IPO IPO-Synopsis
Dove Soft Ltd

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Registered Office: Office # 1101 DLH Park,Opp MTNL Goregoan West , Mumbai - 400062 , Maharashtra , India.
Phone : +91 93219 38063   Fax:
Email :  secretarial@dove-soft.com  
Website :  www.dove-soft.io
Initial public offer of 66,00,000 equity shares of face value of Rs10/- each ("Equity Shares") of Dove Soft Limited ("Company") for cash at a price of Rs110 per equity share (including a share premium of Rs100 per equity share) ("Offer Price") aggregating up to Rs72.60 Crores comprising a fresh issue of 53,28,000 equity shares of face value of Rs10/- each, for cash at a price of Rs110 per equity share (including a share premium of Rs100 per equity share) by the company aggregating up to Rs58.61 Crores (the "Fresh Issue") and an offer for sale 12,72,000 equity shares of face value of Rs10/- each, for cash at a price of Rs110 per equity share (including a share premium of Rs100 per equity share) aggregating up to Rs13.99 Crores, ("Offer for Sale") comprising of 6,36,000 equity shares aggregating to Rs7 Crores by Rahul Bhanushali, and comprising 6,36,000 equity shares aggregating Rs7 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 Rs10/- each for cash at a price of Rs110 per equity share including a share premium of Rs100 per equity share aggregating to Rs3.63 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 Rs10/- each at a price of Rs110 per equity share aggregating to Rs68.97 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: Rs110/- per equity share of face value Rs10/- 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.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-26 05-Oct-26 Rs110.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 49.84
Swastika Investmart Limited
Project Financed through Current Offer 72.60  
Post Issue Equity Share Capital 24.39  
Issue Price Rs110.00  
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Kurjibhai Rupareliya
Rahul Bhanushali
Sky Occean Infrastructure Ltd
Listing At
BSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd