IPO

Dhariwalcorp Ltd. IPO

Dhariwalcorp Ltd., established in 2020, operates in the Trading & Distributors sector. The company's IPO opened on August 1, 2024 and closed on August 5, 2024, with an issue price of ₹106. The ... Read more

Min Investment
₹ 1,27,200 / 1200 shares
Price Range
₹102 - ₹ 106
Bidding Dates
1 Aug '24 - 5 Aug '24
Total Issue Value
25.15 Cr
Lot Size
1,200
Total Issue Size
25.15 Cr
Listing At
NSE SME
Subscription
166.63 times
NSE Price
130.00 (22.64%)

IPO Timeline

  • 1 Aug 2024
    Bidding Starts
  • 5 Aug 2024
    Bidding Ends
  • 6 Aug 2024
    Allotment Finalization
  • 8 Aug 2024
    Listing

About Dhariwalcorp Ltd.

Our Company Dhariwalcorp is a trading entity engaged in a comprehensive waxes, industrial chemicals, and petroleum jelly. With expertise in processing, purchasing, and trading, the company offers a diverse range of products, including Paraffin Wax, Rubber Process Oil, and White Petroleum Jelly. ... Read more

Parent organisation
Founded
Dhariwalcorp Ltd.
2020

Dhariwalcorp Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 6,60,000 (27.82%)
Market Makers 1,23,600 (5.21%)
Non Institutional Investors 3,48,000 (14.67%)
Qualified Institutional Buyers (QIBs) 4,42,800 (18.66%)
Retail Individual Investors (RIIs) 7,98,000 (33.64%)

Dhariwalcorp Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 231.11 Cr 4.51 Cr 2.17 Cr
31 Mar 2023 195.19 Cr 59.84 Lakh 2.41 Cr
31 Mar 2022 159.20 Cr 1.42 Cr 1.82 Cr

Dhariwalcorp Ltd. Background

Our Company was originally incorporated under the name “Dhariwalcorp Private Limited” under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated June 14, 2020, issued by the Assistant Registrar of Companies, Central Registration Centre. Subsequently, the ...

Read more

Major Events And Milestones
  • 2020
    Incorporation of our Company as private limited company
  • 2024
    Conversion of our Company from Private Limited to Public Limited Company
Dhariwalcorp Ltd. Object of Issues

1.Funding Capital Expenditure towards construction of Warehouse
2.Funding Working Capital Requirements of our Company
3.General corporate purposes

Dhariwalcorp Ltd. IPO Listing Details
Listing Date
8 Aug 2024
NSE Symbol
DHARIWAL
ISIN
INE0YRN01017
Final Issue Price
₹ 106
Dhariwalcorp Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 106.00
Open - ₹ 150.00
Low - ₹ 142.50
High - ₹ 152.00
Last Trade - ₹ 142.50
Dhariwalcorp Ltd. Company Promoters

1. Mr. Manish Dhariwal
2. Ms. Shakshi Dhariwal
3. Mr. Dilip Dhariwal

Industry Overview

The India wax market size is projected to exhibit a growth rate (CAGR) of 4.5% during 2024-2032. The widespread product adoption across the industrial sector, the growing product utilization in the manufacturing of vehicle polish and the extensive product use in fruit coatings to extend shelf ... Read more

Dhariwalcorp Ltd. Contact Details
Address: 36, Narayan Nagar, Shobhawaton ki dhani, Pal Link Road, Jodhpur Rajasthan - 342001
Phone no:7014131630
7014131630
|
Dhariwalcorp Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Dhariwalcorp Ltd. IPO Lead Manager(s)
Shreni Shares Ltd.
No. 217, Hive 67 Icon, Poisar Gymkhana Road, Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West, Mumbai Maharashtra - 400067
20897022

FAQs

When does Dhariwalcorp Ltd. IPO opens and closes?

Dhariwalcorp Ltd. IPO opens from 1st August to 5th August 2024.

What is the size of Dhariwalcorp Ltd. IPO?

The size of the Dhariwalcorp Ltd. IPO is ₹25.15 Cr.

What is the price range of Dhariwalcorp Ltd. IPO?

The price range of Dhariwalcorp Ltd. IPO is at ₹102 to ₹106 per share.

What is the minimum investment and lot size required for the Dhariwalcorp Ltd. IPO?

The minimum investment required is ₹1,27,200 and minimum lot size is 1200 shares.

When is Dhariwalcorp Ltd. IPO listing date?

The Dhariwalcorp Ltd. IPO will be listed on 8th August 2024.

What is the objective of Dhariwalcorp Ltd. IPO?

1.Funding Capital Expenditure towards construction of Warehouse
2.Funding Working Capital Requirements of our Company
3.General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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