
✓
Open
9 Oct 2017
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Close
11 Oct 2017
3
Allotment
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Listing
Mon, Oct 23, 2017
Price Band
₹28 per share
Issue Size
59,32,000 shares (agg. up to ₹17 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 23, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 41.45x |
Restated Financials (₹ Cr.)
| Period Ended | 01 May 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 146.19 | 138.45 | 144.80 | 115.80 |
| Total Income | 75.90 | 453.71 | 488.22 | 459.89 |
| Profit After Tax | 0.80 | 4.88 | 3.25 | 1.31 |
| NET Worth | 22.24 | 21.43 | 16.92 | 16.13 |
| Total Borrowing | 98.57 | 93.51 | 94.17 | 74.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sagar Diamonds Ltd. | SME | ₹15.21 Cr | ₹45 | 120.05 | ₹35.00 | -22.22% | ₹13.00 (+0.00%) |
| Bhakti Gems & Jewellery Ltd. | SME | ₹3.92 Cr | ₹20 | null | ₹20.05 | +0.25% | ₹30.43 (+4.89%) |
| Super Fine Knitters Ltd. | SME | ₹4.08 Cr | ₹12 | null | ₹12.60 | +5.00% | ₹7.91 (+4.91%) |
| Veeram Ornaments Ltd. | SME | ₹5.12 Cr | ₹45 | null | ₹46.00 | +2.22% | ₹10.08 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital Requirements | 14.50 |
| 2 | To meet General Corporate Expenses | 1.32 |
About D.P.Abhushan IPO
D.P. Abhushan Ltd. (DPAL) is engaged in the retail business of various jewelleries and ornaments made out of gold, diamonds and platinum studded with precious and semi-precious stones. Company’s product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewellery.Currently they have four showrooms under the "D.P. Jewellers" brand located in four different cities of India i.e. Ratlam, Indore, Bhopal and Udaipur. All of these showrooms are operated and managed by it, and has been taken on rental basis. Further, it has plans to expand its retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17, for which it has purchased area comprising of 10,395 sq ft. at DNR 90, Mahatama Gandhi Marg, Yashwant Niwas Road, Indore.The manufacturing of jewellery products are done through job work from third parties. Further, DPAL also purchases readymade jewellery from independent jewelers. It has also entered into an agreement dated May 05, 2015 with R.S. Diamonds Private Limited for sale of diamond jewelleries under brand of “Divine Solitaires” from its retail outlets.DPAL has also ins
Contact Details
D.P.Abhushan Ltd. Address138, Chandani ChowkRatlam, Madhya Pradesh, 457001+91-7412- 490966dpj@dpjewellers.comVisit Website