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Dhariwalcorp Limited IPO (Dhariwalcorp IPO) Details
Dhariwalcorp Limited
Dhariwalcorp IPO's overview
Dhariwalcorp IPO is a book built issue of ₹25.15 Cr (25,14,74,400). The issue includes a fresh issue of 23.72 Lakh (23,72,400) shares aggregating to ₹25.15 Cr (25,14,74,400).
Dhariwalcorp IPO bidding started from Aug 01, 2024 and ended on Aug 05, 2024. The allotment for Dhariwalcorp IPO was finalized on Aug 06, 2024. The shares got listed on NSE on Aug 08, 2024.
Dhariwalcorp IPO price band is set at ₹102 to ₹106 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1.22 Lakh (1,22,400).
Refer to Dhariwalcorp IPO RHP for detailed information.
IPO date
Aug 01,2024 - Aug 05,2024
Listing Date
Aug 08,2024
Face value
₹10
Price Band
₹102 to ₹106 per share
Lot
₹1200 Shares
Total Issue Size
23.72 Lakh (23,72,400)
aggregating up to ₹25.15 Cr (25,14,74,400)
Fresh Issue
23.72 Lakh (23,72,400)
aggregating up to ₹25.15 Cr (25,14,74,400)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Thu, Aug 01, 2024
IPO Open
Mon, Aug 05, 2024
IPO Close
Tue, Aug 06, 2024
Basis of Allotment
Wed, Aug 07, 2024
Initiation of Refunds
Wed, Aug 07, 2024
Credit of Shares to Demat
Thu, Aug 08, 2024
Listing
Dhariwalcorp IPO Day-wise IPO GMP Trend
Dhariwalcorp IPO last GMP is ₹42, last updated Aug 07,2024. With the price band of 106.00, Dhariwalcorp IPO's estimated listing price is ₹148 (cap price + today's GMP).The expected percentage gain/loss per share is 39.62%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 07-Aug-24 | 106.00 | 42 | 148(39.62%) | 7-Aug-2024 15:55 |
| 06-Aug-24 | 106.00 | 40 | 146(37.74%) | 6-Aug-2024 23:31 |
| 05-Aug-24 | 106.00 | 40 | 146(37.74%) | 5-Aug-2024 23:30 |
| 04-Aug-24 | 106.00 | 60 | 166(56.60%) | 4-Aug-2024 23:30 |
| 03-Aug-24 | 106.00 | 60 | 166(56.60%) | 3-Aug-2024 23:28 |
| 02-Aug-24 | 106.00 | 64 | 170(60.38%) | 2-Aug-2024 23:27 |
| 01-Aug-24 | 106.00 | 60 | 166(56.60%) | 1-Aug-2024 23:27 |
| 31-Jul-24 | 106.00 | 50 | 156(47.17%) | 31-Jul-2024 23:24 |
| 30-Jul-24 | 106.00 | 35 | 141(33.02%) | 30-Jul-2024 23:31 |
| 29-Jul-24 | 106.00 | 20 | 126(18.87%) | 29-Jul-2024 23:27 |
| 28-Jul-24 | 0 | (0.00%) | 28-Jul-2024 06:03 | |
| 27-Jul-24 | 0 | (0.00%) | 27-Jul-2024 06:03 | |
| 26-Jul-24 | 0 | (0.00%) | 26-Jul-2024 13:33 |
Dhariwalcorp IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.27 Lakh (1,27,200) |
Retail(Max) | 1 | 1,200 | ₹1.27 Lakh (1,27,200) |
HNI(Min) | 2 | 2,400 | ₹2.54 Lakh (2,54,400) |
Dhariwalcorp IPO Financial Information (Restated Consolidated)
| Label | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|
| Assets | 1,351.04 | 1,961.06 | 2,131.30 |
| Revenue | 15,920.11 | 19,519.43 | 23,111.35 |
| Profit After Tax | 142.41 | 59.84 | 450.63 |
| Net Worth | 191.58 | 251.42 | 875.00 |
| Reserves and Surplus | 181.58 | 241.42 | 217.10 |
| Total Borrowing | 571.43 | 618.13 | 878.76 |
About Dhariwalcorp Limited
Incorporated in 2020, Dhariwalcorp Limited trades in a wide range of waxes, industrial chemicals, and petroleum jelly.
The company processes, purchases, sells, imports, and trades various 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 such as 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 serves 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. The company plays a significant role in the supply chain of these sectors, ensuring quality products and timely delivery."
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. They also export products to Nepal. The revenue from domestic sales for the fiscal years 2024, 2023, and 2022 was ₹226.30 Lakhs, ₹191.93 Lakhs, and ₹158.13 Lakhs, respectively, contributing to 98.91%, 98.97%, and 99.72% of its total revenue from operations for those years.
As of March 31, 2024, the company has seven department employees.
Dhariwalcorp IPO's documents
Dhariwalcorp Limited Contact Details
Dhariwalcorp Limited
36, Narayan Nagar, Shobhawaton ki dhani
Pal Link Road
Jodhpur – 342001
Phone: 70141 31630
Email: [email protected]
Website: http://www.dhariwalcorporati/
Dhariwalcorp IPO's Promoters
The promoters of the company are Mr. Manish Dhariwal, Ms. Shakshi Dhariwal and Mr. Dilip Dhariwal.