Dynamic Services & Security Limited IPO Review
The firm was formed in 2016 as a result of the merger of three proprietorship businesses run by Mr Jugal Kishore Bhagat and Mrs Rekha Bhagat. The firm provides a variety of services for the Indian Railway, including Mechanized Cleaning, Catering, Housekeeping, Conservancy Service, Security Service, Catering Services, Contractual Services, Logistics, and other associated services. Dynamic Services also serves the business sector through Logistics Solutions, as well as personnel and other associated services.
| Subscription Dates | 30 September – 5 October 2021 |
| Price Band | INR51 per share |
| Fresh issue | 4,732,000 shares (INR24.13 crore) |
| Offer For Sale | Nil |
| Total IPO size | 4,732,000 shares (INR24.13 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
|
| FY2020 | FY2021 |
Revenue | 43.4 | 46.5 | 7,096.3 |
Expenses | 41.9 | 44.2 | 6,628.0 |
Net income | 0.9 | 1.5 | 103.9 |
Earnings Per Share (EPS): INR1.18
Price/Earnings (PE ratio): 43.14
Return on Net Worth (RONW): 5.4%
Net Asset Value (NAV): INR21.90 per share
| Date | Dynamic Services IPO GMP | Kostak | Subject to Sauda |
Listing Performance of Dynamic Services & Security Limited IPO
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Dynamic Services & Security Limited | Oct 13, 2021 | 51 | – | – |
NSE : NA
ISIN CODE : NA
BSE : NA
Dilip Davda – Avoid
IPO Opening Date: 30 September 2021
IPO Closing Date: 5 October 2021
Finalisation of Basis of Allotment: 8 October 2021
Initiation of refunds: 11 October 2021
Transfer of shares to demat accounts: 12 October 2021
Listing Date: 13 October 2021
Opening Price on NSE: INR53 per share (up 3.92% from IPO price)
Closing Price on NSE: INR53.55 per share (up 5% from IPO price)
Dynamic Services & Security Limited
375, Dakshindari Road,
Kolkata – 700 048, West Bengal
Phone: +91 033-40087463
Email: cs@dynamicservicesandsecurity.com
Website: www.dynamicservicesandsecurity.com
Cameo Corporate Services Limited
Subramanian Building,
1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: cameo@cameoindia.com
Website: http://www.cameoindia.com
| Category | Non-retail | Retail | Total |
| Shares Offered | 2,246,000 | 2,248,000 | 4,494,000 |
| Day 1 | 1.47 | 0.03 | 0.75 |
| Day 2 | 1.47 | 0.42 | 0.90 |
| Day 3 | 1.79 | 0.81 | 1.30 |
| Day 4 | 2.33 | 1.55 | 1.85 |
Dynamic Services & Security Limited IPO FAQ's
The Dynamic Services & Security Limited IPO is a SME IPO of ₹51 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 4,732,000 Eq Shares of ₹10 (aggregating up to ₹24.13 Crore). The initial public offering (IPO) begins on Sep 30, 2021 and ends on Oct 5, 2021.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE, SME.
The Dynamic Services & Security Limited IPO opens on Sep 30, 2021 and closes on Oct 5, 2021.
The Dynamic Services & Security Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalization of Basis of Allotment for Dynamic Services & Security Limited IPO will be done on Oct 8, 2021 and the allotted shares will be credited to your demat account by Oct 12, 2021. Check the Dynamic Services & Security Limited IPO.
The Dynamic Services & Security Limited IPO listing date is on Wednesday, October 13, 2021.
Dynamic Services & Security Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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