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Dynamic Services and Security IPO Details

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Dynamic Services and Security IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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Subscription Status

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About Dynamic Services and Security

The company was established in the year 2016 by Mr. Jugal Kishore Bhagat, along with Mrs. Rekha Bhagat, Promoters of the company with a vision to build a professional organization with a corporate set up in the service sector. Prior to this, Mr. Jugal Kishore Bhagat was operating his business under a proprietorship concern namely M/s. Dynamic Services, since 2008 and was carrying on the business of manpower services particularly in the field of Mechanized Cleaning, Catering, Housekeeping, Conservancy Service, Security Service, Catering Services, Contractual services, Logistics and other related services majorly for Indian Railway and other Reputed Government Organisations on a pan India level over the last ten years.

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Mrs. RekhaBhagat, other promoter was operating under the proprietorship concern i.e., M/s. Dynamic Enterprises, since 2010 onwards wherein the principal business was into providing Logistics Solution along with manpower services and other related services for varied corporate sectors.

Mrs. Rekha Devi Bhagat was operating under the proprietorship concern M/s. Global Services since 2012 and doing the business of Logistics Solutions along with manpower services and other related services for varied corporate sector.

In view of the similar kind of business activities undertaken in each of the proprietorship concerns and also separate banking limits taken in each of the entities and separate resources being deployed for the similar activities, envisaged the need to integrate all such business activities into a one single entity and accordingly in the year 2019 by way of Business Transfer Agreement (BTA) dated 30th June 2019 all the assets and liabilities including the business of the three proprietorship entities were transferred to the company namely M/s. Dynamic Services and Security Limited on a going concern basis.

Due to ongoing government contracts which were already under progress and the same were continued in the name of the proprietorship concern till completion of the respective projects and the accounting of the respective assets, liabilities, revenue and expenses were done in the name of the Company.

Important Details – Dynamic Services and Security

DateDetails
November 22, 2016The company was originally incorporated as a Private Limited Company “Dynamic Services & Security Private Limited” Kolkata, West Bengal
July 13, 2020The company was converted into Public Limited Company and the name of the company was changed to “Dynamic Services & Security Limited” consequent upon conversion from Private Company to Public Company

Objects of the Issue

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposes

Dynamic Services and Security Limited Financials:

Summary of financial Information (Restated Consolidated Statement

Particulars For the year ended (₹ in Millions)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 710.57 816.21 480.91
Total income 709.63 4.65 4.34
Profit After Tax 10.39 0.15 0.09

Dynamic Services and Security IPO Price – Details

Details DYNAMIC IPO Details
Public IssueInitial Public Offer of up to 47,32,000 Equity Shares of ₹ 10 (aggregating up to ₹ 2413.32 lakhs)
Issue Open  Date30-Sep-21
Issue Close Date05-Oct-21
Issue TypeFixed Price
IPO Price Band₹ 51
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 SymbolDYNAMIC
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Dynamic Services and Security IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,02,000
Maximum12000₹ 1,02,000

Dynamic Services and Security IPO Lead Managers

  • Finshore Management Services Private Limited

Dynamic Services and Security Registrar

  • Cameo Corporate Services Limited

Company Peers – Comparison of Accounting Ratios

  • The company believe that none of the listed companies in India offer products or services across the various business segments in which the company operate. Hence a strict comparison is not possible

Dynamic Services and Security IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Sep-21
Bid / Offer Closes on05-Oct-21
Finalisation of Basis of Allotment08-Oct-21
Initiation of refunds 11-Oct-21
Credit of the Equity Shares12-Oct-21
Commencement of trading – Listing13-Oct-21

Company Registered & Corporate office

375, Dakshindari Road,
Kolkata – 700048,
West Bengal, India.
Website: www.dynamicservicesandsecurity.com

Company Promoters

  • Mr. Jugal Kishore Bhagat
  • Mrs. Rekha Bhagat
  • Mrs. Rekha Devi Bhagat

Dynamic Services and Security IPO – FAQS

What is the Dynamic Services and Security IPO Price?

The Dynamic Services and Security IPO price band is 51 per share

When Dynamic Services and Security IPO will open?

The Dynamic Services and Security IPO opens on Sep 30, 2021 and closes on Oct 05, 2021

What is the lot size of Dynamic Services and Security IPO?

The Dynamic Services and Security IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Dynamic Services and Security IPO?

The Registrar for Dynamic Services and Security IPO is Cameo Corporate Services Limited

How to apply in Dynamic Services and Security IPO through UPI?

Check the step by step process here – Click here

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