Dharni Capital Services IPO Detail ( Dharni Capital IPO Detail )
(18 Jan 2023 – 20 Jan 2023)
Dharni Capital Services Limited, founded in 2015, provides a variety of financial services to its customers, including: Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, and Technical Consultancy and Outsourcing.
Dharni Capital Services Limited is a leading financial services provider with a diverse range of offerings for its clients. As of March 2022, the company has clients from over 11 states, with a total of 300+ clients and an AUM of 200 Crore.
The company is dedicated to working closely with individual clients to understand their profile, requirements, and concerns, and accordingly build customized financial investment portfolios that offer a wide range of investment options.
Dharni Capital Services Limited offers a comprehensive financial services platform that encompasses financial product distribution across both online and offline channels. The company is led by Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi since its incorporation.
The company is registered with AMFI (Association of Mutual Funds in India) Registration number ARN-144504 and 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 of September 30, 2022, and March 31, 2022, the AUM from the mutual fund distribution business for Dharni Capital Services Limited stood at Rs 5,379.30 Lakhs and Rs 6,367.60 Lakhs respectively.
DHARNI Capital Services Limited Company Services:
- Mutual Fund Distribution Services
- Fixed Deposit Distribution Services
- Real Estate Brokerage Services
- Technical Consultancy and Outsourcing
Dharni Capital IPO Competitive Strength
- Experienced Promoters and management team
- Diversified yet integrated mix of business
- Long term relationship with the clients
- Strong Risk Management System
Dharni Capital IPO Financials Performance ( Results )
Dharni Capital services Limited Financial Information (Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | Profit After Tax (PAT) | Earnings per share (Basic) EPS | Net Worth | Borrowing |
| 31-Mar-20 | 19.16 | 19.87 | 1.34 | 1.34 | -4.11 | 22.48 |
| 31-Mar-21 | 25.35 | 255.41 | 15.26 | 15.26 | 11.16 | 9.35 |
| 31-Mar-22 | 245.24 | 1469.4 | 96.58 | 44.71 | 226.74 | 0 |
| 30-Sep-22 | 292.91 | 304.95 | 58.73 | – | 285.74 | 0 |
Objective of IPO Issue
Dharni Capital Services Limited plans to use the net proceeds from the issue to finance the following objectives:
- Investment in a Wholly-owned Subsidiary Company
- General corporate purposes.
Dharni Capital IPO Basic Details
| IPO Date | Jan 18, 2023 to Jan 20, 2023 |
| Listing Date | Friday, January 31, 2022 |
| Face Value | ₹1 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Issue Size | 5,370,000 shares of ₹1 (aggregating up to ₹10.74 Cr) |
| Fresh Issue | 5,370,000 shares of ₹1 (aggregating up to ₹10.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE, SME |
| NII (HNI) Shares Offered | 50% of the Offer |
| Retail Shares Offered | 50% of the Offer |
| Company Promoters | Mr. Hemant Dharnidharka and Mrs. Preeti Saraogi are the promoters of the company. |
Dharni Capital IPO Timetable
Dharni Capital IPO will open on Jan 18, 2023 and close on Jan 20, 2023. You can join Dharni Capital IPO at 10.00 A.M. to 5.00 P.M. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Jan 18, 2023 |
| Closing Date | Jan 20, 2023 |
| Basis of Allotment | Jan 25, 2023 |
| Initiation of Refunds | Jan 27, 2023 |
| Credit of Shares to Demat | Jan 30, 2023 |
| Listing Date | Jan 31, 2023 |
Dharni Capital IPO Lot Size
For retail investors in Dharni Capital IPO, 6000 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12000 | ₹240,000 |
Dharni Capital IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.64% |
Dharni Capital Services IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹3.66 per Equity Share |
| Price/Earning P/E Ratio | 34.48 |
| Return on Net Worth (RoNW) | 42.60% |
| Net Asset Value (NAV) | ₹1.51 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 10.53 |
Dharni Capital Services Ltd Peer comparison
| Company Name | CMP (as on July 12, 2022) | Earning Per Share (EPS) | Price/Earning (P/E) Ratio | Return on Net Worth (RoNW) | Upper Price/Book Value (Price/BV) Ratio | NAV Per Share |
| Dharni Capital Services Limited | – | 3.66 | 34.48 | 42.60% | 10.53 | 1.51 |
| IIFL Wealth Management Ltd | 1598 | 65.41 | 24.43 | 19.28% | 5.37 | 337.96 |
| ICICI Securities Ltd | 442 | 42.86 | 10.31 | 56.91% | 6.26 | 75.31 |
| Central Depository Services (India) Ltd | 1126 | 29.78 | 37.81 | 28.48% | 10.4 | 104.50 |
| Computer Age Management Services Ltd | 2313 | 58.73 | 39.38 | 47.77% | 16.8 | 123.71 |
| HDFC Asset Management Company Ltd | 1914 | 65.36 | 29.28 | 25.19% | 8.44 | 258.68 |
| Nippon Life India Asset Management Ltd | 291 | 12 | 24.25 | 21.39% | 4.80 | 55.93 |
| UTI Asset Management Company Ltd | 668 | 42.12 | 15.86 | 14.81% | 2.81 | 284.05 |
| Anand Rathi Wealth Ltd | 650 | 30.49 | 21.32 | 36.92% | 8.14 | 82.66 |
| Prudent Corporate Advisory Services Ltd | 499 | 13.94 | 35.80 | 26.82% | 15.4 | 51.88 |
Dharni Capital IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 27 January 2023 | ₹2 | – | – |
| 26 January 2023 | ₹4 | – | – |
| 25 January 2023 | ₹4 | – | – |
| 24 January 2023 | ₹2 | – | – |
| 23 January 2023 | ₹2.5 | – | – |
| 22 January 2023 | ₹1 | – | – |
| 21 January 2023 | ₹1 | – | – |
| 20 January 2023 | ₹1 | – | – |
| 19 January 2023 | ₹-3 | – | – |
| 18 January 2023 | ₹-4 | – | – |
| 17 January 2023 | ₹-3 | – | – |
| 16 January 2023 | ₹00 | – | – |
Dharni Capital IPO Detail Video:
Dharni Capital IPO Subscription Status (Bidding Detail)
The Dharni Capital IPO on Jan 20, 2023 at 06:58:00 PM was subscribed 6.57 times, with the retail category being subscribed 6.83 times and the NII (Non-Institutional Investor) category being subscribed 6.32 times.
| Category | Subscription |
| NII | 6.32x |
| Retail | 6.83x |
| Total | 6.57x |
Dharni Capital IPO Prospectus
Dharni Capital IPO Rating
| Our Rating | 1.5/5.0 |
Dharni Capital Compnay Contact Information
DHARNI CAPITAL SERVICES LIMITED
Address: 226, Brigade Metropolis Arcade,
Whitefield Main Road, Garudacharpalya,
Bangalore 560048, Karnataka
Tel: +91 9945164270
Fax: +91-44-28460129
Contact Person: CS Mayank Mundhra,
Company Secretary & Compliance Officer
Email: info@dharnigroup.com
Website: http://www.dharnicapital.com/
CIN No.: U74120KA2015PTC084050
Dharni Capital IPO Registrar
CAMEO CORPORATE SERVICES LIMITED
Address: “Subramanian Building”, #1, Club House
Road,Chennai – 600 002
Tel: +91-44-40020700, 28460390
Fax: +91-44-28460129
Contact Person: Mr. R.D. Ramasamy, Director
Email: investor@cameoindia.com
Website: www.cameoindia.com
CIN No.: U67120TN1998PLC041613
SEBI Registration Number: INR000003753
Dharni Capital Services IPO Lead Manager
SRUJAN ALPHA CAPITAL ADVISORS LLP
Address: 112A, 1st floor, Arun Bazar, S.V. Road, Beside
Bank of India, Malad (West), Mumbai – 400 064
Correspondence Address: 824 & 825, Corporate Avenue, Sonawala
Rd, opposite Atlanta Centre, Sonawala Industry Estate, Goregaon,
Mumbai- 400064
Tel: +91 9820922994
Contact Person: Mr. Jinesh Doshi
E-mail: jinesh@srujanalpha.com
Website: www.srujanalpha.com
SEBI Registration Number: INM000012829
Dharni Capital Services IPO FAQs
What is the lot size of Dharni Capital IPO?
The total size of Dharni Capital IPO is ₹10.74 crores and this is a complete fresh Issue.
When will Dharni Capital IPO start?
Dharni Capital IPO will start from 18 Jan 2023 and IPO will Close on 20 Jan 2023.
What is the open date of Dharni Capital IPO?
Dharni Capital IPO will start from 18 Jan 2023.
What is the last date ( close date ) of Dharni Capital IPO?
Dharni Capital IPO will close from 20 Jan 2023.
What is the price band of Dharni Capital IPO?
Dharni Capital IPO price band is ₹20.
What is the minimum amount required to apply for Dharni Capital IPO?
The minimum investment for retailers to apply for Dharni Capital IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Dharni Capital IPO?
View gray market premium of Dharni Capital IPO by Clicking Here
How much is the GMP of Dharni Capital IPO?
Watch Dharni Capital IPO GMP Today: Click Here
What is the allotment date of Dharni Capital IPO?
The allotment date of Dharni Capital IPO is 25 January 2023.
How to check allotment status in Dharni Capital IPO?
To check the allotment status of Dharni Capital IPO, first of all go to the registrar website by clicking here, select your bad Dharni Capital IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Dharni Capital IPO?
The listing date of Dharni Capital IPO is 31 January 2023.
How much will be the listing gain in Dharni Capital IPO?
View listing gain of Dharni Capital IPO by Clicking Here
How much time Dharni Capital IPO is subscribed?
Total 6.57 times subscribed in Dharni Capital IPO out of which 6.83 times subscription was done in retail quota and 6.32 times subscription in NII quota.
How to apply for Dharni Capital IPO from Upstox?
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How to apply for Dharni Capital IPO from Zerodha?
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How to apply for Dharni Capital IPO from Angle One?
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