The IPO of Dharani Capital Services is opening from today. GMP, Price, Other Details in 10 Points

 

• Dharani Capital Services Ltd IPO GMP: Shares of the SME company are available at a premium of ₹2 in the gray market today, say observers

Dharani Capital Services Limited IPO: The Initial Public Offer (IPO) of Dharani Capital Services Limited has opened to subscribers today and the public issue will remain open for bidding till January 20, 2023. The public offer is proposed to be listed on BSE SME Exchange. The SME company aims to raise ₹10.74 crore through the fresh issue offer of 5,370,000 shares of the company. The company has fixed the public issue price at Rs 20. Meanwhile, the gray market is also dropping hints about the issue. According to market observers, the shares of the financial services company are available at a premium of ₹2 in the gray market today.

The net proceeds from the issue will be used for the following items:

1] investment in a wholly owned subsidiary; And

2] General Corporate Objectives.

Here we list down the important Dharani Capital Services Limited IPO details in 10 points:

1] Dharani Capital Services Ltd IPO GMP today: As mentioned above, shares of the financial services company are available at a premium of ₹2 in the gray market today, say market observers.

2] Dharni Capital Services Ltd IPO Price: The company has fixed the issue price at ₹20 per equity share.

3] Dharni Capital Services Limited IPO date: The public issue has opened today and will remain open till January 20, 2023.


4] Dharani Capital Services Ltd IPO Size: The company aims to raise ₹10.74 crore through this public issue.

5] Dharani Capital Services Limited IPO Lot Size: Bidders will be able to apply in lots and one lot of the issue will consist of 6000 shares of the company.

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6] Dharani Capital Services Limited IPO Allotment Date: The tentative date of share allotment has been set as 25 January 2023.

7] Dharani Capital Services Limited IPO Listing: The public issue is proposed for listing on BSE SME Exchange.

8] Dharani Capital Services Limited IPO Listing date: The public issue is expected to be listed on January 31, 2023.

9] Dharani Capital Services Limited IPO Registrar: Srijan Alpha Capital Advisors has been appointed as the official registrar to the public issue.

10] Promoter's shareholding: Post successful listing of the company's shares on BSE SME Exchange, the promoters' shareholding in the company will come down to 73.64 per cent from 100 per cent.