Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Wed, Mar 30, 2022 - Mon, Apr 4, 2022
Dhyaani Tile IPO is a fixed price issue of ₹2.45 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹2.45 crore.
Dhyaani Tile IPO bidding started from Mar 30, 2022 and ended on Apr 4, 2022. The allotment for Dhyaani Tile IPO was finalized on Apr 7, 2022. The shares got listed on BSE SME on Apr 12, 2022.
Dhyaani Tile IPO price is ₹51 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,02,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,04,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Dhyaani Tile IPO RHP for detailed Information.
IPO Open
Wed, Mar 30, 2022
IPO Close
Mon, Apr 4, 2022
Issue Price
₹51 per share
Market Cap (Pre-IPO)
₹7.75 Cr
| IPO Date | 30 Mar to 4 Apr, 2022 |
| Listed on | Tue, Apr 12, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹51 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 4,80,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 24,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹0.1224 Cr) |
| Fresh Issue (Ex Market Maker) | 4,56,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 4,56,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 10,40,000 shares |
| Share Holding Post Issue | 15,20,000 shares |
| BSE Script Code | 543516 |
| ISIN | INE0K5F01014 |
Dhyaani Tile IPO comprises a total issue size of 4,80,000 shares. The net offer to the public is 4,56,000 shares, after excluding 24,000 shares allotted on a firm basis. Of the Net offer 2,28,000 (50.00%) allocated to NII 2,28,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,28,000 | 50.00% | 47.50% |
| Retail Shares Offered | 2,28,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 24,000 | 5.00% | |
| Total Shares Offered | 4,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,02,000 |
| Retail (Max) | 1 | 2,000 | ₹1,02,000 |
| HNI (Min) | 2 | 4,000 | ₹2,04,000 |
Incorporated in 2014, Dhyaani Tile And Marblez Limited is involved in the business of trading and producing tiles for floors, bathrooms, kitchens, balconies, and stairwells. The company offers two categories of products: Double Charge Vitrified Tiles and Glazed Vitrified Tiles. The company warehouse and the physical store are located in Ahmedabad. Dhyaani Tile And Marblez produces rustic, polished glazed, polished, and textured tiles. The company identifies its customer's needs and allows them to choose the perfect design from its wide range of tiles samples. The company has well-known brand suppliers located all over India.
Competitive Strengths:
| 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 | Funding the working capital requirements of the company | 1.80 |
| 2 | General Corporate Purposes | 0.40 |
| KPI | |
|---|---|
| Debt/Equity | 2.52 |
| RoNW | 78.99% |
| PAT Margin | 1.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.59 | |
| P/E (x) | 15.94 | |
| Promoter Holding | 96.92% | 66.32% |
| Market Cap | ₹7.75 Cr. |
The Dhyaani Tile IPO is subscribed 2.16 times on April 4, 2022 7:53:00 PM (Day 4). The public issue subscribed 2.36 times in the retail category, [.] times in the QIB category, and 1.96 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.96 | 2,28,000 | 4,46,000 |
| Retail | 2.36 | 2,28,000 | 5,38,000 |
| Total | 2.16 | 4,56,000 | 9,84,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including Merchant Banking fees and Market Making fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and ot.her out of pocket expenses | 0.18 |
| 2 | Advertising and Marketing Expenses | 0.01 |
| 3 | Fees payable to the Registrar to the Offer including stock exchange(s) | 0.04 |
| 4 | Printing & Stationery, Distribution, Postage, etc. | 0.01 |
| 5 | Brokerage and Selling Commission | 0.01 |
| 6 | Other Expenses (Banker’s to the Issue, Auditor’s fees etc.) | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹51.00 |
| Open | ₹52.25 |
| Low | ₹51.45 |
| High | ₹54.85 |
| Last Trade | ₹54.80 |
Lead Manager Reports
Dhyaani Tile IPO is a SME IPO of 4,80,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹51 per share. The minimum order quantity is 2000.
The IPO opens on Wed, Mar 30, 2022, and closes on Mon, Apr 4, 2022.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Dhyaani Tile IPO using UPI as a payment gateway. Zerodha customers can apply in Dhyaani Tile IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dhyaani Tile IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dhyaani Tile IPO opens on Wed, Mar 30, 2022 and closes on Mon, Apr 4, 2022.
Dhyaani Tile IPO lot size is 2000, and the minimum amount required for application is ₹1,02,000.
You can apply in Dhyaani Tile 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 Dhyaani Tile IPO will be done on Thursday, April 7, 2022, and the allotted shares will be credited to your demat account by Mon, Apr 11, 2022. Check the Dhyaani Tile IPO allotment status.
The Dhyaani Tile IPO listing date is on Tue, Apr 12, 2022.
