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Modi’s Navnirman Limited IPO

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Modi's Navnirman Limited IPO

Modi’s Navnirman Limited (IPO) Incorporated in 2015. It is a real estate company. The company is engaged in construction services. Modi’s Navnirman business model focuses on designing and developing products to address consumer needs across price points.

Currently, the company has 2 Ongoing and 2 upcoming residential projects and 3 Ongoing and 3 upcoming Residential-cum-Commercial projects.

Modi’s Navnirman’s all the completed, ongoing and upcoming projects are located in Mumbai. The company’s project names begin with the word “Rashmi” (such as “Rashmi Sadhna”, “Rashmi Sheela” “Rashmi Terrace”, etc).


Competitive Strengths:

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  • Experienced Management Team.
  • Established brand and reputation.
  • Proven execution capabilities.
  • Strong project pipeline providing cash flow visibility

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SME IPO

Gayatri Rubbers and Chemicals IPO

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Gayatri Rubbers and Chemicals IPO Review

Gayatri Rubbers and Chemicals IPO | Formally incorporated in 2022 only, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.

These rubber products are then supplied to dealers including Banco, Nalco, and Jindal in the aluminum sector and the agents of Motherson Sumi in addition to state transport in the automobile sector. The rubber compounds are used by various manufacturers and OEMs of rubber products.

Broadly, Gayatri Rubbers and Chemicals is a manufacturer of:

  • Rubber profiles
  • Rubber compounds
  • Auto glass rubber
  • Sponge rubber for heavy industries

The promoter of the company Mr. Manoj Kumar Aggarwal possesses over 2 decades of experience in the industry and the company is nurturing under his direct guidance.

Gayatri Rubbers undertakes its manufacturing operations from the manufacturing unit located in Ballabhgarh spread in total area of 3 floors each having an area of approximately 4500 sq. ft.

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Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20597.65656.916.7523.567.870
31-Mar-21556.561563.0814.53171.5222.390
31-Mar-22497.771673.7381.01155.41103.4263.4
31-Dec-22898.471664.8454.81462.1941.1978.97
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objects: –

  1. To meet the working capital requirements of the Company;
  2. General Corporate Purpose; and
  3. To meet the Issue Expenses

Gayatri Rubbers and Chemicals IPO Details

IPO DateJan 25, 2023 to Jan 30, 2023
Face Value₹10 per share
Price₹30 per share
Lot Size4000 Shares
Issue Size1,528,000 shares of ₹10
(aggregating up to ₹4.58 Cr)
Fresh Issue1,528,000 shares of ₹10
(aggregating up to ₹4.58 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the Net Offer
Retail Shares Offered50% of the Net Offer
Company PromotersMr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the company.

Gayatri Rubbers and Chemicals IPO Tentative Timetable

Gayatri Rubbers and Chemicals IPO opens on Jan 25, 2023, and closes on Jan 30, 2023. The Gayatri Rubbers and Chemicals IPO bid date is from Jan 25, 2023 10.00 A.M. to Jan 30, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 25, 2023
Closing DateJan 30, 2023
Basis of AllotmentFeb 2, 2023
Initiation of RefundsFeb 3, 2023
Credit of Shares to DematFeb 6, 2023
Listing DateFeb 7, 2023

Gayatri Rubbers and Chemicals IPO Lot Size

The Gayatri Rubbers and Chemicals IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).

ApplicationLotsSharesAmount
Retail (Min)14000₹120,000
Retail (Max)14000₹120,000
HNI (Min)28,000₹240,000

Gayatri Rubbers and Chemicals IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.37%

Gayatri Rubbers and Chemicals IPO Prospectus

Company Contact Information

Gayatri Rubbers and Chemicals Limited
Plot No. 11, Gali No. 3,
Opp. Beri Ka Bagh, Malerna Road Ballabhgarh,
Faridabad – 121004
Phone: +91 9766935377
Email: [email protected]
Websitehttps://gayatrirubberchemicals.com/

Gayatri Rubbers and Chemicals IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: [email protected]
Websitehttps://www.skylinerta.com/

Gayatri Rubbers and Chemicals IPO Review

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Gayatri Rubbers and Chemicals IPO Lead Manager(s)

  1. Khambatta Securities Limited
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SME IPO

Earthstahl & Alloys IPO

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Earthstahl-Alloys-IPO-Review

Earthstahl & Alloys IPO | Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps manufactured by the company are then used in the form of raw material to manufacture products like cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products.

The other primary product of the company, i.e., Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes.

The manufacturing unit of Earthstahl & Alloys Limited is located in the village of Duldula nearby Raipur, Chhattisgarh, and is spread across an area of around 4.73 hectares of land.

Alongside the efficient manufacturing and delivery of Cast iron Lumps and Ductile iron pipe fittings, the entity is also expanding its horizon by producing parts or components of plant and machinery with the help of foam molds. These products include Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, and Railway & Ductile Iron Pipes Fittings.

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Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202990.733181.58-33.4944.24200.221733.71
31-Mar-212817.232457.53267.31311.55467.531396.82
31-Mar-223592.614907.54745.481057.031213.011399.97
30-Sep-224303.344824.68580.471637.51793.481092.93
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.)
  2. To meet Working Capital requirements
  3. General Corporate Purpose
  4. To meet issue expenses

Earthstahl & Alloys IPO Details

IPO DateJan 27, 2023 to Jan 31, 2023
Face Value₹10 per share
Price₹38 to ₹40 per share
Lot Size3000 Shares
Issue Size3,240,000 shares of ₹10
(aggregating up to ₹12.96 Cr)
Fresh Issue3,240,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
QIB Shares Offered30% of the Net Issue
NII (HNI) Shares Offered35% of the Net Issue
Retail Shares Offered35% of the Net Issue
Market MakerHEM SECURITIES LTD.
Company PromotersRavi Thakurdasji Laddha, Rajesh Somani, Prawin Somani and Padam Kumar Jain are the promoters of the company.

Earthstahl & Alloys IPO Tentative Timetable

Earthstahl & Alloys IPO opens on Jan 27, 2023, and closes on Jan 31, 2023. The Earthstahl & Alloys IPO bid date is from Jan 27, 2023 10.00 A.M. to Jan 31, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 27, 2023
Closing DateJan 31, 2023
Basis of AllotmentFeb 3, 2023
Initiation of RefundsFeb 6, 2023
Credit of Shares to DematFeb 7, 2023
Listing DateFeb 8, 2023

Earthstahl & Alloys IPO Lot Size

The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

ApplicationLotsSharesAmount
Retail (Min)13000₹120,000
Retail (Max)13000₹120,000
HNI (Min)26,000₹240,000

Earthstahl & Alloys IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.53%

Earthstahl & Alloys IPO Prospectus

Company Contact Information

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: [email protected]
Websitehttp://www.earthstahl.com/

Earthstahl & Alloys IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

Earthstahl & Alloys IPO Lead Manager(s)

  1. Hem Securities Limited 
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SME IPO

Transvoy Logistics India IPO

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Transvoy Logistics India IPO Review

Transvoy Logistics India IPO | Incorporated in 2015, Transvoy Logistics India Limited is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading.

Transvoy Logistics India operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore. They maintain highest quality in the service and strive at satisfying the requirements of the customers.

The customers of the company are catered in the following horizons-

  1. Freight Forwarding
  2. Customs Clearance
  3. Allied Logistics and Transportation Services

Transvoy also operates through its wholly-owned subsidiary Aashirvad Shipping & Allied Private Limited (ASAPL) which offers custom clearing services. Recently, Transvoy Logistics India Limited formed another company in Singapore with the name Transvoy Logistics PTE. Ltd engaged in the non-vessel owning common carrier (NVOCC) services.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
25-Nov-22826.061083.0735.67230.69211.32
Amount in ₹ Lakhs

Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

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  1. To Meet Working Capital Requirements
  2. Investment in Subsidiary for Purchase of Containers
  3. General Corporate Purpose
  4. To meet Public Issue Expenses

Transvoy Logistics India IPO Details

IPO DateJan 20, 2023 to Jan 24, 2023
Face Value₹10 per share
Price₹71 per share
Lot Size1600 Shares
Issue Size720,000 shares of ₹10
(aggregating up to ₹5.11 Cr)
Fresh Issue720,000 shares of ₹10
(aggregating up to ₹5.11 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of Net Issue
Retail Shares Offered50% of Net Issue
Market MakerSUNFLOWER BROKING PVT. LTD.
Company PromotersMr. Ravindrakumar Kumarchandra Joshi, Mr. Naitik Ravindrakumar Joshi and Mrs. Dipti Ravindrabhai Joshi are the promoters of the company.

Transvoy Logistics India IPO Tentative Timetable

Transvoy Logistics India IPO opens on Jan 20, 2023, and closes on Jan 24, 2023. The Transvoy Logistics India IPO bid date is from Jan 20, 2023 10.00 A.M. to Jan 24, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 20, 2023
Closing DateJan 24, 2023
Basis of AllotmentJan 30, 2023
Initiation of RefundsJan 31, 2023
Credit of Shares to DematFeb 1, 2023
Listing DateFeb 2, 2023

Transvoy Logistics India IPO Lot Size

The Transvoy Logistics India IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹113,600).

ApplicationLotsSharesAmount
Retail (Min)11600₹113,600
Retail (Max)11600₹113,600
HNI (Min)23,200₹227,200

Transvoy Logistics India IPO Promoter Holding

Pre Issue Share Holding97.94%
Post Issue Share Holding71.46%

Transvoy Logistics India IPO Prospectus

  •   ›  RHP

Company Contact Information

Transvoy Logistics India Limited
B-504, Mondeal Heights, B/S Novotel Hotel,
S.G. Highway,
Ahmedabad -380015
Phone: 079 – 29705456
Email: [email protected]
Websitehttp://www.transvoy.com/

Transvoy Logistics India IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

Transvoy Logistics India IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd
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SME IPO

Dharni Capital Services IPO

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DHARNI Capital Services IPO Review

Dharni Capital Services IPO | Incorporated in 2015, Dharni Capital Services Limited is engaged in providing a variety of financial services. They offer their distinct services to the customers in the form of:

  • Mutual Fund Distribution Services
  • Fixed Deposit Distribution Services
  • Real Estate Brokerage Services
  • Technical Consultancy and Outsourcing

The company has clients from 11+ states, 300+ clients, and 200 Crore AUM as on March 2022.

The company closely works with individual clients to understand their profile, their requirements, and concerns, and thereupon build customized financial investment portfolios. These portfolios offer a comprehensive selection of investment alternatives.

Dharni Capital Services offers a financial services platform for financial product distribution and has a presence across both online and offline channels.

The company is promoted and nurtured under the leadership of Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi since its incorporation.

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Dharni Capital Services hold AMFI Registration number ARN-144504. The entity is an empaneled distributor with ICICI Prudential Mutual Fund, SBI Mutual Fund, Axis Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Aditya Birla Sunlife Mutual Fund, Nippon Mutual Fund, UTI Mutual Fund, and many other entities.

As on September 30, 2022, and March 31, 2022, the assets under management from the mutual fund distribution business (“AUM”) stood at Rs 5,379.30 Lakhs and Rs 6,367.60 Lakhs respectively.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-2019.1619.871.34-4.1122.48
31-Mar-2125.35255.4115.2611.169.35
31-Mar-22245.241469.496.58226.740
30-Sep-22292.91304.9558.73285.740
Amount in ₹ Lakhs

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Investment in a Wholly-owned Subsidiary Company; and
  2. General corporate purposes.

DHARNI Capital Services IPO Details

IPO DateJan 18, 2023 to Jan 20, 2023
Face Value₹1 per share
Price₹20 per share
Lot Size6000 Shares
Issue Size5,370,000 shares of ₹1
(aggregating up to ₹10.74 Cr)
Fresh Issue5,370,000 shares of ₹1
(aggregating up to ₹10.74 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
P/E (x)34.48
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerSUNFLOWER BROKING PVT. LTD.
Company PromotersMr. Hemant Dharnidharka and Mrs. Preeti Saraogi are the promoters of the company.

DHARNI Capital Services IPO Tentative Timetable

DHARNI Capital Services IPO opens on Jan 18, 2023, and closes on Jan 20, 2023. The DHARNI Capital Services IPO bid date is from Jan 18, 2023 10.00 A.M. to Jan 20, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 18, 2023
Closing DateJan 20, 2023
Basis of AllotmentJan 25, 2023
Initiation of RefundsJan 27, 2023
Credit of Shares to DematJan 30, 2023
Listing DateJan 31, 2023

DHARNI Capital Services IPO Lot Size

The DHARNI Capital Services IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

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ApplicationLotsSharesAmount
Retail (Min)16000₹120,000
Retail (Max)16000₹120,000
HNI (Min)212,000₹240,000

DHARNI Capital Services IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.64%

DHARNI Capital Services IPO Review

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DHARNI Capital Services IPO Prospectus

Company Contact Information

DHARNI Capital Services Limited
226, Brigade Metropolis Arcade,
Whitefield Main Road, Garudacharpalya,
Bangalore – 560048
Phone: +91 9945164270
Email: [email protected]
Websitehttp://www.dharnicapital.com/

DHARNI Capital Services IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: [email protected]
Websitehttps://ipo.cameoindia.com/

DHARNI Capital Services IPO Lead Manager(s)

  1. Srujan Alpha Capital Advisors LLP
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SME IPO

Aristo Bio-Tech and Lifescience IPO

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Aristo Bio-Tech and Lifescience IPO Review

Aristo Bio-Tech and Lifescience IPO | incorporated in 2005, Aristo Bio-Tech and Lifescience Limited is an agrochemical company. They are mainly engaged in the manufacturing, formulation, supplying, packaging, and job work services of various Pesticides.

They deliver their products in India as well as engage in exporting products like Insecticides, Herbicides, Fungicides, Plant Growth Regulators, and a wide variety of other Agrochemicals.

The industry Aristo Bio-Tech and Lifescience is engaged in, is a wide canvas full of possibilities where the entities deal in the production and distribution of pesticides and fertilizers. All these entities contribute towards enhancing crop yields and their quality.

Aristo Bio-Tech and Lifescience are delivering their products in over 20 states of India. Also, the offerings are extended to over 15 countries, including Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, UAE, Ukraine, and Vietnam.

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The company is ISO 9001: 2015 certified for their Quality Management System. Following are the products of Aristo:

  • Herbicides/Weedicides
  • Fungicides
  • Plant Growth Regulator
  • Insecticides

Alongside undertaking manufacturing operations, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-208785.1220123.94100.741230.51
31-Mar-218141.7316722.96107.571338.08
31-Mar-227700.1616603.29146.171484.25
30-Sep-2210869.1412907.49258.91743.15
Amount in ₹ Lakhs

Objects of the Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To Meet Working Capital Requirement
  2. General Corporate Purpose
  3. To Meet the Issue Expenses

Aristo Bio-Tech and Lifescience IPO Details

IPO DateJan 16, 2023 to Jan 19, 2023
Face Value₹10 per share
Price₹72 per share
Lot Size1600 Shares
Issue Size1,812,800 shares of ₹10
(aggregating up to ₹13.05 Cr)
Fresh Issue1,812,800 shares of ₹10
(aggregating up to ₹13.05 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
P/E (x)24.57
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerSUNFLOWER BROKING PVT. LTD.
Company PromotersMr. Narendra Singh Barhat, Mrs. Kusum Narendra Singh Barhat and Mr. Ketankumar Harkantbhai Joshi are the promoters of the company.

Aristo Bio-Tech and Lifescience IPO Tentative Timetable

Aristo Bio-Tech and Lifescience IPO opens on Jan 16, 2023, and closes on Jan 19, 2023. The Aristo Bio-Tech and Lifescience IPO bid date is from Jan 16, 2023 10.00 A.M. to Jan 19, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 16, 2023
Closing DateJan 19, 2023
Basis of AllotmentJan 24, 2023
Initiation of RefundsJan 25, 2023
Credit of Shares to DematJan 26, 2023
Listing DateJan 27, 2023

Aristo Bio-Tech and Lifescience IPO Lot Size

The Aristo Bio-Tech and Lifescience IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹115,200).

ApplicationLotsSharesAmount
Retail (Min)11600₹115,200
Retail (Max)11600₹115,200
HNI (Min)23,200₹230,400

Aristo Bio-Tech and Lifescience IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.37%

Aristo Bio-Tech and Lifescience IPO Prospectus

Company Contact Information

Aristo Bio-Tech and Lifescience Limited
E-24,25,26, G.I.D.C. Manjusar,
Ta. Savli,
Vadodara – 391775
Phone: +91-2667-264843
Email: [email protected]
Websitehttp://www.aristobiotech.com/

Aristo Bio-Tech and Lifescience IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

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Aristo Bio-Tech and Lifescience IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd
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SME IPO

Ducol Organics And Colours IPO

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Ducol Organics And Colours IPO

Ducol Organics And Colours IPO | Incorporated in 1994, Ducol Organics And Colours Limited offer a range of pigment dispersions for various industries. They offer products like Paints, Ink, Textile, Detergent, Paper, Rubber, and Plastics color solutions. They primarily engage in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants, and master batches.

Having such a broad product display and Pan-India customer base, the company serves a variety of entities and industries including paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

For manufacturing, Ducol Organics And Colours has established two well-equipped and operating facilities located in Taloja. The company has a third manufacturing unit at Mahad in process of getting established with trials currently being conducted.

The products of Ducol Organics And Colours are:

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  1. Dutint – water based dispersions for decorative paints
  2. Duplast – MB for plastic industry
  3. Duprint – water based dispersion for printing ink formulations
  4. Dutex – pigment pastes for textile printing industry
  5. Dusperse – for soap and detergent industry
  6. Dupralin – for paper industry
  7. Dupren – used in rubber industry
  8. Ducem – Dry dispersions various general applications

The company has obtained ISO 9001: 2015 certification for the first two unit situated in Taluja MIDC. The first unit has a capacity of 3,500 MTPA for Wet Dispersions whereas the second unit has capacity of 2,000 MTPA for Master Batch, and 10,000 MTPA for Dry Dispersions. With the third unit, soon to be started, the company will be able to expand its capacity and deliver its products more efficiently.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-206140.427372.1371405.681105.682296.91
31-Mar-215710.127885.8281.431610.631389.941656.68
31-Mar-226347.518893.61491.112089.571853.141991.51
30-Sep-226055.334874.8417.222484.831490.351350.01

Objects of the Issue

The objects of the Net Proceeds of the Issue are:

  1. Funding working capital requirements of our Company;
  2. General corporate purposes.

Ducol Organics And Colours IPO Details

IPO DateJan 9, 2023 to Jan 11, 2023
Face Value₹10 per share
Price₹78 per share
Lot Size1600 Shares
Issue Size4,040,000 shares of ₹10
(aggregating up to ₹31.51 Cr)
Fresh Issue4,040,000 shares of ₹10
(aggregating up to ₹31.51 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Company PromotersAamer Ahmed Farid and Hani Ahmed Farid are the promoters of the Company.

Ducol Organics And Colours IPO Tentative Timetable

Ducol Organics And Colours IPO opens on Jan 9, 2023, and closes on Jan 11, 2023. The Ducol Organics And Colours IPO bid date is from Jan 9, 2023 10.00 A.M. to Jan 11, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 9, 2023
Closing DateJan 11, 2023
Basis of AllotmentJan 16, 2023
Initiation of RefundsJan 17, 2023
Credit of Shares to DematJan 18, 2023
Listing DateJan 19, 2023

Ducol Organics And Colours IPO Lot Size

The Ducol Organics And Colours IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).

ApplicationLotsSharesAmount
Retail (Min)11600₹124,800
Retail (Max)11600₹124,800
HNI (Min)23,200₹249,600

Ducol Organics And Colours IPO Promoter Holding

Pre Issue Share Holding80.86%
Post Issue Share Holding

Ducol Organics And Colours IPO Prospectus

Company Contact Information

Ducol Organics And Colours Limited
Office No 302, Express Building,
14-E Road, Churchgate,
Mumbai – 400020
Phone: +91 22 4608 2353
Email: [email protected]
Websitehttp://www.ducol.com/

Ducol Organics And Colours IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

Ducol Organics And Colours IPO Lead Manager(s)

  1. First Overseas Capital Limited
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SME IPO

Eastern Logica Infoway IPO

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Eastern Logica IPO Review

Eastern Logica Infoway IPO | Incorporated in 1995, Eastern Logica Infoway Limited is engaged in the business of multi-brand retail and retail selling. They also operate as a distributor of branded smartphones, IT hardware, software and allied accessories and services.

Another domain that Eastern Logica Infoway captures is providing networking and security solutions to the end customers. The company has built a strong presence in the market in the 25 years of its operations.

Eastern Logica Infoway has spread its operations in different parts of India and has established 4 offices, 11 retail stores, 2 distribution centres and virtual offices across 11 cities in the Country. They operate on a lease rental model with a focus on securing retail spaces, ensuring high visibility and easy accessibility to customers.

The company has built a strong chain of customers and some of its customers are – Eshaa Communication Private Limited, Checkers India Technology Private Limited, Balaji Solutions Limited, Aakanksha Distributors Private Limited, and Fareast Exim Venture Private Limited.

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Eastern Logica Infoway can be located in West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu.

The company’s services are divided into four broad categories:

  1. Retail
  2. Services
  3. E-Commerce
  4. Distribution

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208490.9249882.84181.622832.662622.682931.84
31-Mar-2110324.4344702.9233.593126.022911.374413.71
31-Mar-2212663.7161558.01285.343470.33251.655967.53
30-Sep-2212561.7930504.16133.143603.443384.795694.82
Amount in ₹ Lakhs

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Fresh Offer towards funding the following objects:

  1. Funding working capital requirements;
  2. General corporate purposes.

Eastern Logica Infoway IPO Details

IPO DateJan 5, 2023 to Jan 9, 2023
Face Value₹10 per share
Price₹225 per share
Lot Size600 Shares
Issue Size753,000 shares of ₹10
(aggregating up to ₹16.94 Cr)
Fresh Issue664,200 shares of ₹10
(aggregating up to ₹14.94 Cr)
Offer for Sale88,800 shares of ₹10
(aggregating up to ₹2.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50.00% of the net offer
Retail Shares Offered50.00% of the net offer
Market MakerNIKUNJ STOCK BROKERS LIMITED
Company PromotersGaurav Goel and Shweta Goel are the Promoters of the Company.

Eastern Logica Infoway IPO Tentative Timetable

Eastern Logica Infoway IPO opens on Jan 5, 2023, and closes on Jan 9, 2023. The Eastern Logica Infoway IPO bid date is from Jan 5, 2023 10.00 A.M. to Jan 9, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 5, 2023
Closing DateJan 9, 2023
Basis of AllotmentJan 12, 2023
Initiation of RefundsJan 13, 2023
Credit of Shares to DematJan 16, 2023
Listing DateJan 17, 2023

Eastern Logica Infoway IPO Lot Size

The Eastern Logica Infoway IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹135,000).

ApplicationLotsSharesAmount
Retail (Min)1600₹135,000
Retail (Max)1600₹135,000
HNI (Min)21,200₹270,000

Eastern Logica Infoway IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.59%

Eastern Logica Infoway IPO Prospectus

Eastern Logica Infoway IPO Review

The company sells and distributes many different brands, which is a very competitive business. Even though its top line grew, its margins are being squeezed. From what we… Read Full Review Here

Company Contact Information

Eastern Logica Infoway Limited
2 Saklat Place
1st Floor,
Kolkata, West Bengal 700072
Phone: 033 4058 0000
Email: [email protected]
Websitehttp://www.easternlogica.com/

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Eastern Logica Infoway IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

Eastern Logica Infoway IPO Lead Manager(s)

  1. Oneview Corporate Advisors Private limited
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SME IPO

Chaman Metallics IPO

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Chaman Metallics IPO Review

Chaman Metallics IPO | Incorporated in 2003, Chaman Metallics Limited is primarily engaged in the business of manufacturing and selling of Direct Reduced Iron (i.e. sponge iron). Sponge iron is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces.

Chaman Metallics has been granted ISO 9001:2015 for its superior management systems, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management system proficiency.

The company manufacturing unit is based in Chandrapur, Maharashtra. The manufacturing facility is spread across an area of around 63 acres of land. The unit has a capacity of 72,000 MT (2 X 100 MTPD) for the production of sponge iron through two Rotary kilns as of March 31, 2022.

The company sell its products primarily in the state of Maharashtra, Odisha and Chhattisgarh. Some of the company’s customers include Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.

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Some of the competitive strengths, Chaman Metallics is proud of, are:

  1. Strategically located manufacturing unit
  2. Stringent quality control mechanism ensuring standardized product quality
  3. Long-standing relationship with our customers
  4. Well Qualified and Experienced Management Team

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-205399.395837.14369.462350.211560.751976.17
31-Mar-215872.414075.89523.072873.292083.831392.81
31-Mar-227378.5918546.32934.653807.943018.482515.81
30-Sep-229085.5211182.43681.744473.172696.891608.17
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objectives: –

  1. To meet Working Capital requirements
  2. General Corporate Purpose
  3. To meet issue expenses

Chaman Metallics IPO Details

IPO DateJan 4, 2023 to Jan 6, 2023
Face Value₹10 per share
Price₹38 per share
Lot Size3000 Shares
Issue Size6,372,000 shares of ₹10
(aggregating up to ₹24.21 Cr)
Fresh Issue6,372,000 shares of ₹10
(aggregating up to ₹24.21 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerHEM FINLEASE PRIVATE LIMITED
Company PromotersChetan Agrawal, Keshav Kumar Agrawal, G.R. Sponge and Power Limited, and N.R. Sponge Private Limited are the promoters of the Company.

Chaman Metallics IPO Tentative Timetable

Chaman Metallics IPO opens on Jan 4, 2023, and closes on Jan 6, 2023. The Chaman Metallics IPO bid date is from Jan 4, 2023 10.00 A.M. to Jan 6, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 4, 2023
Closing DateJan 6, 2023
Basis of AllotmentJan 11, 2023
Initiation of RefundsJan 12, 2023
Credit of Shares to DematJan 13, 2023
Listing DateJan 16, 2023

Chaman Metallics IPO Lot Size

The Chaman Metallics IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹114,000).

ApplicationLotsSharesAmount
Retail (Min)13000₹114,000
Retail (Max)13000₹114,000
HNI (Min)26,000₹228,000

Chaman Metallics IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.60%

Chaman Metallics IPO Prospectus

Chaman Metallics IPO Review

The company makes and sells sponge iron, which is a very competitive market with many big players. Based on the most recent financial…. Read IPO Review Here

Company Contact Information

Chaman Metallics Limited
A-26, M.I.D.C,
Tadali Growth Centre, Tadali,
Chandrapur, Maharashtra-442406
Phone: +91-771-4259100
Email: [email protected]
Websitehttp://www.cmlgrgroup.com/

Chaman Metallics IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

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Chaman Metallics IPO Lead Manager(s)

  1. Hem Securities Limited
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SME IPO

SVS Ventures IPO

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SVS Ventures IPO Review

Incorporated in 2015, SVS Ventures Limited is engaged in the real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects.

SVS Ventures primarily operates in and around Ahmedabad, Gujarat. In 2021, the company entered into a business takeover agreement in April with Erstwhile Proprietary Firm M/s Vijay & Co. of Mr Shashikant Vedprakash Sharma.

The company’s business model is customer-centric, and requires optimum utilization of our existing resources, assuring quality supply and achieving consequent economies of scale.

The business operations include the development of real estate projects in the residential segment comprising apartment-type complexes, and villas, largely catering to the middle-income and high-income groups.

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The company’s below mentioned projects are marketed and sold under the brand name of “SVS Ventures (formerly known as Vijay & co.)”.

1) Residential Projects: These projects cover Bungalows and Villas.

2) Commercial Projects: These projects include the construction of commercial offices and shops.

SVS Ventures’ financials reflect a positive financial standing in the market where its revenues and profits have grown vastly. As of March 2022, the company’s total revenue stood at Rs. 868.27 lakhs with a profit of Rs. 183.37 lakhs.

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Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20845.121348.62554.53641.79
31-Mar-211165.01135526.6181.14646.36
31-Mar-221245.68868.27183.37264.51700.95
30-Jun-222501.07129.9914.342125.33267.49
Amount in ₹ Lakhs

Objects of the Issue

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

  1. To meet the Working Capital requirements;
  2. General Corporate Expenses.

SVS Ventures IPO Details

IPO DateDec 30, 2022 to Jan 4, 2023
Face Value₹10 per share
Price₹20 per share
Lot Size6000 Shares
Issue Size5,622,000 shares of ₹10
(aggregating up to ₹11.24 Cr)
Fresh Issue5,622,000 shares of ₹10
(aggregating up to ₹11.24 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Market MakerSVCM SECURITIES PRIVATE LIMITED
Company PromotersMr. Shashikant Vedprakash Sharma is the promoter of the company.

SVS Ventures IPO Tentative Timetable

SVS Ventures IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The SVS Ventures IPO bid date is from Dec 30, 2022 10.00 A.M. to Jan 4, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 30, 2022
Closing DateJan 4, 2023
Basis of AllotmentJan 9, 2023
Initiation of RefundsJan 10, 2023
Credit of Shares to DematJan 11, 2023
Listing DateJan 12, 2023

SVS Ventures IPO Lot Size

The SVS Ventures IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

ApplicationLotsSharesAmount
Retail (Min)16000₹120,000
Retail (Max)16000₹120,000
HNI (Min)212,000₹240,000

SVS Ventures IPO Promoter Holding

Pre Issue Share Holding90.49%
Post Issue Share Holding66.66%

SVS Ventures IPO Prospectus

Company Contact Information

SVS Ventures Limited
Block A, Office No. 1009, Mondeal Heights
Near Panchratna Party Plot, S. G. Highway,
Ahmedabad 380 051
Phone: +91 79 40397191
Email: [email protected]
Websitehttp://www.svsventures.co.in/

SVS Ventures IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

SVS Ventures IPO Lead Manager(s)

  1. First Overseas Capital Limited
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SME IPO

Rex Sealing and Packing Industries IPO

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Rex Sealing and Packing Industries IPO Review

Incorporated in 2005, Rex Sealing and Packing Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc.

The business was first started by Mr Manjunath Nayak under the name M/s Rex Industries for manufacturing Gland Packing.

The vast product portfolio of Rex Sealing and Packing Industries includes:

  1. Compressed Fibre Jointing Sheets / Gaskets
  2. Gland Packing & Ropes
  3. Fabric Expansion Joints
  4. Technical and Heat Resistance Textiles
  5. Ceramic Fiber Product

The company executes in-house manufacturing through its unit situated in MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad.

The company is also planning to set up an additional manufacturing unit in Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture. Rex Sealing and Packing Industries will manufacture all types of “Asbestos Free” Gaskets sheets for Automotive, Steel, and other process units through this extension.

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They are a customer-centric company, and the products of the company are used by some well-known industrial houses in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-201357.012017.7113.32732.87437.35
31-Mar-211317.081726.336.81769.67338.95
31-Mar-221443.752115.6854.62824.3377.71
30-Jun-221508.67571.6237.6861.9328.22
Amount in ₹ Lakhs

Objects of the Issue

The Objects of the Net Proceeds from Fresh Issue is to raise funds for:

  1. Funding Working Capital Requirement
  2. General Corporate Purpose

Rex Sealing and Packing Industries IPO Details

IPO DateDec 30, 2022 to Jan 4, 2023
Face Value₹10 per share
Price₹135 per share
Lot Size1000 Shares
Issue Size599,000 shares of ₹10
(aggregating up to ₹8.09 Cr)
Fresh Issue300,000 shares of ₹10
(aggregating up to ₹4.05 Cr)
Offer for Sale299,000 shares of ₹10
(aggregating up to ₹4.04 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerARYAMAN CAPITAL MARKETS LIMITED
Company PromotersNaresh Nayak, Niranjan Nayak and Manjunath Nayak are the promoters of the company.

Rex Sealing and Packing Industries IPO Tentative Timetable

Rex Sealing and Packing Industries IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The Rex Sealing and Packing Industries IPO bid date is from Dec 30, 2022 10.00 A.M. to Jan 4, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 30, 2022
Closing DateJan 4, 2023
Basis of AllotmentJan 9, 2023
Initiation of RefundsJan 10, 2023
Credit of Shares to DematJan 11, 2023
Listing DateJan 12, 2023

Rex Sealing and Packing Industries IPO Lot Size

The Rex Sealing and Packing Industries IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹135,000).

ApplicationLotsSharesAmount
Retail (Min)11000₹135,000
Retail (Max)11000₹135,000
HNI (Min)22,000₹270,000

Rex Sealing and Packing Industries IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.02%

Rex Sealing and Packing Industries IPO Prospectus

Company Contact Information

Rex Sealing and Packing Industries Limited
A-207, 2nd Floor, Plot No.711 A
Byculla Services Industries, D K Road,
Ghodapdeo, Byculla (East) Mumbai – 400027
Phone: +91-22-40021599
Email: [email protected]
Websitehttp://www.rexseal.com/

Rex Sealing and Packing Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

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Rex Sealing and Packing Industries IPO Lead Manager(s)

  1. Aryaman Financial Services limited
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