Fixed Price IPO | ₹8 Cr | Listed at NSE SME | Thu, Oct 7, 2021 - Tue, Oct 12, 2021
D.K.Enterprises Global IPO is a fixed price issue of ₹7.99 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹7.99 crore.
D.K.Enterprises Global IPO bidding started from Oct 7, 2021 and ended on Oct 12, 2021. The allotment for D.K.Enterprises Global IPO was finalized on Oct 18, 2021. The shares got listed on NSE SME on Oct 22, 2021.
D.K.Enterprises Global IPO price is ₹40 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) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Beeline Broking Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to D.K.Enterprises Global IPO RHP for detailed Information.
IPO Open
Thu, Oct 7, 2021
IPO Close
Tue, Oct 12, 2021
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹30.03 Cr
| IPO Date | 7 to 12 Oct, 2021 |
| Listed on | Fri, Oct 22, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 19,98,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 1,02,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.4080 Cr) |
| Fresh Issue (Ex Market Maker) | 18,96,000 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 18,96,000 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 55,10,000 shares |
| Share Holding Post Issue | 75,08,000 shares |
| NSE Symbol | DKEGL |
| ISIN | INE0GN101014 |
D.K.Enterprises Global IPO comprises a total issue size of 19,98,000 shares. The net offer to the public is 18,96,000 shares, after excluding 1,02,000 shares allotted on a firm basis. Of the Net offer 9,48,000 (50.00%) allocated to NII 9,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,48,000 | 50.00% | 47.45% |
| Retail Shares Offered | 9,48,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,02,000 | 5.11% | |
| Total Shares Offered | 19,98,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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 2019, D.K. Enterprises Global Ltd manufactures paper-based packing material, self-adhesive tapes (Masking, Siliconized, Medical and surface protection tapes), Laminated products, and flexible packaging. It serves many MNCs i.e. Vodafone Idea, Patanjali Ayurvedic Limited, Crompton Greaves Consumer Electrical Limited, Godrej, Phonepey, ITC, Amul, etc.
Its manufacturing facility Unit I is located at Panchkula, Haryana, and Unit II is in Vadodra, Gujarat. The company is planning to establish a new manufacturing unit at Baddi, Himachal Pradesh to manufacture Clear/Printed Bopp Tape, Masking/Specialty tapes, and laminated products.
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 | Acquisition of Land for new Manufacturing Plant at Baddi, Himachal Pradesh | 2.00 |
| 2 | Construction of Building and Civil Work for new Manufacturing Plant at Baddi, Himachal Pradesh | 0.60 |
| 3 | Purchase of Plant and Machinery at new Manufacturing Plant at Baddi, Himachal Pradesh | 0.45 |
| 4 | Incremental Working Capital Requirements | 3.10 |
| 5 | For General Corporate Purposes | 1.05 |
| Total | 7.20 |
The DK Enterprises Global IPO is subscribed 12.5 times on October 12, 2021 5:00:00 PM (Day 4). The public issue subscribed 17.58 times in the retail category, [.] times in the QIB category, and 7.43 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 7.43 | 9,48,000 | 70,41,000 |
| Retail | 17.58 | 9,48,000 | 1,66,62,000 |
| Total | 12.5 | 18,96,000 | 2,37,03,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.25 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising, Advisor, Marketing Expenses and Printing Expenses | 0.41 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 5 | Legal Advisor | 0.01 |
| 6 | Fees payable to Peer Review Auditor | 0.01 |
| 7 | Fees Payable to Market Maker (for Two Years) | 0.06 |
| 8 | Escrow Bank Fees | 0.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹42.00 |
| Low | ₹41.00 |
| High | ₹44.10 |
| Last Trade | ₹43.30 |
Lead Manager Reports
D.K.Enterprises Global IPO is a SME IPO of 19,98,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Oct 7, 2021, and closes on Tue, Oct 12, 2021.
Skyline Financial 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 D.K.Enterprises Global IPO using UPI as a payment gateway. Zerodha customers can apply in D.K.Enterprises Global IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in D.K.Enterprises Global IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The D.K.Enterprises Global IPO opens on Thu, Oct 7, 2021 and closes on Tue, Oct 12, 2021.
D.K.Enterprises Global IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in D.K.Enterprises Global 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 D.K.Enterprises Global IPO will be done on Monday, October 18, 2021, and the allotted shares will be credited to your demat account by Wed, Oct 20, 2021. Check the D.K.Enterprises Global IPO allotment status.
The D.K.Enterprises Global IPO listing date is on Fri, Oct 22, 2021.
