Posts

Showing posts with the label #DPAbhushan #HemSecurities #SMEIPO #IPO #NSE #AaryanaMatasco

DP Abhushan shares list at 20% premium

Image
The shares of Ratlam based DP Abhushan Limited, engaged in the retail business of various jewelleries and ornaments, listed at a price of Rs 33.60 per equity share, a premium of 20%. The Company IPO, which opened for bidding on NSE Emerge Platform on October 9, 2017, subscribed over 40 times. The HNI and RII portion subscribed 68.7 and 15.60 times, respectively, as per data available on NSE. Proceeds of IPO will be utilized towards working capital requirement and general corporate purpose. DP Abhushan SME public issue comprises of 59, 32,000Equity Shares of face value of Rs. 10 each for cash at price of Rs. 28 per Equity Share, aggregating up to ` 1660.96 lakhs.
The Lead Manager to the Issue is Hem Securities Limited, a leading player in SME IPOs and the Registrar to the Offer is Bigshare Services Pvt. Ltd.
For the fiscal year ended on March 31, 2017, March 31, 2016 and March 31, 2015 the total revenue of our Company stood at Rs. 45371.02 Lakhs, Rs. 48822.43 Lakhs and Rs. 45989.44 Lakh…

DP Abhushan public offer opens on NSE Emerge

Image
Price Fixed at Rs 28 per equity share
October 9, 2017:   The Public Issue of Ratlam based DP Abhushan Limited, engaged in the retail business of various jewelleries and ornaments, opened today for bidding on NSE Exchange Platform.  The SME public issue comprises of 59, 32,000Equity Shares of face value of Rs. 10 each for cash at price of Rs. 28 per Equity Share, aggregating up to ` 1660.96 lakhs. The issue will close on 11th Oct. 2017. The net Offer for Sale for public would be 56,32,000 Equity Shares of ` 10/- each for cash at a price of ` 28/- per share aggregating to Rs 1576.96 lakhs and the balance 3,00,000 Equity Shares of ` 10/- each for cash at a price of ` 28/- per share aggregating ` 84.00 lakhs reserved for market makers. 28, 16,000 Equity Shares of ` 10/- each for cash at a price of ` 28/- per share (including a premium of ` 18/- per Equity Share) will be available for allocation for allotment to Retail Individual Investors of up to ` 2.00 Lacs. 28, 16,000 Equity Shares of `…