IPO Issue Details
Issue Price / Price Band₹51 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size47,32,000 shares (aggregating up to ₹24.13 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 30 Sep 2021
Subscription CloseTue, 05 Oct 2021
Anchor AllotmentWed, 29 Sep 2021
Basis of AllotmentFri, 08 Oct 2021
Initiation of RefundsMon, 11 Oct 2021
Credit of Shares to DematTue, 12 Oct 2021
Listing DateWed, 13 Oct 2021
UPI Mandate Deadline2021-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,02,000 — 2,000 shares
Retail — Max (13 Lots)₹1,326,000 (13 Lots)
HNI — Min (2 Lots)₹2,04,000 — 4,000 shares
Net Offer to Public44,94,000 shares (aggregating up to ₹22.92 Cr)
Reserved for Market Maker2,38,000 shares (aggregating up to ₹1.21 Cr)
Pre-IPO Promoter Holding87,86,192 shares
Post-IPO Promoter Holding1,35,18,192 shares
About Dynamic Services & Security Ltd.
Incorporated in 2016, Dynamic Services & Security Limited offers manpower solution services in the field of Mechanized cleaning, catering, housekeeping, security, logistics, contractual services, and other servicesIt provides Guarding/Custoridal services, integrated facility management, and digitalization services. The company offers a comprehensive range of customized services in both the public and private segments to meet customers' requirements.Competitive strengthsA comprehensive range of manpower solution services.Established track record of 13 years of experience.Strong quality products with ISO certification.Proven business model and smooth operation flow.Well-defined organizational structure.
Objects of the Issue
Dynamic Services & Security Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet Working Capital Requirement
20.00
2
2 General Corporate Expenses
3.70
3
3 Public Issue Expenses
0.43
Shareholding & Lock-in
Pre-IPO Promoter Holding
87,86,192 shares
Post-IPO Promoter Holding
1,35,18,192 shares