DMR Hydroengineering & Infrastructures Ltd

About the Company:

DMR Hydroengineering & Infrastructures Ltd is engaged in the business of providing engineering consultancy and due diligence services to hydropower, dams, roads and railway tunnels.

The services offered by the Company include entire life cycle of projects covering design & engineering, due diligence & regulatory, bid management & construction
engineering and quality & inspection.

Domestically, company has presence across 11 states and internationally provide services to over 5 countries including Nepal, Nigeria, Dubai, Germany and Senegal.

For the financial years ending 2021, 2020 and 2019, company’s revenue from exports contributed 29.31%, 33.80% and 9.52% respectively of revenue from operations.



Company offers Hydro Engineering and Infrastructure services:

  • Strategic Advisory,
  • Due Diligence Studies.
  • Project Viability Analysis.
  • Cost Benefit Analysis, Risk Analysis.
  • Regulatory Approvals, Monitoring and Evaluation.
  • Geological Studies, Hydrological Studies, Hydraulic Studies.
  • Geotechnical Design of Surface and Underground Structures.
  • Rate Analysis and Cost Estimates, Contract Management.
  • Procurement Management, Project Management, Project Commissioning.
  • Completion Report, QA/QC plans, Quality Assurance at Site.
  • Pre-Dispatch Inspection, Third Party Inspection, Safety Inspection.




Geographical presence in both domestic and international markets:

Company deals in Business to Business (B2B) category and caters to both domestic and international markets.

Domestically, company has presence across 11 states such as Uttar Pradesh, Himachal Pradesh, Delhi, Noida, Arunachal Pradesh, Uttarakhand, Telangana, Odisha, Maharashtra, Rajasthan, and Punjab.

Internationally, company has executed assignments in around 5 countries including Nepal, Nigeria, Dubai, Germany and Senagal.



Plans to Expand international presence.

Company is currently providing services to over 5 countries including Nepal, Nigeria, Dubai, Germany and Senegal.

As a business strategy, company intends to widen the reach by increasing international presence and have already submitted bids and entered into contracts for providing consultancy services in Lebanon, South Sudan, Afghanistan and Dubai.



Focus on further diversifying our services in Mechanical, Electrical, Automation, IT and Technology areas.

Company intends to expand services portfolio in Mechanical, Electrical, Automation, IT and Technology areas, in addition to the civil engineering services to the assignments which company is presently providing for infrastructure projects,

Company intends to expand services portfolio in Mechanical, Electrical, Automation, IT and Technology areas. company believes that this approach will consolidate the technical strength and delivery capabilities which will result in increased revenues.




Management Team:

  1. Mr. Subhash Chander Mittal (Designation: Managing Director)
  2. Mrs. Neelam Mittal (Designation: Executive Director)





Objectives of the Issue:

Fresh Issue: (Rs. 1.67 cr)

  • Funding working capital requirements.
  • General corporate purposes.



Financials of the Company:

(in Crores) FY 19 FY 20 FY 21 30th June 21
Revenue 1.60 2.44 2.44 0.69
Net Profit 0.30 0.51 0.60 0.20




Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
DMR Hydroengineering
& Infrastructures Ltd
10 2.07 10.14 19.81% 5.92
Dhruv Consultancy
Services Ltd
10 1.85 22.27 5.48% 33.73
Artefact Projects Ltd 10 6.72 7.25 8.34% 64.60
MITCON Consultancy &
Engineering Services Ltd
10 (1.57) (36.31) (2.08%) 75.61
Rudrabhishek Enterpises
10 7.93 28.50 17.30% 4.64



IPO Details:

Details Info
Issue Opens on 24th November 2021
Issue Closes on:. 29th November 2021
Issue Price Rs.21
Face Value Rs.10
Minimum Lot 6000 shares
Minimum Investment Rs.1,26,000
Issue Constitutes 26.72%
Issue Size Rs.2.09 cr
Market Cap Rs.7.82 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 7,98,000
Equity Shares Offered (OFS) 1,98,000
Equity Shares Offered (Fresh + OFS) 9,96,000
Equity Shares Prior to the Issue 29,28,200
Equity Shares after the Issue 37,26,200

Also Read : List of Upcoming IPO’s in India.



Important Dates:

Finalization of Basis of Allotment on or Before 2nd December 2021
Initiation of Refunds on or Before 3rd December 2021
Credit of Equity Shares: on or Before 3rd December 2021
Listing Date: on or Before 7th December 2021



IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
2.07 10.14 19.81% 5.92



Company Contact Info:
DMR Hydroengineering & Infrastructures Ltd
H. No.- 473,Sector-30, Faridabad121003, Haryana, India
Tel No:+91-01294360445


IPO Registrar Info:
D-153A, First Floor Okhla Industrial Area, Phase
Telephone: 011-40450193-97;


Lead Manager to the Issue:
Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West), Mumbai
Maharashtra, India
Telephone: +91-22-2808 8456;