Last updated on January 31, 2023
DHARNI Capital IPO description – Incorporated in 2015, Dharni Capital Services is engaged in providing a variety of financial services. The company offers diversified financial services such as Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, Technical Consultancy and Outsourcing.
It offers a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. The company is a growing Mutual Fund distributor in terms of commission and average asset under managements (AAUM) with a CAGR of 109% and 86% respectively for the three-year period ending FY 2022.
The company has clients from 11+ states, 300+ clients, and INR 200 crore AUM as on March 2022. As on 30 September 2022, and 31 March 2022, its assets under management from the mutual fund distribution business (‘AUM’) stood at INR 53.79 crore and INR 63.67 crore respectively.
Promoters of Dharni Capital – Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi
DHARNI Capital IPO Details
| DHARNI Capital IPO Dates | 18 – 20 January 2023 |
| DHARNI Capital IPO Price | INR 20 per share |
| Fresh issue | 53,70,000 shares (INR 10.74 crore) |
| Offer For Sale | Nil |
| Total IPO size | 53,70,000 shares (INR 10.74 crore) |
| Minimum bid (lot size) | 6,000 shares (INR 1,20,000) |
| Face Value | INR 1 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
DHARNI Capital Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 19.78 | 255.41 | 1,465.28 | 296.94 |
| Expenses | 18.83 | 235.88 | 1,340.53 | 226.58 |
| Net income | 1.34 | 15.26 | 96.58 | 58.73 |
| Margin (%) | 6.77 | 5.97 | 6.59 | 19.78 |
DHARNI Capital Offer News
DHARNI Capital Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.34 | 15.26 | 44.71 |
| PE ratio | 14.93 | 1.31 | 5.46 |
| RONW (%) | (32.60) | 136.74 | 42.60 |
| NAV | (4.11) | 11.16 | 1.51 |
| EBITDA (%) | 23 | 8.57 | 9.17 |
DHARNI Capital IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
| Coming soon | – | – | – |
DHARNI Capital IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 2,685,000 | 2,685,000 | 5,370,000 |
| 20 Jan 2023 | 6.00 | 6.48 | 6.24 |
| 19 Jan 2023 | 3.01 | 1.74 | 2.37 |
| 18 Jan 2023 | 2.64 | 0.69 | 1.66 |
DHARNI Capital Offer Lead Manager
SRUJAN ALPHA CAPITAL ADVISORS LLP
824 & 825 , Corporate Avenue
Sonawala Road , Goregaon (E)
Mumbai – 400063
Phone: +91 2246030709
E-mail: [email protected]
Website: www.srujanalpha.com
DHARNI Capital Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”,
#1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com
DHARNI Capital Contact Details
DHARNI CAPITAL SERVICES LIMITED
226, Brigade Metropolis Arcade
Whitefield Main Road, Garudacharpalya
Bangalore 560048, Karnataka
Phone: +91 9945164270
Email: [email protected]
Website: www.dharnigroup.com
DHARNI Capital IPO Allotment Status
DHARNI Capital IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
DHARNI Capital IPO Dates & Listing Performance
| DHARNI Capital IPO Opening Date | 18 January 2023 |
| DHARNI Capital IPO Closing Date | 20 January 2023 |
| Finalisation of Basis of Allotment | 25 January 2023 |
| Initiation of refunds | 27 January 2023 |
| Transfer of shares to demat accounts | 30 January 2023 |
| DHARNI Capital IPO Listing Date | 31 January 2023 |
| Opening Price on BSE | INR 21 per share (up 5%) |
| Closing Price on BSE | INR 20.25 per share (up 1.25%) |
DHARNI Capital IPO FAQs
What is DHARNI Capital offer size?
DHARNI Capital offer size is INR 10.74 crore.
What is DHARNI Capital IPO Price Band?
DHARNI public offer price is INR 20 per share.
What is the lot size of DHARNI IPO?
DHARNI Capital offer lot size is 6,000 shares.
What is DHARNI IPO GMP today?
DHARNI Capital IPO GMP today is INR NA per share.
What is DHARNI kostak rate today?
DHARNI Capital kostak rate today is NA per application.
What is DHARNI Subject to Sauda rate today?
DHARNI Capital Subject to Sauda rate today is INR NA per application.
