Dhariwal Corp Limited IPO GMP

Dhariwal Corp Limited is one of the leading Importers and Exporters of a comprehensive range of Wax and Industrial Chemicals. Besides, they are also engaged as Manufacturer and Supplier of Candles. 

Dhariwal Corp, a Book Built Issue amounting to ₹25.14 crores, consisting entirely a Fresh Issue of 23.724 Lakh Shares. The subscription period for the Dhariwal Corp IPO opens on July 01, 2024, and closes on August 05, 2024. The allotment is expected to be finalized on or about Tuesday, August 06, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, August 08, 2024.

The Share price band of Dhariwal Corp IPO is set at ₹102 to ₹106 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹127,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹254,400.

SHRENI SHARES LIMITED is the book-running lead manager, BIGSHARE SERVICES PVT LTD is the registrar for the Issue. Shreni Shares Limited will act as the Market Maker for the Dhariwal Corp IPO.

Dhariwal Corp Limited IPO GMP Today
The Grey Market Premium of Dhariwal Corp Limited IPO is expected in the range of ₹30 to ₹35 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Dhariwal Corp Limited IPO Live Subscription Status Today
As of 06:39 PM on 02 August 2024, the Dhariwal Corp Limited IPO live subscription status shows that the IPO subscribed 9.13 times on on the first day of subscription period. Check the Dhariwal Corp Limited IPO Live Subscription Status Today at NSE.

Dhariwal Corp Limited IPO Live Subscription Status Today
As of 09:28 PM on 01 August 2024, the Dhariwal Corp Limited IPO live subscription status shows that the IPO subscribed 3.03 times on day 1 . Check the Dhariwal Corp Limited IPO Live Subscription Status Today at NSE.

Dhariwal Corp Limited IPO Allotment Status
Dhariwal Corp IPO allotment date is 06 August, 2024, Tuesday. Dhariwal Corp IPO Allotment will be out on 6th August 2024 and will be live on Registrar Website from the allotment date. Check Dhariwal Corp Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Dhariwal Corp Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Dhariwal Corp Limited IPO
Dhariwal Corp Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹810.00 Lakhs is required for Funding Capital Expenditure towards construction of Warehouse 
2. ₹800.00 Lakhs is required for Funding working capital of their company; 
3. General corporate purposes.

Refer to Dhariwal Corp Limited RHP for more details about the Company.