Wednesday, September 28, 2016

Upcoming BSE SME IPO - DRA Consultants Ltd

DRA Consultants Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,960,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 10.

DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

The issue opens on Sep 30, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.