| Day | Subscription (no. of times) |
| Day 1 | 1.26 |
| Day 2 | 2.50 |
| Day 3 | 11.79 |
| Day 4 | 74.16 |
Dev Information Technology Ltd (incorporated on 1997) is a ISO 9001:2008 certified company, with the business of IT solutions.
Issue Details of Dev Information Technology SME IPO
- Issue Open : 31st March to 6th April 2017
- Issue Price / Floor Price : Rs 42 per share
- Issue Size: Rs 6.25 crores (14,88,000 Equity Shares)
- Application per share : Rs 42
- Minimum No of shares bid: 3000 shares / Rs 126,000
- Maximum Retail investment – 3000 shares
- Book Running Lead Managers : Hem Securities
- Registrar – Link Intime India
- Listing: NSE SME
Ongoing SME IPO – Read reviews
| SME IPOs | Opening Date | Last Date | Price |
| ASL Industries | 31-Mar-2017 | 7th April 2017 | 35 |
| Dev Information Technology | 31-Mar-2017 | 6th April 2017 | 42 |
| MK Proteins | 31-Mar-2017 | 7th April 2017 | 70 |
| Escorp Asset Management | 31-Mar-2017 | 6th April 2017 | 15 |
| Focus Lighting | 30-Mar-2017 | 5th April 2017 | 45 |
| Creative Peripherals | 29-Mar-2017 | 3rd April 2017 | 21-75 |
About the Company
The company started in 1997 and engaged in the business of providing a range of IT Solutions. The company provide variosu technology solutions including enterprises solutions, e-governance, ERP & CRM implementation, IT Infrastructure services, website development and hosting and licensing solutions.
It has head office in Ahmedabad and branch offices in Pune and Jaipur. It employs 260 professionals
Financials
| (in Crores) | 2012 | 2013 | 2014 | 2015 | 2016 | Apr-Sep 2016 |
| Income | 34.88 | 43.25 | 57.11 | 44.89 | 45.4 | 19.57 |
| PAT | 1.70 | 0.61 | 1.09 | 1.25 | 2.01 | 1.13 |
Summary – The company has been making good turnover and profits in last 5 years, but not significant growth. Investors may consider for investing for medium to long term.
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