Dynamic Services and Security IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Dynamic Services and Security
- Important Details – Dynamic Services and Security
- Objects of the Issue
- Dynamic Services and Security Limited Financials:
- Dynamic Services and Security IPO Price – Details
- Dynamic Services and Security IPO DRHP & RHP
- Dynamic Services and Security IPO Lot Size
- Dynamic Services and Security IPO Lead Managers
- Dynamic Services and Security Registrar
- Company Peers – Comparison of Accounting Ratios
- Dynamic Services and Security IPO Allotment Date, Listing Date and other Important Dates
- Company Registered & Corporate office
- Company Promoters
- Dynamic Services and Security IPO – FAQS
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.
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
| Date | Details |
|---|---|
| November 22, 2016 | The company was originally incorporated as a Private Limited Company “Dynamic Services & Security Private Limited” Kolkata, West Bengal |
| July 13, 2020 | The 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 Issue | Initial Public Offer of up to 47,32,000 Equity Shares of ₹ 10 (aggregating up to ₹ 2413.32 lakhs) |
| Issue Open Date | 30-Sep-21 |
| Issue Close Date | 05-Oct-21 |
| Issue Type | Fixed 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 Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | DYNAMIC |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Dynamic Services and Security IPO DRHP & RHP
Dynamic Services and Security IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,02,000 |
| Maximum | 1 | 2000 | ₹ 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
| Details | Date |
|---|---|
| Bid / Offer Opens on | 30-Sep-21 |
| Bid / Offer Closes on | 05-Oct-21 |
| Finalisation of Basis of Allotment | 08-Oct-21 |
| Initiation of refunds | 11-Oct-21 |
| Credit of the Equity Shares | 12-Oct-21 |
| Commencement of trading – Listing | 13-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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