Dhanuka Commercial Ltd IPO (Dhanuka Commercial IPO) Detail

May 22, 2014 - May 28, 2014

Incorporated in 1994, Dhanuka Commercial Ltd is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.

The company wants to expand its portfolio of products and services by introducing products such as Loans against Property, IPO Funding, Financial and Management Consultancy in addition with the existing products of Unsecured ICDs and Loans and Personal Loans. They plan to continue to sell their products and services to existing corporate client base and further target other High Net Worth Individuals and Firms with impeccable credit track record to whom the company may advance funds both secured/ unsecured based on the risk profile and as envisaged in the loan policy of the company.

Objects of the Issue

The Object of the Issue is to raise funds for:

1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to their NBFC activities; and
2. To meet Issue related Expenses.

Dhanuka Commercial IPO Details

IPO Date May 22, 2014 to May 28, 2014
Listing Date Wednesday, June 11, 2014
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Issue Size4,440,000 shares of ₹10
(aggregating up to ₹4.44 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company the are:

1. Mr. Sanjeev Mittal
2. Mr. Mahesh Kumar Dhanuka
3. Mr. Gopal Krishan Bansal

Dhanuka Commercial IPO Lot Size

The Dhanuka Commercial IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000

Dhanuka Commercial IPO Review

 Avoid this at par issue as it has entry barrier as well as high P/E.

Read detail review...

Dhanuka Commercial IPO Prospectus

Dhanuka Commercial IPO Rating

Rating:Rated 3.9 stars
Vote Here ...

Dhanuka Commercial IPO Listing Date

Listing Date Wednesday, June 11, 2014
BSE Script Code 538446
NSE Symbol
Listing In MT Group of Securities
ISIN INE296Q01012
IPO Price ₹10 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Dhanuka Commercial Ltd
61, Vats Market,
Near Shiva Market,
Pitampura, Delhi - 110034
Phone: +91-11-4513 2171

Dhanuka Commercial IPO Registrar

MAS Services Limited

Phone: (011) 2610 4142

Dhanuka Commercial IPO Review

Dhanuka Commercial IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

Dhanuka Commercial IPO FAQs

Dhanuka Commercial IPO is a SME IPO of 4,440,000 equity shares of the face value of ₹10 aggregating up to ₹4.44 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on May 22, 2014, and closes on May 28, 2014.

MAS Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Dhanuka Commercial IPO opens on May 22, 2014 and closes on May 28, 2014.

Dhanuka Commercial IPO lot size is 10000 Shares and the minimum order quantity is .

You can apply in Dhanuka Commercial 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 Dhanuka Commercial IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dhanuka Commercial IPO allotment status.

The Dhanuka Commercial IPO listing date is on Wednesday, June 11, 2014.
Open an Instant Account with Zerodha

Dhanuka Commercial IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1. DURAISWAMY |   Link |Jul 18, 2014 11:29:01 AM
Dhanuka commercial lost its reputation . It is trading below the issue price for past one and half months. After listing in BSE