
Chemicals · NSE
Incorporated in 1994, Ducol Organics and Colours Limited manufactures and sells pigment dispersions, preparations, concentrates, paste colorants, and master batches used across industries such as paints, inks, textiles, rubber, plastics, paper, detergents, and FMCG. The company operates two ISO 9001:2015 certified manufacturing facilities in Taloja and is establishing a third unit in Mahad to expand capacity. Its product range includes Dutint (for decorative paints), Duplast (for plastics), Duprint (for printing inks), Dutex (for textiles), Dusperse (for soaps and detergents), Dupralin (for paper), Dupren (for rubber), and Ducem (for general applications). With a broad customer base and strong production capabilities, Ducol Organics serves multiple industries across India.
Price Band
₹78
Issue Size
₹31.51 Cr
Lot Size
1600 shares
GMP
+30.8%
Est. Listing
₹102
at current GMP
Subscribed
44.63x
overall
Open
9 Jan 2023
Close
11 Jan 2023
Allotment
16 Jan 2023
Refund
17 Jan 2023
Demat Credit
18 Jan 2023
Listing
19 Jan 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
16 Jan 2023
Basis finalization
Refunds Initiate
17 Jan 2023
Mandate release
Demat Credit
18 Jan 2023
Shares in demat
Listing Debut
19 Jan 2023
Trading begins
Ducol Organics And Colours Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹31.51 Crores. The shares are offered at a price band of ₹78 to ₹78 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.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,24,800 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.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-01-18, while un-allotted funds or UPI block mandates will be released on 2023-01-17.
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.
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.