Diksha Greens Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,108,000 (47%) | — | ₹632 Cr |
| Retail | — | 2,108,000 (47%) | — | ₹632 Cr |
| Market Maker | — | 224,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 4,440,000 (100%) | — | ₹13,320 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 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 1,256 | 4,183 | 5,447 |
| Profit After Tax | 41 | 55 | 64 |
| Total Assets | 3,095 | 2,465 | 3,231 |
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
- 1 Working Capital Requirement – 12.57
- 2 Public issue expenses – 0.75
Company Overview
Incorporated in 2004, Kolkata based Diksha Greens Limited is a company engaged in the business of trading of timber, wooden logs, sawn timber and manufacturing of veneer sheets.
In 2006 the company obtained Importer-Exporter code (IEC) and started importing the wooden logs and timber. It imports logs and timbers from many countries including Malaysia, Vietnam, Burma, Nigeria, Ghana, Ivory Coast, Ecuador, Salvador, Costa Rica, Solomon Island, Papua and Guinea etc.
Diksha has a Factory located in Baidyabati, Hooghly, West Bengal. In this unit, the logs are sold in raw form as well as sawn timber. Here veneer sheets are also produced as per the customer requirements.
This year the company has decided to expand its business. It purchased a Multi-Commodity Cold Storage wherein storage facilities for fruits and vegetables are offered to traders/farmers.
The company plans to involve into trading of fruits, vegetables, Dry Fruits, Egg, Fish and Spices in future.
Diksha Green has 9 employees on its payroll.