DP Abhushan IPO

DP Abhushan IPO

DP Abhushan IPOBusiness description from prospectus – DP Abhushan is engaged in the retail business of various jewelleries and ornaments made out of gold, diamonds and platinum studded with precious and semi-precious stones. Its portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewellery.

As on date of prospectus, the company has four showrooms under the “D.P. Jewellers” brand located in four different cities of India i.e. Ratlam, Indore, Bhopal and Udaipur. All of these showrooms are operated and managed by the company, and has been taken on rental basis. Further, it has plans to expand the retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17.

The manufacturing of jewellery products are done through job work from third parties. Further, we also purchase readymade jewellery from independent jewelers. DP Abhushan carries operations relating to quality control, inventory management and business development from its corporate office located in Ratlam, Madhya Pradesh. It has also entered into an agreement dated May 05, 2015 with R.S. Diamonds Private Limited for sale of their diamond jewelleries under brand of “Divine Solitaires” from its retail outlets.

Promoters of DP Abhushan – Mr Anil Kataria, Mr Vikas Kataria, Mr Santosh Kataria, Mrs Renu Kataria, Mr Sanjay Kataria, Anil Kataria HUF, Vikas Ratanlal Kataria HUF, Santosh Ratanlal Kataria HUF, Sanjay Manoharlal Kataria HUF, Rajesh Manoharlal Kataria HUF, Manoharlal Pannalal Kataria HUF

DP Abhushan IPO details

Subscription Dates9 - 11 October 2017
IPO Price bandINR28 per share
Fresh issue 5,932,000 shares (INR16.61 crore)
Offer for sale Nil
Total IPO size5,932,000 shares (INR16.61 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform

DP Abhushan's financial performance (in INR crore)

FY2013FY2014FY2015FY2016FY2017
Total revenue369.0409.4459.9488.2453.7
Total expenses355.9405.9456.9484.0446.1
Profit after tax10.42.11.33.24.9

DP Abhushan Contact Details

DP Abhushan Limited
19, Chandani Chowk
Ratlam
Ratlam - 457001, Madhya Pradesh

Phone: +91 7412 490966
Email: [email protected]
Website: www.dpjewellers.com

DP Abhushan IPO Subscription Details

Day

Subscription (no. of times)

Day 10.91
Day 21.85
Day 339.40

 

DP Abhushan Valuation (latest FY)

Earnings Per Share (EPS): INR2.99

Price/Earnings (P/E) ratio: 9.32

Return on Net Worth (RONW): 22.78%

Net Asset Value (NAV): INR13.13 per share

Registrar of DP Abhushan IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

DP Abhushan IPO Allotment Status

DP Abhushan IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

LISTING PERFORMANCE OF DP Abhushan IPO

IPO Opening Date: 9 October 2017

IPO Closing Date: 11 October 2017

Listing Date: 23 October 2017

Listing Price on NSE SME: INR33.6 per share (up 20% from IPO price)

Closing Price on NSE SME: To be updated

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