IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size44,40,000 shares (aggregating up to ₹4.44 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 22 May 2014
Subscription CloseWed, 28 May 2014
Anchor AllotmentWed, 21 May 2014
Basis of AllotmentTue, 03 Jun 2014
Initiation of RefundsWed, 04 Jun 2014
Credit of Shares to DematWed, 04 Jun 2014
Listing DateWed, 11 Jun 2014
UPI Mandate Deadline2014-05-28
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public42,00,000 shares (aggregating up to ₹4.20 Cr)
Reserved for Market Maker2,40,000 shares (aggregating up to ₹0.2400 Cr)
Pre-IPO Promoter Holding1,23,03,459 shares
Post-IPO Promoter Holding1,67,43,459 shares
About Dhanuka Commercial Ltd.
Incorporated in 1994, Dhanuka Commercial Ltd is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.The company wants to expand its portfolio of products and services by introducing products such as Loans against Property, IPO Funding, Financial and Management Consultancy in addition with the existing products of Unsecured ICDs and Loans and Personal Loans. They plan to continue to sell their products and services to existing corporate client base and further target other High Net Worth Individuals and Firms with impeccable credit track record to whom the company may advance funds both secured/ unsecured based on the risk profile and as envisaged in the loan policy of the company.
Objects of the Issue
Dhanuka Commercial Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities
4.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,23,03,459 shares
Post-IPO Promoter Holding
1,67,43,459 shares