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D.K. Enterprises Global Limited IPO (DK Enterprises Global IPO) Detail

Oct 7, 2021 - Oct 12, 2021

Incorporated in 2019, D.K. Enterprises Global Ltd manufactures paper-based packing material, self-adhesive tapes (Masking, Siliconized, Medical and surface protection tapes), Laminated products, and flexible packaging. It serves many MNCs i.e. Vodafone Idea, Patanjali Ayurvedic Limited, Crompton Greaves Consumer Electrical Limited, Godrej, Phonepey, ITC, Amul, etc.

Its manufacturing facility Unit I is located at Panchkula, Haryana, and Unit II is in Vadodra, Gujarat. The company is planning to establish a new manufacturing unit at Baddi, Himachal Pradesh to manufacture Clear/Printed Bopp Tape, Masking/Specialty tapes, and laminated products.

Competitive Strengths

  • Wide range of products offerings.
  • Strong long-term relationship with top customers.
  • Robust infrastructure and integrated product manufacturing capabilities.
  • ISO 9001:2015 and ISO 45001:2018 certification.
  • Experienced promoters and managers team.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
30-Jun-21 31-Mar-21 31-Mar-20
Total Assets 2,806.41 2,778.33 1,906.05
Total Revenue 1,912.59 6,495.79 4,555.03
Profit After Tax 99.77 243.86 149.51

Objects of the Issue

  • To set up a new manufacturing facility at Baddi, Himachal Pradesh.
  • Meet incremental working capital requirements.
  • Meet general corporate purposes.
  • Meet public issue expenses.

DK Enterprises Global IPO Details

DK Enterprises Global IPO Date Oct 7, 2021 to Oct 12, 2021
DK Enterprises Global IPO Face Value ₹10 per share
DK Enterprises Global IPO Price ₹40 per share
DK Enterprises Global IPO Lot Size 3000 Shares
Issue Size1,998,000 shares of ₹10
(aggregating up to ₹7.99 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

Mr. Rakesh Kumar, Mrs. Rekha Bansal, and Mr. Dhruv Rakesh are the company promoters.

DK Enterprises Global IPO Timeline (Tentative Timetable)

DK Enterprises Global IPO opens on Oct 7, 2021, and closes on Oct 12, 2021. The DK Enterprises Global IPO bid date is from Oct 7, 2021 10.00 A.M. to Oct 12, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
DK Enterprises Global IPO Opening Date Oct 7, 2021
DK Enterprises Global IPO Closing Date Oct 12, 2021
Basis of Allotment Oct 18, 2021
Initiation of Refunds Oct 20, 2021
Credit of Shares to Demat Oct 20, 2021
DK Enterprises Global IPO Listing Date Oct 22, 2021

DK Enterprises Global IPO Lot Size

The DK Enterprises Global IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000

DK Enterprises Global IPO Promoter Holding

Pre Issue Share Holding 99.88%
Post Issue Share Holding 73.30%

DK Enterprises Global IPO Review

DEGL is working in a segment that has bright prospects ahead. Though there are many players in the field, its lucrative pricing makes it a long term bet. The only concern is the average track record of the Lead Manager. Investors may consider investing in this reasonably priced issue. Read detail review...


DK Enterprises Global IPO Subscription Status (Bidding Detail)

The DK Enterprises Global IPO is subscribed 12.50 times on Oct 12, 2021 5:00:00 PM. The public issue subscribed 17.58 times in the retail category, times in the QIB category, and 7.43 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII7.43
Retail17.58
Total12.50

DK Enterprises Global IPO Prospectus

DK Enterprises Global IPO Rating

263
4.0
Rating:Rated 4.0 stars
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DK Enterprises Global IPO Listing Date

Listing Date Friday, October 22, 2021
BSE Script Code
NSE Symbol DKEGL
Listing In ST Group of Securities
ISIN INE0GN101014
IPO Price ₹40 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹40.00
Open: ₹42.00
Low: ₹41.00
High: ₹44.10
Last Trade: ₹43.30

Company Contact Information

D.K. Enterprises Global Limited
Plot No-235 Industrial Area
Phase-2 Panchkula, Haryana 134109

Phone: 91 172 259 1548
Email: cs@dkenterprises.co.in
Website: http://www.dkenterprises.co.in/

DK Enterprises Global IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/

DK Enterprises Global IPO Review

DK Enterprises Global IPO Recommendation Summary

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Members 0 0 0

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DK Enterprises Global IPO FAQs

DK Enterprises Global IPO is a SME IPO of 1,998,000 equity shares of the face value of ₹10 aggregating up to ₹7.99 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Oct 7, 2021, and closes on Oct 12, 2021.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in DK Enterprises Global IPO using UPI as a payment gateway. Zerodha customers can apply in DK Enterprises Global IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in DK Enterprises Global IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'DK Enterprises Global IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The DK Enterprises Global IPO opens on Oct 7, 2021 and closes on Oct 12, 2021.

DK Enterprises Global IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in DK Enterprises Global 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 DK Enterprises Global IPO will be done on Oct 18, 2021, and the allotted shares will be credited to your demat account by Oct 20, 2021. Check the DK Enterprises Global IPO allotment status.

The DK Enterprises Global IPO listing date is on Friday, October 22, 2021.
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DK Enterprises Global IPO Message Board

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378 Comments

111. G J 😃 |   Link |Nov 8, 2021 2:26:09 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
DK is at 39.90
Almost on its issue Price (40)
08-Nov-2021 03.25 PM
110. harishkumar |   Link |Oct 31, 2021 12:53:15 PM
investors are CHEATED? WHAT IS THE REASON FOR CONTINUEOUS FALL? COMPANY MANAGEMENT SHOULD DO NEEDFUL FOR INVESTORS. SEPTEMBER QUARTER RESULT? COMPANY IS SUPPLYING GOODS TO VALUABLE CLIENTS. RESULTS WERE GOOD. THOUGH SHARE PRICE IS GOING DOWN AND DOWN. THE REPUTATION OF COMPANY PROMOTER IS NOT GOOD?

109. Sahil Budhiraja |   Link |Oct 27, 2021 11:50:55 AM
Please advice. Am new to share market. What to do with this share. Already in 15k loss.
109.1. Jayanta Chakrabarti |   Link |Oct 27, 2021 1:01:07 PM
You have to own the company. Unless the company goes busted. I don''t think there is anything to panic about.
109.2. WHIMPY |   Link |Oct 30, 2021 11:58:53 AM
Book the loss, as the company is not so good, it is better to book loss and exit and invest in new company. Only the luree like small investor can buy and promoter and mark to mark (Sole leader) can run away.

ashamed on promoters group
108. WHIMPY |   Link |Oct 29, 2021 10:00:57 AM
This Stock will fall upto 30 , thereafter full chances to swing from 30 to 45(at that time book profit ) and sit and enjoy the party, if risk adverter than make 40 as stop loss
107. Sahil Budhiraja |   Link |Oct 27, 2021 11:50:42 AM
Please advice. Am new to share market. What to do with this share. Already in 15k loss.
106. Sahil Budhiraja |   Link |Oct 27, 2021 11:48:10 AM
Already in 15k loss. Kindly recommend what to do. No news of this share also.
105. SR Trading |   Link |Oct 24, 2021 12:39:51 PM
This script is really good and short term target would be Rs.60.
Some of my positive observations :
I. Objects of the Issue is to expand the capacity thereby enhance the profitability
II. Preopening was seen at Rs.50 but not sustained due to external market conditions
III. Assets base and profitability is really good and especially Q1 numbers are excellent and that shows they are catching up after COVID
IV. Traded volume is good at opening day (600K) and that shows most of them are buying.
I''m also anticipated similar kind of approach for Prevest and targeted at Rs.300.

If you want to book some profit and invest some good IPO, you may do but I don''t think so we have very good mainboard IPOs and valuation also so expensive and we can''t get much return and even we money e.g. Aditya AMC, Aptus, and Cartrade.
Choose right option.
105.3. Satheeshb |   Link |Nov 3, 2021 11:31:23 AM
When you are trading in stock market we should have patience.
Think before you apply ipo or buy any stock and what is your target price and how much risk you want to take.
Company financials are good and they are going for expansion not offer for sale.
If you have patience please otherwise book some loss exit.
105.4. DIPAKPATELRAJKOT |   Link |Nov 25, 2021 2:36:38 PM
ab dekho 50 crossed
104. R.kapoor |   Link |Oct 27, 2021 10:39:10 AM
Plz don''t be misguide against any ipo''s.. in short wahi log yha gyan bate, jinke pas actual me gyan ho😊. Bhai Retailers ka paisa mt fasao..
103. RAYMANGIA IPO MEMBER |   Link |Oct 26, 2021 11:14:25 PM
Aney Gmp???
102. Carn Mohan |   Link |Oct 26, 2021 10:24:27 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
Lottery log gai allotment nahi hua
Lower cerket at 39
Ha ha ha.
102.1. Spock 🖖 |   Link |Oct 26, 2021 6:41:29 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
share price 40
listing price 42
day high 44.1

sold allotted lot at 44.1

Now LC, who cares
You knew SME better, jitana milata hai lelo listing day pe, baki bhagwan bharose
101. JIgar A |   Link |Oct 22, 2021 9:13:24 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Open above 50
Congratulations to allottess
101.1. lokes |   Link |Oct 25, 2021 6:43:19 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
wait till 9.46 am before final price and saying congrats
100. MRavichandran |   Link |Oct 22, 2021 10:01:53 AM
IPO Guru IPO Guru (1500+ Posts, 2100+ Likes)
not a bad start, locked UC at 44.10

Thanks
100.11. Noorul |   Link |Oct 23, 2021 8:13:00 PM
@GJ. Rajasthan worth watching.. do visit jodhpur. My hometown.
100.12. G J 😃 |   Link |Oct 23, 2021 11:33:10 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
@Noorul,
Yes, actually was worth it.
We visited Udaipur, Mount Abu, Jaipur and some other places too. Roads are awesome for driving, specially National highways are really great, compared to what we have in MP.

Next time, Jodhpur and Chittorgarh.
Thanks.
99. Kjain |   Link |Oct 22, 2021 11:35:42 PM
Hii guys not alloted but still fund are in lien whyy ???
98. Kjain |   Link |Oct 22, 2021 11:26:09 PM
Hiit guys
Not allowed but fund are still in lien
Why ???
97. lokes |   Link |Oct 22, 2021 10:01:27 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
So listing with 5% gains only....in lower side of what I suggested between 42 to 44.... average listing, can''t say good
97.14. lokes |   Link |Oct 22, 2021 1:00:15 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@amit: ya i can understand since you sold bombay around 119 , that was too early as per current price, anyways i also sold that today (and who knows may be i also sold early) but its good to book some profits instead of regretting later like in markolines and jainam it happened with me.
Also everyone has different risk taking capacity and funds arrangement, so as per these two things, everyone should consider holding or selling.
97.15. Amit Jaipur |   Link |Oct 22, 2021 1:23:53 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
yes sir that is very true as i am also still holding markolines & wanted to exit at 80 but our greed n luck didnt allowed & now it seems that it will be sold at huge loss.
96. Sekhar pentakota |   Link |Oct 22, 2021 10:58:35 AM
Hold this stock in future 100% return company good growth
95. Malatesh |   Link |Oct 22, 2021 10:48:19 AM
Better to sell
94. lokes |   Link |Oct 19, 2021 12:09:51 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
I got allotted.....
94.9. Noorul |   Link |Oct 19, 2021 5:44:46 PM
10% will take with both the hands..
94.10. lokes |   Link |Oct 22, 2021 10:05:32 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
@noorul: so now it''s your 10% , you can take with both hands :)
93. Hitroj |   Link |Oct 22, 2021 9:06:46 AM
What''s symbol in nse or bse? Rate doesn''t reflect
93.5. Mahesh |   Link |Oct 22, 2021 9:47:35 AM
locked at 42...
93.6. MRavichandran |   Link |Oct 22, 2021 9:54:15 AM
IPO Guru IPO Guru (1500+ Posts, 2100+ Likes)
Open at 42
92. Amit Jaipur |   Link |Oct 22, 2021 9:46:01 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Matching at 42 very disappointing.