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

Dharni Capital Services Limited IPO (Dharni Capital Services IPO) Detail

Dharni Capital Services IPO is a book build IPO listing on BSE SME exchange. The company is based in Bangalore and caters to Banking And Finance sector. Srujan Alpha Capital Advisors Llp is the merchant banker of Dharni Capital Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th September 2022.

Dharni Capital Services IPO open date is 18th January 2023 and close date is 20th January 2023. IPO Allotment Date is 25th January 2023 and Listing date is 31st January 2023.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Dharni Capital Services IPO Date

Date of DRHP:
26th September 2022
IPO Allotment Date:
25th January 2023
IPO Open Date:
18th January 2023
Initiation of Refund:
27th January 2023
IPO Closing Date:
20th January 2023
IPO Listing Date:
31st January 2023

Dharni Capital IPO Info, Size, Subscription

Dharni Capital Services IPO size is Rs 10.74 Cr. crores with IPO price of Rs 20.00 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 :
₹ 10.74 Cr.

Issue Price:
₹ 20.00

Market Capitalisation :
₹ 40.74 Cr.

PE multiple :
34.48

Subscription :
6.57 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.64%

Dharni Capital Services IPO Information

Sub Sector : banking
Dharni Capital Services offer diversified financial services such as Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, Technical Consultancy and Outsourcing. The modus operandi is to counsel individual clients, understand their profile, needs and concerns, build customized financial investment portfolios, offer a comprehensive selection of investment alternatives that will suit their financial goals. They offer a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. They are a growing Mutual Fund distributor in terms of commission and average asset under managements (AAUM) with a CAGR of 109% and 86% respectively for the three-year period ending Fiscal 2022. The increase in rate of commission is lesser as
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Object of Issue (Dharni Capital IPO Objectives)

  • Investment in a Wholly-owned Subsidiary Company
  • General Corporate Purposes

Srujan Alpha Capital Advisors Llp is the book-running lead manager of the Dharni Capital Services IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is [●] for Dharni Capital Services IPO.

Dharni Capital IPO Market Maker

[●]

Dharni Capital IPO Registrar (RTA)

Cameo Corporate Services Limited

Dharni Capital IPO Lead Manager (BRLM)

Srujan Alpha Capital Advisors Llp

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

What is Dharni Capital Services IPO?

Dharni Capital Services IPO, based in Bangalore, operates in the   Banking And Finance sector with a focus on banking. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Dharni Capital Services IPO size is ₹ 10.74 Cr. Crores with fresh issue size of Rs 10.74 Cr. Crores and Offer for sale being Nil.

When is Dharni Capital IPO allotment?

The IPO allotment date for Dharni Capital Services IPO is expected to be 25th January 2023, after the finalization of basis of allotment. Investors can check Dharni Capital Services IPO allotment status on the registrars website, Cameo Corporate Services Limited. Dharni Capital Services IPO refund dates are 27th January 2023.

When is Dharni Capital Services IPO listing date?

Dharni Capital Services IPO is expected to be listed on 31st January 2023.

What is the price band for Dharni Capital IPO?

The upper price band for the Dharni Capital Services IPO is set at ₹ 20.00 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 Dharni Capital Services IPO Review?

For IPO analysis on Dharni Capital Services 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 Dharni Capital Services IPO?

To apply for the Dharni Capital Services 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 20th January 2023. After submission, funds are blocked until the basis of allotment of Dharni Capital Services IPO is finalised.

Who is the merchant banker of Dharni Capital IPO?

The merchant banker for Dharni Capital Services IPO is Srujan Alpha Capital Advisors Llp . Srujan Alpha Capital Advisors Llp manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Dharni Capital Services IPO RHP for further details.

Who is the Registrar of Dharni Capital Services IPO?

The registrar for Dharni Capital Services IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Dharni Capital Services IPO through their official website or helpline.

What is the Dharni Capital Services IPO subscription?

Dharni Capital Services IPO was subscribed 6.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 10.74 Cr. Avg IPO Size (Sector Based) : ₹ 27.77 Cr.
  • Sector: Banking And Finance SME IPO so far: 43
  • Merchant Banker: Srujan Alpha SME IPO by BRLM so far: 47
  • City: Bangalore SME IPO so far: 27
  • Revenue (annualised): ₹ 5.92 cr.
            PAT: (annualised): ₹ 1.16 cr.
  • PE Ratio: 34.48x Average Sector PE Ratio: 17.91x
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FAQs

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

Dharni Capital Services IPO subscription was 6.57 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.

Dharni Capital Services IPO listed at a listing price of 21.00 against the offer price of 20.00.

The current market price of Dharni Capital Services is 51.00.

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