dynamic Services IPO details
| Subscription Dates | 30 September – 5 October 2021 |
| Price Band | INR51 per share |
| Fresh issue | 4,732,000Â shares (INR24.13 crore) |
| Offer For Sale | Nil |
| Total IPO size | 4,732,000Â shares (INR24.13 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Dynamic Services Financial Performance (in INR lakhs)
| Â | FY2019 | FY2020 | FY2021 |
| Revenue | 43.4 | 46.5 | 7,096.3 |
| Expenses | 41.9 | 44.2 | 6,628.0 |
| Net income | 0.9 | 1.5 | 103.9 |
More about Dynamic Services Public Offer
Dynamic Services IPO RHP
Dynamic Services DRHP
Dynamic Services IPO Allotment Status
Registrar of Dynamic Services Offer
Cameo Corporate Services Limited
Subramanian Building,
1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email:Â [email protected]
Website:Â http://www.cameoindia.com
Dynamic Services Contact Details
Dynamic Services & Security Limited
375, Dakshindari Road, Kolkata – 700 048, West Bengal
Phone:Â +91 033-40087463
Email:Â [email protected]
Website:Â www.dynamicservicesandsecurity.com
Valuation of Dynamic Services (as of FY2021)
Earnings Per Share (EPS): INR1.18
Price/Earnings (PE ratio): 43.14
Return on Net Worth (RONW): 5.4%
Net Asset Value (NAV): INR21.90 per share
Dynamic Services IPO GMP Daily Trend
| Date | Dynamic Services IPO GMP | Kostak | Subject to Sauda |
Dynamic Services IPO Subscription Details (no. of times)
| Category | Non-retail | Retail | Total |
| Shares Offered | 2,246,000 | 2,248,000 | 4,494,000 |
| Day 1 | 1.47 | 0.03 | 0.75 |
| Day 2 | 1.47 | 0.42 | 0.90 |
| Day 3 | 1.79 | 0.81 | 1.30 |
| Day 4 | 2.33 | 1.55 | 1.85 |
Dynamic Services Offer Allotment Status
Dynamic Services IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.Â
Listing Performance of Dynamic Services & Security
IPO Opening Date: 30 September 2021
IPO Closing Date: 5 October 2021
Finalisation of Basis of Allotment: 8 October 2021
Initiation of refunds: 11 October 2021
Transfer of shares to demat accounts: 12 October 2021
Listing Date: 13 October 2021
Opening Price on NSE: INR53 per share (up 3.92% from IPO price)
Closing Price on NSE: INR53.55 per share (up 5% from IPO price)
Dynamic Services IPO FAQs
What are investors portions in Dynamic Services Public Offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in Dynamic Services Public Offer?
The best way to apply in Dynamic Services IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Dynamic Services Offer Size?
Dynamic Services offer size is INR24.13 crores.
What is Dynamic Services IPO Price Band?
Dynamic Services Offer Price is INR51 per share.
What is the lot size of Dynamic Services IPO?
Dynamic Services IPO lot size and the minimum order is 2,000 shares.
