Dhariwalcorp Limited IPO
NSE SMEListed On: Aug 8, 2024 at ₹ 150.0
₹ 127200 /1200 Shares
Check Allotment01 Aug, 2024
Open Date05 Aug, 2024
Close Date06 Aug, 2024
Allotment Date08 Aug, 2024
Listing DateIssue Price
₹102-106 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
150.0Listing Date
2024-08-08Market Lot
1200 Shares (₹127,200/-)Lead Manager
Shreni Shares LimitedIssue Size
2,372,400 shares(aggregating up to ₹25.14 Cr)Retail Portion
35%Subscription
174.90 times
The IPO of Dhariwalcorp Limited is priced at ₹102-106 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Dhariwalcorp Limited IPO bid opening date is from Aug 1, 2024 and the bid closing date was Aug 5, 2024.
Dhariwalcorp Limited IPO allotment result will be available on Aug 6, 2024. The tentative listing date for Dhariwalcorp Limited is Aug 8, 2024.
The total issue size is 2,372,400 shares(aggregating up to ₹25.14 Cr).
Dhariwalcorp Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 442,800 / 348,000 | 798,000 | 1,588,800 |
| Day 1 - 01-08-24 06:00 PM | 0.00 / 1.83 x | 5.90 x | 3.37 x |
| Day 2 - 02-08-24 06:00 PM | 0.00 / 5.71 x | 17.35 x | 9.97 x |
| Day 3 - 05-08-24 06:00 PM | 76.93/ 279.52 x | 183.64 x | 174.90 x |
Dhariwalcorp Limited Valuations
EPS Pre IPO
₹6.85/-EPS Post IPO
₹5.03/-P/E Pre IPO
15.48P/E Post IPO
21.06ROE
51.50%ROCE
59.80%Debt/Equity
1.00RoNW
51.50%PAT Margin
1.97Price to Book Value
7.95Dhariwalcorp Limited Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,131.30 | 1,961.06 | 1,351.04 |
| Revenue | 23,111.35 | 19,519.43 | 15,920.11 |
| Profit After Tax | 450.63 | 59.84 | 142.41 |
| Net Worth | 875.00 | 251.42 | 191.58 |
| Reserves & Surplus | 217.10 | 241.42 | 181.58 |
| Total Borrowing | 878.76 | 618.13 | 571.43 |
About The Company
Dhariwalcorp Limited was incorporated in 2020 and trades in a wide range of waxes, industrial chemicals, and petroleum jelly.
The company undertakes processes that include purchasing, sales, importing, and trading several types of wax including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi-Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, montan wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, and Soya Wax.The company also deals in industrial chemicals, including Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.
Dhariwalcorp caters to industries such as Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, Petroleum Jelly & Cosmetics, Tube & Tire Manufacturing, Match Production, Food Processing, and Adhesive Manufacturing. It plays a great role in the supply chain of these industries so that quality products are delivered at the right time.
The company operates one processing unit and has warehouses in Jodhpur, Rajasthan, Bhiwandi, Maharashtra, Ahmedabad, Gujarat, and Mundra, Dist. Kachchh, Gujarat.The company operates in 21 states and 3 Union territories in India for domestic sales. It also exports to Nepal. Domestic sales revenue for the fiscal years 2024, 2023, and 2022 was ₹226.30 Lakhs, ₹191.93 Lakhs, and ₹158.13 Lakhs, respectively, which made up 98.91%, 98.97%, and 99.72% of its total revenue from operations for those respective years.
On March 31, 2024, it has seven employees who are departmental officials.
Dhariwalcorp Limited - Promoter(s)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: 73.50%
- Mr. Manish Dhariwal
- Ms. Shakshi Dhariwal
- Mr. Dilip Dhariwal
Dhariwalcorp Limited IPO - Issue Objectives
- Funding Capital Expenditure towards construction of Warehouse
- Funding working capital requirements of the company
- General corporate purposes
Other Details
Dhariwalcorp Limited
36, Narayan Nagar, Shobhawaton ki dhani, Pal Link Road, Jodhpur – 342001Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Dhariwalcorp Limited IPO - FAQs
Ans. Dhariwalcorp Limited IPO is a SME IPO. The issue is priced at ₹102-106 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 1, 2024, and closes on Aug 5, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Dhariwalcorp Limited IPO opens on Aug 1, 2024 and closes on Aug 5, 2024.
Ans. The size of Dhariwalcorp Limited IPO is 2,372,400 shares(aggregating up to ₹25.14 Cr).
Ans. The IPO price band is set between ₹102-106 per equity share.
Ans. To apply for Dhariwalcorp Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Dhariwalcorp Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Dhariwalcorp Limited IPO is Aug 6, 2024.
Ans. The Dhariwalcorp Limited IPO will be listed on Aug 8, 2024.
Ans. Follow the steps to check the allotment status for Dhariwalcorp Limited IPO here.
