DRA Consultants IPO - Date, Price, Details, Allotment, Listing

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DRA Consultants Limited is set to be listed on the SME platform of BSE Limited with its IPO in coming days. Check for price band and dates of DRA Consultants Limited IPO along with company profile, Allotment Status, Listing Dates, and various other important and relevant details. They have already filed a Draft Prospectus and received the nod for the same from SEBI. The IPO is scheduled for 30 September,2016 with a price band of Rs.10 Per Equity Share. The lot size for applying the IPO is for 10000 shares. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs. Equity shares offering by the bank aggregating up to 2,960, 000 worth Rs.2.96 Crore (Public Offer).

Company Profile:

The Company was incorporated on May 05, 2009, located in Nagpur, India. The company provides engineering consultancy in the country. It is quite good for the field of water supply, wastewater treatment and water monitoring and provides technical , commercial, legal & financial advisory services across sectors with an assignment to set up a reliable water and waste water tariff and bylaws for Urban Local Bodies/Boards. It offers water management consultancy services to the many industries and governments, and municipal corporations along with technical, commercial, legal, and financial advisory services. The company is efficient to play a key role in the area 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. It has finished so many audits work like investment grade water audits and energy audits.

The Business Verticals of the firm is mentioned below:-

Project management
Feasibility Reports /DPRs/ Master Plans
Technical Services -PPP projects
Transaction Advisory Services

Outlook of the Firm:-

Qualified and experienced Management team;
Various Services offering;
Strong and Different types of Users;
Provides Qualititative services;
Training and Technical Staff;
Good Brand values.

Objects Of The Issue:

To fulfill the requirement of working capital;
General Corporate Purpose

Summary Of Issue:

Issue Open:-	30th September to 4th October 2016
Issue Type	Fixed Price Issue IPO
Issue Size (Shares)	[2,960,000]Equity Shares of Rs. 10
Issue Size in (Value)	Rs. 2.96 Crore
Face Value	Rs. 10 Per Equity Share
Issue Price	Rs. 10 Per Equity Shares
Market lots	Rs. 10000 Shares
Minimum Order Quantity	Rs. 10000 Shares
Listing At	BSE SME

The Public offer includes:-29,60, 000 Equity Shares

DRA Consultants Limited IPO Allotment Status

DRA Consultants Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

one can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

Click on the given link See Allotment Status here
Go to Application Status
Select IPO as DRA Consultants Limited IPO
Enter you PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.

The Shares of DRA Consultants are likely to be listed October 12,2016 on both BSE SME.

Promoters Of the Company:

1) Dinesh rathi:- He is 49 years old. He is chairman & Managing director of the company.

2) Uma Rathi:- She is 46 years old. She is the director of the company.

Financials:

Particulars		For the year/Period ended (Rs. in Lakhs)
Financial Year	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Liabilities	1338.56	1098.99	1043.40	1058.89	501.88
Total Assets	1338.56	1098.99	1043.40	1058.89	501.88
Total Revenue	1651.39	1001.96	995.21	1212.38	790.01
Total Expenses	1338.29	824.29	739.61	957.01	625.40
Profit After Tax (PAT)	209.53	119.30	135.38	171.35	111.12