IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size10,56,000 shares (aggregating up to ₹4.22 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Sep 2016
Subscription CloseThu, 06 Oct 2016
Anchor AllotmentThu, 29 Sep 2016
Basis of AllotmentWed, 12 Oct 2016
Initiation of RefundsThu, 13 Oct 2016
Credit of Shares to DematThu, 13 Oct 2016
Listing DateTue, 18 Oct 2016
UPI Mandate Deadline2016-10-06
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public10,02,000 shares (aggregating up to ₹4.01 Cr)
Reserved for Market Maker54,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding24,64,020 shares
Post-IPO Promoter Holding35,20,020 shares
About Dhanuka Realty Ltd.
Incorporated in 2008, Dhanuka Realty Limited is an integrated real estate development and construction company primarily focusing on development of various residential projects in Jaipur. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Dhanuka Realty is a part of Dhanuka Group, which is engaged in building residential projects in Jaipur for more than a decade.They have been successful in completing their first residential project, "Sunshine Orchid" comprising of 16 residential flats of 2 BHK with total sq. ft built up area of 20253.18 Sq Ft in the year 2010. Visit chittorgarh.com for more detail.As of today company has successfully completed construction of two residential projects namely Sunshine Shalimar and Sunshine Krishna 3 and have two ongoing projects. They subcontract all construction and execution work to third party contractors. They carry overall supervision of construction work on the site including quality control, site management, work scheduling, bar charting, construction time lining etc. and overall progress of work is managed and supervised by their Company.
Objects of the Issue
Dhanuka Realty Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet Working Capital Requirement
3.24
2
2 General corporate purposes
0.63
Shareholding & Lock-in
Pre-IPO Promoter Holding
24,64,020 shares
Post-IPO Promoter Holding
35,20,020 shares