Dolfin Rubbers Limited IPO (Dolfin Rubbers IPO) Detail

Sep 27, 2018 - Oct 1, 2018

Incorporated in 1995, Ludhiana based Dolfin Rubbers Limited is a company engaged in the business of manufacturing Auto and Animal Driven Vehicle (ADV) tubes.

The company manufactures a range of rubber tubes, for various types of vehicles including Mopeds, Scooters, Motorcycles, Cars, Jeeps, Buses, Trucks and Tractors etc.

It sells auto tubes under the 'Dolfin' Brand. The Brand accounts for one of the highest shares of Auto and ADV tubes in Butyl rubber in replacement market in the country.

The company's manufacturing facility is located at Ludhiana.

It has an established distribution network spread across 27 states and union territories in India.

The company has 284 employees on its payroll.

Competitive Strengths-

1. An established brand 'Dolfin'
2. Robust distribution network across India
3. Wide product portfolio to cater to a large customer base

Company Promoters:

The Promoters of the company are Kawaljit Singh and Ratinder Kaur. They hold 16,48,664 Equity Shares representing 29.85% of the issued and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Jan-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,814.92 1,651.05 1,261.86 1,298.04 1,588.87 1,402.92
Total Revenue 4,220.09 4,308.65 4,092.37 3,255.34 2,856.57 2,503.22
Profit After Tax 102.91 69.56 52.81 67.33 56.83 50.01

Objects of the Issue:

The objects of the Issue are-

1. To meet working capital requirements- Rs 367 lakhs
2. General Corporate Purposes- Rs 100 lakhs
3. To meet the Issue Expenses- Rs 53 lakhs

Dolfin Rubbers IPO Details

IPO DateSep 27, 2018 - Oct 1, 2018
Issue TypeFixed Price Issue IPO
Issue Size2,000,000 Eq Shares of ₹10
(aggregating up to ₹5.20 Cr)
Face Value₹10 Per Equity Share
IPO Price₹26 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

Dolfin Rubbers IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹104,000
Maximum14000₹104,000

Dolfin Rubbers IPO Subscription Status (Bidding Detail)

Dolfin Rubbers IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

948,000

948,000

1,896,000

Oct 1, 2018 18:50

1.82x

0.68x

1.25x

Dolfin Rubbers IPO Prospectus

Dolfin Rubbers IPO Rating

27
2.2
Rating:Rated 2.2 stars

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Dolfin Rubbers IPO Listing Date

Listing DateWednesday, October 10, 2018
BSE Script Code542013
NSE Symbol
Listing In
ISININE666Y01010
IPO Price₹26 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹26.00
₹27.50
₹27.00
₹27.60
₹27.05
20,000

Dolfin Rubbers IPO Reviews / Ratings

Company Contact Information

Dolfin Rubbers Limited
79/1, Block-H
Sarabha Nagar,
Ludhiana Punjab 141002

Phone: 0161-5031030, 2456880
Email: dolfintube@gmail.com
Website: http://www.dolfin.co.in

Dolfin Rubbers IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Dolfin Rubbers IPO FAQs

  1. 1. What is Dolfin Rubbers IPO?

    Dolfin Rubbers IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹5.20 Crores.

    The issue price of the IPO is ₹26 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 27, 2018 and closes on Oct 1, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Dolfin Rubbers IPO will open?

    The Dolfin Rubbers IPO opens on Sep 27, 2018 and closes on Oct 1, 2018.

  3. 3. How to apply for Dolfin Rubbers IPO?

    Dolfin Rubbers IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Dolfin Rubbers IPO allotment?

    The finalization of Basis of Allotment for Dolfin Rubbers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dolfin Rubbers IPO allotment status.

  5. 5. When is Dolfin Rubbers IPO listing date?

    The Dolfin Rubbers IPO listing date is on Wednesday, October 10, 2018, at BSE SME.
  6. 6. What is the lot size of Dolfin Rubbers IPO?

    Dolfin Rubbers IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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Dolfin Rubbers IPO Review / Comments

GrowYourMoney
1. GrowYourMoney  Sep 25, 2018 16:22
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Looking Avg...
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