DK Enterprises IPO description – The company is mainly engaged in manufacturing of Paper Based Packing Material, Self Adheshive Tapes (specialty tapes likes Masking, Siliconized, Medical and Surface protection Tapes), Laminated Products and flexible Packaging. The company is ISO 9001:2015, 45001:2018 certified and works almost exclusively with major multinational corporations in consumer space.
The company took over Mrs Rekha Bansal’s 20 years old proprietorship concern including all its movable assets, current assets and liabilities of manufacturing facilities of Panchkula and Vadodara in May 2019.
The company plans to set up new manufacturing facilities at Baddi in Himachal Pradesh for manufacturing of Clear/Printed Bopp Tape, Masking/specialty tapes and Laminated Products. It also proposes to install machinery at Vadodara (Unit II) for manufacturing of Clear/Printed Bopp Tape, Masking/specialty tapes and Laminated Products. The company also holds 80% stake in partnership firm namely M/s. Satguru Engravures which is engaged in manufacturing and sale of Soap Stiffners, Soap Wrappers, Banding BOPP Tapes, Laminates etc. and its manufacturing facility is located in Baddi, Solan, Himachal Pradesh.
Promoters of DK Enterprises – Mr Rakesh Kumar, Mrs Rekha Bansal and Mr Dhruv Rakesh
DK Enterprises IPO details
| Subscription Dates | 7 – 12 October 2021 |
| Price Band | INR40 per share |
| Fresh issue | 1,998,000 shares (INR8 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,998,000 shares (INR8 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
DK Enterprises Financial Performance (in INR crore)
| Â | FY2020 | FY2021 | Q1 FY2022 |
| Revenue | 45.55 | 64.96 | 19.13 |
| Expenses | 43.48 | 61.92 | 17.84 |
| Net income | 1.50 | 2.44 | 1.00 |
More about DK Enterprises Public Offer
DK Enterprises IPO Review – Packaging Success?
DK Enterprises IPO RHP
DK Enterprises DRHP
DK Enterprises IPO Allotment Status
Registrar of DK Enterprises Offer
Skyline Financial Services Pvt Ltd
A/505, Dattani Plaza,
Andheri Kurla Road Safeed Pool
Andheri (E), Mumbai- 400072
Maharashtra, India
Phone: +91 22 2851Â 1022
Email:Â [email protected]
Website: www.skylinerta.com
DK Enterprises Contact Details
DK Enterprises Global Limited
Plot No-235 Industrial Area Phase-2 Panchkula Haryana 134109
Phone:Â +91 172 259 1548
Email:Â [email protected]
Website:Â www.dkenterprises.co.in
Valuation of DK Enterprises (as of FY2021)
Earnings Per Share (EPS): INR5.91
Price/Earnings (PE ratio): 6.76
Return on Net Worth (RONW): 30.57%
Net Asset Value (NAV): INR14.48 per share
DK Enterprises IPO GMP Daily Trend
| Date | DK Enterprises IPO GMP | Kostak | Subject to Sauda |
DK Enterprises IPO Subscription Details (no. of times)
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,050,000 | 948,000 | 1,998,000 |
| Day 1 | 0.18 | 0.71 | 0.44 |
| Day 2 | 0.45 | 3.31 | 1.81 |
| Day 3 | 0.75 | 7.04 | 3.88 |
| Day 4 | 6.71 | 17.58 | 11.86 |
DK Enterprises Offer Allotment Status
DK Enterprises IPO allotment is now available on Skyline Financial Services’ website. Click on this link to get allotment status.Â
Listing Performance of DK Enterprises
IPO Opening Date: 7 October 2021
IPO Closing Date: 12 October 2021
Finalisation of Basis of Allotment: 18 October 2021
Initiation of refunds: 20 October 2021
Transfer of shares to demat accounts: 20 October 2021
Listing Date: 22 October 2021
Opening Price on NSE: INR42 per share (up 5% from IPO price)
Closing Price on NSE: INR43.3 per share (up 8.25% from IPO price)
DK Enterprises IPO FAQs
What are investors portions in DK Enterprises Offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in DK Enterprises Public Offer?
The best way to apply in DK Enterprises IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is DK Enterprises Offer Size?
DK Enterprises offer size is INR8 crores.
What is DK Enterprises IPO Price Band?
DK Enterprises IPO Price is INR40 per share.
What is the lot size of DK Enterprises IPO?
DK Enterprises IPO lot size and the minimum order is 3,000 shares.
