Dhariwalcorp Limited IPO
Dhariwalcorp Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹102–₹106 per share. The stock debuted at ₹150, delivering a listing gain of 41.5%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,27,200.
Dhariwalcorp Limited IPO
- IPO Dates
- Aug 1, 2024 – Aug 5, 2024
- Price band
- ₹102-106 per equity share
- Minimum Investment
- ₹1,27,200
- Issue size
- ₹25.15 Cr
- Lot size
- 1200
- Allotment Date
- Aug 6, 2024
- Listing
- Aug 8, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 1, 2024
Open Date
Completed
-
Aug 5, 2024
Close Date
Completed
-
Aug 6, 2024
Allotment Date
Completed
-
Aug 8, 2024
Listing Date
Completed
Dhariwalcorp Limited IPO Essentials
Dhariwalcorp Limited IPO Details
Dhariwalcorp Limited IPO is priced at ₹102-106 per share with a total issue size of 25.15 crore. The IPO has a lot size of 1200 shares and is listed on an NSE SME.
- Issue price
- ₹102-106 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,372,400 shares(aggregating up to ₹25.14 Cr)
- Total issue size
- 23,72,400 shares
(aggregating up to ₹25.15 crore) - Fresh issue
- 23,72,400 shares
(aggregating up to ₹25.15 crore) - Listing at
- NSE SME
- List price
- 150.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,27,200 |
| Retail(max) | 1 | 1200 | ₹1,27,200 |
| NII (min) | 2 | 2400 | ₹2,54,400 |
Dhariwalcorp Limited IPO Reservation
Dhariwalcorp Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,372,400 shares, approximately 18.66% are reserved for QIB, 14.67% for NII, 33.64% for retail investors, 5.21% for market maker, and 27.82% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 660,000 (27.82%) | |
| Market Maker Shares Offered | 123,600 (5.21%) | |
| QIB Shares Offered | 442,800 (18.66%) | |
| NII (HNI) Shares Offered | 348,000 (14.67%) | |
| Retail Shares Offered | 798,000 (33.64%) | |
| Total Shares Offered | 2,372,400 (100%) |
Dhariwalcorp Limited IPO Analytics
Dhariwalcorp Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dhariwalcorp Limited IPO Subscription Status
Dhariwalcorp Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹6.85/-
- EPS Post IPO
- ₹5.03/-
- P/E Pre IPO
- 15.48
- P/E Post IPO
- 21.06
Returns
- ROE
- 51.50%
- ROCE
- 59.80%
- RoNW
- 51.50%
- PAT Margin
- 1.97
Fundamentals
- Debt / Equity
- 1.00
- Price / Book
- 7.95
Dhariwalcorp Limited Financials( In Lakhs)
| 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 |
Dhariwalcorp Limited Company & Offer Insights
About Dhariwalcorp Limited
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)
Mr. Manish Dhariwal, Ms. Shakshi Dhariwal, Mr. Dilip Dhariwal are the company's promoters of Dhariwalcorp Limited.
Dhariwalcorp Limited IPO Issue Objectives
- •
- Funding Capital Expenditure towards construction of Warehouse
- •
- Funding working capital requirements of the company
- •
- General corporate purposes
Contact Information
Contact Details
Dhariwalcorp Limited
+91 70141 31630
investor@dhariwalcorporation.com
36, Narayan Nagar, Shobhawaton ki dhani, Pal Link Road, Jodhpur – 342001
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Dhariwalcorp Limited IPO is a book-built IPO worth ₹25.15 crore. The price band is ₹102–₹106 per share. The IPO opens on Aug 1, 2024 and closes on Aug 5, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Dhariwalcorp Limited IPO is ₹102 to ₹106 per share.
The lot size of Dhariwalcorp Limited IPO is 1200 shares.
The minimum investment for Dhariwalcorp Limited IPO is approximately ₹1,27,200 based on the upper price band .
Dhariwalcorp Limited IPO opens on Aug 1, 2024 and closes on Aug 5, 2024.
The allotment date of Dhariwalcorp Limited IPO is Aug 6, 2024.
Dhariwalcorp Limited IPO is expected to be listed on Aug 8, 2024, on NSE SME Platform.
Dhariwalcorp Limited IPO valuation snapshot: P/E 21.06, EPS ₹5.03/-, P/B 7.95, RoNW 51.50%, and market cap N/A.
To apply for Dhariwalcorp Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Dhariwalcorp Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Dhariwalcorp Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dhariwalcorp Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dhariwalcorp Limited IPO allotment status on IPO Ji for quick and easy access.