Dynamic Services & Security Limited was established in 2016 by Mr. Jugal Kishore Bhagat, Mrs. Rekha Bhagat and Mrs. Rekha Devi Bhagat. The company provides personnel and facility-management solutions to clients across public and private sectors.
About Dynamic Services
Dynamic Services provides a wide range of personnel and facility-management services. Its offerings include automated cleaning, catering, housekeeping, security, logistics and contractual services.
The company also provides guarding and custodial services, integrated property management and digitisation solutions. By combining these services, Dynamic Services aims to address the operational requirements of customers across different industries.
The company’s customer base spans both the public and private sectors. Its service portfolio allows clients to use multiple facility and personnel solutions through a single service provider.
Dynamic Services IPO Details
| IPO Details | Information |
|---|---|
| IPO Opening Date | 30 Sep 2021 |
| IPO Closing Date | 5 Oct 2021 |
| IPO Price | ₹51 Per Share |
| Fresh Issue | ₹24.13 Crore |
| Offer for Sale | NIL |
| Total Issue Size | ₹24.13 Crore |
| Minimum Bid | 2,000 Shares |
| Face Value | ₹10 Per Share |
| Listing Exchange | NSE SME |
Dynamic Services IPO Market Lot
The minimum application for the Dynamic Services IPO was 2,000 shares. At the issue price of ₹51 per share, one lot required an investment of ₹1,02,000.
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 Shares | ₹1,02,000 |
| Maximum | 1 | 2,000 Shares | ₹1,02,000 |
Dynamic Services Financial Performance
The supplied financial information for the year ended 31 March 2021 shows total assets of ₹710.57 million and revenue of ₹709.63 million.
| Financial Particular | FY2021 |
|---|---|
| Financial Period | 31-Mar-2021 |
| Total Assets | ₹710.57 Million |
| Total Revenue | ₹709.63 Million |
| Profit After Tax | ₹10.39 Million |
| EPS | ₹1.18 Per Share |
Dynamic Services IPO Allotment Date & Details
The Dynamic Services IPO allotment was scheduled for 8 October 2021. Shares were credited to successful applicants’ demat accounts before the scheduled listing on 13 October 2021.
| IPO Event | Date |
|---|---|
| Allotment Date | 08 Oct 2021 |
| Refund Initiation | 11 Oct 2021 |
| Shares Credited to Demat | 12 Oct 2021 |
| Listing Date | 13 Oct 2021 |
| Check Allotment Status | Check on Cameo |
Dynamic Services IPO Review
Dynamic Services entered the SME market with a ₹24.13 crore fresh issue. The company operates in the facility-management and security-services segment and serves both government and private-sector customers.
Its diversified service portfolio includes housekeeping, security, catering, logistics and other contractual services. Investors reviewing this historical IPO should consider the company’s financial performance, competitive environment, customer concentration and risks associated with SME-listed companies.
This page provides historical IPO information and does not constitute investment advice.
Dynamic Services IPO Subscription Status
The Dynamic Services IPO opened for subscription on 30 September 2021 and closed on 5 October 2021.
Historical subscription information can be accessed through the IPOWala subscription section.
Check Dynamic Services IPO Subscription Status
Dynamic Services IPO GMP
Any GMP figures for Dynamic Services IPO should be treated as historical grey market information because the IPO was listed in 2021. Grey market premiums are unofficial and do not guarantee the actual listing price or investment returns.
Registrar of Dynamic Services IPO
Cameo Corporate Services Limited was the registrar of the Dynamic Services IPO.
Subramanian Building,
1 Club House Road,
Chennai – 600002,
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: cameo@cameoindia.com
Website: http://www.cameoindia.com
Dynamic Services Limited Contact Details
Dynamic Services Limited
375, Dakshindari Road,
Kolkata – 700048
Phone: 033 – 4008 7463
Email: cs@dynamicservicesandsecurity.com
Website: dynamicservicesandsecurity.com
Dynamic Services IPO Lead Manager
Finshore Management Services Limited was the lead manager for the Dynamic Services IPO.
How to Check Dynamic Services IPO Allotment?
Investors could check the Dynamic Services IPO allotment status through Cameo Corporate Services, the IPO registrar.
Check Dynamic Services IPO Allotment Status
How to Check Dynamic Services IPO Subscription Status?
The historical subscription status can be checked through the IPOWala subscription page.
How to Apply for Dynamic Services IPO Through Zerodha?
During the IPO period, investors using Zerodha could apply through the IPO section of the platform.
- Log in to your Zerodha account.
- Open the IPO section.
- Select Dynamic Services IPO.
- Enter your UPI ID, quantity and bid price.
- Submit the IPO application.
- Approve the UPI mandate through your UPI application.
Dynamic Services IPO Key Points
- IPO Price: ₹51 per share
- Issue Size: ₹24.13 crore
- Fresh Issue: ₹24.13 crore
- Offer for Sale: NIL
- IPO Lot Size: 2,000 shares
- Minimum Investment: ₹1,02,000
- IPO Opening: 30 Sep 2021
- IPO Closing: 5 Oct 2021
- Allotment Date: 08 Oct 2021
- Demat Credit: 12 Oct 2021
- Listing Date: 13 Oct 2021
- Listing Exchange: NSE SME
- Registrar: Cameo Corporate Services Limited
- Lead Manager: Finshore Management Services Limited
Dynamic Services IPO FAQ
When was Dynamic Services IPO listed?
Dynamic Services IPO was listed on 13 October 2021 on the NSE SME platform.
When was Dynamic Services IPO allotment?
The Dynamic Services IPO allotment date was 8 October 2021.
What was the price of Dynamic Services IPO?
The IPO price was ₹51 per share.
What was the lot size of Dynamic Services IPO?
The IPO lot size was 2,000 shares.
What was the minimum investment in Dynamic Services IPO?
One lot required an investment of ₹1,02,000 at the issue price of ₹51 per share.
What was the issue size of Dynamic Services IPO?
The total issue size was ₹24.13 crore. The entire issue consisted of a fresh issue, while the offer for sale was NIL.
What was the Dynamic Services IPO GMP?
GMP information for this IPO is historical because Dynamic Services was listed in 2021. Grey market premiums are unofficial and can differ from the actual listing performance.
Who was the registrar of Dynamic Services IPO?
Cameo Corporate Services Limited was the registrar of the Dynamic Services IPO.
Who was the lead manager of Dynamic Services IPO?
Finshore Management Services Limited was the lead manager of the IPO.
Where was Dynamic Services IPO listed?
Dynamic Services IPO was listed on the NSE SME platform.