Dynamic Services & Security IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHPLast Updated Date: Apr 28, 2022
Let’s have a detailed review of the company and analytics of the Dynamic Services & Security IPO release date, IPO offer price, subscription, Dynamic Services & Security Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
|Face Value||Rs 10|
|Cash Price||Rs 51|
|Listing At||NSE Emerge|
|Min. Order Quantity||2000 Shares|
|Listing Date||Oct 13, 2021|
|Offer for Sale||Rs Lakh|
|Fresh Issue||Rs Lakh|
|IPO Size||Rs 2413.32 Lakh|
Dynamic Services & Security IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
|Live Performance – Dynamic Services & Security Share Price|
Dynamic Services & Security IPO – Summary
Their 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 setup 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.
The Promoter of this company is Mr. JUGAL KISHORE BHAGAT, Mrs. REKHA BHAGAT, AND Mrs. REKHA DEVI BHAGAT. The lead manager to the issue is FINSHORE MANAGEMENT SERVICES LIMITED, and the Registrar to this issue is CAMEO CORPORATE SERVICES LIMITED.
Dynamic Services & Security IPO Date
The opening and the closing date of Dynamic Services & Security IPO are Sep 30, 2021, and Oct 5, 2021.
Dynamic Services & Security IPO Subscription
|Day / Date||NII||RII||Total Subscription|
|1st Day – 30 Sep||1.47x||0.03x||0.75x|
|2nd Day – 1 Oct||1.47x||0.43x||0.95x|
|3rd Day – 4 Oct||1.79x||0.81x||1.30x|
|4th Day – 5 Oct||2.33x||1.56x||1.94x|
|Shares Offered or Net Issue||2,246,000||2,248,000||4,494,000|
The shares subscribed by the public will be updated here.
Check Dynamic Services IPO LIVE Subscription
- Dynamic Services & Security IPO LIVE Bid details on BSE
- Dynamic Services & Security IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Dynamic Services IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Dynamic Services IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
|Basis of Allotment Finalization||Oct 8, 2021|
|Refunds Initiation||Oct 11, 2021|
|Credit of Shares to Demat Account||Oct 12, 2021|
|Share Listing Date||Oct 13, 2021|
Dynamic Services & Security IPO Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.51
Dynamic Services & Security IPO Size
This Initial Public Issue of 47,32,000 Equity Shares of Rs.10 each for cash at a price of Rs.51 per equity share aggregating to Rs.2413.32 Lakh.
Dynamic Services & Security IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: 47,32,000 Equity Shares of Rs.10 each, aggregating to Rs.2413.32 Lakh
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Dynamic Services IPO – Live Performance
The listing date of this IPO is Oct 13, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
|Live IPO Performance – Dynamic Services & Security Share Price|
Dynamic Services & Security IPO Grey Market Premium
The Dynamic Services & Security Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Dynamic Services & Security IPO – Company Overview
In view of the similar kind of business activities undertaken in each of the proprietorship concerns and also separate banking limits took in each of the entities.
The separate resources being deployed for the similar activities, they envisaged the need to integrate all such business activities into one single entity and accordingly in the year 2019 by way of the Business Transfer Agreement (BTA) dated 30th June 2019 all the assets and liabilities including the business of the three proprietorship entities were transferred to their 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.
The group turnover of all the three merged proprietorship entities mentioned above aggregated to around Rs. 100.00 crores in the FY 2017-18 which was one of the milestones for their group followed by Rs. 118.91 crores and Rs. 114.13 crores in FY 2018-19 and FY 2019-20 respectively.
Dynamic Services & Security IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
|Amount (in INR & Lakh)|
|Profit After Tax||1,03,86,335||1,52,580||85,703|
Earnings per Equity Share (in Lakh)
|Basic & Diluted||1,038.63||15.26||8.57|
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 1,03,86,335 Lakh, Rs. 1,52,580 Lakh and Rs. 85,703 Lakh respectively.
Dynamic Services & Security IPO – Promoters
The Promoter of this company is:
- Mr. JUGAL KISHORE BHAGAT
- Mrs. REKHA BHAGAT
- Mrs. REKHA DEVI BHAGAT
List of Related Parties (Key Managerial Personnel)
- Jugal Kishore Bhagat, Managing Director
- Rekha Bhagat, Non-Executive Director
- Rekha Devi Bhagat, Whole Time Director
- Pranay Mishra, Independent Director
- Dipanjan Paul, Independent Director
- Hakimuddin Siyawala, Non-Executive Director
Dynamic Services & Security IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Dynamic Services IPO Offer Details or Issue Details
|Particulars||No. Of Equity Shares|
|Equity Shares Offered||Up to 47,32,000 Equity Shares aggregating up to Rs.2413.32 Lakh|
|Issue Reserved for the Market Makers||Up to 2,38,000 Equity Shares aggregating up to Rs.121.38 Lakh|
|Net Issue to the Public||Up to 44,94,000 Equity Shares aggregating up to Rs.2291.94 Lakh|
|Retail Investors Portion||Not less than 22,48,000 Equity Shares|
|Other than Retail Individual Investors||Not more than 22,46,000 Equity Shares|
|Equity Shares outstanding prior to the Issue||87,86,192 Equity Shares|
|Equity Shares outstanding after the Issue||1,35,18,192 Equity Shares|
Dynamic Services & Security IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet the working capital requirements of the company
2. To meet the Issue Expenses
3. General Corporate Purposes
Dynamic Services & Security IPO – Business Strategy
- Focus on Increase in Volume of Sales
- Quality Assurance
- Increase geographical presence
- Leverage and enhance their goodwill in the market
- Improving operational efficiencies
- Leveraging their Market skills and Relationships
Dynamic Security IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Established and proven track record;
- Leveraging the experience of their Promoters;
- Experienced management team and a motivated and efficient workforce;
- Cordial relations with their customers
- Quality Assurance & Control
The relevant quantitative factors are:
|Basic & Diluted EPS||RONW (%)||NAV (Rs.)|
Dynamic Services & Security IPO: Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Lakhs)|
|Dynamic Services & Security Limited||10||[●]||1038.63||47.07||70,96,30,673|
Dynamic Security IPO Lead Managers
|FINSHORE MANAGEMENT SERVICES LIMITED |
Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal
Telephone: 033 – 22895101
Contact Person: Mr. S. Ramakrishna Iyengar
Investor Grievance Email: firstname.lastname@example.org
SEBI Registration No: INM000012185
CIN No: U74900WB2011PLC169377
Dynamic Services IPO Registrar to offer
|Registrar to the Offer|
|CAMEO CORPORATE SERVICES LIMITED|
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Contact Person: Mr. R.D. Ramasamy, Director
SEBI Registration Number: INR000003753
CIN No: U67120TN1998PLC041613
Dynamic Services IPO – Other Details
- Statutory Auditor – M/S. Rajendra Singh & Associates
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Dynamic Security IPO Review by Stock Brokers
|Top Stock Brokers Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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Dynamic Services & Security Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Dynamic Services & Security IPO Review FAQs
Ques – What is the Issue Size of Dynamic Security IPO?
Answer – The Company is making an initial public offer of 47,32,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price of Dynamic Security IPO?
Answer – The price band for this particular IPO ranges between Rs 51. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Dynamic Services IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 30, 2021, while the closing date is set at Oct 5, 2021.
Ques – What is the Dynamic Security IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Oct 8, 2021, refund initiation is on Oct 11, 2021, credit of shares is on Oct 12, 2021, and share listing date is on Oct 13, 2021.
Ques – What is the Dynamic Services & Security IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges on Oct 13, 2021. The date, when the listing would be done, is stagnant on Oct 13, 2021.
Ques – Who is the Registrar of Dynamic Services & Security IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. CAMEO CORPORATE SERVICES LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Dynamic Security IPO?
Answer – Here are the promoters of this IPO – Mr. JUGAL KISHORE BHAGAT, Mrs. REKHA BHAGAT, AND Mrs. REKHA DEVI BHAGAT. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Dynamic Services IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Dynamic Services & Security IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Dynamic Services & Security Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 1,03,86,335, 2020 is 1,52,580, 2019 is 85,703.
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