Dhanuka Realty IPO is a fixed price issue of ₹4.22 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.22 crore.
Dhanuka Realty IPO bidding started from Sep 30, 2016 and ended on Oct 6, 2016. The shares got listed on NSE SME on Oct 18, 2016.
Dhanuka Realty IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Dhanuka Realty IPO RHP for detailed Information.
IPO Date | September 30, 2016 to October 6, 2016 |
Listing Date | October 18, 2016 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹40 per share |
Lot Size | 3,000 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 10,56,000 shares (aggregating up to ₹4.22 Cr) |
Reserved for Market Maker | 54,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹0.2160 Cr) |
Net Offered to Public | 10,02,000 shares (aggregating up to ₹4.01 Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 24,64,020 shares |
Share Holding Post Issue | 35,20,020 shares |
Dhanuka Realty IPO offers total 10,56,000 shares. Out of which 5,01,000 (47.44%) allocated to NII, 5,01,000 (47.44%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 54,000 (5.11%) |
NII (HNI) Shares Offered | 5,01,000 (47.44%) |
Retail Shares Offered | 5,01,000 (47.44%) |
Total Shares Offered | 10,56,000 (100.00%) |
Dhanuka Realty IPO opens on September 30, 2016, and closes on October 6, 2016.
IPO Open Date | Fri, Sep 30, 2016 |
IPO Close Date | Thu, Oct 6, 2016 |
Tentative Listing Date | Tue, Oct 18, 2016 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Oct 6, 2016 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3,000 | ₹1,20,000 |
Retail (Max) | 1 | 3,000 | ₹1,20,000 |
HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 2008, Dhanuka Realty Limited is an integrated real estate development and construction company primarily focusing on development of various residential projects in Jaipur. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Dhanuka Realty is a part of Dhanuka Group, which is engaged in building residential projects in Jaipur for more than a decade.
They have been successful in completing their first residential project, "Sunshine Orchid" comprising of 16 residential flats of 2 BHK with total sq. ft built up area of 20253.18 Sq Ft in the year 2010. Visit chittorgarh.com for more detail.As of today company has successfully completed construction of two residential projects namely Sunshine Shalimar and Sunshine Krishna 3 and have two ongoing projects. They subcontract all construction and execution work to third party contractors. They carry overall supervision of construction work on the site including quality control, site management, work scheduling, bar charting, construction time lining etc. and overall progress of work is managed and supervised by their Company.
The Company Dhanuka Realty IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | To Meet Working Capital Requirement | 3.24 |
2 | General corporate purposes | 0.63 |
[Dilip Davda] As the issue is fully priced, long term investors with surplus funds may consider investment, other may ignore. Read detail review...
Listing Date | October 18, 2016 |
BSE Script Code | |
NSE Symbol | DRL |
ISIN | INE704V01015 |
Final Issue Price | ₹40 per share |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹40.00 |
Open | ₹43.00 |
Low | ₹38.80 |
High | ₹43.00 |
Last Trade | ₹41.25 |
Dhanuka Realty Ltd.
5th Floor, The Solitaire, C-212 & C-213,
Gautam Marg, Hanuman Nagar,
Vaishali Nagar
Jaipur, Rajasthan, 302021
Phone: +91-141-2356821
Email: info@dhanukagroup.in
Website: http://www.dhanukagroup.in
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Dhanuka Realty IPO is a SME IPO of 10,56,000 equity shares of the face value of ₹10 aggregating up to ₹4.22 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on September 30, 2016, and closes on October 6, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Dhanuka Realty IPO using UPI as a payment gateway. Zerodha customers can apply in Dhanuka Realty IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dhanuka Realty IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dhanuka Realty IPO opens on September 30, 2016 and closes on October 6, 2016.
Dhanuka Realty IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Dhanuka Realty IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Dhanuka Realty IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dhanuka Realty IPO allotment status.
The Dhanuka Realty IPO listing date is on Tuesday, October 18, 2016.
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