DK Enterprises Global Limited IPO

DK Enterprises Global Limited IPO Review

The firm primarily produces Paper Based Packing Material, Self Adheshive Tapes (specialised tapes such as Masking, Siliconized, Medical, and Surface Protection Tapes), Laminated Products, and Flexible Packaging. The firm is ISO 9001:2015 and 45001:2018 certified, and it works nearly entirely with large multinational corporations in the consumer area.

In May 2019, the firm acquired Mrs. Rekha Bansal’s 20-year-old proprietorship concern, comprising all of its moveable assets, current assets, and liabilities of manufacturing facilities in Panchkula and Vadodara. The business intends to establish new production facilities in Himachal Pradesh, Baddi,  to produce printed Bopp tape, masking/specialty tapes, and laminated products.

It also wants to set up machinery in Vadodara (Unit II) to produce clear/printed bpp tape, masking/specialty tapes, and laminated products. The company also has an 80 percent ownership in a partnership venture, M/s. Satguru Engravures, which manufactures and sells Soap Stiffners, Soap Wrappers, Banding BOPP Tapes, Laminates, and other products, and has a production site at Baddi, Solan, Himachal Pradesh.

Subscription Dates

7 – 12 October 2021

Price Band

INR40 per share

Fresh issue

1,998,000 shares (INR8 crore)

Offer For Sale

Nil

Total IPO size

1,998,000 shares (INR8 crore)

Minimum bid (lot size)

3,000 shares

Face Value 

INR10 per share

Retail Allocation

50%

Listing On

NSE Emerge SME platform

 

FY2020

FY2021

Q1 FY2022

Revenue

45.55

64.96

19.13

Expenses

43.48

61.92

17.84

Net income

1.50

2.44

1.00

Earnings Per Share (EPS): INR5.91

Price/Earnings (PE ratio): 6.76

Return on Net Worth (RONW): 30.57%

Net Asset Value (NAV): INR14.48 per share

Listing Performance of DK Enterprises Global Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain/Loss(%)

DK Enterprises Global Limited IPO

Oct 22, 2021

40

43.3

8.25

NSE : DKEGL

ISIN CODE :INE0GN101014 

BSE : NA

IPO Opening Date: 7 October 2021

IPO Closing Date: 12 October 2021

Finalisation of Basis of Allotment: 18 October 2021

Initiation of refunds: 20 October 2021

Transfer of shares to demat accounts: 20 October 2021

Listing Date: 22 October 2021

Opening Price on NSE: INR42 per share (up 5% from IPO price)

Closing Price on NSE: INR43.3 per share (up 8.25% from IPO price)

DK Enterprises Global Limited

Plot No-235 Industrial Area Phase-2 Panchkula Haryana 134109

Phone: +91 172 259 1548

Email: cs@dkenterprises.co.in

Website: www.dkenterprises.co.in

Skyline Financial Services Pvt Ltd

A/505, Dattani Plaza,

Andheri Kurla Road Safeed Pool

Andheri (E), Mumbai- 400072

Maharashtra, India

Phone: +91 22 2851 1022

Email: grievances@skylinerta.com

Website: www.skylinerta.com

Category

Non-retail

Retail

Total

Shares Offered

1,050,000

948,000

1,998,000

Day 1

0.18

0.71

0.44

Day 2

0.45

3.31

1.81

Day 3

0.75

7.04

3.88

Day 4

6.71

17.58

11.86

DK Enterprises Global Limited IPO FAQ's

DK Enterprises Global Limited IPO is a SME IPO of ₹40 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 1,998,000 Eq Shares of ₹10 (aggregating up to ₹7.99 Crore). The initial public offering (IPO) begins on Oct 7, 2021 and ends on Oct 12,, 2021. The minimum order quantity is 3000 Shares and Market Lot size is 3000 shares.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE, SME.

The DK Enterprises Global Limited IPO opening date is Oct 7, 2021 and closing date is Oct 12, 2021.

DK Enterprises Global Limited IPO Market lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

DK Enterprises Global Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for DK Enterprises Global Limited IPO will be done on Oct 18, 2021 and the allotted shares will be credited to your demat account by Oct 20, 2021. Check the DK Enterprises Global Limited IPO allotment status.

The DK Enterprises Global Limited IPO listing date is Oct 22, 2021.

DK Enterprises Global Limited IPO Comments