Ducol Organics IPO: GMP, Date, Price, Review, and Allotment 
The initial public offering (IPO) for Ducol Organics has been set for January 9th, 2023, with a closing date of January 11th of the same year. Ducol Organics is a small and medium enterprise (SME) on the NSE that plans to raise 31.51 crores by going public. With a market lot of 1600 shares, the IPO price range for Ducol Organics has been set between 78 and 78.
Pigments and their dispersions, masterbatches, preparations, concentrates, and elaborations from Ducol Organics And Colors Limited are produced for use in a wide variety of end products, including paints, inks, plastics, textiles, cleaning products, and paper.
They have been effectively serving the plastic processing sector with their masterbatches for the past two years. Taloja-Raigad and Mahad are both home to their factories. Dutint, Duplast, Duprint, Dutex, Dusperse, Dupralin, Dupren, and Ducem are just few of the products they offer.
Purposes of the Exercise:
- Provisioning for the financing of working capital needs.
- In the interest of the company in general.
Ducol Organics And Colours IPO Details
| IPO Date | Jan 9, 2023 to Jan 11, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹78 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Fresh Issue | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Company Promoters | Aamer Ahmed Farid and Hani Ahmed Farid are the promoters of the Company. |
Goals of the Debate
- The Net Proceeds of the Issue will be used for the following:
- Funding working capital requirements of our Company; \sGeneral corporate purposes.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 6140.42 | 7372.13 | 7 | 1405.68 | 1105.68 | 2296.91 |
| 31-Mar-21 | 5710.12 | 7885.8 | 281.43 | 1610.63 | 1389.94 | 1656.68 |
| 31-Mar-22 | 6347.51 | 8893.61 | 491.11 | 2089.57 | 1853.14 | 1991.51 |
| 30-Sep-22 | 6055.33 | 4874.8 | 417.22 | 2484.83 | 1490.35 | 1350.01 |
| Amount in ₹ Lakhs | ||||||
Ducol Organics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹73.72 | ₹69.02 | ₹0.07 |
| 2021 | ₹78.86 | ₹71.40 | ₹2.81 |
| 2022 | ₹88.94 | ₹78.93 | ₹4.91 |
| 2023 6M | ₹48.75 | ₹42.17 | ₹4.17 |
IPO Market Lot Ducol Organics
The minimum market lot for the Ducol Organics IPO is 1600 shares, which costs 120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹124,800 |
| Retail Maximum | 1 | 1600 | ₹124,800 |
| S-HNI Minimum | 2 | 3200 | ₹249,600 |
Ducol Organics IPO Dates
The Ducol Organics IPO date is January 9 and the IPO close date is January 11. The IPO allotment date is January 16 and the IPO might list on January 19.
| PO Open Date: | January 9, 2023 |
| IPO Close Date: | January 11, 2023 |
| Basis of Allotment: | January 16, 2023 |
| Refunds: | January 17, 2023 |
| Credit to Demat Account: | January 18, 2023 |
| IPO Listing Date: | January 19, 2023 |
Ducol Organics And Colours IPO Tentative Timetable
Ducol Organics And Colours IPO opens on Jan 9, 2023, and closes on Jan 11, 2023. The Ducol Organics And Colours IPO bid date is from Jan 9, 2023 10.00 A.M. to Jan 11, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Jan 9, 2023 |
| Closing Date | Jan 11, 2023 |
| Basis of Allotment | Jan 16, 2023 |
| Initiation of Refunds | Jan 17, 2023 |
| Credit of Shares to Demat | Jan 18, 2023 |
| Listing Date | Jan 19, 2023 |
Lot Size for Ducol Organics and Colors IPO
The number of shares in a Ducol Organics And Colors IPO lot is 1600. A retail investor can apply for up to 1 lot, which is equal to 1600 shares or 124,800.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| HNI (Min) | 2 | 3,200 | ₹249,600 |
IPO Promoter Holding for Ducol Organics and Colors
| Pre Issue Share Holding | 80.86% |
| Post Issue Share Holding |
Also, Visit Technopack Polymers IPO.
Company Contact Information
Office No 302, Express Building,
14-E Road, Churchgate,
Mumbai – 400020
Phone: +91 22 4608 2353
Email: ipo@ducol.com
Website: http://www.ducol.com/
FAQ
Q: What is Ducol Organics And Colors IPO?
The Ducol Organics And Colors IPO is a SME IPO with 4,040,000 equity shares with a face value of 10, which adds up to 31.51 Crores. Each share of the new stock costs 78. The least you can order is 1600 Shares.
The IPO starts on January 9 and ends on January 11.
The IPO is being kept track of by Bigshare Services Pvt Ltd. It is planned to list the shares on NSE SME.
Q: When will the IPO for Ducol Organics and Colors start?
The IPO for Ducol Organics And Colors starts on January 9 and ends on January 11.
How to apply for Ducol Organics And Colors IPO?
You can use either UPI or ASBA to pay for the Ducol Organics And Colours IPO online. Your bank account’s online banking is where you can find the ASBA IPO application. Brokers offer the UPI IPO application, but they don’t do banking. Find out more about how to apply for an initial public offering (IPO) online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Q: When is the Ducol Organics and Colors IPO?
The Basis of Allotment for the Ducol Organics And Colors IPO will be finalised on January 16, 2023, and the allotted shares will be credited to your demat account by January 18, 2023. Check to see how the Ducol Organics And Colors IPO is going.
Q: When is the IPO listing date for Ducol Organics And Colors?
The date for Ducol Organics And Colors to go public has not yet been set. The likely date that Ducol Organics And Colors will go public is January 19, 2023.
