DC Infotech Ltd - SME IPO
DC Infotech Ltd is a Mumbai based company, incorporated in 1998. It is engaged in reselling and distribution business of computers, and computer peripherals.
DC Infotech is India's leading IT Solution distribution house. Currently, it has 1600 dealers Pan India, offering a wide range of hardware and software IT products. It works as a middle man between users, re-sellers and IT manufacturers/developers. The company also provides demand generation, after-sales support and logistics services. It has 2 offices located in Maharashtra and 8 Warehouses spread across other states.
DC Infotech operates on a broad distribution model where it deals with multiple brand strategies and different products. It supplies IT products like desktop virtualization, broadband, surveillance, wireless, networking, security, firewall, digital signage, power solutions and other related solutions like cloud security, network performance, digital performance, and enterprise security.
Business Process:
DC Infotech buys IT products in bulk from different vendors and sells to channel partners (retailers, systems integrators, corporate re-sellers, etc.). The company supplies both Value Business and Volume Business products to corporate/large businesses and vendors.
Competitive Strengths:
- End-to-end services
- PAN India reach
- Logistics capabilities
- Long term vendors
- Wide product range
Company Promoters: Chetankumar Timbadia and Devendra Sayani
Issue Details
| DC Infotech Ltd - SME IPO | |
| Issue Open | Dec 12 - Dec 18, 2019 |
| Issue Size | 2,400,000 Eq Shares of ₹10 (aggregating up to ₹10.80 Cr) |
| Face Value | Rs 10 per Equity Share |
| Issue Price | Rs 45 per Equity Share |
| Market Lot | 3000 Shares |
| Listing At | NSE SME |
|
Objectives |
1. Meeting incremental working capital requirements |
Company Financials
| Particulars | For the year/period ended (in lakh rupees) | |
| 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 4,784.13 | 3,626.92 |
| Total Revenue | 9,756.24 | 10,878.78 |
| Profit After Tax | 130.12 | 90.41 |
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