IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size44,40,000 shares (aggregating up to ₹13.32 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 26 Nov 2018
Subscription CloseWed, 28 Nov 2018
Anchor AllotmentSun, 25 Nov 2018
Basis of AllotmentTue, 04 Dec 2018
Initiation of RefundsWed, 05 Dec 2018
Credit of Shares to DematWed, 05 Dec 2018
Listing DateWed, 05 Dec 2018
UPI Mandate Deadline2018-11-28
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public42,16,000 shares (aggregating up to ₹12.65 Cr)
Reserved for Market Maker2,24,000 shares (aggregating up to ₹0.6720 Cr)
Pre-IPO Promoter Holding54,27,290 shares
Post-IPO Promoter Holding98,67,290 shares
About Diksha Greens Ltd.
Incorporated in 2004, Kolkata based Diksha Greens Limited is a company engaged in the business of trading of timber, wooden logs, sawn timber and manufacturing of veneer sheets.In 2006 the company obtained Importer-Exporter code (IEC) and started importing the wooden logs and timber. It imports logs and timbers from many countries including Malaysia, Vietnam, Burma, Nigeria, Ghana, Ivory Coast, Ecuador, Salvador, Costa Rica, Solomon Island, Papua and Guinea etc.Diksha has a Factory located in Baidyabati, Hooghly, West Bengal. In this unit, the logs are sold in raw form as well as sawn timber. Here veneer sheets are also produced as per the customer requirements.This year the company has decided to expand its business. It purchased a Multi-Commodity Cold Storage wherein storage facilities for fruits and vegetables are offered to traders/farmers.The company plans to involve into trading of fruits, vegetables, Dry Fruits, Egg, Fish and Spices in future.Diksha Green has 9 employees on its payroll.
Objects of the Issue
Diksha Greens Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
12.57
2
2 Public issue expenses
0.75
Shareholding & Lock-in
Pre-IPO Promoter Holding
54,27,290 shares
Post-IPO Promoter Holding
98,67,290 shares