DU Digital Technologies Limited IPO (DU Digital Technologies IPO)

DU Digital Technologies IPO
Upcoming DU Digital Technologies IPO | New DU Digital Technologies IPO

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.

Du Digital Global IPO

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

ParticularsFor the year/period ended (₹ in Lakh)
31-Mar-2131-Mar-2031-Mar-19
Total Assets391.41772.231202.79
Total Revenue226.783,206.443,747.93
Profit After Tax10.53(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.
Object Of The Issue

DU Digital Technologies IPO Details

IPO Opening DateAug 12, 2021
IPO Closing DateAug 17, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹65 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size690,000 Eq Shares of ₹10
(aggregating up to ₹4.49 Cr)

DU Digital Technologies IPO Timetable

IPO Open DateAug 12, 2021
IPO Close DateAug 17, 2021
Basis of Allotment DateAug 20, 2021
Initiation of RefundsAug 23, 2021
Credit of Shares to Demat AccountAug 24, 2021
IPO Listing DateAug 25, 2021

DU Digital Technologies IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹130,000
Maximum12000₹130,000

DU Digital Technologies IPO Promoter Holding

Pre Issue Share Holding100%
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
Websitehttp://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
Websitehttp://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.