Dhruv Wellness Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,320,000 (47%) | — | ₹264 Cr |
| Retail | — | 1,320,000 (47%) | — | ₹264 Cr |
| Market Maker | — | 144,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 2,784,000 (100%) | — | ₹5,568 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirement – 3.85
- General Corporate Purpose – 1.10
- Public Issue Expenses – 0.62
Company Overview
Incorporated in 2015, Dhruv Wellness Ltd is engaged in the business of wholeselling and distributorship of general, pharmaceutical and cosmetic products. They also functions as a stockist of medical, general cosmetics and pharmaceutical products. The company serves retailers, wholesalers and other clients.
They have worked with many renowned distributors in cosmetic and pharma sectors and all of which supply different line of products to the Company. The product ranges from small sachets of shampoos and other toiletries to pharmaceutical products that become a part of every household. Their products are distributed among an extensive chain of retailers across the area starting from Jogeshwari to Dhanu in Mumbai. They have constituted a widespread tie-up with general and medical stores in Mumbai's suburban areas.