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

Jan 9, 2023 - Jan 11, 2023

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

Objects of the Issue

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 Details

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 Size4,040,000 shares of ₹10
(aggregating up to ₹31.51 Cr)
Fresh Issue4,040,000 shares of ₹10
(aggregating up to ₹31.51 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerBHH SECURITIES PRIVATE LIMITED
Company Promoters

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

Ducol Organics And Colours IPO Tentative Timetable

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

Ducol Organics And Colours IPO Lot Size

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

Ducol Organics And Colours IPO Promoter Holding

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

Ducol Organics And Colours IPO Review

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 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)

CategorySubscription (times)
NII58.15
Retail31.11
Total44.63

Ducol Organics And Colours IPO Prospectus

Ducol Organics And Colours IPO Rating

370
4.1
Rating:Rated 4.1 stars
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Ducol Organics And Colours IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹78.00
₹111.95
₹106.35
₹117.50
₹117.50

Company Contact Information

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: http://www.bigshareonline.com

Ducol Organics And Colours IPO Review

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 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

  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 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.

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