Incorporated in 2007, DU DigitalTechnologies is engaged in the business of providing visa processing services to embassies of different countries. It acts as a human interface between the visa applicant and the technical visa processing unit. The company plays administrative and non-judgmental tasks related to visa application, digitalization, document verification, and biometric data collection for customers.
It offers various contractual services 1. accepts documents on behalf of the Ministry, 2. attestation services, 3. collecting fingerprints, facial photos, retina scans, etc. It further provides many value-added services i.e. premium lounge, prime time application, mobile biometrics, SMS alert, and courier services.
The company has Visa Application Centers (VACs) in Delhi, Kolkata, Bangalore, Mumbai and also partnered with VFS Global Services Ltd to provide processing support services in Ahemdabad, Chandigarh, Chennai, Cochin, Jalandhar, Hyderabad, Pune, Gurgaon, Jaipur, and Goa.
Competitive Strengths
- High entry barriers in the industry.
- Qualified and experienced managerial team.
- Exclusive service agreements for visa processing services.
Company Promoters
Mr. Rajinder Rai is the promoter of the company.
Company Financials
| Particulars | For the year/period ended (₹ in Lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 391.41 | 772.23 | 1202.79 |
| Total Revenue | 226.78 | 3,206.44 | 3,747.93 |
| Profit After Tax | 10.53 | (23.81) | 70.62 |
Objects Of The Issue
- Meet working capital requirements.
- Investment in a subsidiary company, Dudigital Global LLC.
- To meet general corporate purposes.
- To meet issue expenses.
DU Digital Technologies IPO Details
| IPO Opening Date | Aug 12, 2021 |
| IPO Closing Date | Aug 17, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 690,000 Eq Shares of ₹10 (aggregating up to ₹4.49 Cr) |
DU Digital Technologies IPO Timetable
| IPO Open Date | Aug 12, 2021 |
| IPO Close Date | Aug 17, 2021 |
| Basis of Allotment Date | Aug 20, 2021 |
| Initiation of Refunds | Aug 23, 2021 |
| Credit of Shares to Demat Account | Aug 24, 2021 |
| IPO Listing Date | Aug 25, 2021 |
DU Digital Technologies IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹130,000 |
| Maximum | 1 | 2000 | ₹130,000 |
DU Digital Technologies IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Contact Information
| DU Digital Technologies Limited C-4 SDA Community Centre Hauz Khas, New Delhi, 110016, Delhi, India Phone: 011-40450533 Email: cs@dudigitalglobal.com Website: http://www.dudigitalglobal.com/ |
DU Digital Technologies IPO Registrar
| Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai – 400 059 Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
DU Digital Technologies IPO FAQs
| What is DU Digital Technologies IPO? DU Digital Technologies IPO is a SME IPO of 690,000 equity shares of the face value of ₹10 aggregating up to ₹4.49 Crores. The issue is priced at ₹65 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Aug 12, 2021, and closes on Aug 17, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME. |
| When DU Digital Technologies IPO will open? The DU Digital Technologies IPO opens on Aug 12, 2021 and closes on Aug 17, 2021. |
| What is the lot size of DU Digital Technologies IPO? DU Digital Technologies IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares. |
| How to apply for DU Digital Technologies IPO? You can apply in DU Digital Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is DU Digital Technologies IPO listing date? The DU Digital Technologies IPO listing date is not yet announced. The tentative date of DU Digital Technologies IPO listing is Aug 25, 2021. |
