Darshan Orna Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

02 May 2016

Close Date

11 May 2016

Allotment

17 May 2016

Listing Date

19 May 2016

Exchange

BSE SME

Price Band

₹60

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹60

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

12,56,000 shares (aggregating up to ₹7.54 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

35,08,694 shares

Promoters

Post-IPO Holding

47,64,694 shares

Promoters

UPI Deadline

2016-05-11

Mandate

Anchor AllotmentSun, 01 May 2016

Basis of AllotmentTue, 17 May 2016

Refund InitiationWed, 18 May 2016

Demat CreditWed, 18 May 2016

Listing DayThu, 19 May 2016

UPI Mandate Deadline2016-05-11

Sale TypeFresh Capital

Net Offer to Public11,92,000 shares (aggregating up to ₹7.15 Cr)

Market Maker Quota64,000 shares (aggregating up to ₹0.3840 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Darshan Orna Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 May 2016.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	64,000	—	₹0.38
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,256,000	100%	₹7.54

IPO Shares Offered

Darshan Orna Ltd. IPO total issue size: ₹7.54 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	64,000	₹0.38	5.10%
Total	1,256,000	₹7.54	100.00%

* Based on upper price band ₹60 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹60.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹240,000
Retail (Max — 13 Lots)	13	26,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	136,000	₹8,160,000

* Issue Price ₹60 × Lot Size 2,000 shares

IPO Schedule

Anchor

01 May 2016

✓ Done

IPO Open

02 May 2016

✓ Done

IPO Close

11 May 2016

✓ Done

Allotment

17 May 2016

✓ Done

Refunds

18 May 2016

✓ Done

Demat Credit

18 May 2016

✓ Done

Listing Day

19 May 2016

✓ Done

₹60.00

INR · BSE

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Issue ₹60.00 Live Price

About Darshan Orna Ltd.

Incorporated in 2011, Darshan Orna Ltd (DOL) is a Small and Medium Enterprise (SME) engaged in the Gold & Silver Jewellery and Ornaments Business. The Company started its commercial operations as a Wholesaler and Trader of Gold and Silver Jewelries and Ornaments by setting a unit in Manek Chowk area of Ahmedabad in North Gujarat, which is known as a hub of Gold & Silver Market. Company's portfolio comprises Traditional Jewellery, Indo-Western Jewellery & Modern Jewellery.DOL's Jewelries and Ornaments are designed keeping in mind the demand of various customers coming from diverse cultures and age groups. Over the last couple of years, the company has achieved tremendous growth in sales. The company sources its raw material from its suppliers. Over the years, the company has built up a credible sales-force to market its jewelries in Ahmedabad.

Objects of the Issue

1 Working Capital

2 General Corporate Expenses

3 Issue Expenses

Darshan Orna Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

RoNW

0.76%

Issue Structure & Shareholding

Total Shares Offered12,56,000 (100.00%)

Net Offer to Public11,92,000 shares (aggregating up to ₹7.15 Cr)

Reserved for Market Maker64,000 shares (aggregating up to ₹0.3840 Cr)

Pre-Issue Promoter Holding35,08,694 shares

Post-Issue Promoter Holding47,64,694 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

https://ipostatus.kfintech.com/

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Book Running Lead Managers

First Overseas Capital Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Darshan Orna Ltd. IPO subscribed? ▲

Darshan Orna Ltd. IPO is subscribed 1.00 times by May 11, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Darshan Orna Ltd. IPO retail subscription status? ▼

The Darshan Orna Ltd. IPO retail category is subscribed 1.00 times as of 11 May 2016. The retail portion is oversubscribed.

How to subscribe Darshan Orna Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 02 May 2016 and closes 11 May 2016. Min investment: ₹120,000 (1 lot = 2,000 shares). UPI mandate: 2016-05-11.

How many times Darshan Orna Ltd. IPO subscribed? ▼

The Darshan Orna Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Darshan Orna Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 17 May 2016. Refunds: on 18 May 2016.

When Darshan Orna Ltd. IPO will be listed? ▼

The Darshan Orna Ltd. IPO listing date is 19 May 2016, Thursday. Listed on: BSE SME. Issue price: ₹60. Estimated listing: ₹60. GMP: NIL.

When Darshan Orna Ltd. IPO close? ▼

The Darshan Orna Ltd. IPO closes on 11 May 2016, Wednesday. UPI mandate: 2016-05-11. Allotment: 17 May 2016. Listing: 19 May 2016.

Quick Actions

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Live Price LIVE

Last Price₹60.00

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Issue Price₹60.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹60

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹60

Subscribed1.00x

Open Date02 May 2016

Close Date11 May 2016

Allotment17 May 2016

Listing Date19 May 2016

ExchangeBSE SME

UPI Deadline2016-05-11