DK Enterprises Global IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the DK Enterprises Global IPO release date, IPO offer price, subscription, DK Enterprises Global Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 40 |
| Listing At | NSE Emerge |
| Min. Order Quantity | 3000 Shares |
| Listing Date | Oct 22, 2021 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs 799.20 Lakh |
| Tick Size | 1 |
DK Enterprises Global IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
DK Enterprises Global IPO – Summary
Their Company was incorporated as “D.K. Enterprises Global Hub Limited” at Panchkula (Haryana) on February 26, 2019, under the provisions of the Companies Act, 2013 vide certificate of incorporation issued by Registrar of Companies, Central Registration Centre.
Subsequently, the name of their company was changed to “D.K. Enterprises Global Limited” on April 4, 2019, vide certificate of incorporation pursuant to change in name issued by Registrar of Companies, Delhi.
The Promoter of this company is MR. RAKESH KUMAR, MRS. REKHA BANSAL AND MR. DHRUV RAKESH. The lead manager to the issue is BEELINE BROKING LIMITED, and the Registrar to this issue is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.
D K Enterprises Global IPO Date
The opening and the closing date of DK Enterprises Global IPO are Oct 7, 2021, and Oct 12, 2021, respectively.
D K Enterprises Global IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 7 Oct | 0.20x | 0.72x | 0.46x |
| 2nd Day – 8 Oct | 0.49x | 3.25x | 1.87x |
| 3rd Day – 11 Oct | 0.75x | 7.04x | 3.89x |
| 4th Day – 12 Oct | 7.43x | 17.58x | 12.50x |
| Shares Offered or Net Issue | 948,000 | 948,000 | 1,896,000 |
The shares subscribed by the public will be updated here.
Check DK Enterprises Global IPO LIVE Subscription
- DK Enterprises Global IPO LIVE Bid details on BSE
- DK Enterprises Global IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
DK Enterprises Global IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
DK Enterprises Global Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Oct 18, 2021 |
| Refunds Initiation | Oct 20, 2021 |
| Credit of Shares to Demat Account | Oct 20, 2021 |
| Share Listing Date | Oct 22, 2021 |
D K Enterprises Global IPO Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.40
DK Enterprises Global IPO Size
This Initial Public Issue of 19,98,000 Equity Shares of Rs.10 each for cash at a price of Rs.40 per equity share aggregating to Rs.799.20 Lakh.
DK Enterprises Global IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: 19,98,000 Equity Shares of Rs.10 each, aggregating to Rs.799.20 Lakh
Open Free Demat Account Now!
D K Enterprises Global IPO – Live Performance
The listing date of this IPO is Oct 22, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – DK Enterprises Global Share Price |
DK Enterprises Global IPO Grey Market Premium
The DK Enterprises Global Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
DK Enterprises Global IPO – Company Overview
They are mainly engaged in the manufacturing of Paper-Based Packing materials, Self Adhesive Tapes (specialty tapes like Masking, Siliconized, Medical, and Surface protection Tapes), Laminated Products, and Flexible Packaging. Their Company is ISO 9001:2015, 45001:2018 certified company.
They have been working almost exclusively with major multinational corporations in the consumer space. D.K. Enterprises, a proprietorship concern of Mrs. Rekha Bansal running its business for the last two decades which was taken over by their company at a total consideration of ` 200.00 Lakhs (including goodwill of Rs. 162079.48) in terms of the agreement dated May 15, 2019, by issuing 20,00,000 Equity Shares of Rs. 10 each of their company to Mrs. Rekha Bansal.
Their company’s registered office and manufacturing facilities Unit I is located in Panchkula at Haryana and Unit II at Vadodra in Gujarat. They are proposing to commence manufacturing facilities at Baddi in Himachal Pradesh for manufacturing of Clear/Printed Bopp Tape, Masking/specialty tapes, and Laminated Products.
They are also proposing to installed machinery at Vadodara (Unit II) for the manufacturing of Clear/Printed Bopp Tape, Masking/specialty tapes, and Laminated Products.
DK Enterprises Global IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||
| 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 2,778.33 | 1,906.05 |
| *Total Revenue | 6495.79 | 4555.03 |
| Total Expense | 6191.78 | 4348.05 |
| Profit After Tax | 243.86 | 149.51 |
Earnings per Equity Share (in Lakh)
| 31-Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 5.91 | 4.22 |
Further, their PAT for the period ended on March 31, 2021, and March 31, 2020, were Rs. 243.86 Lakh and Rs. 149.51 Lakh respectively.
D K Enterprises Global IPO – Promoters
The Promoter of this company is:
- MR. RAKESH KUMAR
- MRS. REKHA BANSAL
- MR. DHRUV RAKESH
List of Related Parties (Key Managerial Personnel)
- RAKESH KUMAR, Chairman Cum Managing Director
- REKHA BANSAL, Whole Time Director
- DHRUV RAKESH, Executive Director
- JEENENDRA PRAKASH SINGHVI, Director
- KHAGESH KAUSHAL, Director
DK Enterprises Global IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 19,98,000 Equity Shares aggregating up to Rs.799.20 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,02,000 Equity Shares aggregating up to Rs.40.80 Lakh |
| Net Issue to the Public | Up to 18,96,000 Equity Shares aggregating up to Rs.758.40 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 9,48,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 9,48,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 55,10,000 Equity Shares |
| Equity Shares outstanding after the Issue | 7,508,000 Equity Shares |
DK Enterprises Global IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Setting up of new Manufacturing Unit at Baddi, Himachal Pradesh
- To Meet Incremental Working Capital Requirements
- For General Corporate Purposes
- To meet Public Issue Expenses
DK Enterprises Global – Business Strategy
- Optimal Utilization of Resources
- Quality Assurance
- Expand Product Portfolio
- To set up a new Project at Baddi
D K Enterprises IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Experienced management team
- Quality Products
- Wide Range of their Packing Products
- Long term relationship with MNC’s Customers
- Infrastructure and Integrated capabilities to deliver quality Products
- Provide customized packaging solutions as per client requirements
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 5.91 | 30.57 | 14.48 |
| 31-Mar-20 | 4.22 | 45.70 | – |
| Mar-19 | 0.00 | 0.00 | – |
DK Enterprises IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| DK Enterprises Global Limited | 10 | 5.85 | 6.83 | 30.31 | 6,483.89 |
| Listed Peers | |||||
| Anuroop Packaging Limited | 10 | 4.05 | 1.94 | 10.89 | 1406.08 |
| Hindustan Adhesives Limited | 10 | 6.79 | 17.09 | 20.22 | 21,365.00 |
| G.K.P. Printing & Packaging Limited | 10 | 27.52 | 1.09 | 3.59 | 2926.39 |
D K Enterprises Global IPO Lead Managers
| Lead Managers |
| BEELINE BROKING LIMITED SEBI Registration Number: INM000012546 Address: 807, Phoenix Tower, Opp. New Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura, Ahmedabad – 380 009 Telephone Number: +91 79 4840 5357 Email Id: mb@beelinemb.com Investors Grievance Id: ig@beelinebroking.com Website: www.beelinebroking.com Contact Person: Mrs. Khushbu Shah CIN: U51900GJ2014PLC080598 |
DK Enterprises IPO Registrar to offer
| Registrar to the Offer |
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED SEBI Registration Number: INR000003241 Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020, India. Tel. Number: +91 -11-40450193-97 Fax- +91-11-26812682 Email Id: compliances@skylinerta.com/virenr@skylinerta.com Investors Grievance Id: grievances@skylinerta.com Website: www.skylinerta.com Contact Person: Ms. Sarita Singh CIN: U74899DL1995PTC071324 |
DK Enterprises Global IPO – Other Details
- Statutory Auditor – M/s Deepak Jindal & Co., Chartered Accountants
- Legal Counsel to the Company – Mrs. Komal Abrol
- Bankers to the Company – Canara Bank
D K Enterprises IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Subscribe to DK Enterprises Global IPO
DK Enterprises Global Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
DK Enterprises Global IPO Review FAQs
Ques – What is the Issue Size of DK Enterprises Global IPO?
Answer – The Company is making an initial public offer of 1998000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price of DK Enterprises IPO?
Answer – The price band for this particular IPO ranges between Rs 40. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the DK Enterprises Global IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Oct 7, 2021, while the closing date is set at Oct 12, 2021.
Ques – What is the DK Enterprises Global IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Oct 18, 2021, refund initiation is on Oct 20, 2021, credit of shares is on Oct 20, 2021, and share listing date is on Oct 22, 2021.
Ques – What is the DK Enterprises Global IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges on Oct 22, 2021. The date, when the listing would be done, is stagnant on Oct 22, 2021.
Ques – Who is the Registrar of DK Enterprises IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. SKYLINE FINANCIAL SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of DK Enterprises IPO?
Answer – Here are the promoters of this IPO – MR. RAKESH KUMAR, MRS. REKHA BANSAL AND MR. DHRUV RAKESH. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of DK Enterprises Global IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is DK Enterprises Global IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of DK Enterprises Global?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 243.86, and 2020 is 149.51,
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Featured Topics