Dhariwal Crop IPO
#1. Quick Intro to Dhariwal Crop IPO
The initial public offering (IPO) of Dhariwal Crop will open for subscription on August 01 and close on August 05, comprising fresh issues of Rs.25.15 crore. An investor can apply for the issue for a minimum of 1200 shares and the listing will happen on August 08, 2024.
Dhariwal Crop Limited (2020) Dhariwalcorp is a trading entity engaged in 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. The company’s 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.
The Company has a product portfolio in the wax, Industrial Chemical and Petroleum jelly. We have an exhaustive range to cater to different needs.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Dhariwal Crop
The company intends to use the IPO Funds for the following purposes:
- Funding capital expenditure towards the construction of the warehouse
- Funding for the working capital requirement of the company
- General corporate purposes and issue expenses.
#3. Dhariwal Crop Core Strengths
- Wide range of products
- Location Advantage
- Well-established relationship with clients
- Experienced promoters and management team
#4. Dhariwal Crop IPO Review & Rating
| Issue Size | Rs.25.15 crore |
| Issue Price | Rs. 102-106 per share |
| Minimum Lot Size | 1200 Shares |
| Total Profit (Latest) | Rs.450.63 lakhs |
| ROE (%) | 51.50 |
| RONW (%) | 59.80 |
| Listing on | NSE BSE |
| IPO Deliver Rating | One |
#5. Dhariwal Crop IPO Dates, Price Band & Details
Dhariwal Crop IPO will open on August 01, 2024, and close on August 05, 2024. The IPO is to be listed on August 08, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs.25.15 crore |
| Price Brand | Rs. 102-106 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | August 01, 2024 |
| IPO Close Date | August 05, 2024 |
| IPO Allotment Date | August 06, 2024 |
| Refund Date | August 07, 2024 |
| Share Credit Date | August 07, 2024 |
| Listing Date | August 08, 2024 |
#6. Dhariwal Crop IPO Offer Details
Dhariwal Crop IPO’s total issue size is 23,72,400 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 23,72,400 | Rs.25.15 |
| Offer for Sale (OFS) | – | – |
#7. Dhariwal Crop Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category (Rs.) | March 2024 | March 2023 | March 2022 |
| Total Revenue | 23111.35 | 19519.43 | 15920.11 |
| Net Worth | 875 | 251.42 | 191.58 |
| Profit | 450.63 | 59.84 | 142.41 |
| Total Borrowings | 878.76 | 618.13 | 571.43 |
____________Click here for the previous SME IPOs________________
#8. Dhariwal Crop Quantitative Factors
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category | March 2024 | March 2023 | March 2022 |
| EPS (Rs.) | 6.87 | 0.91 | 2.17 |
| RoNW (%) | 51.50 | 23.80 | 74.33 |
| NAV (Rs.) | 13.34 | 3.84 | 2.92 |
#9. Dhariwal Crop Comparison with Other Peer Companies (Top 2)
No Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in millions) |
RoNW (%) | NAV |
#10. Dhariwal Crop Company Promoters
The company has three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Manish Dhariwal |
| 02. | Shakshi Dhariwal |
| 03. | Dilip Dhariwal |
#11. Dhariwal Crop Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 99.99 |
| Post-issue | 73.50 |
#12. Dhariwal Crop IPO Reservation Details
Dhariwal Crop IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB/others Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 50% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
#13. Dhariwal Crop IPO – Lot Size
An investor can apply for a minimum of 1200 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 1200 | 1,27,200 |
| Retail (Max.) | 1 | 1200 | 1,27,200 |
| HNI (Min.) | 2 | 2400 | 2,54,400 |
#14. Dhariwal Crop IPO – Prospectus Copy
An investor can download/view the Dhariwal Crop prospectus copy, which the company filed to exchange, details are as follows.
| Dhariwal Crop IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Dhariwal Crop IPO Registrar
Bigshare Services Private Limited
Website: www.bigshareonline.com
#16. Dhariwal Crop IPO Lead Managers
Shreni Shares Limited
Website: www.shrenishares.com
#17. Dhariwal Crop IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Dhariwal Crop IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Dhariwal Crop Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Dhariwal Crop Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Dhariwal Crop Company Details
Dhariwal Crop Limited
Registered Office: 36, Narayan Nagar, Shobhawaton Kidhani, Pal Link Road, Jodhpur –342001, Rajasthan, India.
Email: investor@dhariwalcroporation.com
Website: www.dhariwalcroporation.com
#19. Dhariwal Crop Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Dhariwal Crop Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Manish Dhariwal |
| 02. | Shakshi Dhariwal |
Dhariwal Crop IPO – Frequently Asked Questions (FAQs)
| #1. What is a Dhariwal Crop IPO?
Dhariwal Crop brings its IPO of Rs.25.15 crore, on August 01, 2024, with a price band of Rs.102-106 per share. |
| #2. What is the Dhariwal Crop IPO Open date?
Dhariwal Crop IPO’s opening date is August 01, 2024. |
| #3. What is the Dhariwal Crop IPO Close Date?
Dhariwal Crop IPO’s closing date is August 04, 2024. |
| #4. What is the Dhariwal Crop IPO Listing date?
Dhariwal Crop’s IPO listing date is August 08, 2024. |
| #5. What is the Dhariwal Crop IPO Minimum investment amount?
Dhariwal Crop IPO’s minimum investment amount is Rs. 1,27,200 |
| #6. What is the Dhariwal Crop IPO offer issue Size?
Dhariwal Crop offers an issue size of Rs.25.15 crore. |
| #7. What is the Dhariwal Crop IPO Price Band?
Dhariwal Crop’s IPO price band is Rs. 102-106 per share. |
| #8. Is Dhariwal Crop IPO mainboard IPO or SME IPO?
Dhariwal Crop IPO is an SME IPO. |
Your writing has a way of resonating with me on a deep level. It’s clear that you put a lot of thought and effort into each piece, and it certainly doesn’t go unnoticed.
Your blog is a breath of fresh air in the often mundane world of online content. Your unique perspective and engaging writing style never fail to leave a lasting impression. Thank you for sharing your insights with us.
I’ve been following your blog for quite some time now, and I’m continually impressed by the quality of your content. Your ability to blend information with entertainment is truly commendable.
Your passion for your subject matter shines through in every post. It’s clear that you genuinely care about sharing knowledge and making a positive impact on your readers. Kudos to you!
I just could not depart your web site prior to suggesting that I really loved the usual info an individual supply in your visitors Is gonna be back regularly to check up on new posts
Nice blog here Also your site loads up fast What host are you using Can I get your affiliate link to your host I wish my web site loaded up as quickly as yours lol
he blog was how do i say it… relevant, finally something that helped me. Thanks
Good write-up, I?¦m regular visitor of one?¦s web site, maintain up the excellent operate, and It is going to be a regular visitor for a lengthy time.
hello there and thank you in your info – I’ve definitely picked up anything new from right here. I did on the other hand expertise some technical issues the use of this web site, since I experienced to reload the site lots of times prior to I may just get it to load correctly. I were brooding about in case your web hosting is OK? Not that I’m complaining, however sluggish loading circumstances instances will often impact your placement in google and could harm your high quality rating if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Well I am including this RSS to my e-mail and could look out for a lot more of your respective fascinating content. Ensure that you update this once more very soon..
I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.
I truly appreciate your work, Great post.
I’m not that much of a internet reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back later on. Many thanks