₹11.75 Crores | Listing at NSE | Tue, Mar 10, 2026 - Wed, Mar 18, 2026
Dhariwalcorp Limited Rights Issue comprises 4.70 Cr equity shares aggregating to ₹11.75 Cr, offered at an issue price of ₹2.5 per share with a face value of ₹2 per share.
The record date for determining eligible shareholder is Feb 27, 2026, with the Rights Issue being offered in the entitlement ratio of 1 : 1.
The term of payment is defined as following : The full amount is payable on the application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 20, 2026.
The Rights Issue opens on Mar 10, 2026, and closes on Mar 18, 2026, with renunciation of Rights Entitlements permitted up to Mar 13, 2026.
The deemed date of allotment is Mar 20, 2026, following which the equity shares are expected to be credited to demat accounts on Mar 23, 2026 and listed at the NSE on Mar 23, 2026.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Dhariwalcorp Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Feb 27, 2026
Entitlement Ratio
1 : 1
Open Date
Tue, Mar 10, 2026
Close Date
Wed, Mar 18, 2026
The full amount is payable on the application.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 67.64 | 21.31 |
| Total Income | 236.47 | 231.11 |
| Profit After Tax | 4.51 | 3.56 |
| Amount in ₹ Crore | ||
Incorporated in 2020, Dhariwalcorp Limited trades in a wide range of waxes, industrial chemicals, and petroleum jelly.
The company processes, purchases, sells, imports, and trades various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi-Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, montan wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, and Soya Wax.
The company also deals in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.
"Dhariwalcorp serves industries such as Plywood and Board, Paper Coating, Crayon Manufacturing, Candle Production, Textiles, Pharmaceuticals, Petroleum Jelly & Cosmetics, Tube & Tire Manufacturing, Match Production, Food Processing, and Adhesive Manufacturing. The company plays a significant role in the supply chain of these sectors, ensuring quality products and timely delivery."
The company operates one processing unit and has warehouses in Jodhpur, Rajasthan, Bhiwandi, Maharashtra, Ahmedabad, Gujarat, and Mundra, Dist. Kachchh, Gujarat.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land Acquisition | 4.55 |
| 2 | Infrastructure Development for Agro-Processing Cluster | 5.92 |
| 3 | General corporate purposes | 0.78 |
| Total | 11.25 |
[Dilip Davda] DL is engaged in the business of manufacturing, processing supplying and trading in many segments like waxes, industrial chemicals, rubber process oil, logistics, trading in agro products etc. Though it posted growth in its top lines, its bottom line marked inconsistency. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively price, though it is at a lucrative discount of around 94+% based on last traded price. Well-informed investors may park funds for medium term. Read detail review...
Dhariwalcorp Rights Issue 2026 got oversubscribed by 2.38 times by the end of the bidding period with total bid quantity received by NSE of 11,20,44,000 shares. Check Day by Day Subscription Details (Live Status)
| Date | NSE Bid Quantity | Subscription Times |
|---|---|---|
Mar 18 2026 17:00:03 | 11,20,44,000 | 2.38x |
Dhariwalcorp Limited
36, Narayan Nagar,
Shobhawaton ki dhani
Pal Link Road
Jodhpur, 342001
The Dhariwalcorp Rights Issue 2026 opens on Tue, Mar 10, 2026, and closes on Wed, Mar 18, 2026.
Dhariwalcorp Rights Issue 2026 Schedule
| Last Date for credit of Rights Entitlements | Wed, Mar 4, 2026 |
| Last Date for renunciation of Rights Entitlements | Fri, Mar 13, 2026 |
| Issue Opening Date | Tue, Mar 10, 2026 |
| Issue Closing Date | Wed, Mar 18, 2026 |
| Date of Allotment (on or about) | Fri, Mar 20, 2026 |
| Date of Credit (on or about) | Mon, Mar 23, 2026 |
| Date of Listing (on or about) | Mon, Mar 23, 2026 |
You can apply for Dhariwalcorp Rights Issue 2026 in two ways:
Steps to apply for Dhariwalcorp Rights Issue 2026 using Net Banking (ASBA)
Steps to apply for Dhariwalcorp Rights Issue 2026 using Registrar's website (R-WAP)
