Dharni Capital, a 2015 incorporation, offers a range of financial services. The company provides a variety of financial services, including technical consulting, outsourcing, real estate brokerage, fixed deposit distribution, and mutual fund distribution.
DHARNI Capital IPO Details
| IPO Dates | 18 – 20 January 2023 |
| IPO Price | INR 20 per share |
| Fresh issue | 53,70,000 shares (INR 10.74 crore) |
| Offer For Sale | Nil |
| Total IPO size | 53,70,000 shares (INR 10.74 crore) |
| Minimum bid (lot size) | 6,000 shares (INR 1,20,000) |
| Face Value | INR 1 per share |
| Retail Allocation | 50% |
| Listing On | BSE,SME |
DHARNI Capital IPO Dates
| IPO Opening Date | 18 January 2023 |
| IPO Closing Date | 20 January 2023 |
| Finalisation of Basis of Allotment | 25 January 2023 |
| Initiation of refunds | 27 January 2023 |
| Transfer of shares to demat accounts | 30 January 2023 |
| IPO Listing Date | 31 January 2023 |
| Opening Price on BSE | Coming soon |
| Closing Price on BSE | Coming soon |
Company Overview
Dharni Capital Services Limited is engaged in providing a variety of financial services. They offer their distinct services to the customers in the form of:
- Mutual Fund Distribution Services
- Fixed Deposit Distribution Services
- Real Estate Brokerage Services
- Technical Consultancy and Outsourcing
As of March 2022, the company had 300+ clients, clients from more than 11 states, and 200 Crore AUM. The business thoroughly collaborates with each client to comprehend their profile, needs, and worries before creating a tailored financial investment strategy. These portfolios provide a wide variety of investment options. With a presence in both online and offline channels, Dharni Capital Services provides a financial services platform for the sale of financial products.
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Investment in a Wholly-owned Subsidiary Company; and
- General corporate purposes.
Company Financials
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.34 | 15.26 | 44.71 |
| PE ratio | 14.93 | 1.31 | 5.46 |
| RONW (%) | (32.60) | 136.74 | 42.60 |
| NAV | (4.11) | 11.16 | 1.51 |
| EBITDA (%) | 23 | 8.57 | 9.17 |
IPO Prospectus
Company Contact Information
DHARNI Capital Services Limited
226, Brigade Metropolis Arcade,
Whitefield Main Road, Garudacharpalya,
Bangalore – 560048
Phone: +91 9945164270
Email: info@dharnigroup.com
Website: http://www.dharnicapital.com/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager(s)
- Srujan Alpha Capital Advisors LLP (Past IPO Performance)
