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Dhruv Wellness Ltd IPO (Dhruv Wellness IPO) Detail

August 31, 2017 - September 4, 2017

Dhruv Wellness IPO is a fixed price issue of Rs 5.57 crores.

Dhruv Wellness IPO bidding started from August 31, 2017 and ended on September 4, 2017. The shares got listed on BSE SME on September 12, 2017.

Dhruv Wellness IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Gretex Corporate Services Limited is the book running lead manager of the Dhruv Wellness IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to Dhruv Wellness IPO RHP for detailed information.

Dhruv Wellness IPO Details

IPO Date August 31, 2017 to September 4, 2017
Listing Date September 12, 2017
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Total Issue Size2,784,000 shares
(aggregating up to ₹5.57 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue7,755,850
Share holding post issue10,539,850

Dhruv Wellness IPO Reservation

Dhruv Wellness IPO offers 2,784,000 shares. 1,392,000 (50.00%) to NII, 1,392,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered1,392,000 (50.00%)
Retail Shares Offered1,392,000 (50.00%)
Total Shares Offered2,784,000 (100%)

Dhruv Wellness IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000
Lot Size Calculator

About Dhruv Wellness Ltd

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.

Objects of the Issue (Dhruv Wellness IPO Objectives)

The objects of the Issue are:

1. Working capital requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.

Dhruv Wellness IPO Review (Avoid)

[Dilip Davda]  Considering track record and aggressive pricing of Dhruv Wellness BSE SME IPO, there is no harm in giving this IPO a miss. Read detail review...


Dhruv Wellness IPO Subscription Status (Bidding Detail)

The Dhruv Wellness IPO is subscribed times on September 4, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

Dhruv Wellness IPO Prospectus

Dhruv Wellness IPO Rating

65
2.5
Rating:Rated 2.5 stars
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Dhruv Wellness IPO Listing Details

Listing Date September 12, 2017
BSE Script Code 540695
NSE Symbol
ISIN INE109Y01011
Final Issue Price ₹20 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹19.60
₹19.35
₹20.20
₹19.50

Check IPO Performance…

Dhruv Wellness Ltd Contact Details

Dhruv Wellness Ltd
Chawl No -1, Rn 2,
Amba Mata Mandir Comp, Near Italiya Comp,
Veetbhatti, Goregaon (E), Mumbai - 400063
Phone: 022-28711486
Email: pravinprajapati_dhru@yahoo.in
Website: http://www.dhruvwellness.com

Dhruv Wellness IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query

Dhruv Wellness IPO - Buy or Not

Dhruv Wellness IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Dhruv Wellness IPO FAQs

Dhruv Wellness IPO is a SME IPO of 2,784,000 equity shares of the face value of ₹10 aggregating up to ₹5.57 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on August 31, 2017, and closes on September 4, 2017.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Dhruv Wellness IPO opens on August 31, 2017 and closes on September 4, 2017.

Dhruv Wellness IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.

You can apply in Dhruv Wellness IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Dhruv Wellness IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dhruv Wellness IPO allotment status.

The Dhruv Wellness IPO listing date is on September 12, 2017.
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Dhruv Wellness IPO Message Board

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5 Comments

5. TarunGupta |   Link |  Bookmark |September 21, 2017 4:44:17 PM
Just in hurry to get fake status of your application, don''t post your PAN number on any forum. You should keep it very secret.
4. snp |   Link |  Bookmark |September 15, 2017 5:58:05 PM
Admin,
please add pages for bse sme ipo pages for
AKM LACE AND EMBROTEX LIMITED 20 Sep 2017 to 22 Sep 2017
TRIDENT TEXOFAB LIMITED 21 Sep 2017 to 26 Sep 2017
3. pankajmadhav |   Link |  Bookmark |September 12, 2017 10:47:54 PM
Please avoid your hard earned money.
2. DownriteVJ |   Link |  Bookmark |September 4, 2017 1:16:55 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
1.05X
1. Baskaran |   Link |  Bookmark |August 30, 2017 1:12:42 PM
AVOID