Business Standard

Dynamic Services & Security Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

24.13 cr

Price Range (₹)

51

Lot Size

2000

Min Investment (₹)

1,02,000.00

Listing Exchange

NSE - SME

Open Date

30-Sept-2021

Close Date

05-Oct-2021

Listing Date

13-Oct-2021

Dynamic Services & Security Ltd News

    The Shares of Dynamic Services & Security Ltd have now been listed.

    Dynamic Services & Security Ltd IPO Details

    Initial Public Offer of 47,32,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Dynamic Services & Security Limited (The Company or The Issuer) for cash at a price of Rs. 51/- per equity share, including a share premium of Rs. 41/- per equity share (The Issue Price), aggregating to Rs. 24.13 crores (The Issue), of which 2,38,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 1.22 crores will be reserved for subscriptions by the market maker to the issue (The Market Maker Reservation Portion). the issue less market maker reservation portion i.e. issue of 44,94,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 22.92 crores is here in after referred to as the Net ssue. the issue and the net issue will constitute 35.00% and 33.24%% respectively of the post issue paidup equity share capital of the company.The Face value of the equity share is Rs. 10/- each

    Objective of issue

    To meet the working capital requirements of the company. General Corporate Purpose.

    Dynamic Services & Security Ltd Contact Details

    Dynamic Services & Security Ltd, 2 Subramaniam Bldg, Club House Road, , Chennai-600002

    Phone -

    Fax -

    Email - cs@dynamicservicesandsecurity.com

    Website - www.dynamicservicesandsecurity.com