DC Infotech IPO

DC Infotech IPO Detail

Business Overview

DC Infotech was incorporated as partnership firm in 1998 and converted to public limited company in Jan’2019. They started their business with reselling and redistribution of IT products like Cabinets, Motherboard etc. Now, the company is engaged in business of assembling, trading and servicing of electronic items mainly computers.

The company also operates in distribution of IT products, Networking, Security, Surveillance, wireless, broadband, digital signage, firewalls, desktop etc.

Company presently operates with a dealer network of around 1600 dealers. They purchase in bulk from vendors and sell down further to resellers/sub distributors/ system integrators.

It operates through 2 offices and 8 warehouses, including registered office situated in Mumbai, Maharashtra and a central warehouse at Bhiwandi, Maharashtra. It has relationships with around 10 vendors, many of which have been associated with the company for more than 10 years. Some of the vendors include respected brands like NetGear, Samsung, D-Link, ZSCaler, Netscout etc.

Promoters of the Company

Chetankumar Timbadia – Promoter and MD and

Devendra Sayani- Promoter, Chairman and whole time Director

Financials of Company

Fig In Cr.
Q1’19-20 Mar’19 Mar’18 Mar’17
Revenue 36.85 114.06 97.56 108.79
Expenses 35.85 111.88 95.76 107.5
PAT 0.91 1.34 1.3 0.9
Growth 37% 61%

Detail of IPO

Offer Period Dec 12, 2019 – Dec 18, 2019
Issue Type Fixed Price IPO
Issue Size Rs. 10.80 Cr.
Face value Rs. 10 Per Share
Issue Price Rs. 45 Per Share
Market Lot  3000 Shares
Listing at NSE SME
Minimum Investment (Retail) Rs. 135000

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Bhatt Tosik
January 13, 2020 1:01 pm

Vaxtex ipo listed today on nse emerge, positive listing.

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