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.

DP Abhushan IPO Details

IPO Date Oct 9, 2017 to Oct 11, 2017
Listing Date Oct 23, 2017
Face Value ₹10 per share
Price ₹28 per share
Lot Size 4000 Shares
Total Issue Size5,932,000 shares
(aggregating up to ₹16.61 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

DP Abhushan IPO Reservation

DP Abhushan IPO Lot Size

The DP Abhushan IPO lot size is 4000 shares.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹112,000
Retail (Max) 1 4000 ₹112,000
Lot Size Calculator

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 Review (Apply)

[Dilip Davda]  Investors may consider investment for medium to long term in D. P. Abhushan NSE SME IPO. The asking price is at a P/E of around 7 against industry average of 45. Thus issue is priced reasonably. Read detail review...

DP Abhushan IPO Subscription Status (Bidding Detail)

The DP Abhushan IPO is subscribed times on Oct 9, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

DP Abhushan IPO Prospectus

DP Abhushan IPO Rating

Rating:Rated 3.9 stars
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DP Abhushan IPO Listing Details

Listing Date Oct 23, 2017
BSE Script Code
ISIN INE266Y01019
Final Issue Price ₹28 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

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

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

DP Abhushan IPO Analysis

DP Abhushan IPO Recommendation Summary

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

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DP Abhushan IPO FAQs

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 is priced at ₹28 per share. The minimum order quantity is 4000 Shares.

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.

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

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

You can apply in DP Abhushan 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The DP Abhushan IPO listing date is on Oct 23, 2017.
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DP Abhushan IPO Message Board

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138. Sujal |   Link |Dec 2, 2017 11:11:03 AM
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 |   Link |Nov 29, 2017 11:46:17 AM (1400+ Posts, 1200+ Likes)
136. Sujal |   Link |Nov 24, 2017 4:42:33 PM
Hold don''t sell good company target 70 short term
135. tabspk |   Link |Nov 22, 2017 10:38:46 AM
Is this a good time to exit for retail investor?
134. manish Bhardwaj |   Link |Nov 13, 2017 6:11:46 PM
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 |   Link |Nov 9, 2017 9:51:07 AM
Dear Admin,

DP Abhushan is showing at loss of 22% on the home page ipo performance summary.
Please get this corrected.
132. Sujal |   Link |Nov 7, 2017 4:10:40 PM
Short term & long term target for dp abhusan please advice
131. pradkumc |   Link |Oct 27, 2017 1:03:25 PM
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 |   Link |Oct 31, 2017 5:57:06 PM
130. Sujal |   Link |Oct 28, 2017 2:38:24 PM
What to do in dp hold or exit bought dp shares @33
129. Praneeth |   Link |Oct 26, 2017 11:26:12 AM
Any idea why d. P abhushan share price is falling ?
128. manish Bhardwaj |   Link |Oct 25, 2017 12:20:03 AM

128.1. Rishi Kapoor |   Link |Oct 25, 2017 9:40:44 AM
That doesn''t mean that they are related.. Names are different, there is no relation!!! There are millions of Katarias!
127. manish Bhardwaj |   Link |Oct 24, 2017 7:02:05 PM
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 |   Link |Oct 25, 2017 12:14:37 AM
How do you know that they are relatives? Please show proof
126. S biswas |   Link |Oct 23, 2017 11:58:33 PM
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 |   Link |Oct 24, 2017 11:34:11 AM
I am using Zerodha.. It support SME segment.
126.2. sraykha |   Link |Oct 24, 2017 11:38:42 PM
Sharekhan supported SME IPO
125. Sumit fatehchandani |   Link |Oct 24, 2017 11:28:32 AM
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 |   Link |Oct 24, 2017 4:17:55 PM
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 |   Link |Oct 24, 2017 2:00:40 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Big work in DP stock showing Strongness good for stock holders
123. manishan |   Link |Oct 23, 2017 11:10:21 AM
Thank god all loose hands are gone..more than 56 percentage are traded already..hoping for minimum 2 more UCs
123.3. Hiro Devrani |   Link |Oct 23, 2017 3:14:21 PM
Ok Manishan .. May God fulfill the same wish for 2 U.C.
123.4. S biswas |   Link |Oct 24, 2017 4:29:49 AM
I did not able to sell DP Abhushan. Please help
122. IPO LEADER |   Link |Oct 23, 2017 11:33:09 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
May see 2nd UC tomorrow
121. IPO LEADER |   Link |Oct 23, 2017 11:24:15 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
-23 -24 gic
69-70 nippon
112-114 MLL
120. manish Bhardwaj |   Link |Oct 23, 2017 7:16:43 PM
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 |   Link |Oct 23, 2017 7:52:43 PM
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 |   Link |Oct 23, 2017 11:07:49 PM
Kindly suggest how to check that Vaibhav Doshi has subscribed from NSE website. Please provide the link if possible.
119. NEMI CHAND AJMERA |   Link |Oct 23, 2017 10:53:18 PM
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.