Dhariwalcorp Ltd

Dhariwalcorp Ltd IPO

IPO Price Range: ₹102 - 106

Our Company Dhariwalcorp is a trading entity engaged in a comprehensive waxes, industrial chemicals, and petroleum jelly. With expertise in processing, purchasing, and trading, the company offers a diverse range of products, including Paraffin Wax, Rubber Process Oil, and White Petroleum Jelly. Their commitment to quality and compliance ensures reliability across heavy and light chemicals, catering to various industries. Logistics and supply chain management underscore their efficiency in meeting customer demands. Positioned for growth, Dhariwalcorp continues to explore newmarkets, innovate product formulations, and enhance sustainability practices, exemplifying adaptability and excellence in the trading landscape.

Min Investment

₹1,27,200

IPO Size

₹25 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Dhariwalcorp Ltd

Open Date1 Aug 2024
Close Date5 Aug 2024
Allotment Date6 Aug 2024
Listing Date8 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date1 Aug 2024
Bid Closing DateBid Closing Date5 Aug 2024
Allotment DateAllotment Date6 Aug 2024
Issue SizeIssue Size₹25.15Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Wide range of products.

  • Location Advantages.

  • Experienced Promoter and management team.

  • Well established relationship with clients.


Risk

Risk

  • The company does not have long-term agreements with suppliers for its products and an increase in the cost of, or a shortfall in the availability or quality of such products could have an adverse effect on its business, financial condition and results of operations.

  • The company depends on the success of its relationships with its customers. The company derives a significant part of its revenue from the company major customers and the company does not have long term contracts with these customers. If one or more of such customers choose not to source their requirements from it, its business, financial condition and results of operations may be adversely affected.

  • The company is exposed to counterparty credit risk and any delay in receiving payments or non-receipt of payments may adversely impact its results of operations.

  • The company is subject to quality requirements and any product defect issues or failures by it or its suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls and exposure to potential product liability claims.

  • The company may not be able to accurately manage its inventory, this may adversely affect its goodwill and business, financial condition and results of operations.

  • The Companys failures to maintain the quality standards of the products or keep pace with the technological developments could adversely impact its business, results of operations and financial condition.

  • In case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may have a material adverse effect on the companys business.

  • There are certain discrepancies and non- compliances noticed in some of its financial reporting and/or records relating to filing of returns with the taxation and other statutory authorities.

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The orders placed by customers may be delayed, modified or cancelled, which may have an adverse effect on its business, financial condition and results of operations.

Promoters Holding

Investors Holdings %
Manish Dhariwal49.99%
Shakshi Dhariwal49.99%
Dilip Dhariwal0%

About Dhariwalcorp Ltd

OrganisationDhariwalcorp Ltd
HeadquartersJodhpur
IndustryTrading

Frequently Asked Questions

  • What is the size of the Dhariwalcorp Ltd IPO?

    The size of the Dhariwalcorp Ltd IPO is ₹25.15Cr .

  • What is 'pre-apply' for Dhariwalcorp Ltd IPO?

    'Pre-apply' for Dhariwalcorp Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Dhariwalcorp Ltd IPO order be placed?

    Your Dhariwalcorp Ltd IPO order will be placed on 1 Aug 2024.

  • What are the open and close dates of the Dhariwalcorp Ltd IPO?

    The open and close dates of the Dhariwalcorp Ltd IPO are 1 Aug 2024 to 5 Aug 2024.

  • What is the lot size and minimum order quantity of the Dhariwalcorp Ltd IPO?

    The lot size and minimum order quantity of the Dhariwalcorp Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Dhariwalcorp Ltd IPO?

    The potential listing gains on the Dhariwalcorp Ltd IPO will depend on various market factors and cannot be predicted with certainty.