IPO DETAILS : DC Infotech and Communication Ltd.
The issue comprises of fresh issue of 24,00,000 equity shares by the Company aggregating Rs 1080.00 Lakhs (“Fresh Issue”).
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
1. Meeting incremental working capital requirements,2. General corporate purposes.
The Promoters of the Company are
1. Chetankumar Timbadia 2. Devendra Sayani
1. Chetankumar Timbadia : Chetankumar Timbadia, aged about 50 years, is Promoter and Managing Director of the company. He is one of the subscribers of Memorandum of Association of the Company. He graduated with a degree of Bachelor of Engineering (Computer Engineering) from the Ramrao Adik Institute of Technology, New Bombay. He has experience of around two decades in the Information technology (IT) sector. Over the years, he has developed the network of vendors, channel partners and customers through his adaptness in building long term relationships across technologies, verticals, compliances and geographies.
Permanent Account Number : AAAPT7668PAadhar No. : 724788415667Driving License No. : MH02 20140042560
2. Devendra Sayani : Devendra Sayani, aged about 51 years, is Promoter and Chairman and Whole Time Director of thecompany. He is one of the subscribers of Memorandum of Association of the Company. He graduated with a degree of Bachelor of Engineering (Electronics) from the Ramrao Adik Institute of Technology, New Bombay. He heads the marketing and commercial relationship management departments of the Company.
Permanent Account Number : AAGPS0483DAadhar No. : 240699266032Driving License No. : MH0219870000138