PS www.ProStocks.com
|
|
Incorporated in 2011, Darshan Orna Ltd (DOL) is a Small and Medium Enterprise (SME) engaged in the Gold & Silver Jewellery and Ornaments Business. The Company started its commercial operations as a Wholesaler and Trader of Gold and Silver Jewelries and Ornaments by setting a unit in Manek Chowk area of Ahmedabad in North Gujarat, which is known as a hub of Gold & Silver Market. Company's portfolio comprises Traditional Jewellery, Indo-Western Jewellery & Modern Jewellery.
DOL's Jewelries and Ornaments are designed keeping in mind the demand of various customers coming from diverse cultures and age groups. Over the last couple of years, the company has achieved tremendous growth in sales. The company sources its raw material from its suppliers. Over the years, the company has built up a credible sales-force to market its jewelries in Ahmedabad.
| IPO Date | May 2, 2016 to May 11, 2016 |
| Listing Date | May 19, 2016 |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,256,000 shares (aggregating up to ₹7.54 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
The Darshan Orna IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
| Lot Size Calculator | |||
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
1. To meet working capital requirement;
2. General corporate expenses; and
3. To meet the expenses of the Issue
[Dilip Davda]
Since issue is aggressively priced, there is no harm giving it a miss. However, only risk savvy investors with surplus funds may park their funds for long term rewards.
Read detail review...
| Listing Date | May 19, 2016 |
| BSE Script Code | 539884 |
| NSE Symbol | |
| ISIN | INE671T01010 |
| Final Issue Price | ₹60 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹60.00 |
| ₹60.80 |
| ₹60.80 |
| ₹61.90 |
| ₹61.00 |
Darshan Orna Limited
2018/1, First Floor, Nr. Rupa Surchand Ni Pole,
M.G. Haveli Road, Manek Chowk,
Ahmedabad (Gujarat) - 380001, India
Phone: +91 79 22142568
Email: info@darshanorna.com
Website: http://www.darshanorna.com
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email:
Website: https://karisma.kfintech.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Darshan Orna IPO is a SME IPO of 1,256,000 equity shares of the face value of ₹10 aggregating up to ₹7.54 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000 Shares.
The IPO opens on May 2, 2016, and closes on May 11, 2016.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Darshan Orna IPO opens on May 2, 2016 and closes on May 11, 2016.
Darshan Orna IPO lot size is 2000 Shares and the minimum order quantity is .
You can apply in Darshan Orna IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Darshan Orna IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Darshan Orna IPO allotment status.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
