Dhariwalcorp IPO Details: The Dhariwalcorp IPO is scheduled to open on August 1 and close on August 5. This NSE SME IPO aims to raise ₹25.15 crores. The price band for the Dhariwalcorp IPO is set between ₹102 and ₹106, with a minimum lot size of 1,200 shares.
Dhariwalcorp specializes in trading a wide array of products, including waxes, industrial chemicals, and petroleum jelly. Their extensive product lineup features 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 trades in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and various forms of Petroleum Jelly, including Paraffin and White Petroleum Jelly.
Dhariwalcorp caters to a wide range of industries, including Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, Petroleum Jelly & Cosmetics, Tube & Tire Manufacturing, Match Production, Food Processing, and Adhesive Manufacturing. Their products are integral to these sectors, ensuring high quality and timely delivery both domestically and internationally. They source their products from global markets including China, Egypt, Singapore, UAE, UK, and Hong Kong, and within India from states such as Assam, Bihar, Dadra and Nagar Haveli & Daman and Diu, Delhi, Goa, Gujarat, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Uttarakhand.
Dhariwalcorp IPO Objectives:
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding Capital Expenditure towards construction of Warehouse
- Funding working capital requirements of the company;
- General corporate purposes
Dhariwalcorp IPO Review (Apply or Not)
- Update soon.
Dhariwalcorp IPO Date & Price Band Details:
| IPO Open: | August 1, 2024 |
| IPO Close: | August 5, 2024 |
| IPO Size: | Approx ₹25.15 Crores, 2,372,400 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹102 to ₹106 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Dhariwalcorp IPO Lot Size:
The Dhariwalcorp IPO requires a minimum investment of ₹127,200 for a market lot of 1,200 shares.
| 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 Timeline:
The Dhariwalcorp IPO will open on August 1 and close on August 5. The allotment date is set for August 6, with the potential listing on August 7.
| IPO Open Date: | August 1, 2024 |
| IPO Close Date: | August 5, 2024 |
| Basis of Allotment: | August 6, 2024 |
| Refunds: | August 7, 2024 |
| Credit to Demat Account: | August 7, 2024 |
| IPO Listing Date: | August 8, 2024 |
Dhariwalcorp IPO GMP Today:
The last Grey Market Premium (GMP) for the Dhariwalcorp SME IPO is ₹15. With a price band of ₹106.00, the estimated listing price is ₹121 (i.e., the cap price plus today’s GMP). This indicates an expected percentage gain of approximately 14.15% per share.
Dhariwalcorp Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹159.20 | ₹157.32 | ₹1.42 |
| 2023 | ₹195.19 | ₹194.34 | ₹0.60 |
| 2024 | ₹231.11 | ₹225.09 | ₹4.51 |
Dhariwalcorp IPO Valuation – FY2024
Check Dhariwalcorp IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.87 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 51.50% |
| Net Asset Value (NAV): | ₹13.34 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Manish Dhariwal
- Ms. Shakshi Dhariwal
- Mr. Dilip Dhariwal
Dhariwalcorp IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Dhariwalcorp IPO Allotment Status
Check Dhariwalcorp IPO allotment status on Bigshare website URL. Click Here
Dhariwalcorp IPO Lead Managers aka Merchant Bankers
- Shreni Shares Limited
Company Address
Dhariwalcorp Limited
36, Narayan Nagar, Shobhawaton ki dhani
Pal Link Road
Jodhpur – 342001
Phone: 70141 31630
Email: investor@dhariwalcorporation.com
Website: http://www.dhariwalcorporati/
Dhariwalcorp IPO FAQs
1. What are the key dates for the Dhariwalcorp IPO?
- IPO Opening Date: August 1, 2024
- IPO Closing Date: August 5, 2024
- Allotment Date: August 6, 2024
- Expected Listing Date: August 7, 2024
2. What is the price band for the Dhariwalcorp IPO?
The price band for the Dhariwalcorp IPO is set between ₹102 and ₹106 per share.
3. What is the minimum lot size and application amount for the Dhariwalcorp IPO?
The minimum market lot is 1,200 shares, requiring an application amount of ₹127,200.
4. What is the Grey Market Premium (GMP) for the Dhariwalcorp IPO?
As of July 29th, 2024, the last GMP is ₹15.
5. What is the estimated listing price for the Dhariwalcorp IPO?
With the current GMP, the estimated listing price is ₹121 per share.
6. What is the expected percentage gain or loss per share?
Based on the current GMP and price band, the expected percentage gain is approximately 14.15%.
7. What is Dhariwalcorp’s business focus?
Dhariwalcorp is involved in trading a wide range of waxes, industrial chemicals, and petroleum jelly. Their product range includes Paraffin Wax, Micro Wax, Carnauba Wax, and various industrial chemicals such as Rubber Process Oil and Citric Acid Monohydrate.
8. Which industries does Dhariwalcorp serve?
Dhariwalcorp supplies products to industries such as Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, and more.
9. Where does Dhariwalcorp source its products from?
Dhariwalcorp sources products both domestically and internationally from markets including China, Egypt, Singapore, UAE, UK, and Hong Kong.
10. How can I apply for the Dhariwalcorp IPO?
You can apply for the IPO through your stockbroker or via online trading platforms that support IPO applications. Make sure to complete your application before the closing date of August 5, 2024.
