D.K. Enterprises Global Limited IPO Detail
Incorporated in 2019, D.K. Enterprises Global Ltd manufactures paper-based packing material, self-adhesive tapes (Masking, Siliconized, Medical and surface protection tapes), Laminated products, and flexible packaging. It serves many MNCs i.e. Vodafone Idea, Patanjali Ayurvedic Limited, Crompton Greaves Consumer Electrical Limited, Godrej, Phonepey, ITC, Amul, etc.
Its manufacturing facility Unit I is located at Panchkula, Haryana, and Unit II is in Vadodra, Gujarat. The company is planning to establish a new manufacturing unit at Baddi, Himachal Pradesh to manufacture Clear/Printed Bopp Tape, Masking/Specialty tapes, and laminated products.
Competitive Strengths
- Wide range of products offerings.
- Strong long-term relationship with top customers.
- Robust infrastructure and integrated product manufacturing capabilities.
- ISO 9001:2015 and ISO 45001:2018 certification.
- Experienced promoters and managers team.
Company Promoters
Mr. Rakesh Kumar, Mrs. Rekha Bansal, and Mr. Dhruv RakeshIPO Details
| IPO Opening Date | Oct 07, 2021 |
| IPO Closing Date | Oct 12, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹40 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹7.99 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | - |
IPO Tentative Timetable
The D.K. Enterprises Global Limited IPO open date is Oct 07, 2021, and the close date is Oct 12, 2021. The issue may list on Oct 22, 2021.
| IPO Open Date | Oct 07, 2021 |
| IPO Close Date | Oct 12, 2021 |
| Basis of Allotment Date | Oct 18, 2021 |
| Initiation of Refunds | Oct 20, 2021 |
| Credit of Shares to Demat Account | Oct 20, 2021 |
| IPO Listing Date | Oct 22, 2021 |
IPO Lot Size
The D.K. Enterprises Global Limited IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹120000 |
| Maximum | 1 | 3000 | ₹120000 |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 30-Jun-21 | 28.07 | 19.13 | 0.10 |
| 31-Mar-21 | 27.78 | 64.96 | 2.44 |
| 31-Mar-20 | 19.06 | 45.55 | 1.50 |
Objects of the Issue:
- To set up a new manufacturing facility at Baddi, Himachal Pradesh.
- Meet incremental working capital requirements.
- Meet general corporate purposes.
- Meet public issue expenses.
