Dinesh Engineers Limited IPO Message Board (Page 5)

Small size ipo.
Listing in ' T ' group.

@ Sammy
In T group , intraday trading is restricted for ten days.Buy-Sell or Sell-Buy.
You can only buy on delivery basis or sell if you are allotted in IPO or already have in secondary market.
Here circuit limit is 5 % instead of 20 %.On listing day , soon after listing they can hit upper or lower circuit depending on number of buyers or sellers.Apollo micro, Apex , Astron paper , salazar are some examples of IPO if you remember their listing.Their IPO size is less than 250 cr. In secondary market also there are some stocks which you can see on exchange site.For eg : Bombay Dyeing BSE code : 500020.Check their delivery position.Its always 100 %.i.e stock changes hand to hand.Exchange and SEBI put these stocks in T group to save the interest of investors and to avoid price manipulation from operators/promoters despite having MCap of 250+ cr.

@sj and tsg
Thanks for the info.

Newbie in IPO please give advice should I purchase it?

http://www.depl.co.in/files/DRHP/DEPL%20-%20Draft%20Red%20Herring%20Prospectus.pdf

Last year profits are huge comparatively Last before year ,I hope this note .. please check before investing
.

PAT has increased from 10% in 2016 to 20% in 2018 to the total revenue received.

Co looking decent..
High Growth Co with reasonable valuation...

Price Band - Rs 183 to Rs 185. Bid Lot - 80 shares. Application Amount - Rs 14,800. Issue Size - Rs 185 crores. Retail Size - 43,750 lots.

What is d price band??

Pages 414 & 415 of the RHP has a list of all IPOs lead managed by Hem Securities. Dinesh Engineers seems to be their first Mainline IPO

The first Mainline IPOs from the SME LMs listed well:
Salasar Techno Engineering - Sarthi
Astron Paper & Board Mill - Pantomath
Apollo Micro Systems - Aryaman

Dear Admin,
"Bid/Offer close" wrongly mentioned as Sep 3, 2018 instead of Oct 3. Please correct it.

Dinesh Engineers Limited - Mainline IPO - LM Hem Securities Limited - Opens on 28 September. Closes on 03 October.

Initial public offering of up to 1,00,00,000 equity shares of face value of Rs.10 each

DATE CLASH OF DINESH ENG AND AVAS FINANCIERS ........

WAIT AND WATCH FOR PRICE BAND