Issue Price
₹78
Per Share
GMP
NIL
Grey Market
Est. Listing
₹78
Expected Price
Min. Application
₹249,600
2 lots × 1600 shares
Incorporated in 1994, Ducol Organics And Colours Limited offer a range of pigment dispersions for various industries. They offer products like Paints, Ink, Textile, Detergent, Paper, Rubber, and Plastics color solutions. They primarily engage in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants, and master batches.Having such a broad product display and Pan-India customer base, the company serves a variety of entities and industries including paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents, and FMCG.For manufacturing, Ducol Organics And Colours has established two well-equipped and operating facilities located in Taloja. The company has a third manufacturing unit at Mahad in process of getting established with trials currently being conducted.The products of Ducol Organics And Colours are:Dutint - water based dispersions for decorative paintsDuplast - MB for plastic industryDuprint - water based dispersion for printing ink formulationsDutex - pigment pastes for textile printing industryDusperse - for soap and detergent industryDupralin - for paper industryDupren - used in rubber industryDucem - Dry dispersions various general applicationsThe company has obtained ISO 9001: 2015 certification for the first two unit situated in Taluja MIDC. The first unit has a capacity of 3,500 MTPA for Wet Dispersions whereas the second unit has capacity of 2,000 MTPA for Master Batch, and 10,000 MTPA for Dry Dispersions. With the third unit, soon to be started, the company will be able to expand its capacity and deliver its products more efficiently.
Ducol Organics & Colours Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 401,600 | — | ₹3.13 Cr | — |
| TOTAL | 4,040,000 | 100.00% | ₹31.51 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| sNII (Min) | 14 | 22,400 | ₹1,747,200 |
| bNII (Min) | 68 | 108,800 | ₹8,486,400 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 4874.80 | 8893.61 | 7885.80 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 417.22 | 491.11 | 281.43 |
| Net Worth | 2484.83 | 2089.57 | 1610.63 |
| Total Assets | 6055.33 | 6347.51 | 5710.12 |
| Reserves & Surplus | 1490.35 | 1853.14 | 1389.94 |
| Total Borrowings | 1350.01 | 1991.51 | 1656.68 |