Dolfin Rubbers IPO

Dolfin Rubbers IPODolfin Rubbers IPO Description - Dolfin Rubbers is engaged in manufacturing of Auto and Animal Driven Vehicle (ADV) tubes supporting the tyre industry near Ludhiana (Punjab). Its range of rubber tubes, suitable for tyres of various types of vehicles viz., Mopeds, Scooters, Motorcycles, Cars, Jeeps, Buses, Trucks and Tractors with the use of Butyl rubber.

The company was incorporated on 12 October 1995 and it started manufacturing tubes in the year 1997. Its registered office is located at 79/l, Block-H, Sarabha Nagar, Ludhiana- 141001, Punjab and it carries out production through its manufacturing unit situated at Village Gaunspur, Humbran-·141102, Ludhiana, Punjab. The company has established distribution network across India. It has presence in 27 states and union territories in India through distributors who assist it in supplying its products to a wide network of retail suppliers.

Promoters of Dolfin Rubbers – Kawaljit Singh and Ratinder Kaur
Dolfin Rubbers IPO details
Subscription Dates 27 September - 1 October 2018
IPO Price band INR26 per share
Fresh issue 2,000,000 shares (INR5.20 crore)
Offer for sale Nil
Total IPO size 2,000,000 shares (INR5.20 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Working Capital Requirements- INR3.67 crore
  • General Corporate Purpose - INR1 crore
  • Issue Expenses - INR0.53 crore
Dolfin Rubbers' financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 10M FY2018
Total revenue 25.0 28.6 32.6 40.9 43.1 42.2
Total expenses 24.3 27.7 31.7 39.8 41.9 40.9
Profit after tax 0.50 0.57 0.67 0.53 0.70 1.03
Dolfin Rubbers' Contact Details

Dolfin Rubbers Limited
79/1, Block-H
Sarabha Nagar
Ludhiana Punjab 141002

Phone: +91 0161 5031030
Email: dolfintube@gmail.com
Website: www.dolfin.co.in

Dolfin Rubbers IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.13
Day 2 0.52
Day 3 1.18

 

Dolfin Rubbers Valuation (For FY2017)

Earnings Per Share (EPS): INR1.26

Price/Earnings (P/E) ratio: 20.63

Return on Net Worth (RONW): 11.28%

Net Asset Value (NAV): INR11.17 per share

Registrar of Dolfin Rubbers 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:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Dolfin Rubbers IPO Allotment Status

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

Listing performance of Dolfin Rubbers

IPO Opening Date: 27 September 2018

IPO Closing Date: 1 October 2018

Listing Date: 10 October 2018

Listing Price on BSE SME: INR27.5 per share (up 5.77% from IPO price)

Closing Price on BSE SME: INR27.05 per share (up 4.04% from IPO price)

Dolfin Rubbers IPO
2 (40%) 1 vote

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