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Ducol Organics And Colours Limited IPO (Ducol Organics And Colours IPO) Detail

January 9, 2023 - January 11, 2023

Ducol Organics And Colours IPO is a fixed price issue of Rs 31.51 crores. The issue is entirely a fresh issue of 40.4 lakh shares.

Ducol Organics And Colours IPO bidding started from January 9, 2023 and ended on January 11, 2023. The allotment for Ducol Organics And Colours IPO was finalized on Monday, January 16, 2023. The shares got listed on NSE SME on January 19, 2023.

Ducol Organics And Colours IPO price is ₹78 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹124,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹249,600.

First Overseas Capital Limited is the book running lead manager of the Ducol Organics And Colours IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Ducol Organics And Colours IPO is Bhh Securities.

Refer to Ducol Organics And Colours IPO RHP for detailed information.

Ducol Organics And Colours IPO Details

IPO Date January 9, 2023 to January 11, 2023
Listing Date January 19, 2023
Face Value ₹10 per share
Price ₹78 per share
Lot Size 1600 Shares
Total Issue Size4,040,000 shares
(aggregating up to ₹31.51 Cr)
Fresh Issue4,040,000 shares
(aggregating up to ₹31.51 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion401,600 shares
Bhh Securities

Ducol Organics And Colours IPO Reservation

Ducol Organics And Colours IPO offers 4,040,000 shares. 1,819,200 (45.03%) to NII, 1,819,200 (45.03%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered401,600 (9.94%)
Other Shares Offered1,819,200 (45.03%)
Retail Shares Offered1,819,200 (45.03%)
Total Shares Offered4,040,000 (100%)

Ducol Organics And Colours IPO Timeline (Tentative Schedule)

Ducol Organics And Colours IPO opens on January 9, 2023, and closes on January 11, 2023.

IPO Open Date Monday, January 9, 2023
IPO Close Date Wednesday, January 11, 2023
Basis of Allotment Monday, January 16, 2023
Initiation of Refunds Tuesday, January 17, 2023
Credit of Shares to Demat Wednesday, January 18, 2023
Listing Date Thursday, January 19, 2023
Cut-off time for UPI mandate confirmation 5 PM on January 11, 2023

Ducol Organics And Colours IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹124,800
Retail (Max) 1 1600 ₹124,800
HNI (Min) 2 3,200 ₹249,600
Lot Size Calculator

Ducol Organics And Colours IPO Promoter Holding

Aamer Ahmed Farid and Hani Ahmed Farid are the promoters of the Company.

Share Holding Pre Issue 79.46%
Share Holding Post Issue 57.38%

About Ducol Organics And Colours Limited

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:

  1. Dutint - water based dispersions for decorative paints
  2. Duplast - MB for plastic industry
  3. Duprint - water based dispersion for printing ink formulations
  4. Dutex - pigment pastes for textile printing industry
  5. Dusperse - for soap and detergent industry
  6. Dupralin - for paper industry
  7. Dupren - used in rubber industry
  8. Ducem - Dry dispersions various general applications

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.

Company Financials

Ducol Organics And Colours Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-206140.427372.1371405.681105.682296.91
31-Mar-215710.127885.8281.431610.631389.941656.68
31-Mar-226347.518893.61491.112089.571853.141991.51
30-Sep-226055.334874.8417.222484.831490.351350.01
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Ducol Organics And Colours IPO is Rs 113.41 Cr.

Pre IPO Post IPO
P/E (x) 13.59

Objects of the Issue (Ducol Organics And Colours IPO Objectives)

The objects of the Net Proceeds of the Issue are:

  1. Funding working capital requirements of our Company;
  2. General corporate purposes.

Ducol Organics And Colours IPO Review (May apply)

[Dilip Davda]  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...


Ducol Organics And Colours IPO Subscription Status (Bidding Detail)

The Ducol Organics And Colours IPO is subscribed 44.63 times on January 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)

CategorySubscription (times)
Other58.15
Retail31.11
Total44.63

Ducol Organics And Colours IPO Prospectus

Ducol Organics And Colours IPO Rating

370
4.1
Rating:Rated 4.1 stars
Vote Here ...

Ducol Organics And Colours IPO Listing Details

Listing Date January 19, 2023
BSE Script Code
NSE Symbol DUCOL
ISIN INE0LZO01015
Final Issue Price ₹78 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹78.00
₹111.95
₹106.35
₹117.50
₹117.50

Check IPO Performance…

Ducol Organics And Colours Limited Contact Details

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/

Ducol Organics And Colours IPO Registrar

Bigshare Services Pvt Ltd

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

Ducol Organics And Colours IPO - Buy or Not

Ducol Organics And Colours IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 2 1 1

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Ducol Organics And Colours IPO FAQs

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 January 9, 2023, and closes on January 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Ducol Organics And Colours 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 Ducol Organics And Colours IPO opens on January 9, 2023 and closes on January 11, 2023.

Ducol Organics And Colours IPO lot size is 1600 Shares, and the minimum amount required is ₹124,800.

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 Monday, January 16, 2023, and the allotted shares will be credited to your demat account by Wednesday, January 18, 2023. Check the Ducol Organics And Colours IPO allotment status.

The Ducol Organics And Colours IPO listing date is on January 19, 2023.
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Ducol Organics And Colours IPO Message Board

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805 Comments

286. Noorul |   Link |  Bookmark |January 23, 2023 11:33:39 AM
Bought 1 lot today.. looking good bet for long term.
286.2. Imhilli |   Link |  Bookmark |January 23, 2023 3:20:42 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Congratulations Noorul 🎊
286.3. Imhilli |   Link |  Bookmark |January 25, 2023 10:22:22 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Some good movement towards the end of the day today. Looks like the trend will reverse in a day or two.
285. Imhilli |   Link |  Bookmark |January 21, 2023 10:52:53 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Monday there will be good exchange of shares. If it's able to keep the UC, definitely it will be a multi bagger. Stay fingers crossed 🤞
285.3. Nativa |   Link |  Bookmark |January 31, 2023 9:19:00 AM
Not touched LC.. putting order at LC. Ab sell kar do Bhai log desperate hokar.
285.4. Imhilli |   Link |  Bookmark |January 31, 2023 8:09:47 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Finally at UC... When is the change in circuit range ? Tomorrow?
284. Karan HNI |   Link |  Bookmark |January 20, 2023 4:20:11 PM
Hold ! Its a multibagger.
283. Imhilli |   Link |  Bookmark |January 20, 2023 7:57:55 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Dear Experts, what is your view on Ducol as per present status? Is it worthy to hold for long term? Or book profit on short term? Any prediction on near term target?
282. MHI |   Link |  Bookmark |January 19, 2023 6:28:56 PM
Today's bulk deal data. Anant sir present here. I think game is on

Data for DUCOL - from 19-01-2023 to 19-01-2023Download file in csv format
Bulk Deals Historical Data
Data for DUCOL from 19-01-2023 to 19-01-2023
Date      Symbol      Security Name      Client Name      Buy / Sell      Quantity Traded      Trade Price /
Wght. Avg.
Price      Remarks
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      ANANT AGGARWAL      BUY      1,08,800      109.48      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      DHYANAM CAPITAL      BUY      1,60,000      106.35      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      JAYKETANSHAH      BUY      1,18,400      114.41      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      KROMA INDUSTRIES      BUY      3,56,800      111.70      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED      BUY      1,28,000      106.42      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      NERGIS GAURAV PARIKH      BUY      86,400      111.76      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      VAIDYA SANE AYURVED LABORATORIES LIMITED      BUY      80,000      111.95      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      VINAYAK GOPALKRISHNA KUDVA      BUY      76,800      111.95      -
19-Jan-2023      DUCOL      Ducol Orgs and Colours Lt      VIRTUOUS CAPITAL LIMITED      BUY      89,600      111.85      -
282.10. KAPPO |   Link |  Bookmark |January 23, 2023 3:58:20 PM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
@kapz
It's not by me
Because I can't have call of buy in preopen
It's because of u who took a decision to buy in preopen
282.11. Kapz |   Link |  Bookmark |January 24, 2023 10:16:10 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Sold now, for a quick and decent profit
281. ipopraveen |   Link |  Bookmark |January 19, 2023 7:52:52 PM
fantastic listing today great return to all the investors
280. Vasubhai |   Link |  Bookmark |January 19, 2023 10:28:21 AM (200+ Posts)
Bhai or baheno:

Kal se bol raha tha listing between 115-120.listed nearby 112.
Declaration: sold one lot 106/35 in seller circuit.
280.1. Tejas pandya |   Link |  Bookmark |January 19, 2023 3:03:35 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
V.good prediction
280.2. BuLLz EyE |   Link |  Bookmark |January 19, 2023 4:47:54 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
Khud par hi trust nahi tha
hum kaise karein
279. Noorul |   Link |  Bookmark |January 19, 2023 11:24:31 AM
Ducol proved to be better than Chaman.. easy allotment and high ROC.
279.3. PKRAJ |   Link |  Bookmark |January 19, 2023 1:43:56 PM
Good listing and thereafter LC. Investors who gave sale order on LC traped badly due to immediate UC. This is the beauty/ ugliness of share market. Every day learning day.
"HAR DIN, NAYA DIN, HAR RAAT, NAYI RAAT".
279.4. Kapz |   Link |  Bookmark |January 19, 2023 1:57:56 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
@Noorul, I don’t think there’s anything fishy in that. In BOA it says, all 5 got 1 lot each and the line below it states, 1 of those 5 got an additional lot. You were that lucky person who got those and hence 2 lots.
278. Rohan Bajaj |   Link |  Bookmark |January 19, 2023 10:08:45 AM (300+ Posts)
My bad... modified pre open order at last moment and it went unsold @ 111.95. Now will face LCs for many days...
278.6. Imhilli |   Link |  Bookmark |January 19, 2023 11:22:54 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
More than 60% shares changed hands till now VWAP 110.87. More surprises are there??
278.7. Rohan Bajaj |   Link |  Bookmark |January 19, 2023 1:54:45 PM (300+ Posts)
Got sold at 111.95 after LC was broken. Happy with the profits I have got.

277. Vinny |   Link |  Bookmark |January 19, 2023 12:02:01 PM (200+ Posts)
Sold alloted shares at UC. Doesn't want to take further risk.
276. Jamsait |   Link |  Bookmark |January 19, 2023 11:27:07 AM
@Lokes & Noorul sir,Both are Genius... Their prediction was perfect... Lokes Sir told Ruku Zara ,sabr Karo...Great words. ( Noorul sir Firm on Hold...) Both r Genius...God bless..
276.1. New comer |   Link |  Bookmark |January 19, 2023 11:36:25 AM
Rightly siad
275. arvindarvind |   Link |  Bookmark |January 19, 2023 11:21:42 AM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
See how to loot retailers mall.
Ab khela suru hoga.
274. Advantage |   Link |  Bookmark |January 19, 2023 11:14:29 AM
Dear friends, as you may remember, I had written on board that it will give 50% return on listing day. A few of you had promised to give sweets 😂 however due to panic on the forum, I also sold my allotted 1 lot @106.35 only. Anyway no regrets now. All the best for those who are still holding.
274.1. FARHAN |   Link |  Bookmark |January 19, 2023 11:21:22 AM (200+ Posts)
I also promised to give sweets...
I am happy with listing, No matter where the price will go.
We got what GOD decided for us
Sold at 111.95
273. Trueinfo |   Link |  Bookmark |January 19, 2023 11:05:57 AM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Ducol is on UC now. Sell as much as you want at higher price 117.50. Your decision proved profitable.
272. Thoth |   Link |  Bookmark |January 19, 2023 11:01:47 AM
Bought one lot Ducol, anyone else bought Ducol today.?
272.1. Thoth |   Link |  Bookmark |January 20, 2023 9:54:48 PM
Anyone..
271. SSingh |   Link |  Bookmark |January 19, 2023 10:44:39 AM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
UC… 🤣🤣🤣
Kya ghazab duniya hai SME ki… 🤣
271.1. FARHAN |   Link |  Bookmark |January 19, 2023 10:51:26 AM (200+ Posts)
Sahi pakde
Kuch Mayne nahi rakhta
Just Luck
Nothing else matters
270. R.K. |   Link |  Bookmark |January 19, 2023 10:46:28 AM
Finally Touch Upper Circuit.
269. FARHAN |   Link |  Bookmark |January 19, 2023 9:31:29 AM (200+ Posts)
Placed sell 1600@78
Hope for the best now
100+ I was expy
269.10. Kapz |   Link |  Bookmark |January 19, 2023 10:40:08 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Seems like some accumulation is happening at the LC…quite a few lots changing hands. We may see some extended drama in the other direction today or tomorrow..
269.11. FARHAN |   Link |  Bookmark |January 19, 2023 10:44:31 AM (200+ Posts)
I agree
Upper circuit now
But I am happy
No greed
268. Manan Surana |   Link |  Bookmark |January 19, 2023 10:31:05 AM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
@ssingh @lokes @noorul and to all the respected cc members , can anyone here pls tell me , what site or application to use to watch bulk deals , exact sell and buy orders in real time and accurate market depth , thanks in advance

268.1. lokes |   Link |  Bookmark |January 19, 2023 10:44:13 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
bulk deals usually come in late evening on nse/bse site where share listed....
And sell/buy orders and market depth are seen on broker share terminal mainly, like am using zerodha...
267. Mr.Investor |   Link |  Bookmark |January 19, 2023 10:41:52 AM (200+ Posts)
LC broke in Ducol. Sudden increase in buying. Trading at 115.