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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Dove Soft Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹110
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,32,000
Issue Size
₹72.6 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
49.99%
QIB Quota
1.03%
NII Quota
48.98%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
74.32%
Promoter Holding (Post-Issue)
52.86%
Issue Type
Book Building - SME
ISIN
INE0NXJ01016
Our Company is an integrated provider of cloud communications solutions in India. commonly known as a "CPaaS" (Communications Platform as a Service) provider. We offer a wide range of services through channels such as SMS, RCS, Voice, WhatsApp, Email, and other digital platforms. Our solutions enable businesses to communicate efficiently with their customers through reliable and scalable messaging and engagement tools.
The Communications Platform as a service ("CPaaS") industry forms an integral segment of India's information technology enabled digital infrastructure, providing cloud-based software platforms that enable enterprises and public sector institutions to integrate programmable communication capabilities into their applications and operational workflows. CPaaS solutions facilitate the delivery, management, and automation of messaging, voice, email, and identity verification services through application programming interfaces ("APIs") and software development kits ("SDKs"), supporting omnichannel communication across digital and voice-based channels.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 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. 110 per equity share (including a share premium of Rs. 100 per equity share) ("Offer Price") aggregating up to Rs. 72.60 Crores comprising a fresh issue of 53,28,000 equity shares of face value of Rs. 10/- each, for cash at a price of Rs. 110 per equity share (including a share premium of Rs. 100 per equity share) by the company aggregating up to Rs. 58.61 Crores (the "Fresh Issue") and an offer for sale 12,72,000 equity shares of face value of Rs. 10/- each, for cash at a price of Rs. 110 per equity share (including a share premium of Rs. 100 per equity share) aggregating up to Rs. 13.99 Crores, ("Offer for Sale") comprising of 6,36,000 equity shares aggregating to Rs. 7 Crores by Rahul Bhanushali, and comprising 6,36,000 equity shares aggregating Rs. 7 Crores by Sky Occean Infrastructure Limited (Together, the "Selling Shareholders", and such equity shares, the "Offered Shares") of which 3,30,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 110 per equity share including a share premium of Rs. 100 per equity share aggregating to Rs. 3.63 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. 110 per equity share aggregating to Rs. 68.97 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. 110/- per equity share of face value Rs. 10/- each. The floor price is 11.00 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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as private limited Company under the name "Dove Soft Private Limited", under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Maharashtra, Mumbai on August 19, 2011. Subsequently, our Company was converted into a public limited company pursuant to shareholders resolution passed at the general meeting of our Company held on August 17, 2022, and the name of our Company was changed to "Dove Soft Limited" and a fresh certificate of incorporation dated September 19, 2022, was issued by the Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is U74900MH2011PLC221087.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.