DK Enterprises Global IPO: is all set to make its debut on 7st Oct 21 with 7.99 Cr is engaged in the manufacturing of Biofuels
DK Enterprises Global IPO – overview
| IPO Dates | 7-12 Oct 2021 |
| IPO Price | INR 40 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,998,000 shares (INR 7.99 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
DK Enterprises Global IPO – Tentative Dates
| IPO Offer Opening Date | 28 Oct 2021 |
| IPO Closing Date | 02 Nov 2021 |
| Finalization of Basis of Allotment | 09 Nov 2021 |
| Initiation of refunds | 10 Nov 2021 |
| Transfer of shares to demat accounts | 11 Nov 2021 |
| IPO Listing Date | 12 Nov 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2019, D.K. Enterprises Global Ltd manufactures paper-based packing material, self-adhesive tapes (Masking, Siliconized, Medical and surface protection tapes), Laminated products, and flexible packaging. It serves many MNCs i.e. Vodafone Idea, Patanjali Ayurvedic Limited, Crompton Greaves Consumer Electrical Limited, Godrej, Phonepey, ITC, Amul, etc.
Its manufacturing facility Unit I is located at Panchkula, Haryana, and Unit II is in Vadodra, Gujarat. The company is planning to establish a new manufacturing unit at Baddi, Himachal Pradesh to manufacture Clear/Printed Bopp Tape, Masking/Specialty tapes, and laminated products.
Industry Overview
Packaging plays a pivotal role in consumers’ experience with respect to the brand and the overall purchasing experience. There are four major functions of packaging—containment, protection, communication and utility—that are intended to maximize sales and profits while reducing losses and wastage; and all of them are critical for enhancing consumer experience. In a traditional brick-and-mortar commerce, packaging was used to create distinction and increase shelf presence through attractive and easy-to-spot colors, shapes and graphics. When damage occurred in a brick-and-mortar store, it was easy for the consumer to keep the damaged product aside and pick an undamaged one placed right next to it.
Loss of product was not necessarily compounded by the loss of sales or customer. In the e-commerce world, however, the effects of a damaged product are very different. A consumer makes a purchasing decision at the click of a button and to contend with a damaged product, after delivery wait time, can lead to a conclusive decision against the online retailer. As per eMarketer, 83% of consumers are unlikely to purchase from an online retailer again after a poor experience. Having realized the impact of their packaging decisions, companies are investing to enhance e-commerce packaging to meet consumer expectations and positively impact their perceptions and purchasing decisions.
Competitive Strengths
- Wide range of products offerings.
- Strong long-term relationship with top customers.
- Robust infrastructure and integrated product manufacturing capabilities.
- ISO 9001:2015 and ISO 45001:2018 certification.
- Experienced promoters and team managers.
Objectives of the issue
- To set up a new manufacturing facility at Baddi, Himachal Pradesh.
- Meet incremental working capital requirements.
- Meet general corporate purposes.
- Meet public issue expenses.
Company Financials
| Particulars | 30-Jun-21 | 31-Mar-21 | 31-Mar-20 |
| Total Assets | 2,806.41 | 2,778.33 | 1,906.05 |
| Total Revenue | 1,912.59 | 6,495.79 | 4,555.03 |
| Profit After Tax | 99.77 | 243.86 | 149.51 |
Company Contact Information
D.K. Enterprises Global Limited
Plot No-235 Industrial Area
Phase-2 Panchkula, Haryana 134109
Phone: 91 172 259 1548
Email: cs@dkenterprises.co.in
Website: http://www.dkenterprises.co.in/
Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
