₹15.01 Crores | Listing at BSE | Thu, Nov 13, 2025 - Fri, Nov 21, 2025

Darshan Orna Ltd Rights Issue comprises 5.00 Cr equity shares aggregating to ₹15.01 Cr, offered at an issue price of ₹3 per share with a face value of ₹2 per share.
The record date for determining eligible shareholder is Oct 31, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 1.
The term of payment is defined as following : Full amount of the Issue Price i.e. ₹ 3/ will be payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 24, 2025.
The Rights Issue opens on Nov 13, 2025, and closes on Nov 21, 2025, with renunciation of Rights Entitlements permitted up to Nov 17, 2025.
The deemed date of allotment is Nov 24, 2025, following which the equity shares are expected to be credited to demat accounts on Nov 25, 2025 and listed at the BSE on Nov 25, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Darshan Orna Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Oct 31, 2025
Entitlement Ratio
1 : 1
Open Date
Thu, Nov 13, 2025
Close Date
Fri, Nov 21, 2025
Full amount of the Issue Price i.e. ₹ 3/ will be payable on application.
Darshan Orna Ltd's revenue increased by 826% and profit after tax (PAT) dropped by 83% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 27.12 | 24.59 |
| Total Income | 22.50 | 2.43 |
| Profit After Tax | 0.47 | 2.67 |
| Amount in ₹ Crore | ||
Founded in 2011, Darshan Orna Limited is a Small and Medium Enterprise (SME) that manufactures and sells gold and silver jewelry and ornaments. The company deals in traditional, modern, and Indo-Western jewelry and ornaments. They also sell gold and silver jewelry with or without precious and semi-precious stones. The products include Chain, ring, earring, ear-chain, anklet, toe ring, bangle, necklace, and bracelet.
The Company intends to utilize the proceeds of the Issue, after deducting Issue related expenses (“Net Proceeds”) towards the following objects:
[Dilip Davda] DOL is engaged in wholesaling jewellery and ornaments. It marked minuscule financial data with inconsistency for reported periods. Largely it is having a trading business in jewellery and ornaments. Based on its recent financial data, the RI is aggressively priced. Doubled paid up equity post-RI may pose its servicing issue going forward. There is no harm in skipping this risky bet at an aggressive value. Read detail review...
Darshan Orna Rights Issue 2025 got oversubscribed by 1.05 times by the end of the bidding period with total bid quantity received by BSE of 5,27,53,014 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Nov 21 2025 17:00:00 | 5,27,53,014 | 1.05x |
Darshan Orna Ltd
Survey No. 02105+2106/3/Lawar Ni Pole
Shekh Sariya Chambers, Madan Gopal Haveli Road,
Manek Chowk,
Ahmedabad, Gujarat, 380001
The Darshan Orna Rights Issue 2025 opens on Thu, Nov 13, 2025, and closes on Fri, Nov 21, 2025.
Darshan Orna Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Wed, Nov 12, 2025 |
| Last Date for renunciation of Rights Entitlements | Mon, Nov 17, 2025 |
| Issue Opening Date | Thu, Nov 13, 2025 |
| Issue Closing Date | Fri, Nov 21, 2025 |
| Date of Allotment (on or about) | Mon, Nov 24, 2025 |
| Date of Credit (on or about) | Tue, Nov 25, 2025 |
| Date of Listing (on or about) | Tue, Nov 25, 2025 |
You can apply for Darshan Orna Rights Issue 2025 in two ways:
Steps to apply for Darshan Orna Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Darshan Orna Rights Issue 2025 using Registrar's website (R-WAP)