Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

Dhariwalcorp IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 102  to  106 per share
Profile
Min Investment ₹106
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Incorporated in 2020, Dhariwalcorp Limited is a company that trades a wide variety of waxes, industrial chemicals, and petroleum jelly. They process, buy, sell, import, and trade different kinds of waxes, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi-Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, and Soya Wax. Dhariwalcorp also deals with industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly Read More

Basic Info

Face Value 10 per share

Price 102  to  106 per share

P/E (x) 24.1

Sales( Cr.) 234

PAT( Cr.) 4

EPS 4.4

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Manish Dhariwal Ms. Shakshi Dhariwal Mr. Dilip Dhariwal.

Pre Issue Share Holding 100%

Post Issue Share Holding 38.85%

Listing Details:

Listing Price: 15.471994965387

Listing Gain: -585.11%

Current Price: 33

Gain On Issue: 33 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 01, 2024
Closing Date Aug 05, 2024
Allotment Aug 06, 2024
Refund Aug 07, 2024
Delivery of Shares Aug 07, 2024
Listing Date Aug 08, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 127,200
Retail (Max) 1 1200 127,200
S-HNI (Min) 2 2400 254,400
S-HNI (Max) 7 8400 890,400
B-HNI (Min) 8 9600 1,017,600

Objective of the Issue

1. Funding Capital Expenditure towards construction of Warehouse 2. Funding working capital requirements of the company 3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 1186200 91254366 76.9x
NII 355860 99345436 279.2x
Retail 830340 152691223 183.9x
EMP 0 0 0x
Total 2372400 415051380 175x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Dhariwalcorp Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 159 194 229 234
Other Income 1 1 2 3
Total Income 159 195 231 236
Total Expenditure 157 194 224 230
Operating Profit 2 2 7 6
Interest 0 1 1 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 2 1 6 5
Provision for Tax 0 0 2 1
Profit After Tax 1 1 5 4
Adjustments 0 0 0 0
Profit After Adjustments 1 1 5 4
Adjusted Earnings Per Share 0.6 0.2 1.4 0.8

Dhariwalcorp Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 3 9 35
Minority's Interest 0 0 0 0
Borrowings 1 0 2 3
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 11 17 10 30
Total Liabilities 14 20 21 68
Fixed Assets 2 2 2 6
Other Non-Current Assets 0 0 3 7
Total Current Assets 12 18 17 54
Total Assets 14 20 21 68

Dhariwalcorp Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 1 1 -0 -13
Cash Flow from Investing Activities -0 0 -3 -11
Cash Flow from Financing Activities -1 -1 4 24
Net Cash Inflow / Outflow 0 0 0 -0
Closing Cash & Cash Equivalent 0 0 0 0

Dhariwalcorp Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.56 0.23 1.37 0.79
CEPS(Rs) 0.59 0.28 1.4 0.85
DPS(Rs) 0 0 0.14 0.09
Book NAV/Share(Rs) 0.75 0.99 2.66 7.73
Core EBITDA Margin(%) 1.11 0.16 1.91 1.37
EBIT Margin(%) 1.45 0.76 2.88 2.53
Pre Tax Margin(%) 1.18 0.44 2.63 2.13
PAT Margin (%) 0.9 0.31 1.97 1.52
Cash Profit Margin (%) 0.95 0.36 2.01 1.63
ROA(%) 10.54 3.61 22.02 7.99
ROE(%) 74.33 27.02 80.01 16.39
ROCE(%) 30.07 18.09 50.3 18.55
Receivable days 19.89 18.56 15 19.28
Inventory Days 3.74 5.97 7.85 24.79
Payable days 9.24 12.81 10.15 17.08
PER(x) 0 0 0 11.88
Price/Book(x) 0 0 0 1.22
Dividend Yield(%) 0 0 0 0.48
EV/Net Sales(x) 0.04 0.03 0.07 0.4
EV/Core EBITDA(x) 2.42 3.91 2.28 15.18
Net Sales Growth(%) 0 22.29 17.98 2.06
EBIT Growth(%) 0 -35.66 346.88 -10.61
PAT Growth(%) 0 -57.98 653.06 -21.11
EPS Growth(%) 0 -57.98 483.77 -42.02
Debt/Equity(x) 2.98 2.46 1 0.33
Current Ratio(x) 1.09 1.09 1.62 1.81
Quick Ratio(x) 0.94 0.8 1.12 0.92
Interest Cover(x) 5.51 2.37 11.49 6.45
Total Debt/Mcap(x) 0 0 0 0.14

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 14% 0% 0%
Operating Profit CAGR -14% 44% 0% 0%
PAT CAGR -20% 59% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 110% NA% NA% NA%
ROE Average 16% 41% 49% 49%
ROCE Average 19% 29% 29% 29%

Company Contact Information

Dhariwalcorp Ltd.

36, Narayan Nagar Jodhpur (M Corp), Shobhawato Ki Dhani Pal Link Road

IPO Lead Manager(s)

Dhariwalcorp Ltd.

Shreni Shares Limited

Registrar Info

Dhariwalcorp Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp