Dhariwalcorp IPO Details, GMP Price, Date, Review

Dhariwalcorp IPO
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Dhariwalcorp IPO details Today : Dhariwalcorp IPO details Today is Open on 1 August 2024 and Close on 5 August 2024. Dhariwalcorp IPO to Raise 2,372,400 shares (Approx ₹25.15 Cr) via IPO. The Fresh issue of 2,372,400 shares (Approx ₹25.15 Cr). 

Our 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.

Our product range encompasses all type of heavy and light chemicals, chemical elements and compounds,petrochemicals, industrial chemicals, mixtures, derivatives, articles, compounds, by-products, and activities of a similar nature.

Our company serves various industries including Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, Petroleum Jelly & Cosmetics, Tube & Tire Manufacturing, Match Production, Food Processing, and Adhesive Manufacturing.

With our diverse range of products, we play a significant role in the supply chain of these sectors, ensuring quality products and timely delivery.

To meet our PAN India presence and ensure timely supply of our products, we have one processing unit and five warehouses situated at Jodhpur, Rajasthan, two warehouses situated at Bhiwandi, Maharashtra, one warehouse situated at Ahmedabad, Gujarat, and one warehouse at Mundra, Dist. Kachchh, Gujarat, respectively. We also follow an outsourcing model for
running our warehouses situated at Bhiwandi, Ahmedabad, and Mundra to ensure timely delivery of our products to customers across geographies.

Our registered office, warehouses facility and processing unit are well-equipped with the required facilities, including manpower and handling equipment, to facilitate a smooth supply process and easy logistics. We endeavor to maintain safety on our premises by adhering to key safety norms established through our internal health and safety manual, accompanied
by regular safety meetings.

We procure our products for further supply from both domestic markets and markets across the globe, including China, Egypt, Singapore, UAE, UK, and Hong Kong. Our domestic market encompasses Assam, Bihar, Dadra and Nagar Haveli & Daman and Diu, Delhi, Goa, Gujarat, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha,
Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, Uttarakhand.

Our company maintains an efficient and well-managed supply chain. This efficiency results in reduced lead times, minimized inventory costs, and improved overall responsiveness to market changes. Such streamlined supply chain operations provide a significant competitive advantage in our industry, where timeliness and efficiency are crucial factors.

By leveraging these competitive advantages, our Company continues to thrive in competitive market, delivering quality products, satisfying customer needs, and driving its long-term success. In the trading of a variety of waxes, industrial chemicals, and petroleum jelly, industries where precision, timeliness, logistics, and clearance are critical, an optimized supply chain can indeed provide a substantial competitive advantage.

Product Portfolio-
  1. Wax
  2. Industrial Chemicals
  3. Petroleum Jelly

Dhariwalcorp IPO Date & Price Band Details

IPO Open Date 1 Aug 2024
IPO Close Date 5 Aug 2024
IPO Size 2,372,400 shares (Approx ₹25.15 Cr)
Fresh Issue 2,372,400 shares (Approx ₹25.15 Cr)
Lot Size 1200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹102 to ₹106 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Dhariwalcorp IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹127,200
Retail Maximum 1 1200 ₹127,200
S-HNI Minimum 2 2400 ₹254,400

Object of the Issue

  1. Funding Capital Expenditure towards construction of Warehouse.
  2. Funding working capital requirements of our company.
  3. General corporate purposes.

Dhariwalcorp IPO Allotment & Listings (Details)

IPO Open Date 1 Aug 2024
IPO Close Date 5 Aug 2024
Basis of Allotment 6 Aug 2024
Refunds 7 Aug 2024
Credit to Demat Account 7 Aug 2024
IPO Listing Date 8 Aug 2024

Dhariwalcorp Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹231.11 ₹225.09 ₹4.51
2023 ₹195.19 ₹194.34 ₹0.60
2022 ₹159.20 ₹157.32 ₹1.42

Our Company Promoters

  1. Mr. Manish Dhariwal
  2. Ms. Shakshi Dhariwal
  3. Mr. Dilip Dhariwal

Qualitative Factors

  • Wide range of products.
  • Location Advantages.
  • Experienced Promoter and management team.
  • Well established relationship with clients.

Also Read: Utssav CZ Gold Jewels IPO Details, GMP Price, Date, Review

Dhariwalcorp Company Contact Details

36, Narayan Nagar, Jodhpur (M Corp),
Shobhawato Ki Dhani, Pal Link Road,
Jodhpur 342001, Rajasthan, India,
Tel No: 70141 31630
Email: investor@dhariwalcorporation.com
Website: www.dhariwalcorporation.com

Dhariwalcorp Lead Manager

Shreni Shares Limited
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra, India.
Tel No: 022 – 2089 7022
Email: shrenishares@gmail.com
Website: www.shreni.in
Investor Grievance E-mail: info@shreni.in
Contact Person: Ms. Tanya Goyal

Dhariwalcorp IPO Registrar

Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400 093,
Maharashtra, India
Tel No: 022 – 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Contact Person: Mr. Vinayak Morbale

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