Ducol Organics And Colours IPO

Ducol Organics And Colours IPO

 Ducol Organics And Colours IPO will open for subscription from 09 January 2023. the company aims for an issue size of ₹31.51 Cr through this IPO.

About Company

Incorporated in 1994, Ducol Organics and Colours offers a range of pigment dispersions for various industries. It offers products like Paints, Ink, Textile, Detergent, Paper, Rubber, and Plastics color solutions. It primarily engages in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches.

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 paints
  • Duplast – MB for the plastic industry
  • Duprint – water-based dispersion for printing ink formulations
  • Dutex – pigment pastes for the textile printing industry
  • Dusperse – for the soap and detergent industry
  • Dupralin – for the paper industry
  • Dupren – used in the rubber industry
  • Ducem – Dry dispersions of various general applications

Basic details about the company

Full nameDucol Organics And Colours Limited
Company Websitehttps://www.ducol.com/home.html

The objective of the Issue

  • Funding working capital requirements of our Company.
  • General corporate purposes.

Major Competitive strengths

  • Strong and experienced management team.
  • Broad product portfolio.
  • 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.

IPO Timetable

IPO Opening date09 January 2023
IPO Closing11 January 2023
Basis of Allotment16 January 2023
Initiation Refund17 January 2023
Credit to Demat Account18 January 2023
Listing Date19 January 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹31.51 Cr – 4,040,000 shares
Fresh Issue₹31.51 Cr – 4,040,000 shares
Offer for saleNil
Face value₹10 per share
Offer price₹78 per share
Lot size1600 Shares
Retail Allocation50% of the Net Issue
Listing ExchangeNSE SME

IPO Lot Size

Retail (Min)11600₹124,800
Retail (Max)11600₹124,800
HNI (Min)23,200₹249,600

Reservation Details

NII (HNI) Shares Offered50%
Retail Shares Offered50%

Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income0.072.814.914.17
(Amount in ₹ Crores)

Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio16.68
RONW (%)0.5017.4723.50

Company Promoters

  • Aamer Ahmed Farid
  • Hani Ahmed Farid

Promoter Holding

Pre Issue Share Holding80.86%
Post Issue Share Holding%

Lead Manager(s)

  • First Overseas Capital Limited

IPO Registrar

Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Contact Details

Plot No. 22/2, Taloja,
Taluka Panvel, Raigad,
Maharashtra India
Phone: +91 22 4608 2353
E-mail: ipo@ducol.com
Website: www.ducol.com

Allotment Status

Ducol Organics IPO allotment status will be available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.

Final thoughts

Ducol Organics And Colours IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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