Dhariwalcorp IPO GMP, Review, Price, Allotment

Dhariwalcorp IPO description – Dhariwalcorp trades a comprehensive range of waxes, industrial chemicals, and petroleum jelly. The company processes, purchases, sells, imports, and trades various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, and Soya Wax.

The company also trades in industrial chemicals, including Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, such as Paraffin Petroleum Jelly and White Petroleum Jelly. The company serves various industries, including Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, Petroleum Jelly & Cosmetics, Tube & Tire Manufacturing, Match Production, Food Processing, and Adhesive Manufacturing. Dhariwalcorp plays a significant role in the supply chain of these sectors, ensuring quality products and timely delivery.

Dhariwalcorp operates one processing unit and has warehouses in Jodhpur, Rajasthan; Bhiwandi, Maharashtra; and Ahmedabad, Mundra, Kachchh, Gujarat. The company operates in 21 states and 3 Union territories in India for domestic sales and exports products to Nepal. As of 31 March 2024, the company has seven department employees.

Promoters of Dhariwalcorp – Mr. Manish Dhariwal, Ms. Shakshi Dhariwal, and Mr. Dilip Dhariwal

Dhariwalcorp IPO Details

Dhariwalcorp IPO Dates	1 – 5 August 2024
Dhariwalcorp Issue Price	INR per share
Fresh issue	23,72,400 shares
Offer For Sale	NIL
Total IPO size	23,72,400 shares
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE EMERGE

Dhariwalcorp Financial Performance

	FY 2022	FY 2023	FY 2024
Revenue	158.58	193.93	228.80
Expenses	157.32	194.34	225.09
Net income	1.42	0.60	4.51

Figures in INR Lakhs unless specified otherwise

Dhariwalcorp Offer News

Dhariwalcorp Valuations & Margins

	FY 2022	FY 2023	FY 2024
EPS	2.17	0.91	6.87
PE ratio	–	–	–
RONW (%)	74.33	23.80	51.50
NAV	2.92	3.84	13.34
ROCE (%)*	90.50	49.82	59.80
EBITDA (%)	1.50	0.82	2.92
Debt/Equity	2.98	2.46	1.00

*Compiled by IPO Central from Prospectus
* Standalone data

Dhariwalcorp IPO GMP Today

Dhariwalcorp IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

Dhariwalcorp IPO Allotment Status

Dhariwalcorp IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Dhariwalcorp IPO Dates & Listing Performance

IPO Opening Date	1 August 2024
IPO Closing Date	5 August 2024
Finalization of Basis of Allotment	6 August 2024
Initiation of refunds	7 August 2024
Transfer of shares to demat accounts	7 August 2024
IPO Listing Date	8 August 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

Dhariwalcorp Offer Lead Manager

SHRENI SHARES LIMITED
Office No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai-400067, Maharashtra
Phone: 022 2089 7022
Email: [email protected]
Website: www.shreni.in

Dhariwalcorp Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

DHARIWALCORP LIMITED
36, Narayan Nagar, Shobhawaton ki dhani,
Pal Link Road, Jodhpur – 342001, Rajasthan, India
Phone: +91 70141 31630
E-mail: [email protected]
Website: www.dhariwalcorporation.com