IPO Issue Details
Issue Price / Price Band₹13 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size26,00,000 shares (aggregating up to ₹3.38 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 11 Dec 2017
Subscription CloseThu, 14 Dec 2017
Anchor AllotmentSun, 10 Dec 2017
Basis of AllotmentTue, 19 Dec 2017
Initiation of RefundsTue, 19 Dec 2017
Credit of Shares to DematWed, 20 Dec 2017
Listing DateFri, 22 Dec 2017
UPI Mandate Deadline2017-12-14
Application & Investment Details
Retail — Min (1 Lots)130000 — 10000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)260000 — 20000 shares
Net Offer to Public24,60,000 shares (aggregating up to ₹3.20 Cr)
Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.1820 Cr)
Pre-IPO Promoter Holding70,77,500 shares
Post-IPO Promoter Holding96,77,500 shares
About Diggi Multitrade Ltd
Incorporated in 2014, Diggi Multitrade Limited is engaged trading in real estate and related activities comprising flats and land. They intrading in real estate by way of acquiring interests in various real estate projects such as flats and land where they purchase the flat from the builders and is sold to a third party at a price higher than the price originally paid by them to the builder. They are also trades in fabrics and construction materials. They involved with dealing in construction material which they procure at the prevailing market prices and sell the same at a profit margin in the range of 5% to 10%. Company's business activities are concentrated in certain areas of Mumbai suburbs such as Mira Road and Naigaon. They are in process of establishing their presence in other areas of Mumbai suburbs.
Objects of the Issue
Diggi Multitrade Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Incremental Working Capital Requirement
3.57
Shareholding & Lock-in
Pre-IPO Promoter Holding
70,77,500 shares
Post-IPO Promoter Holding
96,77,500 shares