What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Dhariwal corp Limited IPO allotment date?

The basis of allotment for Dhariwal corp Limited IPO is scheduled to be finalized on 6 Aug 2024.

Where can I check Dhariwal corp Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 7 Aug 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Dhariwal corp Limited

ListedSME

Emerging SME Services · NSE

Dhariwalcorp Limited, established in 2020, specializes in trading various waxes, industrial chemicals, and petroleum jelly. The company deals in Paraffin Wax, Micro Wax, Carnauba Wax, and chemicals like Rubber Process Oil and Citric Acid Monohydrate, serving industries such as plywood, pharmaceuticals, and adhesives. With processing units and warehouses in Jodhpur, Bhiwandi, Ahmedabad, and Mundra, it operates across 21 states, 3 Union Territories, and exports to Nepal. In FY 2024, the company reported domestic sales of ₹226.30 Lakhs, supported by a dedicated team of 7 employees.

Price Band

₹102 – ₹106

Issue Size

₹25.15 Cr

Lot Size

1200 shares

GMP

₹36

+34.0%

Est. Listing

₹142

at current GMP

Subscribed

177.82x

overall

Open

1 Aug 2024

5 Aug 2024

Allotment

6 Aug 2024

Refund

7 Aug 2024

Demat Credit

8 Aug 2024

Listing

8 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Dhariwal corp Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

6 Aug 2024

Basis finalization

Refunds Initiate

7 Aug 2024

Mandate release

Demat Credit

8 Aug 2024

Shares in demat

Listing Debut

8 Aug 2024

Trading begins

About Dhariwal corp Limited Public Issue & Market Profile

Dhariwal corp Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹25.15 Crores. The shares are offered at a price band of ₹102 to ₹106 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,27,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-08, while un-allotted funds or UPI block mandates will be released on 2024-08-07.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Dhariwal corp Limited

Dhariwal corp Limited Allotment Status

How to Check Dhariwal corp Limited IPO Allotment Status

About Dhariwal corp Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?