Registered Office:
Office # 1101 DLH Park,Opp MTNL Goregoan West,
Mumbai
-
400062,
Maharashtra, India.
Phone : +91 93219 38063
Fax : NA
Initial public offer upto 66,00,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Dove Soft Limited ("Company") for cash at a price of (Rs) 104-111 per equity share (including a share premium of (Rs) 94-101 per equity share) ("Offer Price") aggregating up to (Rs) 68.64-73.26 Crores comprising a fresh issue up to 53,28,000 equity shares of face value of (Rs) 10/- each by the company aggregating up to (Rs) 55.41-59.14 (the "Fresh Issue") and an offer for sale up to 12,72,000 equity shares of face value of (Rs) 10/- each ("Offer for Sale") aggregating up to (Rs) 13.23-14.12 Crores, comprising up to 6,36,000 equity shares aggregating up to (Rs) 6.61-7.06 Crores by Rahul Bhanushali, up to (Rs) [*] crores and comprising up to 6,36,000 equity shares aggregating up to (Rs) 6.61-7.06 Crores by Sky Occean Infrastructure Limited (Together, the "Selling Shareholders", and such equity shares, the "Offered Shares") of which up to 3,30,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 104-111 per equity share including a share premium of 94-101 per equity share aggregating to (Rs) 3.43-3.66 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. Net offer of 62,70,000 equity shares of face value of (Rs) 10/- each at a price of (Rs) 104-111 per equity share aggregating to (Rs) 65.21-69.60 Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 27.06% and 25.71% respectively of the post offer paid up equity share capital of the company.
Price Band: (Rs) 104/- to (Rs) 111/- per equity share of face value (Rs) 10/- each.
The floor price is 10.40 times of the face value of the equity shares and the cap price is 11.10 times of the face value of the equity shares.
Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
Opens On
Closes On
Application
Allotment
30-Sep-26
05-Oct-26
104.00-111.00
0.00-0.00
Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Swastika Investmart Limited
Project Financed through Current Offer
68.64
Post Issue Equity Share Capital
24.39