|
|
Incorporated in 1994, Ducol Organics And Colours Limited offer a range of pigment dispersions for various industries. They offer products like Paints, Ink, Textile, Detergent, Paper, Rubber, and Plastics color solutions. They primarily engage in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants, and master batches.
Having such a broad product display and Pan-India customer base, the company serves a variety of entities and industries including paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents, and FMCG.
For manufacturing, Ducol Organics And Colours has established two well-equipped and operating facilities located in Taloja. The company has a third manufacturing unit at Mahad in process of getting established with trials currently being conducted.
The products of Ducol Organics And Colours are:
The company has obtained ISO 9001: 2015 certification for the first two unit situated in Taluja MIDC. The first unit has a capacity of 3,500 MTPA for Wet Dispersions whereas the second unit has capacity of 2,000 MTPA for Master Batch, and 10,000 MTPA for Dry Dispersions. With the third unit, soon to be started, the company will be able to expand its capacity and deliver its products more efficiently.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 6140.42 | 7372.13 | 7 | 1405.68 | 1105.68 | 2296.91 |
| 31-Mar-21 | 5710.12 | 7885.8 | 281.43 | 1610.63 | 1389.94 | 1656.68 |
| 31-Mar-22 | 6347.51 | 8893.61 | 491.11 | 2089.57 | 1853.14 | 1991.51 |
| 30-Sep-22 | 6055.33 | 4874.8 | 417.22 | 2484.83 | 1490.35 | 1350.01 |
| Amount in ₹ Lakhs | ||||||
The objects of the Net Proceeds of the Issue are:
| IPO Date | Jan 9, 2023 to Jan 11, 2023 |
| Listing Date | Thursday, January 19, 2023 |
| Face Value | ₹10 per share |
| Price | ₹78 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Fresh Issue | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Market Maker | BHH SECURITIES PRIVATE LIMITED |
| Company Promoters | Aamer Ahmed Farid and Hani Ahmed Farid are the promoters of the Company. |
Ducol Organics And Colours IPO opens on Jan 9, 2023, and closes on Jan 11, 2023. The Ducol Organics And Colours IPO bid date is from Jan 9, 2023 10.00 A.M. to Jan 11, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Jan 9, 2023 |
| Closing Date | Jan 11, 2023 |
| Basis of Allotment | Jan 16, 2023 |
| Initiation of Refunds | Jan 17, 2023 |
| Credit of Shares to Demat | Jan 18, 2023 |
| Listing Date | Jan 19, 2023 |
The Ducol Organics And Colours IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| HNI (Min) | 2 | 3,200 | ₹249,600 |
| Pre Issue Share Holding | 79.46% |
| Post Issue Share Holding | 57.38% |
Super earnings reported by the company for the past 30 months raise eyebrows as it is operating in a highly competitive and fragmented segment. The sustainability of such performance holds the key to future prospects. Based on its current financial performance, the issue appears fully priced. Well-informed investors may consider parking funds for the long term. Read detail review...
The Ducol Organics And Colours IPO is subscribed 44.63 times on Jan 11, 2023 7:00:00 PM. The public issue subscribed 31.11 times in the retail category, times in the QIB category, and 58.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 58.15 |
| Retail | 31.11 |
| Total | 44.63 |
| Listing Date | Thursday, January 19, 2023 |
| BSE Script Code | |
| NSE Symbol | DUCOL |
| Listing In | |
| ISIN | INE0LZO01015 |
| IPO Price | ₹78 per share |
| Face Value | ₹10 per share |
|
|
Ducol Organics And Colours Limited
Office No 302, Express Building,
14-E Road, Churchgate,
Mumbai – 400020
Phone: +91 22 4608 2353
Email: ipo@ducol.com
Website: http://www.ducol.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Ducol Organics And Colours IPO is a SME IPO of 4,040,000 equity shares of the face value of ₹10 aggregating up to ₹31.51 Crores. The issue is priced at ₹78 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Jan 9, 2023, and closes on Jan 11, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Ducol Organics And Colours IPO using UPI as a payment gateway. Zerodha customers can apply in Ducol Organics And Colours IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ducol Organics And Colours IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ducol Organics And Colours IPO opens on Jan 9, 2023 and closes on Jan 11, 2023.
Ducol Organics And Colours IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Ducol Organics And Colours 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 Ducol Organics And Colours IPO will be done on Jan 16, 2023, and the allotted shares will be credited to your demat account by Jan 18, 2023. Check the Ducol Organics And Colours IPO allotment status.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
