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DRA Consultants Ltd IPO (DRA Consultants IPO) Detail

September 30, 2016 - October 4, 2016

DRA Consultants IPO is a fixed price issue of Rs 2.96 crores.

DRA Consultants IPO bidding started from September 30, 2016 and ended on October 4, 2016. The shares got listed on BSE SME on October 13, 2016.

DRA Consultants IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the DRA Consultants IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to DRA Consultants IPO RHP for detailed information.

DRA Consultants IPO Details

IPO Date September 30, 2016 to October 4, 2016
Listing Date October 13, 2016
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size2,960,000 shares
(aggregating up to ₹2.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue8,010,000
Share holding post issue10,970,000

DRA Consultants IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About DRA Consultants Ltd

Incorporated in 1990, DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

DRA is also involved in the preparation of master plans, feasibility reports, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plans, cost control, project schedules, commissioning, trial runs, performance monitoring, etc. Visit chittorgarh.com for more detail.In addition, it conducts energy audits and prepares investment grade energy efficiency projects from concept to commissioning; and offers engineering services in the field of industrial utilities design, piping, flow audits, field investigations, GIS, surveys, etc.

Objects of the Issue (DRA Consultants IPO Objectives)

The object of the issue are to:

1. Working capital requirements;
2. General corporate purpose.

DRA Consultants IPO Review (Apply)

[Dilip Davda]  Investors may consider investment for short to long term in this at par IPO. Read detail review...

DRA Consultants IPO Prospectus

DRA Consultants IPO Rating

19
3.5
Rating:Rated 3.5 stars
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DRA Consultants IPO Listing Details

Listing Date October 13, 2016
BSE Script Code 540144
NSE Symbol
ISIN INE746V01016
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹12.00
₹12.00
₹12.00
₹12.00

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DRA Consultants Ltd Contact Details

DRA Consultants Ltd
Plot No 58,
Ingole Nagar,
Wardha Road, Nagpur-440005
Phone: +91 712 3027575
Email: investors@dineshrathi.com
Website: http://www.dra.net.in

DRA Consultants IPO Registrar

DRA Consultants IPO - Buy or Not

DRA Consultants IPO Recommendation Summary

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DRA Consultants IPO FAQs

DRA Consultants IPO is a SME IPO of 2,960,000 equity shares of the face value of ₹10 aggregating up to ₹2.96 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on September 30, 2016, and closes on October 4, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The DRA Consultants IPO opens on September 30, 2016 and closes on October 4, 2016.

DRA Consultants IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in DRA Consultants IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for DRA Consultants IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the DRA Consultants IPO allotment status.

The DRA Consultants IPO listing date is on October 13, 2016.
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DRA Consultants IPO Message Board

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101 Comments

44. Logical Mind. |   Link |  Bookmark |November 10, 2016 4:37:23 PM
Due to Bank rush date change possible

listing near 95 to 100
43. Slowrocket |   Link |  Bookmark |October 31, 2016 1:02:25 AM
Dinero finance nd investment bought 150000 shares of DRA through bulk deal
They r very big nd long term investor
There pic were
Dynemic products
Dr Agarwal
Paushak Ltd all were multi bagger retyrns
43.5. Slowrocket |   Link |  Bookmark |November 2, 2016 12:19:52 AM
I don''t know
But anup m shah he''s related to DSP black rock fund
43.6. Slowrocket |   Link |  Bookmark |November 2, 2016 12:20:46 AM
He bought 100000 shares in bulk
42. niceplaywins |   Link |  Bookmark |October 24, 2016 10:19:51 PM
can dra cross RS 39 till December 2016 if yes then what exactly the logic is as per BSE site the quarterly circuit is Rs 39 and if take oct to dec as a quarter then I think it should not ..... please clarify
42.1. TheLearner |   Link |  Bookmark |October 25, 2016 12:15:15 AM
I DON''T THINK THERE IS ANYTHING LIKE QUARTERLY CIRCUIT
42.2. Manipo |   Link |  Bookmark |November 5, 2016 12:09:33 PM (200+ Posts)
Daily effective circuit is minimum of ( daily circuit, monthly , quarterly and annual circuits)
So yes DRA can''t cross 39 till Dec 2016
41. niceplaywins |   Link |  Bookmark |October 24, 2016 10:15:03 PM
can anyone please explain how circuit system works in sme in detail ( monthly, yearly etc ). How vidli crossed 90 Rupess within 9 months & breached the yearly circuit.
40. Slowrocket |   Link |  Bookmark |October 19, 2016 6:15:25 PM
Big MKT cap needed to bid big projects
For reputation
100rs very short
39. AKMP |   Link |  Bookmark |October 18, 2016 11:05:08 AM
LOOK OUT BUYERS ARE DECREASING.
39.6. Slowrocket |   Link |  Bookmark |October 22, 2016 4:41:58 PM
This co can go up to 3 figure easyly
39.7. Slowrocket |   Link |  Bookmark |October 22, 2016 4:42:01 PM
This co can go up to 3 figure easyly
38. AKMP |   Link |  Bookmark |October 18, 2016 10:06:15 AM
Dear learner first let cross the hurdle of 12
Then will talk of 16
38.1. AKMP |   Link |  Bookmark |October 18, 2016 10:21:56 AM
DEAR LEARNER AND STOCKT please request MARKET MAKER for trade otherwise 16 and 100 will never come.

looks like there will be no trade today also
38.2. STOCKT |   Link |  Bookmark |October 19, 2016 1:32:12 AM
hahah trade is executed and that too only 1 lot.

it shows everyone interested to buy and no one wants to sell.
37. AKMP |   Link |  Bookmark |October 18, 2016 10:03:48 AM
There will be no rally without any trade

WAKE UP MARKET MAKER
36. AKMP |   Link |  Bookmark |October 18, 2016 10:01:31 AM
No stockt. I am just saying with no trades it can''t move even beyond 12.
No liquidity.
No trade no price increase
35. AKMP |   Link |  Bookmark |October 17, 2016 5:07:01 PM
This is the problem with SME ipos . LIQUIDITY LIQUIDITY AND LIQUIDITY. People are trap in bad as well as good stocks due to lack of any trade as well as wide difference between buy and sell prices.

SO APPLY WITH CARE IN SME IPOS
35.7. AKMP |   Link |  Bookmark |October 21, 2016 10:38:36 AM
DEAR STOCKT ,
kindly please enlighten my knowledge. the circuits of yesterday and today are same. the monthly quarterly and yearly circuits are not changing even with price increase of share .
so according to it maximum price at 1 month is around 25 and year is 65 from listing date
35.8. STOCKT |   Link |  Bookmark |October 24, 2016 5:37:31 PM
THIS FIGURES ARE ALL INCORRECT.

pLEASE CHECK THE MONTHLY ONE IS LOWER THAN QTR FIGURES WHICH IS NOY POSSIBLE.

Please wait for some time i would show you it reaching 65 in months itself
34. AKMP |   Link |  Bookmark |October 17, 2016 4:35:44 PM
a bse script Elcid investement bse code 503681 now trading at 2.85 has shown frustrated trade 0f 1500 shares after 3 years when it is said that share is worth in high 5 figures (more than 10000). though fundamental of this share is not penny of above share it seems like greed will prevail and people will be trapped for ages.

NO EXIT
33. Manipo |   Link |  Bookmark |October 17, 2016 4:34:05 PM (200+ Posts)
So again no trades in DRA consultant today. Very irresponsible on the part of market maker.
32. AKMP |   Link |  Bookmark |October 17, 2016 4:25:01 PM
forget 100 even 15 will be difficult due to greed. market maker should sort this out
32.1. TheLearner |   Link |  Bookmark |October 18, 2016 7:16:01 AM
I AM READY TO PURCHASE AT 16 SELL UR STAKE TO ME
31. AKMP |   Link |  Bookmark |October 17, 2016 4:23:24 PM
it seems like allotee will be trap for ever
30. AKMP |   Link |  Bookmark |October 17, 2016 4:21:07 PM
every allottee is trap. no exit as greed has overtaken sound thinking. no one can eat and no one can spit
29. AKMP |   Link |  Bookmark |October 17, 2016 4:18:46 PM
people are trap. greedy will not sell and price will never move from here
28. KAJLA |   Link |  Bookmark |October 17, 2016 3:22:48 PM
VALIANT ORG GIVES 44% IN 2 DAYS
27. KAJLA |   Link |  Bookmark |October 17, 2016 3:20:01 PM
DRA NOT MOVING ABOVE 14.4
27.1. KAJLA |   Link |  Bookmark |October 17, 2016 3:21:00 PM
??? NO TRADING ??
26. VarnIRAJ |   Link |  Bookmark |October 14, 2016 8:19:59 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Which target from dra ?
hold or sell ?
26.1. Slowrocket |   Link |  Bookmark |October 15, 2016 6:05:49 PM
Even 100 is small for co like this they r into water nd sewerage consultancy where almost 70â„…of villages still required
25. Manipo |   Link |  Bookmark |October 14, 2016 6:17:10 PM (200+ Posts)
For the first time I have seen not a single lot being sold inspite of 20% circuit.
Last tiem I saw this in lancer containers but at that time circuit was 5% only.

I think market maker should have sold 1 lot. Tomorrow circuit limit will be 14.4 only
25.1. Slowrocket |   Link |  Bookmark |October 14, 2016 6:25:25 PM
They know that this going to b more then 100 slowly slowly
25.2. NKD |   Link |  Bookmark |October 14, 2016 9:03:02 PM
@Slowrocket :-) thats why peoples are not selling the shares and there is no trade today...