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:
- Mr. Subhash Chander Mittal (Designation: Managing Director)
- 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 Ltd |
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 Email: investors@dmrengineering.net Website: www.dmrengineering.net |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153A, First Floor Okhla Industrial Area, Phase India. Telephone: 011-40450193-97; E-mail: compliances@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| SHRENI SHARES PRIVATE LIMITED 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; E-mail: shrenishares@gmail.com Website: www.shreni.in |
