Dhariwalcorp IPO: Dhariwalcorp Limited is a Jodhpur-based importer and exporter of wax, petroleum jelly and industrial chemicals. Along with this, the company is involved in the supply and manufacturing of candles. Dhariwalcorp Limited is a subsidiary company of Dhariwala Group. It was founded in 2020 by Mr. Manish Dhariwal. The company has announced its IPO (Initial Public Offer). Which is open on August 1, 2024 and will close on August 5, 2024. That will be listed on August 8, 2024, at NSE SME. The size of Dhariwalcorp IPO is ₹25.15 crore of 23 lakh shares, which is fresh issue, and the face value of each share is ₹10. The price band of the IPO is set at ₹102 to ₹106per share, with a lot size of 1,200 shares.
You will find all the information regarding the company and the Dhariwalcorp IPO on this page. This page will be updated regularly with the latest updates regarding the IPO.
Table of Contents
Dhariwalcorp IPO Details
| IPO Date | August 1, 2024 to August 5, 2024 |
| Listing Date | August 8, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹106 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,372,400 shares (aggregating up to ₹25.15 Cr) |
| Fresh Issue | 2,372,400 shares (aggregating up to ₹25.15 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,579,000 |
| Share holding post issue | 8,951,400 |
| Market Maker portion | 123,600 shares |
Today’s GMP for Dhariwalcorp IPO
Today’s expected GMP for Dhariwalcorp IPO is ₹7. GMP rate changes daily according to the interest of investors’ subscription rates. Below is the latest update on Dhariwalcorp IPO’s GMP.
| GMP Date | IPO Price | GMP Price |
| August 2, 2024 | ₹102-₹106 | ₹11 |
| August 1, 2024 | ₹102 – ₹106 | ₹9 |
| July 31, 2024 | ₹102 to ₹106 | ₹7 |
Dhariwalcorp IPO: Important Dates
All the important dates regarding the Dhariwalcorp Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Dhariwalcorp IPO’s opening date is August 1, 2024 and the offer will close on August 5, 2024.
| IPO Open Date | Thursday, August 1, 2024 |
| IPO Close Date | Monday, August 5, 2024 |
| Basis of Allotment | Tuesday, August 6, 2024 |
| Initiation of Refunds | Wednesday, August 7, 2024 |
| Credit of Shares to Demat | Wednesday, August 7, 2024 |
| Listing Date | Thursday, August 8, 2024 |
Dhariwalcorp Limited IPO Lot Size and Investors Type
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹127,200 |
| Retail (Max) | 1 | 1200 | ₹127,200 |
| HNI (Min) | 2 | 2,400 | ₹254,400 |
Dhariwalcorp IPO’s Investors Category Quota Shares Offered
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicator
The market capitalization of the Dhariwalcorp Limited IPO is ₹94.88 crore.
| KPI | Values |
|---|---|
| ROE | 51.50% |
| ROCE | 59.80% |
| Debt/Equity | 1 |
| RoNW | 51.50% |
| P/BV | 7.95 |
| PAT Margin (%) | 1.97 |
Dhariwalcorp IPO Promoter Holding Patterns
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 73.50% |
Dhariwalcorp Limited Financial
| Particular | FY23-24 | FY22-23 |
| Assets | 21.31 crore | 19.61 crore |
| Revenue | 231.11 crore | 195.20 crore |
| Profit After Tax | 4.51 crore | 59.84 lakh |
| Net Worth | 8.75 crore | 2.51 crore |
| Reserves and Surplus | 21.7 crore | 2.41 crore |
| Total Debts | 8.79 crore | 6.2 crore |
FAQs
1. What is the Dhariwalcorp Limited IPO’s GMP price?
The current GMP price of Dhariwalcorp Limited IPO is ₹7.
2. On which exchange will Dhariwalcorp Limited IPO be listed?
Dhariwalcorp Limited shares are to be listed on the NSE SME.
3. When is the allotment date for Dhariwalcorp’s IPO?
The allotment date of the Dhariwalcorp Ltd IPO is August 6, 2024.
4. What are the opening and closing dates of Dhariwalcorp Ltd IPO?
Dhariwalcorp IPO will open on August 1, 2024 & close on August 5, 2024.
5. When is the listing date for the Dhariwalcorp Limited IPO?
Dhariwalcorp IPO’s listing date is August 8, 2024.
Conclusion
After reviewing the financials and other fundamentals of Dhariwalcorp Limited, investing in this IPO or shares could be risky. However, please make sure to invest after careful consideration and at your own risk. Updates on the Dhariwalcorp IPO GMP (Grey Market Premium) and listing price will continue to be available on this page.
To get more information and regular updates on the Dhariwalcorp Limited IPO, keep in touch with The Invest Advisory.