DMR Hydroengineering & Infrastructures Rights Issue

DMR Hydroengineering & Infrastructures Limited is offering a rights issue for its existing shareholders. The company issued a total of 189,685 Equity shares with a decided issue price of Rs 140 per share, a total amounting to Rs 2.66 crores.

Meanwhile, the face value is reported as Rs 10 per share. The last date to purchase the shares of DMR Hydroengineering & Infrastructures to get eligible for this rights issue is October 21, 2024. It is important to note that the record date for eligibility is October 22, 2024.

However, Kfin Technologies Limited is appointed as the registrar for this rights issue. If we look at the entitlement ratio, it is mentioned that 1 Rights Equity Share(s) for every 20 fully paid-up Equity Shares held on Record Date. Bidding for this rights issue will be opening from November 14, 2024 till December 03, 2024.

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DMR Hydroengineering & Infrastructures Limited: About the Company

DMR Hydroengineering & Infrastructures Limited is a major public company incorporated on December 15, 2009. The company has its registered office at Faridabad in the Haryana state. It offers comprehensive solutions in various infrastructure services such as hydropower, water resources, and tunneling. The company has witnessed substantial growth with operating revenues between INR 1 crore to 100 crores for the FY ending March 2022 and with exceptional Y-o-Y increase of 18.55% in EBITDA. The project designs that DMR will provide will definitely be sustainable and cost-effective. With this philosophy, it has established itself as a company that is trusted by EPC agencies and public sector undertakings. A strong team of professionals is expected to lead DMR to further expand its footprint in the infrastructure domain while ensuring quality and efficiency in all its projects.

DMR Hydroengineering & Infrastructures Limited: Objectives

The company will utilize the funds raised from the IPO fresh issue to augment the existing and incremental working capital requirement of the company and for general corporate purposes.

Important Dates for DMR Hydroengineering & Infrastructures Rights Issue

Timetable of DMR Hydroengineering & Infrastructures Rights Issue

Financial Performance of DMR Hydroengineering & Infrastructures Limited (Amt in Rs Crore)

For the period ending March 31, 2024, the company saw a 36.52% increase in assets, rising from Rs 6.90 crore to Rs 9.42 crore. Revenue increased by 64.65%, from Rs 4.47 crore to Rs 7.36 crore. PAT showed impressive growth of 98.70%.

Lead manager(s), Registrar of Rights Issue & Letter of Offer

The firm has not yet disclosed the name of the appointed lead manager for the rights issue. On the other hand, Kfin Technologies Limited has been appointed as a registrar for this rights issue. You can check your allotment status here. To read the letter of offer in detail, click here.

FAQs

1. What are the important dates for DMR Hydroengineering & Infrastructures's rights issue?

The important dates include the opening & closing dates of the rights issue November 14, 2024, and December 03, 2024, respectively.

2.  What is the last date for buying shares to get eligible for this rights issue?

To get eligible for the rights issue of DMR Hydroengineering & Infrastructures Limited, an investor can buy its shares till October 21, 2024.

3.  What is the record date for the DMR Hydroengineering & Infrastructures Rights Issue?

The record date, which is the date to determine the shareholder's eligibility for the Rights Issue is October 22, 2024.

4.  How can I apply for the DMR Hydroengineering & Infrastructures Limited Rights Issue?

You can apply for DMR Hydroengineering & Infrastructures Rights Issues 2024 in two ways one is Net Banking (ASBA) and the other is by visiting Registrar's Website (R-WAP Facility).

5.  How can I check the allotment status of the DMR Hydroengineering & Infrastructures Rights Issue?

The registrar for this rights issue is Kfin Technologies Limited. You can check your allotment status here.

6.  From where can I get the Letter of Offer for this Rights Issue?

You can download the Letter of Offer by visiting here.

7.  Where will the DMR Hydroengineering & Infrastructures Rights Issue be listed?

The Rights Issue will be listed on the BSE.

8.  What is the entitlement ratio for the DMR Hydroengineering & Infrastructures Limited Rights Issue?

The entitlement ratio is set at 1 Rights Equity Share(s) for every 20 fully paid-up Equity Shares held on Record Date.

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