D P Abhushan Ltd IPO (DP Abhushan IPO) Detail

Oct 9, 2017 - Oct 11, 2017

D.P. Abhushan Ltd. (DPAL) is engaged in the retail business of various jewelleries and ornaments made out of gold, diamonds and platinum studded with precious and semi-precious stones. Company’s product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewellery.

Currently they have four showrooms under the "D.P. Jewellers" brand located in four different cities of India i.e. Ratlam, Indore, Bhopal and Udaipur. All of these showrooms are operated and managed by it, and has been taken on rental basis. Further, it has plans to expand its retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17, for which it has purchased area comprising of 10,395 sq ft. at DNR 90, Mahatama Gandhi Marg, Yashwant Niwas Road, Indore.

The manufacturing of jewellery products are done through job work from third parties. Further, DPAL also purchases readymade jewellery from independent jewelers. It has also entered into an agreement dated May 05, 2015 with R.S. Diamonds Private Limited for sale of diamond jewelleries under brand of “Divine Solitaires” from its retail outlets.

DPAL has also installed 5 wind turbine generators of 750 KW each in Village Bagia & Naveli, Ratlam, Madhya Pradesh in Sept.’12. In Jan.’13, the Company entered into an agreement with MPPMCL (M.P. Power Management Co. Ltd.) for exclusive sale of power, generated from wind turbine generators to MPPMCL. Company has outsourced all operations and maintenance activities relating to wind turbines to a third party.

Company Promoters:

The promoters of the company are:

1. Mr. Vikas Kataria,
2. Mr. Anil Kataria,
3. Mrs. Renu Kataria,
4. Anil Kataria HUF,
5. Vikas Ratanlal Kataria (HUF),
6. Mr. Santosh Kataria,
7. Santosh Ratanlal Kataria HUF,
8. Sanjay Kataria,
9. Sanjay Manoharlal Kataria HUF,
10. Rajesh Manoharlal Kataria HUF and
11. Manoharlal Panalal Kataria HUF

Objects of the Issue:

The object of the issue are:

1. To meet Working Capital requirements;
2. To meet General Corporate Expenses;
3. To meet Issue Expenses.

DP Abhushan IPO Details

IPO Date	Oct 9, 2017 - Oct 11, 2017
Issue Type	Fixed Price Issue IPO
Issue Size	5,932,000 Eq Shares of ₹10 (aggregating up to ₹16.61 Cr)
Face Value	₹10 Per Equity Share
IPO Price	₹28 Per Equity Share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	NSE SME

DP Abhushan IPO Lot Size and Price (Retail)

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	4000	₹112,000
Maximum	1	4000	₹112,000

DP Abhushan IPO Subscription Status (Bidding Detail)

DP Abhushan IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Others	Total
Shares Offered	-	-	-	-	-	-
Oct 9, 2017 17:00

DP Abhushan IPO Prospectus

› DP Abhushan IPO RHP

DP Abhushan IPO Rating

130

3.9

Rating:

Vote Here ...

DP Abhushan IPO Listing Date

Listing Date	Monday, October 23, 2017
BSE Script Code
NSE Symbol	DPABHUSHAN
Listing In
ISIN	INE266Y01019
IPO Price	₹28 Per Equity Share
Face Value	₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹28.00
Open:	₹33.60
Low:	₹32.65
High:	₹33.60
Last Trade:	₹33.60
Volume:	3,400,000

DP Abhushan IPO Reviews / Ratings

Dilip Davda - Subscribe

Company Contact Information

D P Abhushan Ltd
138, Chandani Chowk,
Ratlam - 457001

Phone: +91-7412- 490966
Email: dpj@dpjewellers.com
Website: http://www.dpjewellers.com

DP Abhushan 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

DP Abhushan IPO Lead Manager(s)

Hem Securities Limited

Lead Manager Reports

DP Abhushan IPO FAQs

1. What is DP Abhushan IPO?

DP Abhushan IPO is a SME IPO of 5,932,000 equity shares of the face value of ₹10 aggregating up to ₹16.61 Crores.

The issue price of the IPO is ₹28 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

The IPO opens on Oct 9, 2017 and closes on Oct 11, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
2. When DP Abhushan IPO will open?

The DP Abhushan IPO opens on Oct 9, 2017 and closes on Oct 11, 2017.
3. How to apply for DP Abhushan IPO?

DP Abhushan 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. When DP Abhushan IPO allotment?

The finalization of Basis of Allotment for DP Abhushan IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the DP Abhushan IPO allotment status.
5. When is DP Abhushan IPO listing date?

The DP Abhushan IPO listing date is on Monday, October 23, 2017, at NSE SME.
6. What is the lot size of DP Abhushan IPO?

DP Abhushan IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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Useful Articles

DP Abhushan IPO Review / Comments

138. Sujal Dec 2, 2017 11:11

Dp abhusan hold or sell at current price bought @33 I''m long term investor expert please advise I''m ready to hold for 1 year what price one can expect in Dp abhusan in one year time.

137. RAJAKUMAR Nov 29, 2017 11:46

IPO Guru (1300+ Posts, 900+ Likes)

DYNAMIC CABLES ISSUE OPEN 4 TO 6.
PRICE 30
LOT SIZE 3000 SHARES.
HEM SECURITIES LEAD MANAGER.
IT IS ANOTHER 20% CIRCUIT COMPANY.

136. Sujal Nov 24, 2017 16:42

Hold don''t sell good company target 70 short term

135. tabspk Nov 22, 2017 10:38

Is this a good time to exit for retail investor?

134. manish Bhardwaj Nov 13, 2017 18:11

Rahul Doshi has again invested 150000 rupees today, this week it will hit another UC.
Stay connected.

Hold your shares tightly.
Vaibhav Doshi ( Vice president of Edelweiss) has purchased 180000 shares and his relative Rahul Doshi has purchased 164000 shares.

Source - Nse website.( posted on 23rd Oct 2017)

133. CipherK Nov 9, 2017 09:51

Dear Admin,

DP Abhushan is showing at loss of 22% on the home page ipo performance summary.
Please get this corrected.

132. Sujal Nov 7, 2017 16:10

Short term & long term target for dp abhusan please advice

131. pradkumc Oct 27, 2017 13:03

I got i lot of DP Abhushan. I am not able to transact SME shares through ICICI Direct. Can some one help me how can I trade in SME shares

131.1. rvr Oct 31, 2017 17:57

CALL CUSTOMER CARE AND PLACE ORDER...THAT S THE ONLY WAY

130. Sujal Oct 28, 2017 14:38

What to do in dp hold or exit bought dp shares @33

129. Praneeth Oct 26, 2017 11:26

Any idea why d. P abhushan share price is falling ?

128. manish Bhardwaj Oct 25, 2017 00:20

Board of directors of Both companies UTKARSH LAND DEVELOPERS LIMITED and SHREE JALARAM METALS PRIVATE LIMITED are Kataria.

128.1. Rishi Kapoor Oct 25, 2017 09:40

That doesn''t mean that they are related.. Names are different, there is no relation!!! There are millions of Katarias!

127. manish Bhardwaj Oct 24, 2017 19:02

Hold your shares as this will be doubles within one year.

Promoters Relative from ( UTKARSH LAND DEVELOPERS LIMITED) has purchased 168000 shares today.
Promoters Relative from ( SHREE JALARAM METALS PRIVATE LIMITED) has purchased 300000 shares today.

If promoters are investing this shows there fundamentals are strong.

Source # NSE website

127.1. Rishi Kapoor Oct 25, 2017 00:14

How do you know that they are relatives? Please show proof

126. S biswas Oct 23, 2017 23:58

Today I did not able to sell D.P. abhushan from IICICI direct but it is not showing in ICICI direct Online DP account. I gave request to sell it offline. but It was not sold. Please suggest me how to sell this ipo. Can anyone confirm me is there any brokinh house where SMS IPO can sell through online DP tradng account platform. Please help me friend. I am new in SME IPO

126.1. manishan Oct 24, 2017 11:34

I am using Zerodha.. It support SME segment.

126.2. sraykha Oct 24, 2017 23:38

Sharekhan supported SME IPO

125. Sumit fatehchandani Oct 24, 2017 11:28

Hello Friends, I am not able to see this share in Moneycontrol when i type D.P.Abhushan the message comes these share are not readed in nse last 30 days, where i saw this script

125.1. Abhayd Oct 24, 2017 16:17

This problem in moneycontrol is usually for every new sme ipo. It is better to use official application provided by your stock broking company or nse/bse website.moneycontrol generally updates new sme ipo after 1-2 days of listing

124. IPO LEADER Oct 24, 2017 14:00

Big work in DP stock showing Strongness good for stock holders

123. manishan Oct 23, 2017 11:10

Thank god all loose hands are gone..more than 56 percentage are traded already..hoping for minimum 2 more UCs

Load more comments (2 replies)

123.3. Hiro Devrani Oct 23, 2017 15:14

Ok Manishan .. May God fulfill the same wish for 2 U.C.

123.4. S biswas Oct 24, 2017 04:29

I did not able to sell DP Abhushan. Please help

122. IPO LEADER Oct 23, 2017 23:33

May see 2nd UC tomorrow

121. IPO LEADER Oct 23, 2017 23:24

-23 -24 gic
69-70 nippon
112-114 MLL

120. manish Bhardwaj Oct 23, 2017 19:16

Hold your shares tightly.
Vaibhav Doshi ( Vice president of Edelweiss) has purchased 180000 shares and his relative Rahul Doshi has purchased 164000 shares.

Source - Nse website.

120.1. SDK Oct 23, 2017 19:52

Vaibhav Doshi sold 1,60,000 and Rahul Doshi sold 64,000. Source NSE
So vaibhav have remaining 5 lot and Rahul Doshi has 25 lot now.

I am not sure motive behind such transaction... buy 180000 share at upper circuit and sell 160000 at same price... there should be something which I am not able to understand.

23-Oct-2017 DPABHUSHAN D. P. Abhushan Limited VAIBHAV DOSHI BUY 1,80,000 33.60 -
23-Oct-2017 DPABHUSHAN D. P. Abhushan Limited VAIBHAV DOSHI SELL 1,60,000 33.60 -

120.2. amitag Oct 23, 2017 23:07

Kindly suggest how to check that Vaibhav Doshi has subscribed from NSE website. Please provide the link if possible.

119. NEMI CHAND AJMERA Oct 23, 2017 22:53

Today some manipulation done and purchased big no of shares. Tomorrow all who purchased share today will try to sell. SO be cautious tomorrow. Heavy traded volume means many DII sold share along with retailers.

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