Dhariwalcorp’s IPO date has been set. The IPO will begin on August 1 and end on August 5. Dhariwalcorp’s NSE SME IPO aims to raise ₹25.15 crore. The Dhariwalcorp IPO price band is set at ₹102 to ₹106, with a market lot of 1200 shares.
Dhariwalcorp IPO Details (Price, Date, GMP)
| Open Date | August 1, 2024 |
| Close Date | August 5,2024 |
| Listing Date | August 8, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹106 per share |
| Lot Size | 1200 Shares |
| Article Category | IPO |
| Total Issue Size | 2,372,400 shares
(aggregating up to ₹25.15 Cr) |
| Fresh Issue | 2,372,400 shares
(aggregating up to ₹25.15 Cr) |
Dhariwalcorp IPO Financials
| FY23-24 | |
| Assets | 21.31 crore |
| Revenue | 231.11 crore |
| Net Worth | 8.75 crore |
| Total Debts | 8.79 crore |
| ROE | 51.50% |
| ROCE | 59.80% |
| Debt/Equity | 1 |
| RoNW | 51.50% |
Dhariwalcorp IPO GMP
The Grey Market Premium for Dhariwal Corp Limited’s IPO is projected to be between ₹30 and ₹35, depending on the company’s financial performance. Because no genuine trading can place on the basis of the Grey Market Premium, no true price discovery may occur prior to the listing of shares on the stock exchange. The Grey Market Premium is completely dependent on the demand and supply of the company’s shares in a disorganized manner, which is not advised. The Grey Market Premium is mentioned solely for educational and informational purposes.
About Dhariwalcorp
Dhariwalcorp Limited is a Jodhpur-based company that imports and exports wax, petroleum jelly, and industrial chemicals. Along with this, the company supplies and manufactures candles. Dhariwalcorp Limited is a subsidiary of Dhariwala Group. Mr. Manish Dhariwal created it in 2020. The company has announced its IPO (Initial Public Offering). Which opens on August 1, 2024 and closes on August 5, 2024. That will be listed on August 8, 2024, on NSE SME. Dhariwalcorp’s IPO is a fresh issue of 23 lakh shares for ₹25.15 crore. Each share has a face value of ₹10. The IPO price band is established at ₹102 to ₹106 per share, with a lot size of 1,200.
Dhariwalcorp serves a diverse range of sectors, such as plywood and board, paper coating, crayon manufacturing, candle production, textiles, pharmaceuticals, petroleum jelly and cosmetics, tube and tire manufacturing, match production, food processing, and adhesive manufacturing. Their products are essential to various industries, assuring high quality and prompt delivery both domestically and internationally.
