Dolfin Rubbers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 948,000 (47%) | — | ₹246 Cr |
| Retail | — | 948,000 (47%) | — | ₹246 Cr |
| Market Maker | — | 104,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 2,000,000 (100%) | — | ₹5,200 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 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,968,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Jan-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 4,220 | 4,309 | 4,092 |
| Profit After Tax | 103 | 70 | 53 |
| Total Assets | 1,815 | 1,651 | 1,262 |
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 To meet Working Capital requirements – 3.67
- 2 General Corporate Purpose – 1.00
Company Overview
Incorporated in 1995, Ludhiana based Dolfin Rubbers Limited is a company engaged in the business of manufacturing Auto and Animal Driven Vehicle (ADV) tubes.
The company manufactures a range of rubber tubes, for various types of vehicles including Mopeds, Scooters, Motorcycles, Cars, Jeeps, Buses, Trucks and Tractors etc.
It sells auto tubes under the 'Dolfin' Brand. The Brand accounts for one of the highest shares of Auto and ADV tubes in Butyl rubber in replacement market in the country.
The company's manufacturing facility is located at Ludhiana.
It has an established distribution network spread across 27 states and union territories in India.
The company has 284 employees on its payroll.
Competitive Strengths-
1. An established brand 'Dolfin'
2. Robust distribution network across India
3. Wide product portfolio to cater to a large customer base