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D.P.Abhushan IPO IPO

Mainline9 Oct 201711 Oct 2017
Open
9 Oct 2017
Close
11 Oct 2017
3
Allotment
Listing
Mon, Oct 23, 2017
Price Band
₹28 per share
Issue Size
59,32,000 shares (agg. up to ₹17 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 23, 2017
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total41.45x

Restated Financials (₹ Cr.)

Period Ended01 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets146.19138.45144.80115.80
Total Income75.90453.71488.22459.89
Profit After Tax0.804.883.251.31
NET Worth22.2421.4316.9216.13
Total Borrowing98.5793.5194.1774.64
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Sagar Diamonds Ltd.SME₹15.21 Cr₹45120.05₹35.00-22.22%₹13.00 (+0.00%)
Bhakti Gems & Jewellery Ltd.SME₹3.92 Cr₹20null₹20.05+0.25%₹30.43 (+4.89%)
Super Fine Knitters Ltd.SME₹4.08 Cr₹12null₹12.60+5.00%₹7.91 (+4.91%)
Veeram Ornaments Ltd.SME₹5.12 Cr₹45null₹46.00+2.22%₹10.08 (+0.00%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet Working Capital Requirements14.50
2To meet General Corporate Expenses1.32

About D.P.Abhushan IPO

D.P. Abhushan Ltd. (DPAL) is engaged in the retail business of various jewelleries and ornaments made out of gold, diamonds and platinum studded with precious and semi-precious stones. Company’s product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewellery.Currently they have four showrooms under the "D.P. Jewellers" brand located in four different cities of India i.e. Ratlam, Indore, Bhopal and Udaipur. All of these showrooms are operated and managed by it, and has been taken on rental basis. Further, it has plans to expand its retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17, for which it has purchased area comprising of 10,395 sq ft. at DNR 90, Mahatama Gandhi Marg, Yashwant Niwas Road, Indore.The manufacturing of jewellery products are done through job work from third parties. Further, DPAL also purchases readymade jewellery from independent jewelers. It has also entered into an agreement dated May 05, 2015 with R.S. Diamonds Private Limited for sale of diamond jewelleries under brand of “Divine Solitaires” from its retail outlets.DPAL has also ins

Contact Details

D.P.Abhushan Ltd. Address138, Chandani ChowkRatlam, Madhya Pradesh, 457001+91-7412- 490966dpj@dpjewellers.comVisit Website