DC Infotech and Communication Limited
IPO Details
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DC Infotech and Communication Limited's completed its IPO journey with a successful listing on NSE on Dec 27, 2019. The public offering mobilized 24,00,000 Shares in total capital, comprising TBD in fresh equity.
The offering was conducted within the price band of ₹45 to ₹45, with minimum application lots of 3000 shares. Investor participation during the Dec 12, 2019 to Dec 18, 2019 subscription window determined the final allocation pattern.
The basis of allotment was announced on Dec 24, 2019, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
DC Infotech Ltd, founded in 1998 and headquartered in Mumbai, is engaged in the reselling and distribution of computers and related IT products, operating a wide distribution model that covers multiple brands and technology solutions. The company offers products and services across networking, security systems, firewalls, virtualization, broadband, surveillance, wireless solutions, digital signage, power systems, cloud security, network performance, and enterprise security. Acting as a key link between IT manufacturers, resellers, and end users, DC Infotech supports demand generation, after-sales service, and logistics through a nationwide network of around 1,600 dealers, two offices in Maharashtra, and eight warehouses across different states in India.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Offers complete end-to-end services
- Presence across all parts of India
- Strong logistics and delivery system
- Works with trusted long-term vendors
- Provides a wide variety of products
NA
- Mr. Chetankumar Timbadia
- Mr. Devendra Sayani
DC Infotech and Communication Limited
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