58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Dhariwalcorp Limited IPO (Dhariwalcorp IPO) Detail

Dhariwalcorp IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jodhpur and caters to Chemical sector. Shreni Shares is the merchant banker of Dhariwalcorp IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd May 2024.

Dhariwalcorp IPO open date is 1st August 2024 and close date is 5th August 2024. IPO Allotment Date is 6th August 2024 and Listing date is 8th August 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Dhariwalcorp IPO Date

Date of DRHP:
23rd May 2024
IPO Allotment Date:
6th August 2024
IPO Open Date:
1st August 2024
Initiation of Refund:
7th August 2024
IPO Closing Date:
5th August 2024
IPO Listing Date:
8th August 2024

Dhariwalcorp Limited IPO Info, Size, Subscription

Dhariwalcorp IPO size is Rs 25.15 Cr. crores with IPO price of Rs 106.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 25.15 Cr.

Issue Price:
₹ 106.00

Market Capitalisation :
₹ 94.88 Cr.

PE multiple :
21.06

Subscription :
174.95 times

Pre Issue Promoter Holding :
99.99 %

Post Issue Promoter Holding :
73.50%

Dhariwalcorp IPO Information

Sub Sector : Range of waxes, industrial chemicals, and petroleum jelly.
Dhariwalcorp Limited engaged in the business of trading of comprehensive range of waxes, industrial chemicals, and petroleum jelly. Their company is involved in processing, purchasing, selling, importing, and trading 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, Soya Wax, etc.
Additionally, Their Company trade 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. Their product range encompasses all types of heavy and light chemicals, chemical elements and compounds,
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Object of Issue (Dhariwalcorp Limited IPO Objectives)

  • Funding Capital Expenditure towards construction of Warehouse
  • Funding working capital requirements of the company
  • General corporate purposes

Shreni Shares Limited is the book-running lead manager of the Dhariwalcorp IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Dhariwalcorp IPO.

Dhariwalcorp Limited IPO Market Maker

Shreni Shares Limited

Dhariwalcorp Limited IPO Registrar (RTA)

Bigshare Services Private Limited

Dhariwalcorp Limited IPO Lead Manager (BRLM)

Shreni Shares Limited

Dhariwalcorp IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.

Anchor Investors in Dhariwalcorp Limited IPO

No. of Anchor Investors: 4

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Vikasa India EIF 186,000.00 ₹106.00 ₹19,716,000.00
Abundantia Capital VCC 94,800.00 ₹106.00 ₹10,048,800.00
Craft Emerging Market 189,600.00 ₹106.00 ₹20,097,600.00
Beacon Stone Capital 189,600.00 ₹106.00 ₹20,097,600.00

Dhariwalcorp IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Dhariwalcorp IPO?

Dhariwalcorp IPO, based in Jodhpur, operates in the   Chemical sector with a focus on Range of waxes, industrial chemicals, and petroleum jelly.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Dhariwalcorp IPO size is ₹ 25.15 Cr. Crores with fresh issue size of Rs 25.15 Cr. Crores and Offer for sale being Nil.

When is Dhariwalcorp Limited IPO allotment?

The IPO allotment date for Dhariwalcorp IPO is expected to be 6th August 2024, after the finalization of basis of allotment. Investors can check Dhariwalcorp IPO allotment status on the registrars website, Bigshare Services Private Limited. Dhariwalcorp IPO refund dates are 7th August 2024.

When is Dhariwalcorp IPO listing date?

Dhariwalcorp IPO is expected to be listed on 8th August 2024.

What is the price band for Dhariwalcorp Limited IPO?

The upper price band for the Dhariwalcorp IPO is set at ₹ 106.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Dhariwalcorp IPO Review?

For IPO analysis on Dhariwalcorp IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Dhariwalcorp IPO?

To apply for the Dhariwalcorp IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th August 2024. After submission, funds are blocked until the basis of allotment of Dhariwalcorp IPO is finalised.

Who is the merchant banker of Dhariwalcorp Limited IPO?

The merchant banker for Dhariwalcorp IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Dhariwalcorp IPO RHP for further details.

Who is the Registrar of Dhariwalcorp IPO?

The registrar for Dhariwalcorp IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Dhariwalcorp IPO through their official website or helpline.

What is the Dhariwalcorp IPO subscription?

Dhariwalcorp IPO was subscribed 174.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 25.15 Cr. Avg IPO Size (Sector Based) : ₹ 26.24 Cr.
  • Sector: Chemical SME IPO so far: 40
  • Merchant Banker: Shreni Shares SME IPO by BRLM so far: 47
  • City: Jodhpur SME IPO so far: 3
  • Revenue (annualised): ₹ 231.11 cr.
            PAT: (annualised): ₹ 4.51 cr.
  • PE Ratio: 21.06x Average Sector PE Ratio: 17.10x
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FAQs

Dhariwalcorp IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Dhariwalcorp Financial Review Page

Dhariwalcorp IPO subscription was 174.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Dhariwalcorp IPO listed at a listing price of 142.50 against the offer price of 106.00.

The current market price of Dhariwalcorp is 104.95.

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