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Darshan Orna Limited IPO (Darshan Orna IPO) Detail

May 2, 2016 - May 11, 2016

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.

Company Promoters:

The Promoters of the Company are:

1. Mr. Mahendrakumar Ramniklal Shah
2. Mrs. Arunaben Mahendrakumar Shah

Objects of the Issue:

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

Darshan Orna IPO Details

IPO Opening Date May 2, 2016
IPO Closing Date May 11, 2016
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹60 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME
Issue Size1,256,000 Eq Shares of ₹10
(aggregating up to ₹7.54 Cr)

Darshan Orna IPO Lot Size

The Darshan Orna IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹120,000
Maximum 1 2000 ₹120,000

Darshan Orna IPO Prospectus

Darshan Orna IPO Rating

4
3.3
Rating:Rated 3.3 stars
Vote Here ...

Darshan Orna IPO Listing Date

Listing Date Thursday, May 19, 2016
BSE Script Code 539884
NSE Symbol
Listing In MT Group of Securities
ISIN INE671T01010
IPO Price ₹60 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹60.00
₹60.80
₹60.80
₹61.90
₹61.00

Company Contact Information

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

Darshan Orna IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email:
Website: https://karisma.kfintech.com/

Darshan Orna IPO Reviews / Ratings

Darshan Orna IPO FAQs

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 equity share. The minimum order quantity is 2000 Shares.

The IPO opens on May 2, 2016, and closes on May 11, 2016.

KFintech Private 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 2000 Shares.

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, Edelweiss, 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.

The Darshan Orna IPO listing date is on Thursday, May 19, 2016.

Darshan Orna IPO Message Board

Ranked Members  Ranked Members

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4. MANISH AGARWAL |May 16, 2016 18:15
Listinng date of Darshan orna
3. Haar Jeet |May 10, 2016 09:16
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Pls update nse bidding price eagleye
2. DURAISWAMY |May 8, 2016 18:09
FIRST OVERSEAS CAPITAL WAS THE LEAD MANAGER FOR FUNNY SOFTWARE LTD ITS ISSUE PRICE WAS Rs 14 Now no buyers for even 8.99 . I WAS TRAPPED IN THE FUNNY SOFTWARE LTD . I TOOK RISK AND I WAS TRAPPED FROM AUGUST 2015. BEWARE OF THIS SME IPO
2.1. Thunderbird |May 8, 2016 20:09
Thanks
1. Thunderbird |May 8, 2016 14:04
Hi Eagal EYE, can you guide on Darshan Orna , is it worth to invest , also according to you what is expected listing price for Parad food