IPO - Check IPO Date, Price, Lot Size

Dhariwalcorp Ltd IPO

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. Their commitment to quality and compliance ensures reliability across heavy and light chemicals, catering to various industries. Logistics and supply chain management underscore their efficiency in meeting customer demands. Positioned for growth, Dhariwalcorp continues to explore new markets, innovate product formulations, and enhance sustainability practices, exemplifying adaptability and excellence in the trading landscape.

Dhariwalcorp Ltd IPO Details

Total Shares Offered

₹ 23,72,400

Offer to Public

TBA

Retail Max (Shares)

₹ 7,98,000

Pre Issue Promoters Holding

₹ 65,78,592

Exchange

NSE

Issue size

₹ 25.15 Cr

IPO Open Date

Aug 1, 2024

Close Date

Aug 5, 2024

Lot Size

1200

Min Investment

₹ 1,22,400

Issue Type

Book Building - SME

Listing Date

Aug 8, 2024

Dhariwalcorp Ltd IPO Dates

Aug 1, 2024

Opening date

Aug 5, 2024

Closing date

Aug 6, 2024

Basis of Allotment

Aug 7, 2024

Initiation of Refunds

Aug 7, 2024

Credit of Shares

Aug 8, 2024

Listing date

Details

Sector	Type
Sector	Trading
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1102800
NII	0x	348000
Retail	0x	798000
Employee	0x	0
Total	0x	2372400

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1102800

348000

798000

2372400

Dhariwalcorp Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	5.23	6.11	0.96
EBITDA	5.48	6.20	1.07
PAT	3.56	4.51	0.60
Total Assets	54.42	16.52	18.08
Share Capital	8.95	6.58	0.10
Total Borrowings	22.22	11.24	4.02
Operating Activities (Net Cash)	3.81	4.60	0.71
Investing Activities (Net Cash)	0.67	-3.12	0.00
Financing Activities (Net Cash)	22.22	11.24	4.02
Net Cashflow	0.07	0.12	0.09

About Dhariwalcorp Ltd

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 status of the Company was changed to public limited and the name of our Company was changed to Dhariwalcorp Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on April 01, 2024. The fresh certificate of incorporation consequent to conversion was issued on May 04, 2024, by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Centralised Processing Centre. The Corporate Identification Number of our Company is U24242RJ2020PLC069105.

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 life represent some of the key factors driving the market.

Peer Comparison:

No Listed Industry Peers

Dhariwalcorp Ltd Key Points

Strengths

Wide range of products.

Location Advantages.

Experienced Promoter and management team.

Well established relationship with clients.

Risk

The company does not have long-term agreements with suppliers for its products and an increase in the cost of, or a shortfall in the availability or quality of such products could have an adverse effect on its business, financial condition and results of operations.

The company depends on the success of its relationships with its customers. The company derives a significant part of its revenue from the company major customers and the company does not have long term contracts with these customers. If one or more of such customers choose not to source their requirements from it, its business, financial condition and results of operations may be adversely affected.

The company is exposed to counterparty credit risk and any delay in receiving payments or non-receipt of payments may adversely impact its results of operations.

Strategy

Invest in proposed centralized warehouse facility and increase storage capacity.

Expand relationships with our existing customers.

Focus on increase in volume of sales.

Improving Functional Efficiency.

How To Apply for Dhariwalcorp Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Dhariwalcorp Ltd IPO?

Dhariwalcorp Ltd's IPO offers shares for up to 25.15 It begins on Aug 1, 2024 and ends on Aug 5, 2024.

What is the price of the Dhariwalcorp Ltd IPO?

The price of Dhariwalcorp Ltd IPO ranges between ₹102 to ₹106 per share.

What are the open and close dates for the Dhariwalcorp Ltd IPO?

The Dhariwalcorp Ltd IPO opens on Aug 1, 2024 and closes on Aug 5, 2024.

When will the Dhariwalcorp Ltd IPO be allotted?

The allotment for the Dhariwalcorp Ltd IPO will be finalised on Aug 6, 2024. The shares will be listed on BSE and NSE on Aug 8, 2024.

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

The minimum lot size for Dhariwalcorp Ltd IPO is 1200 shares, priced between ₹102 to ₹106 per share.

What is the GMP of Dhariwalcorp Ltd IPO?

The GMP (Grey Market Premium) of Dhariwalcorp Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Dhariwalcorp Ltd IPO?

To check the allotment status of Dhariwalcorp Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Dhariwalcorp Ltd IPO getting listed?

The Dhariwalcorp Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 1, 2024, and closes on Aug 5, 2024. The allotment is finalised on Aug 6, 2024.

How do you apply for the Dhariwalcorp Ltd IPO?

To apply for the Dhariwalcorp Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.