Fixed Price IPO | ₹15 Cr | Listed at BSE | Wed, Jan 18, 2006 - Wed, Jan 25, 2006
Dynemic Products IPO is a fixed issue price of ₹15.47 crores. The issue is entirely a fresh issue of 0.44 crore shares of ₹15.47 crore.
Dynemic Products IPO bidding started from Jan 18, 2006 and ended on Jan 25, 2006. The shares got listed on the BSE on Feb 23, 2006.
Dynemic Products IPO is set final issue price at ₹3,500 per share.
Centrum Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Dynemic Products IPO DRHP for detailed Information.
IPO Open
Wed, Jan 18, 2006
IPO Close
Wed, Jan 25, 2006
Issue Price
₹3500 per share
Market Cap (Pre-IPO)
₹3,964.41 Cr
| IPO Date | 18 to 25 Jan, 2006 |
| Listed on | Thu, Feb 23, 2006 |
| Face Value | ₹10 per share |
| Issue Price | ₹3500 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 44,21,000 shares (agg. up to ₹15 Cr) |
| Reserved for MF/Fis | 10,000 shares (agg. up to ₹4 Cr) |
| Fresh Issue | 44,11,000 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 44,11,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 69,05,880 shares |
| Share Holding Post Issue | 1,13,26,880 shares |
| BSE Script Code | 532707 DYNPRO |
| ISIN | INE256H01015 |
Dynemic Products IPO comprises a total issue size of 44,11,000 shares. The net offer to the public is 44,01,000 shares, after excluding 10,000 shares allotted on a firm basis. Of the Net offer 22,05,500 (50.00%) allocated to NII 22,05,500 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 22,05,500 | 50.00% | 50.00% |
| Retail Shares Offered | 22,05,500 | 50.00% | 50.00% |
| Firm Reservations | |||
| Mutual Fund Shares Offered | 10,000 | 0.23% | |
| Total Shares Offered | 44,11,000 | 100.00% | 100.00% |
Incorporated in 1990, Dynemic Products Limited was primarily engaged in the manufacturing and export of dyes and dye intermediates, with a strong focus on food colours and specialty chemicals.
The company manufactures various colors like Synthetic food colours, Lake colours (used in pharmaceuticals & cosmetics), Blended colours, and Dye intermediates (raw materials for dyes). These products are widely used across industries like Food & beverages, pharmaceuticals, and Cosmetics & personal care industries.
| Period Ended | 31 Aug 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 20.00 | 21.00 | 17.15 | 15.38 |
| Total Income | 11.46 | 27.76 | 25.62 | 21.66 |
| Profit After Tax | 1.20 | 2.05 | 1.25 | 1.56 |
| NET Worth | 10.45 | 9.28 | 7.76 | 6.17 |
| Reserves and Surplus | 3.61 | 2.41 | 4.31 | 2.76 |
| Total Borrowing | 3.93 | 5.44 | 3.61 | 2.55 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Unit I by in house manufacturing of Ethyl Acetate, installing recovery 411.86 plant of Glauber Salt and 1.4 PHPS and replacement of existing Gas Fired Boiler with Wood /Lignite fired boiler | 4.12 |
| 2 | Expansion of existing capacities of Unit II by installation of three plants for 1321.56 manufacturing of Food Colours and Lake Colours | 13.22 |
| 3 | To meet the expenses of the issue | 0.86 |
| Total | 18.19 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 22.06 |
| Price to Book Value | 260.42 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.97 | 2.54 |
| P/E (x) | 1180.43 | 1376.3 |
| Promoter Holding | 100% | 60.97% |
| Market Cap | ₹3,964.41 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Managers & Registrars fees, Audit Fees & Consultancy | 0.29 |
| 2 | Printing & Stationery / Dispatch | 0.15 |
| 3 | Brokerage & Selling Commission | 0.23 |
| 4 | Advertisement & Marketing Expenses | 0.12 |
| 5 | Other Expenses (Listing Fees, Depository Charges etc.) | 0.08 |
| Total | 0.86 |
| Price Details |
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| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
Lead Manager Reports
Dynemic Products IPO is a main-board IPO of 44,21,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹3500 per share. The minimum order quantity is .
The IPO opens on Wed, Jan 18, 2006, and closes on Wed, Jan 25, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Dynemic Products IPO using UPI as a payment gateway. Zerodha customers can apply in Dynemic Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dynemic Products IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dynemic Products IPO opens on Wed, Jan 18, 2006 and closes on Wed, Jan 25, 2006.
Dynemic Products IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Dynemic Products 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 Dynemic Products IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Dynemic Products IPO allotment status.
The Dynemic Products IPO listing date is on Thu, Feb 23, 2006.
