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Gayatri Rubbers IPO: GMP, Dates, Price, Size

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Gayatri Rubbers IPO: GMP, Dates, Price, Size

Gayatri Rubbers and Chemicals is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.These rubber products are then supplied to dealers including Banco, Nalco, and Jindal in the aluminum sector and the agents of Motherson Sumi in addition to state transport in the automobile sector. 

Gayatri Rubbers IPO Details 

IPO Dates 25 – 30 January 2023 
IPO Price INR 30 per share 
Fresh issue 15,28,000 shares (INR 4.58 crore) 
Offer For Sale Nil 
Total IPO size 15,28,000 shares (INR 4.58 crore) 
Minimum bid (lot size) 4,000 shares (INR 1,20,000) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On NSE,SME 
Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

Gayatri Rubbers IPO Dates 

IPO Opening Date 25 January 2023 
IPO Closing Date 30 January 2023 
Finalisation of Basis of Allotment 2 February 2023 
Initiation of refunds 3 February 2023 
Transfer of shares to demat accounts 6 February 2023 
IPO Listing Date 7 February 2023 
Opening Price on BSE SME Coming soon 
Closing Price on BSE SME Coming soon 

Company Overview 

Gayatri Rubbers and Chemicals Limited, which was only formally founded in 2022, specialises in the production and trade of rubber profiles, aluminium rubber profiles, vehicle rubber profiles, rubber compounds, different types of rubber components, and transparent PVC profiles. The dealers Banco, Nalco, and Jindal in the aluminium industry, as well as Motherson Sumi’s representatives and state transport, are then given access to these rubber products. Numerous producers and original equipment manufacturers of rubber items employ the rubber compounds. 

Gayatri Rubbers and Chemicals, in general, produces: 

Elastic profiles 

Rubber substances 

Rubber for auto glass 

Rubber sponge for heavy industries 

The company is growing under the leadership of Mr. Manoj Kumar Aggarwal, the promoter, who has over 20 years of expertise in the sector. Gayatri Rubbers conducts its production operations out of a building with a total floor space of three and a half thousand square feet (square feet), each. 

Company Financial Performance 

  FY 2020 FY 2021 FY 2022 9M FY 2023 
Revenue 656.91 1,563.08 1,673.73 1,664.84 
Expenses 647.90 1,544.87 1,569.76 1,593.53 
Net income 6.76 14.53 81.01 54.81 

 
Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objects:  

  1. To meet the working capital requirements of the Company; 
  1. General Corporate Purpose; and 
  1. To meet the Issue Expenses 

Company Contact Information

Gayatri Rubbers and Chemicals Limited
Plot No. 11, Gali No. 3,
Opp. Beri Ka Bagh, Malerna Road Ballabhgarh,
Faridabad – 121004
Phone: +91 9766935377
Email: sales@gayatrirubberchemicals.com
Website: https://gayatrirubberchemicals.com/

Gayatri Rubbers and Chemicals IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/

Gayatri Rubbers and Chemicals IPO Lead Manager(s)

  1. Khambatta Securities Limited (Past IPO Performance)

Transvoy Logistics IPO: GMP, Price, Size, Dates

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Transvoy Logistics IPO: GMP, Price, Size, Dates

Transvoy Logistics India Limited, a 2015 incorporation, provides comprehensive logistics solutions. The business provides NVOCC, freight forwarding, customs clearance, transportation handling, and advice on the trading of MEIS licences, among other services. 

Transvoy Logistics IPO Details 

IPO Dates 20 – 24 January 2023 
IPO Price INR 71 per share 
Fresh issue 7,20,000 shares (INR 5.11 crore) 
Offer For Sale Nil 
Total IPO size 7,20,000 shares (INR 5.11 crore) 
Minimum bid (lot size) 1,600 shares (INR 113,600) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On BSE SME 
Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

Transvoy Logistics IPO Dates 

IPO Opening Date 20 January 2023 
IPO Closing Date 24 January 2023 
Finalisation of Basis of Allotment 30 January 2023 
Initiation of refunds 31 January 2023 
Transfer of shares to demat accounts 1 February 2023 
IPO Listing Date 2 February 2023 
Opening Price on BSE SME Coming soon 
Closing Price on BSE SME Coming soon 

Company Overview 

Providing integrated logistics solutions is what Transvoy Logistics India does. Its primary areas of expertise are NVOCC, freight forwarding, custom clearance, handling local and international transportation, and advice on trading in MEIS licences. It primarily serves clients in India, China, the Middle East, Sri Lanka, Singapore, and Malaysia as of the date of this prospectus. 

The business is aware that customers have particular shipping-related needs. As a result, it spends a lot of time getting to know each client personally and learning about their unique needs. In keeping with the general trend, the company had already made steps to outsource vendors and business partners, enabling it to offer a variety of services at reasonable prices. 

 The following categories might be used to group the company’s key businesses: 

Forwarding Freight Customs Clearance 

Services for Allied Logistics and Transportation 

Company Financial Performance 

  FY 2020 FY 2021 FY 2022 Up to 25 Nov 2022 
Revenue 42.67 62.21 502.99 1,047.95 
Expenses 41.68 60.76 424.25 1,001.56 
Net income 1.33 1.18 56.69 34.48 

Objects of the Issue 

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 

  1. To Meet Working Capital Requirements 
  1. Investment in Subsidiary for Purchase of Containers 
  1. General Corporate Purpose 
  1. To meet Public Issue Expenses 

Transvoy Logistics India IPO Prospectus

Company Contact Information

Transvoy Logistics India Limited
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway,
Ahmedabad -380015
Phone: 079 – 29705456
Email: info@transvoy.com
Website: http://www.transvoy.com/

Transvoy Logistics India IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: translogic.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Transvoy Logistics India IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd (Past IPO Performance)

Marksans Pharma Buyback Details 2023

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Marksans Pharma Buyback Details 2023

Marksans Pharma Ltd. specialises in the development, production, and marketing of pharmaceutical formulations for final dosages. The business uses best practises, automated manufacturing and packing processes, and the most recent technologies to guarantee the greatest quality healthcare. 

To produce non-sterile liquids, ointments, and powder products, and has manufacturing and R&D facilities in Goa, India, and Southport, the UK. The business is present throughout the USA, Europe, South East Asia, Africa, Russia and the Commonwealth of Independent States, Latin America, and Australia. 

Marksans Pharma Buyback Detail 

Issue Period Jul 15, 2022 – Jan 14, 2023 
Security Name Marksans Pharma Ltd 
Issue Type Open Market Through Stock Exchange 
Issue Size (Amount) ₹60.00 Crores 
Buyback Price ₹60 per share 
Face Value ₹1 per share 
Listing At BSE, NSE 
IEX Buyback 2023 Details

Company Financials 

Summary of financial Information (Consolidated) 

Particulars For the year/period ended (Rs. in Lakhs) 
  31-Mar-22 31-Mar-21 31-Mar-20 
Total Income 1,53,269.20 1,38,287.61 1,13,453.67 
Profit After Tax 18,681.40 23,853.88 12,075.27 
Net Worth 1,04,216.44 86,972.58 61,990.88 
Reserves and Surplus 99,623.30 82,379.44 57,397.74 

Necessity of the Issue 

The buyback is being undertaken for the following reasons: 

1. The Buyback will help the Company to return surplus cash to its shareholders. 

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders’ value. 

Marksans Pharma Buyback Documents

Company Contact Information

Marksans Pharma Ltd
11th Floor,
Veera Desai Extension Road,
Oshiwara, Andheri (W), Mumbai – 400 053

Phone: +91 224001 2000
Email: info@marksanspharma.com
Website: http://marksanspharma.com/index.html

Marksans Pharma Buyback Registrar

  1. Bigshare Services Pvt Ltd
       1st Floor, Bharat Tin Works Building,
       Opp. Vasant Oasis,Makwana Road,
       Marol, Andheri(E), Mumbai – 400 059

    Phone: +91-22-6263 8200
    Email: investor@bigshareonline.com
    Website: http://www.bigshareonline.com

Marksans Pharma Buyback Manager

Lead Manager(s)

  1. Sundae Capital Advisors

Triveni Turbine Buyback Details 2023

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Triveni Turbine Buyback Details 2023

Triveni Turbine Limited (TTL ) is a dominant Industrial Steam Turbine manufacturer with a global footprint spanning over 75 countries. TTL offers robust back-pressure and condensing steam turbines that work across a wide range of pressure and flow applications. With a dedicated team of highly skilled and experienced engineers, TTL offers a wide suite of integrated solutions like erection & commissioning, spare parts, operations & maintenance and refurbishing, among others. 

With a commanding 60% market share, the Company dominates the Indian market. Additionally, it provides extensive aftermarket services that cover the whole lifecycle of a turbine. TTL uses turbines with a higher capacity range, up to 100 MW. 

With more than 5000 turbine installations throughout more than 75 countries, the company is quickly expanding its worldwide reach to more nations and regions. Modern manufacturing facilities are run by TTL in Bengaluru, India. Complete manufacturing, assembly, testing, and refurbishing services can be offered at the location. More than 5000 stream turbine units have been deployed by the company. 

Triveni Turbine Buyback Detail 

Issue Period Jan 17, 2023 – Jan 31, 2023 
Security Name Triveni Turbine Limited 
Issue Type Tender Offer 
Issue Size (Shares) 5,428,571.00 
Issue Size (Amount) ₹190.00 Crores 
Buyback Price ₹350 per share 
Face Value ₹1 per share 
Listing At BSE,NSE 
IEX Buyback 2023 Details

Triveni Turbine Buyback Issue Timetable 

Last Date to buy shares Dec 21, 2022 
Record Date Dec 23, 2022 
Offer Opens On Jan 17, 2023 
Last Date for receipt of Tender Forms Jan 31, 2023 
Offer Closes On Jan 31, 2023 
Finalisation of Buyback Acceptance Feb 8, 2023 
Last Date for settlment of bids Feb 9, 2023 
Last Date for Extinguishment of Shares Feb 16, 2023 

Buyback Ratio 

Category Entitlement Ratio of Buyback 
Reserved Category for Small Shareholders 8 Equity Shares out of every 51 Equity Shares held on the Record Date. 
General Category for all other Eligible Shareholders 1 Equity Share out of every 69 Fully paid-up Equity Shares held on the Record Date. 

Company Financials 

Triveni Turbine Limited Financial Information (Restated) 

Period Ended Total Assets Total Revenue Profit After Tax Total Borrowing 
31-Mar-21 941.85 721.68 102.46 98.69 
31-Mar-22 1334.82 881.72 270.2 128.2 
 

Necessity of the Issue 

The Buyback is being undertaken, inter-alia, for the following reasons: 

Taking into account the operational and strategic cash requirements of the Company in the medium term (including investment in growth plans and associated capital expenditure), the Company’s dividend pay-out trend and cash reserves, the Company considers appropriate to return surplus funds to the shareholders in an effective and efficient manner. 

The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares and will promote capital efficiency and thereby increasing shareholders’ value and improving return on equity to the management of the Company’s business during that year and to the amount and character of the financial resources which will, in the Board’s view. 

Triveni Turbine Buyback Documents

Company Contact Information

Triveni Turbine Limited
A-44, Hosiery Complex,
Phase-II Extn., Noida
201305

Phone: 91 120 4308000
Email: shares.ttl@trivenigroup.com
Website: https://www.triveniturbines.com/

Triveni Turbine Buyback Registrar

  1. KFin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India – 500 032.

    Phone: 04067162222, 04079611000
    Email: ttl.buyback@kfintech.com
    Website: https://karisma.kfintech.com/

Triveni Turbine Buyback Manager

Lead Manager(s)

  1. Ambit Private Limited

Indowind Energy Rights Issue 2023 Details

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Indowind Energy Rights Issue 2023 Details

Indowind Energy is an Independent Power Producer and operates in the renewable energy field generating. It has dedicated Wind farms where it also offers allied services in the Wind Energy sector. The business provides services to numerous Power Industry stakeholders. Green Power Sale, Project Management Services, Asset Management Services, and Value Addition Services are just a few of the services offered. Due to DISCOMs failing to extend the Wheeling and Banking Agreement in accordance with the KREDL decision, the company experienced a decline in income in Karnataka from FY 2020 to FY 2021. As a result, the generation was put on hold and did not materialise. 

Oracle, Tata Teleservices, Coca-Cola, HDFC Bank, Hindustan Unilever, Titan, Wheels India Ltd., KPTCL (Government of Karnataka), and others are among the company’s clients. In order to settle and conclude current loans, complete the planned acquisition, and complete the remaining 12 MW Wind Mill project, Indowind Energy aims to raise a loan of INR 100 crores. Additionally, it plans to close the IREDA loan and acquire 3 MW of wind mill assets for INR 45 crores. 

Indowind Energy Rights Issue Detail 

Issue Open Jan 27, 2023 – Feb 10, 2023 
Security Name Indowind Energy Limited 
Issue Size (Shares) 35,896,594 
Issue Size (Amount) ₹43.08 Crores 
Issue Price ₹12 per share 
Face Value ₹10 per share 
Listing At BSE, NSE 
Terms of Payment The entire amount is payable on the Application. 
Entitlement 2 Equity Shares for every 5 Equity shares held on the Record Date 
Heritage Foods Rights Issue 2023 Details

Indowind Energy Rights Issue Timetable 

Record Date Jan 13, 2023 
Credit of Rights Entitlements Jan 20, 2023 
Bid/Offer Opens On Jan 27, 2023 
Renunciation of Rights Entitlements Feb 6, 2023 
Bid/Offer Closes On Feb 10, 2023 
Deemed Date of Allotment Feb 20, 2023 
Credit Date Feb 24, 2023 
Listing Date Feb 28, 2023 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax 
31-Mar-21 291.51 20.67 0.22 
31-Mar-22 287.8 27 0.13 
Amount in ₹ Crore 

Objects of the Issue: 

Repayment of secured loan obtained by the Company from EXIM Bank of India under the negotiated terms. 

Indowind Energy Rights Issue 2022 Documents

Company Contact Information

Indowind Energy Limited
Kothari Buildings 4th Floor,
114, M.G. Road, Nungambakkam,
Chennai-600034

Phone: +91 44 28331956/57/58
Email: contact@indowind.com
Website: https://www.indowind.com/index.htm

Indowind Energy Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Indowind Energy Rights Issue 2022 Lead Manager(s)

AKG EXIM Rights Issue 2023 Details

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AKG EXIM Rights Issue 2023 Details

AKG Exim Ltd is an international commodity-trading house with trade operations in India and Asia. It is a leading distributor, indenter and intermediary for metal scrap, mineral and chemicals products for Indian and global markets.The company connects the seller and the markets, while ensuring lasting prosperity and sustainable supply at both ends. The company is catering to a large number of customers around the globe with concentration on Indian and overseas subcontinent. 

The company is networked across the global continents and countries to span our growth of trading business in a diversified product portfolio classified primarily in the following categories: 

Ferrous : 

  • Heavy Melting Steel Scrap As per ISRI , (HMS 1 & 2) 
  • Light Melting Scrap (Bundles , Lose ) 
  • Cast Iron , Auto Purja 

Non-Ferrous: 

  • Aluminum Scrap 
  • Lead Battery Scrap 

AKG EXIM Rights Issue Detail 

Issue Open Dec 29, 2022 – Jan 25, 2023 
Security Name AKG EXIM Limited 
Issue Size (Shares) 21,184,384 
Issue Size (Amount) ₹25.42 Crores 
Issue Price ₹12 per share 
Face Value ₹10 per share 
Listing At NSE 
Terms of Payment The full payment of Rs. 12/- per Rights Equity Share payable on application. 
Entitlement 2 Equity Shares for every 1 Equity shares held on the Record Date 
Heritage Foods Rights Issue 2023 Details

AKG EXIM Rights Issue Timetable 

Record Date Dec 16, 2022 
Credit of Rights Entitlements  
Bid/Offer Opens On Dec 29, 2022 
Renunciation of Rights Entitlements Jan 19, 2023 
Bid/Offer Closes On Jan 25, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Total Borrowing 
31-Mar-21 35.6 104.58 1.36 9.21 
31-Mar-22 44.99 186.8 1.94 12 
Amount in ₹ Crore 

Rights Issue 2022 Documents 

Company Contact Information

AKG EXIM Limited
H.B. Twin Tower, 07th
Floor, Max Hospital Building,
Netaji Subhash Place, Pitampura, Delhi-110034

Phone: +91-124-4267873
Email: info@akg-global.com
Website: https://www.akg-global.com/

Rights Issue 2022 Registrar

AKG EXIM Rights Issue 2022 Lead Manager(s)

Shukra Pharmaceuticals Rights Issue 2023 Detail

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<strong>Shukra Pharmaceuticals Rights Issue 2023 Detail</strong>

 
Shukra Pharmaceuticals Limited is engaged in the field of Pharmaceuticals. They began their business activities with a fully integrated plant in Kalol, Gandhinagar, Gujarat’s Rakanpor. The business has expanded significantly and reached incredible heights in terms of operations even before it was founded. Today, each product is produced in Ahmedabad at a laboratory that has received international accreditation.

Company undertake operations including- 

  1. Contract Manufacturing 
  1. Loan License 
  1. Domestic and International Operations 

Shukra Pharmaceuticals Rights Issue 2023 Detail 

Issue Open Feb 15, 2023 – Feb 28, 2023 
Security Name Shukra Pharmaceuticals Limited 
Issue Size (Shares) 9,394,050 
Issue Size (Amount) ₹18.79 Crores 
Issue Price ₹20 per share 
Face Value ₹10 per share 
Listing At BSE 
Terms of Payment Rs. 5 per Rights Equity Share to be paid on Application and balance to be paid in three calls as determined. 
Entitlement 6 Equity Shares for every 1 Fully Paid Equity Share held 
Heritage Foods Rights Issue 2023 Details

Shukra Pharmaceuticals Rights Issue Timetable 

Record Date Feb 2, 2023 
Credit of Rights Entitlements  
Bid/Offer Opens On Feb 15, 2023 
Renunciation of Rights Entitlements  
Bid/Offer Closes On Feb 28, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Shukra Pharmaceuticals Financials

Period Ended Total Assets Total Revenue Profit After Tax 
31-Mar-21 35.61 11.55 0.19 
31-Mar-22 35.11 20.57 0.75 
Amount in ₹ Crore 

Rights Issue 2023 Documents 

Company Contact Information

Shukra Pharmaceuticals Limited
Veer House, 3rd Floor, Judges Bungalow Road,
Opp. WIAA Motor Training School,
Bodakdev, Ahmedabad- 380054

Phone: +91 79 48901030
Email: info@shukrapharmaceuticals.com
Website: http://www.shukrapharmaceuticals.com/#

Rights Issue 2023 Registrar

Rights Issue 2023 Lead Manager(s)

Heritage Foods Rights Issue 2023 Details

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Heritage Foods Limited was established in 1992, and it processes and sells dairy products. Dairy and Renewable Energy are the two business divisions of the organisation. Currently, Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh are among the states that sell Heritage’s milk and milk-related products like curd and etc. 

The company’s product portfolio includes Milk, Curd, Buttermilk, Ice-cream, Frozen Desserts, Lassi and flavoured milk. The annual turnover of Heritage Foods stood at INR 24,070 million in the financial year 2020-21.

The corporation has posted the rights issue record date as Announced Soon. The company Heritage Foods Rights Offering Price of this issue has been declared at 5 per share as per the face value of 5. The company will offer 4,63,98,000 Shares through this rights issue and with this issue, the company will raise 23.20 Crores.

Heritage Foods Rights Issue Details 

Issue Open Jan 30, 2023 – Feb 13, 2023 
Security Name Heritage Foods Limited 
Issue Size (Shares) 46,398,000 
Issue Size (Amount) ₹23.20 Crores 
Issue Price ₹5 per share 
Face Value ₹5 per share 
Listing At BSE, NSE 
Terms of Payment  
Entitlement 1 Equity Shares for every 1 Equity Shares held on the Record Date 
Quint Digital Rights Issue 2023 Details

Heritage Foods Rights Issue Timetable 

Record Date Jan 20, 2023 
Credit of Rights Entitlements  
Bid/Offer Opens On Jan 30, 2023 
Renunciation of Rights Entitlements Feb 8, 2023 
Bid/Offer Closes On Feb 13, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-22 902.58 2692.55 96.09 657.55 
Amount in ₹ Crore 

Rights Issue Documents

Company Contact Information

Heritage Foods Limited
Regd. Off: # 6-3-541/C, Panjagutta
Hyderabad
500 082

Phone: +91-40-23391221
Email: hfl@heritagefoods.in
Website: http://www.heritagefoods.in/

Rights Issue Registrar

Rights Issue Lead Manager(s)

  1. Chartered Finance Management Ltd

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

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

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
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)

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

Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

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Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

Aristo Bio-Tech is engaged in the manufacturing, formulation, supplying, packaging and job work services in various pesticides such as insecticides, herbicides, fungicides, plant growth regulators and a wide variety of other agrochemicals for India as well as for export. Currently, the company has 182 products registered with CIB&RC for manufacturing and sales. 

Aristo Bio-Tech IPO Details 

IPO Dates 16 – 19 January 2023 
IPO Price INR 72 per share 
Fresh issue 18,12,800 shares (INR 13.05 crore) 
Offer For Sale Nil 
Total IPO size 18,12,800 shares (INR 13.05 crore) 
Minimum bid (lot size) 1,600 shares (INR 115,200) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Aristo Bio-Tech IPO Dates  

IPO Offer Opening Date 16 January 2023 
IPO Closing Date 19 January 2023 
Finalisation of Basis of Allotment 24 January 2023 
Initiation of refunds 25 January 2023 
Transfer of shares to demat accounts 26 January 2023 
IPO Listing Date 27 January 2023 
Opening Price on NSE SME Coming soon 
Closing Price on NSE SME Coming soon 

Company Overview 

The 2005 incorporation of the agrochemical business Aristo Bio-Tech and Lifescience Limited. They mostly work with the production, formulation, distribution, packaging, and job labour of different pesticides. In addition to delivering their goods to India, they also export products including insecticides, herbicides, fungicides, plant growth regulators, and a wide range of other agrochemicals. 

The industry Aristo Bio-Tech and Lifescience is engaged in, is a wide canvas full of possibilities where the entities deal in the production and distribution of pesticides and fertilizers. All these entities contribute towards enhancing crop yields and their quality. 

Aristo Bio-Tech and Lifescience are delivering their products in over 20 states of India. Also, the offerings are extended to over 15 countries, including Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, UAE, Ukraine, and Vietnam. 

The company is ISO 9001: 2015 certified for their Quality Management System. Following are the products of Aristo: 

  • Herbicides/Weedicides 
  • Fungicides 
  • Plant Growth Regulator 
  • Insecticides 

Objects of the Issue 

The Net Proceeds from the Fresh Issue will be utilized towards the following objects: 

  1. To Meet Working Capital Requirement 
  1. General Corporate Purpose 
  1. To Meet the Issue Expenses 

Company Financials

 FY 2020 FY 2021 FY 2022 
EPS 2.02 2.15 2.93 
PE ratio – – 24.57 
RONW (%) 8.19 8.04 10.00 
NAV 24.63 26.79 29.71 

IPO Offer Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone : +91-79-48405357, 48406357
Email: mb@beelinemb.com
Website: www.beelinemb.com

IPO Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91-022-49186200
Email: aristobio.ipo@linkintime.co.in
Website: www.linkintime.co.in

Aristo Bio-Tech Contact Details

ARISTO BIO-TECH AND LIFESCIENCE LIMITED
E-24,25,26, G.I.D.C. Manjusar, Ta. Savli,
Vadodara – 391775, Gujarat, India
Phone: +91-2667-264843
E-mail: cs@aristobiotech.com
Website: www.aristobiotech.com

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