Dhariwalcorp - AstroIPO

Dhariwalcorp IPO


July 29, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Dhariwalcorp Ltd., a trading company, is set to launch its IPO on August 1, 2024. The offering, which closes on August 5, aims to raise between Rs. 17.47 and 18.15 crore through a book-building process.

The price band is set at Rs. 102-106 per share, with a face value of Rs. 10. Investors can apply for a minimum of 1,200 shares, with a maximum retail subscription limit of Rs. 5 lakhs.

The company plans to list on the National Stock Exchange (NSE), offering 17.12 lakh shares to the public. This IPO presents an opportunity for those looking to enter the trading sector, which has shown resilience and growth potential in recent years. Dhariwalcorp’s decade-long presence in the market suggests a stable business model.

Dhariwalcorp IPO Details

IPO Size 25.15
Price Range ₹102 to ₹106
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1200
Investment (cut-off price) ₹127,200
Pre IPO Promotor Holding 99.99%
Post IPO Promotor Holding 73.50%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Dhariwalcorp IPO Timelines

01/08/2024
Start Date
05/08/2024
End Date
06/08/2024
Allotment Date View Status
07/08/2024
Refund Initiation
07/08/2024
Credit of Shares to Demat Ac
08/08/2024
Listing Date

Dhariwalcorp IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹127,200
Retail Maximum 1 1200 ₹127,200
S-HNI Minimum 2 2400 ₹254,400

Dhariwalcorp IPO Subscription Status

QIB NII Retail EMP Total
76.93 x 279.17 x 183.89 x -- 174.95 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹150 ₹142.50 ₹152 ₹142.50

Dhariwalcorp IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹159.20 ₹157.32 ₹1.42
FY 2023 ₹195.19 ₹194.34 ₹0.60
FY 2024 ₹231.11 ₹225.09 ₹4.51

About Company

Incorporation Date Sector Managing Director
2020 Trading MANISH DHARIWAL

Know Before Investing

Dhariwalcorp IPO Strengths

Dhariwalcorp IPO Risks

Swot Analysis for Dhariwalcorp IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Dhariwalcorp Limited

36, Narayan Nagar, Shobhawaton ki dhani
Pal Link Road
Jodhpur – 342001

Phone: 70141 31630

Email: [email protected]

Website: https://www.dhariwalcorporation.com/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: [email protected]

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Dhariwalcorp IPO are:

 

Shreni Shares Pvt Ltd. is the book-running lead managers for the Dhariwalcorp IPO.

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