Incorporated in 2004, Kolkata based Diksha Greens Limited is a company engaged in the business of trading of timber, wooden logs, sawn timber and manufacturing of veneer sheets.
In 2006 the company obtained Importer-Exporter code (IEC) and started importing the wooden logs and timber. It imports logs and timbers from many countries including Malaysia, Vietnam, Burma, Nigeria, Ghana, Ivory Coast, Ecuador, Salvador, Costa Rica, Solomon Island, Papua and Guinea etc.
Diksha has a Factory located in Baidyabati, Hooghly, West Bengal. In this unit, the logs are sold in raw form as well as sawn timber. Here veneer sheets are also produced as per the customer requirements.
This year the company has decided to expand its business. It purchased a Multi-Commodity Cold Storage wherein storage facilities for fruits and vegetables are offered to traders/farmers.
The company plans to involve into trading of fruits, vegetables, Dry Fruits, Egg, Fish and Spices in future.
Diksha Green has 9 employees on its payroll.
The promoters of the company are Mr Rajesh Pirogiwal, Mrs Sunita Pirogiwal, Ms Tanvi Pirogiwal and M/s. Rajesh Kumar Pirogiwal & Sons HUF. They hold 21,08,678 Equity Shares which in the aggregate, constitutes 38.85% of the issued and paid-up Equity Share capital of the Company.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||41.45||55.05||63.78||45.99||40.33||38.59|
The Objects of the Issue are to raise funds to meet:
1. Working requirements of the company- Rs 1257 lakhs
2. Issue Expenses- Rs 75 lakhs
|Issue Open||Nov 26, 2018 - Nov 28, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||4,440,000 Eq Shares of Rs 10 |
(aggregating up to Rs 13.32 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 30 Per Equity Share|
|Market Lot||4000 Shares|
|Min Order Quantity||4000 Shares|
|Listing At||BSE SME|
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