Ducol Organics And Colours IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Mar 22, 2023Let’s have a detailed review of the company and analytics of the Ducol Organics And Colours IPO release date, IPO offer price, subscription, Ducol Organics And Colours 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 |
| Price Band | Rs 78 |
| Listing At | NSE SME |
| Min. Order Quantity | 1600 Shares |
| Listing Date | Jan 19, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 3,151.20 Lakh |
| IPO Size | Rs 3,151.20 Lakh |
| Tick Size | 1 |
Ducol Organics And Colours IPO is listed at an NSE SME premium. Check out the live share price by clicking on the below link.
Ducol Organics And Colours IPO – Summary
Their Company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber and Plastics. color solutions for various industries like paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents and FMCG.
Their Company is engaged in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants and masterbatches.
The Promoter of this company is AAMER AHMED FARID AND HANI AHMED FARID. The lead manager to the issue is FIRST OVERSEAS CAPITAL LIMITED, and the Registrar to this issue is Bigshare Services Private Limited.
Ducol Organics And Colours IPO Date
The opening and closing dates of Ducol Organics And Colours IPO are Jan 9, 2023, and Jan 11, 2023.
Ducol Organics And Colours IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – 9th Jan | 1.20x | 0.77x | 0.99x | |
| 2nd Day – 10th Jan | 58.15x | 31.11x | 44.63x | |
| 3rd Day – | ||||
| Shares Offered or Net Issue | 1,819,200 | 1,819,200 | 3,638,400 |
The shares subscribed by the public will be updated here.
Ducol Organics And Colours 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.
Ducol Organics And Colours Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Jan 16, 2023 |
| Refunds Initiation | Jan 17, 2023 |
| Credit of Shares to Demat Account | Jan 18, 2023 |
| Share Listing Date | Jan 19, 2023 |
Ducol Organics And Colours IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.78
Ducol Organics And Colours IPO Equity Size
This Initial Public Issue of 40,40, 000 Equity Shares of Rs.10 each for cash at a price of Rs.78 per equity share aggregating to Rs.3,151.20 Lakh.
Ducol Organics And Colours IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 40,40, 000 Equity Shares of Rs.10/ each.
Issue Size: 40,40, 000 Equity Shares of Rs.10 each, aggregating to Rs.3,151.20 Lakh
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Ducol Organics And Colours IPO – Live Performance
The listing date of this IPO is Jan 19, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Ducol Organics And Colours Share Price |
Ducol Organics IPO Grey Market Premium
The Ducol Organics And Colours Limited IPO Grey Market Premium price is Rs 30, the Kostak rate is Rs NA and the Subject to Sauda is Rs NA.
Ducol Organics And Colours IPO – Company Overview
Their Company is engaged in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants and masterbatches.
They have a pan-India customer base, with integrated operations which involve the development, manufacturing, marketing and distribution of a wide range of dispersions & masterbatches primarily to industries such as paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents and FMCG.
Ducol Organics And Colours 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) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 6,055.33 | 6,347.51 | 5,710.12 | 6,140.42 |
| *Total Revenue | 4,874.80 | 8,893.61 | 7,885.80 | 7,372.13 |
| Total Expense | 4,216.85 | 7893.16 | 7,140.22 | 6,901.95 |
| Profit After Tax | 417.22 | 491.11 | 281.43 | 7.00 |
Earnings per Equity Share (in Lakh)
| 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 4.68 | 2.68 | 0.07 |
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 417.22 Lakh, Rs. 491.11 Lakh, Rs. 281.43 Lakh and Rs. 7.00 Lakh respectively.
Ducol Organics And Colours IPO – Promoters
The Promoter of this company is:
- AAMER AHMED FARID
- HANI AHMED FARID
List of Related Parties (Key Managerial Personnel)
- Aamer Ahmed Farid, Managing Director
- Hani Ahmed Farid, Whole time Director
- Ratnakar Venkappa Rai, Non-Executive and Independent Director
- Shivani S. Tiwari, Non-Executive and Independent Director
- Abhishek Agrawal, Non-Executive and Independent Director
Ducol Organics And Colours IPO – Promoters Holding
- Pre Issue Share Holding – 80.86 %
- Post Issue Share Holding – %
Ducol Organics And Colours IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 40,40, 000 Equity Shares aggregating up to Rs.3,151.20 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 4,01,600 Equity Shares aggregating up to Rs.313.25 Lakh |
| Net Issue to the Public | Up to 36,38,400 Equity Shares aggregating up to Rs.2,837.95 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 18,19,200 Equity Shares |
| Other than Retail Individual Investors | Not more than 18,19,200 Equity Shares |
| Equity Shares outstanding prior to the Issue | 1,05,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | 1,45,40,000 Equity Shares |
Ducol Organics And Colours IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding working capital requirements of their Company.
- General corporate purposes.
Ducol Organics And Colours IPO – Business Strategy
- Increasing Operational efficiency
- To build-up a professional organization
- Growth
Ducol Organics And Colours 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:
- Quality Assurance, timely payment, and delivery
- Broad customer base and strong relationships with their customers
- Multiple Business verticals under one roof
- The qualified management team and employee base
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 4.68 | 23.50 | 23.67 |
| 31-Mar-21 | 2.68 | 17.47 | 19.90 |
| Mar-20 | 0.07 | 0.50 | 38.76 |
Ducol Organics And Colours IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV (Rs.) | |
| Ducol Organics And Colours Limited | 10 | 16.68 | 4.68 | 23.50 | 19.90 |
| Listed Peers | |||||
| Aksharchem (India) Limited | 10 | 21.74 | 15.62 | 5.68 | 348.21 |
| Asahi Songwon Colors Limited | 10 | 13.80 | 19.94 | 7.98 | 236.49 |
| Clariant Chemicals (India) Limited | 10 | 23.56 | 17.31 | 10.46 | 179.30 |
| Vipul Organics Limited | 10 | 27.25 | 5.06 | 13.31 | 50.90 |
| Ultramarine & Pigments Limited | 2 | 16.11 | 23.28 | 6.78 | 294.36 |
| Sudarshan Chemical Industries Limited | 2 | 39.57 | 9.85 | 15.59 | 120.36 |
Ducol Organics And Colours IPO Lead Managers
| Lead Managers |
| FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Dalal Street, Fountain, Mumbai – 400 001, Maharashtra, India. Tel No.: +91 22 4050 9999 Fax No: +91 22 4050 9900 Email: satish@focl.in / mala@focl.in Investor Grievance Email: investorcomplaints@focl.in Website: www.focl.in SEBI Registration No: INM000003671 Contact Person: Satish Sheth / Mala Soneji |
Ducol Organics And Colours IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400 093, Maharashtra, India Telephone: +91 22 6263 8200 Email: ipo@bigshareonline.com Investor grievance email: investor@bigshareonline.com Website: www.bigshareonline.com Contact Person: Babu Rapheal SEBI Registration No.: INR000001385 |
Ducol Organics And Colours IPO – Other Details
- Statutory Auditor – M/s. Choudhary Choudhary & Co., Chartered Accountants
- Legal Counsel to the Company – Pabari Legal Associates Advocate & Legal Associates
- Bankers to the Company – Apna Sahakari Bank Limited and NKGSB Co-operative Bank Limited
Ducol Organics 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 |
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Ducol Organics And Colours Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Ducol Organics And Colours IPO Review FAQs
Check out various FAQs related to Ducol Organics And Colours IPO:
What is the Issue Size of Ducol Organics And Colours IPO?
The Company is making an initial public offer of 40,40, 000 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 the net issue.
What is the Price band of Ducol Organics And Colours IPO?
The price band for this particular IPO ranges between 78. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Ducol Organics And Colours IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Jan 9, 2023, while the closing date is set at Jan 11, 2023.
What is the Ducol Organics And Colours IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Jan 16, 2023, refund initiation is on Jan 17, 2023, credit of shares is on Jan 18, 2023, and share listing date is on Jan 19, 2023.
What is the Ducol Organics IPO Listing Date?
Shares of this company shall be listed in the exchanges Jan 19, 2023. The date, when the listing would be done, is stagnant on Jan 19, 2023.
Who is the Registrar of Ducol Organics And Colours IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Ducol Organics IPO?
Here are the promoters of this IPO – AAMER AHMED FARID AND HANI AHMED FARID. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of Ducol Organics And Colours?
They have obtained the GMP of this IPO and it is Rs 30. Further insights of Kostak rate is Rs NA and subject to sauda or SS are Rs NA as well included in this report.
Is Ducol Organics And Colours good for Investment?
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.
What is the PAT of Ducol Organics And Colours Company?
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 2022 in Lakh is 491.11, 2021 is 281.43, 2020 is 7.00. PAT from Sep 2022 is 417.22.
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