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Darshan Orna Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹60
Per Share
GMP
NIL
Grey Market
Est. Listing
₹60
Expected Price
Min. Application
₹240,000
2 lots × 2000 shares
IPO Issue Details
Issue Price / Price Band₹60 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size12,56,000 shares (aggregating up to ₹7.54 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 02 May 2016
Subscription CloseWed, 11 May 2016
Anchor AllotmentSun, 01 May 2016
Basis of AllotmentTue, 17 May 2016
Initiation of RefundsWed, 18 May 2016
Credit of Shares to DematWed, 18 May 2016
Listing DateThu, 19 May 2016
UPI Mandate Deadline2016-05-11
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 2,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 4,000 shares
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-IPO Promoter Holding35,08,694 shares
Post-IPO Promoter Holding47,64,694 shares
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

Darshan Orna Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Working Capital
5.74
2
2 General Corporate Expenses
1.42
3
3 Issue Expenses
0.38
Shareholding & Lock-in
Pre-IPO Promoter Holding 35,08,694 shares
Post-IPO Promoter Holding 47,64,694 shares
Check AllotmentCheck Status →
Darshan Orna Ltd. — Live Price LIVE
₹60.00
INR · BSE
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Issue ₹60.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹60
GMPNIL
Est. Listing₹60
Lot Size2,000 shares
Min Amount₹240,000
Listing Date19 May 2016
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹60
Listing Date19 May 2016
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 64,000 ₹0.38 Cr
TOTAL 1,256,000 100.00% ₹7.54 Cr
* Based on ₹60.00 (upper price band)
Lot Size & Investment Details
Lot Size
2,000
Shares
Issue Price
₹60.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 2,000 ₹120,000
Retail (Max) 13 26,000 ₹1,560,000
sNII (Min) 14 28,000 ₹1,680,000
bNII (Min) 68 136,000 ₹8,160,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 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
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹60
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 0.76%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Darshan Orna Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
2018/1, First Floor, Nr. Rupa Surchand Ni Pole, M.G. Haveli Road, Manek Chowk, Ahmedabad, Gujarat, 380001
Book Running Lead Managers
First Overseas Capital Ltd.
Book Running Lead Manager (BRLM)