Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Thu, May 22, 2014 - Wed, May 28, 2014
Dhanuka Commercial IPO is a fixed price issue of ₹4.44 crores. The issue is entirely a fresh issue of 0.44 crore shares of ₹4.44 crore.
Dhanuka Commercial IPO bidding started from May 22, 2014 and ended on May 28, 2014. The shares got listed on BSE SME on Jun 11, 2014.
Dhanuka Commercial IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Aryaman Financial Services Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to Dhanuka Commercial IPO RHP for detailed Information.
IPO Open
Thu, May 22, 2014
IPO Close
Wed, May 28, 2014
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹16.74 Cr
| IPO Date | 22 to 28 May, 2014 |
| Listed on | Wed, Jun 11, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 44,40,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 2,40,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.2400 Cr) |
| Fresh Issue (Ex Market Maker) | 42,00,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 42,00,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 1,23,03,459 shares |
| Share Holding Post Issue | 1,67,43,459 shares |
| BSE Script Code | 538446 MONEYBOXX |
| ISIN | INE296Q01012 |
Dhanuka Commercial IPO comprises a total issue size of 44,40,000 shares. The net offer to the public is 42,00,000 shares, after excluding 2,40,000 shares allotted on a firm basis. Of the Net offer 21,00,000 (50.00%) allocated to NII 21,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 21,00,000 | 50.00% | 47.30% |
| Retail Shares Offered | 21,00,000 | 50.00% | 47.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,40,000 | 5.41% | |
| Total Shares Offered | 44,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in 1994, Dhanuka Commercial Ltd is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.
The company wants to expand its portfolio of products and services by introducing products such as Loans against Property, IPO Funding, Financial and Management Consultancy in addition with the existing products of Unsecured ICDs and Loans and Personal Loans. They plan to continue to sell their products and services to existing corporate client base and further target other High Net Worth Individuals and Firms with impeccable credit track record to whom the company may advance funds both secured/ unsecured based on the risk profile and as envisaged in the loan policy of the company.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities | 4.00 |
| KPI | |
|---|---|
| RoNW | 0.59% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 39.94% | 29.35% |
| Market Cap | ₹16.74 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.25 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.08 |
| 3 | Advertisement and Marketing Expenses | 0.06 |
| 4 | Regulatory and other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹9.75 |
| Low | ₹9.75 |
| High | ₹9.95 |
| Last Trade | ₹9.75 |
Lead Manager Reports
Dhanuka Commercial IPO is a SME IPO of 44,40,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, May 22, 2014, and closes on Wed, May 28, 2014.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Dhanuka Commercial IPO using UPI as a payment gateway. Zerodha customers can apply in Dhanuka Commercial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dhanuka Commercial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dhanuka Commercial IPO opens on Thu, May 22, 2014 and closes on Wed, May 28, 2014.
Dhanuka Commercial IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Dhanuka Commercial 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 Commercial IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Dhanuka Commercial IPO allotment status.
The Dhanuka Commercial IPO listing date is on Wed, Jun 11, 2014.
