DSIJ Mindshare

The price band of the issue has been fixed at Rs 102 to Rs 108 per equity share. The issue size is Rs 351 crore at a higher price band.

The company has a market cap of over Rs 1,000 crore and has reported positive numbers in its quarterly results and annual results. The stock gave multibagger returns of 615 per cent in 3 years, 955 per cent in 5 years and a whopping 6,700 per cent over a decade.

As of June 2023, the promoters of the company own a majority stake of 53.31 per cent, followed by DIIs with a 0.05 per cent stake. The remaining 46.64 per cent of the shares are held by the general public.

Shares of the company gained more than 30 per cent in the last six months.

Earlier, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.