DU Digital Technologies Limited IPO Details

DU Digital IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

About DU Digital Technologies

The company started its operations in the year 2015 and since then has been in the business of providing Visa Processing Services to embassies of various countries. The company manage human interface between the visa applicant and the technical visa processing unit of the embassy of the Country for which they are awarded the contract or subcontract.

The company’s role is administrative and nonjudgmental tasks related to visa application, digitalization, document verification and biometric data collection for its customers. This in turn enables the respective government authorities to focus entirely on the critical task of assessment. DU Digital does not play any part in the decision-making process behind visa approvals being granted or denied. Currently DU Digital is providing human interface of visa processing services for Greece and Malaysia in and for India by way of various sub-contracts awarded to the company and its subsidiaries.

The services under these contracts include

i) Accepting documents on behalf of the Ministry and facilitate the Ministry.
ii) Attestation services
iii) Collection of finger prints, facial photo, retina scan, etc. with/without passport processing.

Along with this DU Digital also offer Value Added Services (VAS) to support applicants. These include but are not limited to: Premium Lounge, Prime time application, Mobile Biometrics, Form Filling, SMS alert, Courier services etc

Important Details – DU Digital Technologies

DateDetails
December 27, 2007The company was incorporated as Diva Envitec Filtration Technologies Private Limited
January 19, 2009For business and commercial reasons, the name of the company was subsequently changed from “Diva Envitec Filtration Technologies Private Limited” to “DU Digital Technologies Private Limited”.
May 12, 2018The company was converted from private limited company to public company name and the name of the Company was changed from “DU Digital Technologies Private Limited” to “DU Digital Technologies Limited”

Objects of the Issue

  • To meet Working Capital requirements
  • To make investment in our Subsidiary Company, Dudigital Global LLC
  • General Corporate Purpose
  • To meet issue expenses

DU Digital Technologies Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 391.41 772.23 1,202.79
Total income 226.78 3,206.44 3,747.93
Profit After Tax 10.53 (23.81) 70.62

DU Digital Technologies IPO Price – Details

DescriptionDUDIGITAL IPO Details
Public IssuePublic Offer of upto 6,90,000 Equity Shares (Including market maker portion of 38,000 shares) aggregating upto Rs.448.50 Lakhs
Issue Open  Date12-Aug-21
Issue Close Date16-Aug-21
Issue TypeFixed Price
IPO Price Band₹ 65
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolDUDIGITAL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

DU Digital Technologies IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,30,000
Maximum12000₹ 1,30,000

DU Digital Technologies IPO Lead Managers

  • Hem Securities Limited

DU Digital Technologies Registrar

  • Bigshare Services Private Limited

Company Registered Office

C-4 SDA Community Centre Hauz Khas,
New Delhi, 110016,
Delhi, India
Website: www.dudigitalglobal.com

Company Promoters

  • Mr. Rajinder Rai

DU Digital IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on12-Aug-21
Bid / Offer Closes on16-Aug-21
Finalisation of Basis of Allotment20-Aug-21
Initiation of refunds 23-Aug-21
Credit of the Equity Shares24-Aug-21
Commencement of trading – Listing25-Aug-21

DU Digital Technologies IPO – FAQS

When DU Digital Technologies IPO will open ?

The DU Digital Technologies IPO opens on Aug 12, 2021 and closes on Aug 16, 2021

What is the lot size of DU Digital Technologies IPO ?

The DU Digital Technologies IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

What is the price band for DU Digital Technologies IPO ?

The DU Digital Technologies IPO price band at ₹ 65 per share

Who is the Registrar for DU Digital Technologies IPO ?

The Registrar is Bigshare Services Private Limited

How to apply in DU Digital Technologies IPO through UPI?

Check the step by step process here – Click here

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