Let’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 ValueRs 10
Cash PriceRs 40
Listing AtNSE Emerge
Min. Order Quantity3000 Shares
Listing DateOct 22, 2021
Offer for SaleRs Lakh
Fresh IssueRs Lakh
IPO SizeRs 799.20 Lakh
Tick Size1

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

DK Enterprises Global IPOTheir 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 / DateNIIRIITotal Subscription
1st Day – 7 Oct0.20x0.72x0.46x
2nd Day –  8 Oct0.49x3.25x1.87x
3rd Day – 11 Oct0.75x7.04x3.89x
4th Day – 12 Oct7.43x17.58x12.50x
Shares Offered or Net Issue948,000948,0001,896,000

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 FinalizationOct 18, 2021
Refunds InitiationOct 20, 2021
Credit of Shares to Demat AccountOct 20, 2021
Share Listing DateOct 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!

    Fill Your Details Here


    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-2131-Mar-20
    Total Assets2,778.331,906.05
    *Total Revenue6495.794555.03
    Total Expense6191.784348.05
    Profit After Tax243.86149.51

    Earnings per Equity Share (in Lakh)

    31-Mar-2131-Mar-20
    Basic & Diluted5.914.22

     

    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:

    1. MR. RAKESH KUMAR
    2. MRS. REKHA BANSAL
    3. 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 MakersUp to 1,02,000 Equity Shares aggregating up to Rs.40.80 Lakh
    Net Issue to the PublicUp 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 InvestorsNot more than 9,48,000 Equity Shares
     Equity Shares outstanding prior to the Issue55,10,000 Equity Shares
     Equity Shares outstanding after the Issue7,508,000 Equity Shares

    DK Enterprises Global IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Setting up of new Manufacturing Unit at Baddi, Himachal Pradesh
    2. To Meet Incremental Working Capital Requirements
    3. For General Corporate Purposes
    4. 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 EPSRONW (%)NAV (Rs.)
    31-Mar-215.9130.5714.48
    31-Mar-204.2245.70
    Mar-190.000.00

    DK Enterprises IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Lakhs)
    DK Enterprises Global Limited105.856.8330.316,483.89
    Listed Peers
    Anuroop Packaging Limited104.051.9410.891406.08
    Hindustan Adhesives Limited106.7917.0920.2221,365.00
    G.K.P. Printing & Packaging Limited1027.521.093.592926.39

    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 ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


    Subscribe to DK Enterprises Global IPO

      Fill Your Details Here


      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 ClassROI (Rs.)Profit (Rs.)Profit (%)
      IPO
      Equity
      Savings
      Real Estate
      Gold
      Bonds
      Fixed Deposit
      Mutual Fund


      Featured Topics

       

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      24 + 9 =

      Get 100% IPO Allotment Guarantee! Subscribe to IPO