Dhyaani Tile And Marblez Limited IPO Detail
Incorporated in 2014, Dhyaani Tile And Marblez Limited is involved in the business of trading and producing tiles for floors, bathrooms, kitchens, balconies, and stairwells. The company offers two categories of products: Double Charge Vitrified Tiles and Glazed Vitrified Tiles. The company warehouse and the physical store are located in Ahmedabad. Dhyaani Tile And Marblez produces rustic, polished glazed, polished, and textured tiles. The company identifies its customer's needs and allows them to choose the perfect design from its wide range of tiles samples. The company has well-known brand suppliers located all over India.
Competitive Strengths:
- Widespread distribution network.
- Experienced management and dedicated employee base.
- Quality assurance.
- Strategically beneficial location.
Company Promoters
Mr. Chintan Nayan Bhai RajyaguruIPO Details
| IPO Opening Date | Mar 30, 2022 |
| IPO Closing Date | Apr 04, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹2.45 Cr |
| Fresh Issue | ₹2.45 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.72x | 0.27x | 0.50x | |
| Day 2 | - | - | 0.98x | 0.68x | 0.83x | |
| Day 3 | - | - | 0.98x | 0.82x | 0.90x | |
| Day 4 | - | - | 1.96x | 2.36x | 2.16x |
IPO Tentative Timetable
The Dhyaani Tile And Marblez Limited IPO open date is Mar 30, 2022, and the close date is Apr 04, 2022. The issue may list on Mar 12, 2022.
| IPO Open Date | Mar 30, 2022 |
| IPO Close Date | Apr 04, 2022 |
| Basis of Allotment Date | Apr 07, 2022 |
| Initiation of Refunds | Apr 08, 2022 |
| Credit of Shares to Demat Account | Apr 11, 2022 |
| IPO Listing Date | Mar 12, 2022 |
IPO Lot Size
The Dhyaani Tile And Marblez Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹102000 |
| Maximum | 1 | 2000 | ₹102000 |
IPO Promoter Holding
| Pre Issue Share Holding | 96.92% |
| Post Issue Share Holding | 66.32% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Sep-21 | 1,808.19 | 1,041.30 | 24.30 |
| 31-Mar-21 | 636.77 | 1,511.33 | 26.96 |
| 31-Mar-20 | 1,431.23 | 712.77 | -7.25 |
| 31-Mar-19 | 1,017.30 | 935.64 | 9.76 |
Objects of the Issue:
The company proposes to utilize the funds towards the following objects:
- Funding the working capital requirements of the company.
- General Corporate Purposes.
Dhyaani Tile And Marblez Limited IPO Registrar:
KFin Technologies Limited
Dhyaani Tile And Marblez Limited IPO Lead Manager(s):
GYR Capital Advisors Limited
Company Contact Information:
Dhyaani Tile And Marblez Limited
420, Times Square Arcade,
Opp. Rambaug, Thaltej-Shilaj Road,
Ahmedabad – 380059
