Incorporated in 2015, Dharni Capital Services Limited offers a diverse range of financial services to its customers. Their distinct services include Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, and Technical Consultancy and Outsourcing.
The company has a broad clientele, spanning across 11+ states, with over 300 clients and assets under management (AUM) of 200 Crore as of March 2022.
Dharni Capital Services takes a client-centric approach, closely working with individual clients to understand their profiles, requirements, and concerns. Based on this understanding, they build customized financial investment portfolios, offering a comprehensive selection of investment alternatives.
With a strong presence across both online and offline channels, Dharni Capital Services provides a robust financial services platform for the distribution of financial products.
Under the leadership of Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi, the company has been nurtured and promoted since its incorporation.
Dharni Capital Services holds AMFI Registration number ARN-144504 and is an empaneled distributor with various entities, including ICICI Prudential Mutual Fund, SBI Mutual Fund, Axis Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Aditya Birla Sunlife Mutual Fund, Nippon Mutual Fund, UTI Mutual Fund, and many others.
As of September 30, 2022, and March 31, 2022, the assets under management from the mutual fund distribution business (“AUM”) stood at Rs 5,379.30 Lakhs and Rs 6,367.60 Lakhs, respectively.
Stock Quote #
- Open: ₹24.00
- High – Low: ₹24.00 – ₹24.00
- Previous Close: ₹24.01
- Total Traded Value: 6,000
- 52 Weeks High: ₹31.31 (Jun 08, 2023)
- 52 Weeks Low: ₹18.95 (Feb 02, 2023)
- Updated On: Jul 27, 2023 4:00 PM
IPO Details #
DHARNI Capital Services IPO is a Fixed Price Issue. The IPO total issue size is Rs 10.74 Cr. The DHARNI Capital Services IPO price is ₹20 per share. The IPO will list on BSE SME.
| IPO Date | Jan 18, 2023 to Jan 20, 2023 |
| Listing Date | Jan 31, 2023 |
| Face Value | ₹1 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 5,370,000 shares (aggregating up to ₹10.74 Cr) |
| Fresh Issue | 5,370,000 shares (aggregating up to ₹10.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 270,000 shares Sunflower Broking |
IPO Reservation #
DHARNI Capital Services IPO a total of 5,370,000 shares are offered. RII: 2,550,000 (47.49%), NII: 2,550,000 (47.49%).
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 270,000 (5.03%) |
| Other Shares Offered | 2,550,000 (47.49%) |
| Retail Shares Offered | 2,550,000 (47.49%) |
| Total Shares Offered | 5,370,000 (100%) |
DHARNI Capital Services IPO Timetable (Tentative) #
DHARNI Capital Services IPO opens on Jan 18, 2023, and closes on Jan 20, 2023.
| IPO Open Date | Wednesday, 18 January 2023 |
| IPO Close Date | Friday, 20 January 2023 |
| Basis of Allotment | Wednesday, 25 January 2023 |
| Initiation of Refunds | Friday, 27 January 2023 |
| Credit of Shares to Demat | Monday, 30 January 2023 |
| Listing Date | Tuesday, 31 January 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jan 20, 2023 |
DHARNI Capital Services IPO Lot Size #
The minimum lot size of this DHARNI Capital Services IPO is 6000 shares required is ₹120,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |
| Lot Size Calculator | |||
DHARNI Capital Services IPO Promoter Holding #
Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi are the promoters of the company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.64% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 19.16 | 19.87 | 1.34 | -4.11 | 22.48 |
| 31-Mar-21 | 25.35 | 255.41 | 15.26 | 11.16 | 9.35 |
| 31-Mar-22 | 245.24 | 1,469.40 | 96.58 | 226.74 | 0.00 |
| 30-Sep-22 | 292.91 | 304.95 | 58.73 | 285.74 | 0.00 |
| Amount in ₹ Lakhs | |||||
Key Performance Indicator #
DHARNI Capital Services IPO Market Cap is Rs 40.74 Cr and P/E (x) is 34.48.
| KPI | Values |
|---|---|
| P/E (x) | 34.48 |
| Market Cap (₹ Cr.) | 40.74 |
Objects of the Issue #
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Investment in a Wholly-owned Subsidiary Company; and
- General corporate purposes.
DHARNI Capital Services IPO Subscription Status (Bidding Detail) #
The DHARNI Capital Services IPO is subscribed 6.57 times on Jan 20, 2023 6:58:00 PM. The public issue subscribed 6.83 times in the retail category, times in the QIB category, and 6.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 6.32 |
| Retail | 6.83 |
| Total | 6.57 |
DHARNI Capital Services IPO Prospectus #
DHARNI Capital Services IPO Listing Details #
| Listing Date | Jan 31, 2023 |
| BSE Script Code | 543753 |
| NSE Symbol | |
| ISIN | INE0M9Q01011 |
| Final Issue Price | ₹20 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹20.00 |
| ₹21.00 |
| ₹20.20 |
| ₹21.50 |
| ₹20.25 |
Company Contact Information #
226, Brigade Metropolis Arcade,
Whitefield Main Road, Garudacharpalya,
Bangalore – 560048
Phone: +91 9945164270
Email: info@dharnigroup.com
Website: http://www.dharnicapital.com/
DHARNI Capital Services IPO Registrar #
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
DHARNI Capital Services IPO Lead Manager(s) #
Frequently Asked Questions #
When does the DHARNI Capital Services IPO open and close? #
The DHARNI Capital Services IPO opened on January 18, 2023, and closed on January 20, 2023.
What is the issue price of the DHARNI Capital Services IPO? #
The issue price of the DHARNI Capital Services IPO is ₹20 per equity share.
What is the lot size for the DHARNI Capital Services IPO? #
The lot size for the DHARNI Capital Services IPO is 6000 shares.
What is the subscription status of the DHARNI Capital Services IPO? #
The DHARNI Capital Services IPO was subscribed 6.57 times overall. It was subscribed 6.83 times in the retail category and 6.32 times in the Other category.
What is the IPO allotment date for DHARNI Capital Services IPO? #
The basis of allotment for the DHARNI Capital Services IPO is scheduled for January 25, 2023.
How can I check the DHARNI Capital Services IPO allotment status? #
You can check the DHARNI Capital Services IPO allotment status online by visiting the IPO registrar’s website and entering either your PAN number, Application Number, or DP Client ID of the demat account.
When will the DHARNI Capital Services IPO shares be credited to the demat account? #
The credit of DHARNI Capital Services IPO shares to the demat account is expected to be done on January 30, 2023.
What is the listing date for the DHARNI Capital Services IPO? #
The listing date for the DHARNI Capital Services IPO is January 31, 2023.
Please note that the above FAQs are based on the information provided, and for the most accurate and up-to-date information, it’s best to refer directly to the official prospectus and relevant IPO documents.
