Dhanus Tehnologies Ltd will enter the capital markets on Monday with an initial public offering of 38,35,000 equity shares of Rs 10 each through 100 per cent book building process. The company fixed the priced band at Rs 280-295. The issue closes Wednesday.
The issue would constitute 21.37 per cent and the net issue would constitute 20.26 per cent of the fully diluted post issue paid up capital of the company.
The company proposes to utilise the proceeds to expand its infrastructural facilities and equipment base, construct a new corporate office and network operating centre.
Chennai-based Dhanus Technologies offers telecommunication and unified messaging and enhanced logistics services. The company's BPO unit has clients from the US, UK and Australia.
For the year ended June 30, the company's total income stood at Rs 90.46 crore and net profit at Rs 24.59 crore as against total income of Rs 35.93 crore and net profit of Rs 13.09 crore in the previous year.
SREI Capital Markets is the book running lead manager and Cameo Corporate Services is the registrar to the issue.
The issue would constitute 21.37 per cent and the net issue would constitute 20.26 per cent of the fully diluted post issue paid up capital of the company.
The company proposes to utilise the proceeds to expand its infrastructural facilities and equipment base, construct a new corporate office and network operating centre.
Chennai-based Dhanus Technologies offers telecommunication and unified messaging and enhanced logistics services. The company's BPO unit has clients from the US, UK and Australia.
For the year ended June 30, the company's total income stood at Rs 90.46 crore and net profit at Rs 24.59 crore as against total income of Rs 35.93 crore and net profit of Rs 13.09 crore in the previous year.
SREI Capital Markets is the book running lead manager and Cameo Corporate Services is the registrar to the issue.
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