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Open
2 May 2016
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Close
11 May 2016
3
Allotment
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Listing
Thu, May 19, 2016
Price Band
₹60 per share
Issue Size
12,56,000 shares (agg. up to ₹8 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, May 19, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.11x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Patdiam Jewellery Ltd. | SME | ₹5.00 Cr | ₹38 | null | ₹58.25 | +53.29% | ₹234.00 (-7.14%) |
| Mishka Exim Ltd. | SME | ₹5.45 Cr | ₹10 | null | ₹13.50 | +35.00% | ₹39.96 (+0.15%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital | 5.74 |
| 2 | General Corporate Expenses | 1.42 |
| 3 | Issue Expenses | 0.38 |
About Darshan Orna IPO
Incorporated in 2011, Darshan Orna Ltd (DOL) is a Small and Medium Enterprise (SME) engaged in the Gold & Silver Jewellery and Ornaments Business. The Company started its commercial operations as a Wholesaler and Trader of Gold and Silver Jewelries and Ornaments by setting a unit in Manek Chowk area of Ahmedabad in North Gujarat, which is known as a hub of Gold & Silver Market. Company's portfolio comprises Traditional Jewellery, Indo-Western Jewellery & Modern Jewellery. DOL's Jewelries and Ornaments are designed keeping in mind the demand of various customers coming from diverse cultures and age groups. Over the last couple of years, the company has achieved tremendous growth in sales. The company sources its raw material from its suppliers. Over the years, the company has built up a credible sales-force to market its jewelries in Ahmedabad. + Read More
Contact Details
Darshan Orna Ltd. Address2018/1, First Floor, Nr.Rupa Surchand Ni PoleM.G.Haveli RoadManek ChowkAhmedabad, Gujarat, 380001+91 79 22142568info@darshanorna.comVisit Website