Dhanuka Realty IPO -Price, Date, Details, Allotment, Listing

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The IPO of the company is expected to get listed recently on the SME platform of the National Stock Exchange Limited. The investor can check important and relevant information about Dhanuka Realty IPO as Price band and Dates as well as company profile, Allotment Status, Listing Dates etc. The company has already filed a Draft Prospectus which is approved by the regulatory firm ‘SEBI’. Opening date of IPO is placed for 30 September,2016 with a price band of Rs.10 Per Equity Share. The lot size is set for 3000 equity shares. ASBA (Application supported by Blocked Amount) is only a source for the application while applying. A Retail investor can apply maximum Rs. 2 lacs i.e. value of the applied application. The public offering of the IPO consists 10,56, 000 Equity shares with a worth of Rs. 4.22 crore at a cash price of Rs. 40 per equity share.

Company Profile:

The Company was incorporated on January 18, 2008, based in Jaipur, India. Dhanuka Realty Limited deals as a real estate development and construction company. Initially, it was working only on the development of residential projects in Jaipur. The firm has successfully handed over its first residential project i.e. ‘Sunshine Orchid’ which included 16 residential flats of 2 BHK with total sq. ft built up area of 20253.18 Sq Ft in 2010. The firm is one of the subsidiary of Dhanuka group which is assigning construction contracts to the company for the purpose to develop the residential projects. It has recently delivered two residential projects namely Sunshine Shalimar and Sunshine Krishna 3. Further, the firm is focusing on its two ongoing projects. It works for third party contractors as well. The company leads ahead to the construction work on the site including quality control, site management, work scheduling, bar charting, construction time lining etc. followed by strong supervision along with its management.

Outlook of the Firm:

Well Establishment in Jaipur;
Famous as a reliable brand name and image;
Offer Quality Construction;
Good and Knowledgeable Management Team

Objects Of The Issue:

Working capital requirement;
For issue expense;
General Corporate Purpose.

Summary Of Dhanuka Realty IPO

Issue Open:-	30th September to 6th October 2016
Issue Type	Fixed Price Issue IPO
Issue Size (Shares)	[1,056,000]Equity Shares of Rs. 10
Issue Size in (Value)	Rs. 4.22 Crore
Face Value	Rs. 10 Per Equity Share
Issue Price	Rs. 40 Per Equity Shares
Market lots	Rs. 3000 Shares
Minimum Order Quantity	Rs. 3000 Shares
Listing At	NSE SME

The Public offer includes:-1,056,000 Equity Shares

Dhanuka Realty IPO Allotment Status

Dhanuka Realty IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

Click on the given link See Allotment Status here
Go to Application Status
Select IPO as Dhanuka Realty Limited IPO
Enter you PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.

The Shares of Dhanuka Realty are likely to be listed as on October 14,2016 on both NSE SME.

Promoters Of the Company:

1) Mr. Girish Chandra Dhanuka :- He is 49 years old. He is chairman & whole time director of the company.

2) Mr. Yogesh Dhanuka:- He is 40 years old. He is managing director of the company

Financials:

Particulars		For the year/Period ended (amount in 000′ Rs.)
Financial Year	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Liabilities	89705	69951	51603	20947	5499
Total Assets	89705	69951	51603	20947	5499
Total Revenue	173097	134570	76037	17002	35
Total Expenses	164902	131869	74520	16487	(12)
Profit After Tax (PAT)	5663	1860	1027	356	23