Dhruv Consultancy Services Limited IPO Message Board (Page 2)

Hem Even then it will list below issue price.

It is ready for below listing

Big surprise.
allotted 5/5

Congs Man, I got 0.

Congrats. Keep holding this stock.it is a stock that will increase investor wealth

1/1

A Big Zero :(

Just keep holding as this is a portfolio stock and great fundamentals.

This will reward long term investors.

Keep holding this gem. Not sure about listing but long term it's a multibagger. Company has excellent growth prospects

I never hold any stock for longer term in past thirty years. For you i hold till HDFC ASSET MANAGEMENT IPO. Thank you sir. I am very eager in HDFC IPO i purchased HDFC shares in all my family account for applying shareholders quota.

Anyone Bank Of Baroda Amount Got Released ?

Not Alloted 0/1

Allotment out

https://www.linkintime.co.in/IPO/public-issues.html

ALLOTEMENT OUT
NOT ALLOTED

This alloted should hold this as this can be multibagger stock

mitcon is trading at 24 P/E despite declining sales ,profits and ronw.

Dhruv consultancy is available at only 11 P/E and have healthy CAGR OF 56% IN REVENUES AND 72 % IN NET PROFITS WHICH IS spectacular.

Also points to note

1)GOOD ORDER BOOK
2)ITS chairman IS FROM IIT
3)lowest p/e
4)excellent growth in profits

Mr. Anand T. Kusre, aged 64 years, is the Chairman of our Company. He holds a Masters of Technology from
Indian Institute of Technology, Bombay, Maharashtra. He has over 25 years of experience in technology
development and commercialization. He specialises in providing mentorship and guidance to start-ups, organizing
entrepreneurship development programmes and providing consultancy services to small and medium enterprises,
sectoral case studies (especially in the field of bio-technology), covering growth technology issues and policies.


Dr. Pradeep Bavadekar, aged 57 years, is the Managing Director of our Company since 1995 and has greatly
contributed in expanding the business and operations of our Company. He holds a Masters of Business
Administration in Marketing Management and a Ph. D. in Business Administration from University of Pune. He has
over 30 years of work experience in the field of manufacturing, sales & marketing, management and technical
consultancy.



We are accredited with 'CARE-BEE Grade 1' assigned by CARE under ESCO grading of Bureau of Energy
Efficiency indicating a 'very high' ability to carry out energy efficiency audits and undertake energy efficiency
projects. We have also been authorised as an energy audit consultants of Gujarat Energy Development Agency (a
Government of Gujarat organisation) (GEDA), for operating under GEDA's Energy Conservation Activities and
Programs.
Our Company has been awarded a runners-up award at the Maharashtra IT Awards by the Government of
Maharashtra in 2008 and the Incubator Award by Villgro possible in 2010.
Our Company is also accredited for conducting Debt Recovery Agent training by the Indian Institute of Banking and

It is not IIt chairman.read mylast msg properly. It's civil engineer. Also u r trying to compare with artefact project which is loss making and mitcon consultancy which have declining top line and bottom line. Hahahaha .a big joke. U don't know pbv doesn't matter .it's the growth which matter and this company is growing at 78pc profits

what is so funny about IIT chairman

This message has been removed by a moderator.

dhruv consultancy sales and profits have been growing every year and that too around 80%
mitcon consultancy and artefact projects have declining profits

Dhruv consultancy is way ahead

It's a 'cat on the wall' IPO.
Company is showing increasing sales/profit but the D/E ratio too is increasing.
So the returns could be on either side.
I applied for a lot and then withdrawn at last moment.
I will buy it when the D/E comes below 1 and P/B comes below 3 (currently it is at 1.4 and 3.8 respectively).

Retail 2.51X
Overall 2.54X

QIBs      Yes
HNI Subscription      2.27X
Retail Subscription      2.21X
Total Subscription      2.24X

You also applied?

Yes

High risk for those who applied this ipo. All the best.

Now its all about the demand and supply, if not all at least a lot about demand and supply, if there will be good demand on listing day then possible that it may opened much more on premium. Hope for the best.

QIBs      Yes
HNI Subscription      2.72X
Retail Subscription      2.25X
Total Subscription      2.48X

Yes Applied-

02 May 2018 | 04:05:06 PM
Sr.No.      Category      No. of shares bid for
1      Qualified Institutional Buyers (QIBs)      4,20,000
1(a)      Foreign Institutional Investors (FIIs)      50,000
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -
1(c)      Mutual Funds      -
1(D)      Others      3,70,000
2      Non Institutional Investors      51,12,000
2(a)      Corporates      6,52,000
2(b)      Individuals (Other than RIIs)      33,60,000
2(c)      Others      11,00,000
3      Retail Individual Investors (RIIs)      45,92,000
3(a)      Cut Off      22,76,000
3(b)      Price Bids      23,16,000
Total      1,01,24,000

Retail 1.97X
Overall      1.91X

QIB - Yes

Retail 2.04X
Overall      2X