Incorporated in 2015, Dhruv Wellness Ltd is engaged in the business of wholeselling and distributorship of general, pharmaceutical and cosmetic products. They also functions as a stockist of medical, general cosmetics and pharmaceutical products. The company serves retailers, wholesalers and other clients.
They have worked with many renowned distributors in cosmetic and pharma sectors and all of which supply different line of products to the Company. The product ranges from small sachets of shampoos and other toiletries to pharmaceutical products that become a part of every household. Their products are distributed among an extensive chain of retailers across the area starting from Jogeshwari to Dhanu in Mumbai. They have constituted a widespread tie-up with general and medical stores in Mumbai's suburban areas.
The Promoters of the Company are:
1. Mr. Pravinkumar Prajapati
2. Mrs. AnitaPrajapati
The objects of the Issue are:
1. Working capital requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.
»» Issue Open: Aug 31, 2017 - Sep 4, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 2,784,000 Equity Shares of Rs 10 aggregating up to Rs 5.57 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 20 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: BSE SME
Dhruv Wellness IPO Subscription Status tells if Dhruv Wellness IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Dhruv Wellness IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||1,392,000||1,392,000||2,784,000|
|Day 1 - Aug 31, 2017 17:00 IST||0||0||48,000||48,000|
|Day 2 - Sep 1, 2017 17:00 IST||0||0||132,000||132,000|
|Day 3 - Sep 4, 2017 17:00 IST||0||5,190,000||1,416,000||6,606,000|
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