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Ducol Organics & Colours Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Ducol Organics & Colours Ltd IPO

Registered Office: Office No 302 Express Building,14-E Road Churchgate , Mumbai - 400020 , Maharashtra , India.
Phone : 91-22-4608 2353   Fax:
Email :  ipo@ducol.com  
Website :  www.ducol.com
Public issue of 40,40,000 equity shares of face value of (Rs)10.00 each of Ducol Organics and Colours Limited ("The Company" or "The Isuer") for cash at a price of (Rs)78.00 per equity share (including a share premium of (Rs)68.00 per equity share) ("Issue Price") aggregating to (Rs)31.51 crores ("The Issue"). of the issue, 4,01,600 equity shares aggregating to (Rs)3.13 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 36,38,400 equity shares of face value of (Rs)10.00 each at an issue price of (Rs)78.00 per equity share aggregating to (Rs)28.38 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.79% and 25.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10.00 each and the issue price of (Rs)78.00 is 7.80 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Jan-23 11-Jan-23 (Rs)78.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 30.71
First Overseas Capital Ltd
Project Financed through Current Offer 31.51  
Post Issue Equity Share Capital 14.54  
Issue Price (Rs)78.00  
 
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Aamer Ahmed Farid  
Hani Ahmed Farid  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd