DHARNI Capital Services Limited
BSE SME₹120,000 / 6000 Shares
DHARNI Capital Services Limited IPO Details
The DHARNI Capital Services Limited IPO price band is set between ₹20 per equity share, with a face value of ₹1 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 18 Jan, 2023 and closes on 20 Jan, 2023. Investors can check the allotment status on 25 Jan, 2023, while the listing date is tentatively scheduled for 31 Jan, 2023.
The total issue size is 5,370,000 shares of ₹1, aggregating up to ₹10.74 Cr. Stay tuned for the latest DHARNI Capital Services Limited IPO review and GMP updates.
DHARNI Capital Services Limited IPO Review, Rating & Analysis
DHARNI Capital Services Limited IPO Review
NO REVIEWDHARNI Capital Services Limited IPO Rating
DHARNI Capital Services Limited IPO Highlights
IPO Date
Jan 18, 2023 - Jan 20, 2023
Listing Date
31 Jan, 2023
Face Value
₹1 Per Equity Share
Price Band
₹20 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
DHARNI Capital Services Limited IPO Lot Size
The minimum market lot for DHARNI Capital Services Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
DHARNI Capital Services Limited IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Srujan Alpha Capital Advisors LLPIssue Size
5,370,000 shares of ₹1(aggregating up to ₹10.74 Cr)DHARNI Capital Services Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 292.91 | 304.95 | 58.73 | - | - | - |
| 31 Mar 22 | 245.24 | 1469.4 | 96.58 | - | - | - |
| 31 Mar 21 | 25.35 | 255.41 | 15.26 | - | - | - |
| 31 Mar 20 | 19.16 | 19.87 | 1.34 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Hemant Dharnidharka
- Mrs. Preeti Saraogi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.64% |
About Company
Incorporated in 2015, Dharni Capital Services Limited is engaged in providing a variety of financial services. They offer their distinct services to the customers in the form of:
Mutual Fund Distribution Services
Fixed Deposit Distribution Services
Real Estate Brokerage Services
Technical Consultancy and Outsourcing
The company has clients from 11+ states, 300+ clients, and 200 Crore AUM as on March 2022.
The company closely works with individual clients to understand their profile, their requirements, and concerns, and thereupon build customized financial investment portfolios. These portfolios offer a comprehensive selection of investment alternatives.
Dharni Capital Services offers a financial services platform for financial product distribution and has a presence across both online and offline channels.
The company is promoted and nurtured under the leadership of Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi since its incorporation.
Dharni Capital Services hold AMFI Registration number ARN-144504. The entity is an empaneled distributor with 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 other entities.
As on 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.
DHARNI Capital Services Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,550,000 | 2,550,000 | 5,100,000 |
Day 1 -18-01-23 06:00 PM | 2.78 x | 0.70 x | 1.74 x |
Day 2 -19-01-23 06:00 PM | 3.09 x | 1.80 x | 2.44 x |
Day 3 -20-01-23 06:00 PM | 6.30 x | 6.83 x | 6.57 x |
Frequently Asked Questions about DHARNI Capital Services Limited IPO
When will DHARNI Capital Services Limited IPO open for subscription?
The DHARNI Capital Services Limited IPO opens on 18 Jan, 2023 and closes on 20 Jan, 2023.
What is the investors portion for DHARNI Capital Services Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2550000.
How to apply for DHARNI Capital Services Limited IPO?
You can apply for DHARNI Capital Services Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of DHARNI Capital Services Limited IPO?
The issue size of DHARNI Capital Services Limited IPO is approx ₹5,370,000 shares of ₹1(aggregating up to ₹10.74 Cr) crores.
What is the price band of DHARNI Capital Services Limited IPO?
The price band for DHARNI Capital Services Limited IPO is ₹20 per equity share to ₹undefined.
What is the lot size of DHARNI Capital Services Limited IPO?
The minimum bid (lot size) for DHARNI Capital Services Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of DHARNI Capital Services Limited IPO?
The allotment date for DHARNI Capital Services Limited IPO is 25 Jan, 2023.
What is the listing date of DHARNI Capital Services Limited IPO?
The listing date for DHARNI Capital Services Limited IPO is expected to be 31 Jan, 2023.
What is the GMP of DHARNI Capital Services Limited IPO?
The latest Grey Market Premium (GMP) for DHARNI Capital Services Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.