Ducol Organics & Colours Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,819,200 (45%) | — | ₹1,419 Cr |
| Retail | — | 1,819,200 (45%) | — | ₹1,419 Cr |
| Market Maker | — | 401,600 (10%) | — | ₹31 Cr |
| Σ Total | — | 4,040,000 (100%) | — | ₹31,512 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 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,747,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,361,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 4,875 | 8,894 | 7,886 |
| Profit After Tax | 417 | 491 | 281 |
| Net Worth | 2,485 | 2,090 | 1,611 |
| Total Assets | 6,055 | 6,348 | 5,710 |
| Reserves & Surplus | 1,490 | 1,853 | 1,390 |
| Total Borrowing | 1,350 | 1,992 | 1,657 |
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
- Funding working capital requirements of our Company – 23.78
- General Corporate Purposes – 6.94
Company Overview
Incorporated in 1994, Ducol Organics And Colours Limited offer a range of pigment dispersions for various industries. They offer products like Paints, Ink, Textile, Detergent, Paper, Rubber, and Plastics color solutions. They primarily engage in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants, and master batches.
Having such a broad product display and 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.
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 plastic industry
- Duprint - water based dispersion for printing ink formulations
- Dutex - pigment pastes for textile printing industry
- Dusperse - for soap and detergent industry
- Dupralin - for paper industry
- Dupren - used in rubber industry
- Ducem - Dry dispersions various general applications
The company has obtained ISO 9001: 2015 certification for the first two unit situated in Taluja MIDC. The first unit has a capacity of 3,500 MTPA for Wet Dispersions whereas the second unit has capacity of 2,000 MTPA for Master Batch, and 10,000 MTPA for Dry Dispersions. With the third unit, soon to be started, the company will be able to expand its capacity and deliver its products more efficiently.