DHARNI Capital IPO: GMP, Price, Issue Size, Dates

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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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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: 

  1. Investment in a Wholly-owned Subsidiary Company; and 
  1. 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
Websitehttp://www.dharnicapital.com/

IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Websitehttps://ipo.cameoindia.com/

IPO Lead Manager(s)

  1. Srujan Alpha Capital Advisors LLP (Past IPO Performance)

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