Dhyaani Tile IPO GMP, Review, Price, Allotment

Dhyaani Tile IPO description – The company is engaged in the business of trading of vitrified tiles used primarily for flooring solutions. It commenced this business in year 2019, upon takeover of the business from the earlier promoters. Prior to this, the company was engaged in the business of trading of agro commodities.

The company’s business operations are broadly divided into two product categories:

Double Charge Vitrified Tiles: Double charge vitrified tiles are tiles that are fed through a press which prints the pattern with a double layer of pigment, 3 to 4 mm thicker than other types of tiles. This process does not permit complex patterns but results in a long-wearing tile surface, suitable for heavy traffic commercial projects.

Glazed Vitrified Tiles: Glazed vitrified tiles are flat slabs manufactured from ceramic materials such as clay, feldspar and quartz and other additives and fired at high temperatures to ensure high strength and low water absorption. These tiles are coated with glaze materials prior to the firing process.

The company has a distribution network of around 40 traders spread across various states.

Promoters of Dhyaani Tile and Marblez – Chintan Nayan Bhai Rajyaguru

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Dhyaani Tile IPO Details

Subscription Dates	30 March – 4 April 2022
Price Band	INR51 per share
Fresh issue	4,80,000 shares (INR2.45 crore)
Offer For Sale	Nil
Total IPO size	4,80,000 shares (INR2.45 crore)
Minimum bid (lot size)	2,000 shares
Face Value	INR10 per share
Retail Allocation	50%
Listing On	BSE SME

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Dhyaani Tile’s Financial Performance

	FY2019	FY2020	FY2021	H1 FY2022
Revenue	935.6	712.8	1,511.3	1,041.3
Expenses	922.4	722.6	1,474.8	1,009.9
Net income	9.8	(7.3)	27.0	24.3

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Dhyaani Tile Offer News

• Dhyaani Tile RHP
• Dhyaani Tile Draft Prospectus

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Dhyaani Tile Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR2.59
Pre-IPO Price/Earnings (PE ratio): 19.67
Return on Net Worth (RONW): 78.99%
Net Asset Value (NAV): INR12.47 per share

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Dhyaani Tile IPO GMP Daily Trend

Date	Dhyaani Tile IPO GMP	Kostak	Subject to Sauda

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Dhyaani Tile IPO Subscription – Live Updates

Category	Non-retail	Retail	Total
Shares Offered	2,40,000	2,40,000	4,80,000
Day 1	0.68	0.26	0.47
Day 2	0.93	0.65	0.79
Day 3	0.93	0.78	0.85
Day 4	1.86	2.24	2.05

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Dhyaani Tile Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

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Dhyaani Tile Contact Details

Dhyaani Tile and Marblez Limited
420, Times Square Arcade,
Opp. Rambaug, Thaltej-Shilaj Road,
Ahmedabad – 380059
Phone: +91 079-41005865
Email: [email protected]
Website: www.dhyaaniinc.com

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Dhyaani Tile IPO Allotment Status

Dhyaani Tile IPO allotment will be available on KFin Technologies’ website. Click on this link to get allotment status.

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Dhyaani Tile IPO Timetable

IPO Opening Date	30 March 2022
IPO Closing Date	4 April 2022
Finalisation of Basis of Allotment	7 April 2022
Initiation of refunds	8 April 2022
Transfer of shares to demat accounts	11 April 2022
Listing Date	12 April 2022
Opening Price on BSE	INR52.25 per share (up 2.45% from IPO price)
Closing Price on BSE	INR54.80 per share (up 7.45% from IPO price)

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Dhyaani Tile IPO FAQs