DC Infotech was incorporated as partnership firm in 1998 and converted to public limited company in Jan’2019. They started their business with reselling and redistribution of IT products like Cabinets, Motherboard etc. Now, the company is engaged in business of assembling, trading and servicing of electronic items mainly computers.
The company also operates in distribution of IT products, Networking, Security, Surveillance, wireless, broadband, digital signage, firewalls, desktop etc.
Company presently operates with a dealer network of around 1600 dealers. They purchase in bulk from vendors and sell down further to resellers/sub distributors/ system integrators.
It operates through 2 offices and 8 warehouses, including registered office situated in Mumbai, Maharashtra and a central warehouse at Bhiwandi, Maharashtra. It has relationships with around 10 vendors, many of which have been associated with the company for more than 10 years. Some of the vendors include respected brands like NetGear, Samsung, D-Link, ZSCaler, Netscout etc.
Promoters of the Company
Chetankumar Timbadia – Promoter and MD and
Devendra Sayani- Promoter, Chairman and whole time Director
Financials of Company
|Fig In Cr.|
Detail of IPO
|Offer Period||Dec 12, 2019 – Dec 18, 2019|
|Issue Type||Fixed Price IPO|
|Issue Size||Rs. 10.80 Cr.|
|Face value||Rs. 10 Per Share|
|Issue Price||Rs. 45 Per Share|
|Market Lot||3000 Shares|
|Listing at||NSE SME|
|Minimum Investment (Retail)||Rs. 135000|