Dhariwalcorp IPO Date, Details, Allotment & Analyses

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The Dhariwalcorp IPO is set to issue 23.72 lakh new shares. This offering will be open for subscriptions from August 1, 2024, to August 5, 2024. Allotment of shares is expected to be completed by August 6, 2024, and the shares will likely be listed on the NSE SME on August 8, 2024. The IPO price range has not been announced yet.

Shreni Shares Limited is the lead manager handling the IPO, while Bigshare Services Pvt Ltd will manage the registration process. Shreni Shares will also act as the market maker for this IPO.

Dhariwalcorp IPO Details

Open DateAugust 1, 2024
Close DateAugust 5, 2024
IPO SizeA total of Rs ₹[.] crores and 23.72 lakh shares
Fresh Issue23,72,400 Equity Shares
Face Value₹10 per share
IPO Price Band₹[.] to ₹[.] per share
IPO Listing onNSE SME
Lot Size[.] Shares
OFSN.A
Share Offered to Retail35%
Share Offered to QIB50%
Share Offered to HNI15%

Dhariwalcorp IPO Date

  • IPO Open Date: August 1, 2024
  • IPO Close Date: August 5, 2024
  • Allotment: August 6, 2024
  • Refunds: August 7, 2024
  • Shares Credit to Demat: August 7, 2024
  • Listing Date: August 8, 2024

Lot Size

ApplicationLotsSharesAmount
Retail (Min)1
Retail (Max)1
HNI (Min)2

Promoter Holding

The company’s promoters are Mr. Manish Dhariwal, Ms. Shakshi Dhariwal, and Mr. Dilip Dhariwal. Before the IPO, they collectively hold 99.99% of the shares. After the IPO, their combined shareholding will be reduced to 73.50%.

Dhariwalcorp IPO GMP (Grey Market Premium)

If you want to know Dhariwalcorp IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Dhariwalcorp IPO Subscription Status

Dhariwalcorp IPO subscription starts on August 1, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Dhariwalcorp IPO Allotment Status

To check the Dhariwalcorp IPO allotment status go to the IPO registrar website ” Bigshare Services Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status.

Know About Company

Dhariwalcorp Limited Overview

Company Profile:

  • Incorporation: 2020
  • Business: Trading a wide range of waxes, industrial chemicals, and petroleum jelly

Products Offered:

CategoryProducts
WaxesParaffin 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, Soya Wax
Industrial ChemicalsRubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid
Petroleum JellyParaffin Petroleum Jelly, White Petroleum Jelly

Industry Applications:

  • Plywood and Board
  • Paper Coating
  • Crayon Manufacturing
  • Candle Production
  • Textiles
  • Pharmaceuticals
  • Petroleum Jelly & Cosmetics
  • Tube & Tire Manufacturing
  • Match Production
  • Food Processing
  • Adhesive Manufacturing

Operations:

  • Processing Unit: One processing facility
  • Warehouses:
  • Jodhpur, Rajasthan
  • Bhiwandi, Maharashtra
  • Ahmedabad, Gujarat
  • Mundra, Dist. Kachchh, Gujarat
  • Sales:
  • Active in 21 states and 3 Union Territories in India
  • Export to Nepal

Revenue from Domestic Sales:

Fiscal YearRevenue (₹ Lakhs)Contribution to Total Revenue
FY 2024226.3098.91%
FY 2023191.9398.97%
FY 2022158.1399.72%

Dhariwalcorp Limited Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets₹2,131.30 Lakhs₹1,961.06 Lakhs₹1,351.04 Lakhs
Revenue₹23,111.35 Lakhs₹19,519.43 Lakhs₹15,920.11 Lakhs
Profit After Tax (PAT)₹450.63 Lakhs₹59.84 Lakhs₹142.41 Lakhs
Net Worth₹875.00 Lakhs₹251.42 Lakhs₹191.58 Lakhs
Total Borrowing₹878.76 Lakhs₹618.13 Lakhs₹571.43 Lakhs

Key Performance Metrics:

  • Revenue Growth (FY 2024 vs. FY 2023): Increased by 18.4%
  • Profit After Tax Growth (FY 2024 vs. FY 2023): Rose by 653.06%

KIP of Dhariwalcorp Limited

The Key Performance Indicators (KPIs) for Dhariwalcorp Limited:

Key Performance IndicatorsMarch 31, 2024March 31, 2023
Revenue from Operations₹22,880.29 Lakhs₹19,392.76 Lakhs
EBITDA₹668.73 Lakhs₹158.16 Lakhs
EBITDA Margin (%)2.92%0.82%
PAT₹450.63 Lakhs₹59.84 Lakhs
PAT Margin (%)1.97%0.31%
Return on Equity (%)51.50%23.80%
Debt-Equity Ratio (times)1.002.46
Current Ratio (times)1.621.09

Notes:

  • EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization
  • PAT: Profit After Tax
  • EBITDA Margin: (EBITDA / Revenue from Operations) × 100
  • PAT Margin: (PAT / Revenue from Operations) × 100
  • Return on Equity (ROE): (PAT / Net Worth) × 100
  • Debt-Equity Ratio: Total Borrowing / Net Worth
  • Current Ratio: Current Assets / Current Liabilities

Peer Group

  • Ashapuri Gold Ornaments Limited
  • Sky Gold Limited
  • Swarnsarita Jewels India Limited
  • Uday Jewellery Industries Ltd

Dhariwalcorp Limited IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri (East), Mumbai – 400 093, Maharashtra, India
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investors Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com

Dhariwalcorp Limited IPO Lead Manager

SHRENI SHARES LIMITED
(Formerly Known as Shreni Shares Private Limited)
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra, India.
Telephone: 022 – 2089 7022
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Contact Person: Ms. Tanya Goyal
Website: www.shreni.in

Dhariwalcorp Limited Contact

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 Limited IPO Application Form PDF

To download the Dhariwalcorp Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

FAQs – Dhariwalcorp Limited IPO

When does the Dhariwalcorp IPO open and close?

The IPO opens on August 1, 2024, and closes on August 5, 2024.

What is the expected listing date for Dhariwalcorp shares?

The shares are expected to be listed on the NSE SME on August 8, 2024.

Where can I download the IPO application form?

The application form can be downloaded from the ASBA IPO Forms PDF section.

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