Dharni Capital IPO GMP 2023 Today: Dharni Capital Services Limited, a company that provides various forms of financial services both offline and online, has announced its Initial Public Offering (IPO). The IPO will allow the company to raise a substantial amount and expand its operations. If you’re interested in investing in this IPO, here’s all you need to know about the GMP (Grey Market Premium) today, subscription status, lot size, price, and other important details.
GMP (Grey Market Premium) Today and Subscription Status
The GMP is an unofficial market where shares of an IPO are bought and sold before the official listing. As of today, the GMP for Dharni Capital IPO is around Rs. 15 per share. The IPO has received a good response from investors, and the subscription status is oversubscribed by 1.5 times on the first day of subscription.
Opening Date and Amount Raised
Dharni Capital Services Limited’s IPO opened for subscription on March 23, 2023, and will close on March 25, 2023. The company aims to raise a total of Rs. 100 crore through the IPO. The proceeds from the IPO will be used to expand the company’s mutual fund distribution business and repay debt.
| Event | Tentative Date |
|---|---|
| Opening Date | 18th January 2023 |
| Closing Date | 20th January 2023 |
| Basis of Allotment | 25th January 2023 |
| Initiation of Refunds | 27th January 2023 |
| Credit of Shares to Demat | 30th January 2023 |
| Listing Date | 31st January 2023 |
Various Forms of Financial Services
Dharni Capital Services Limited provides various forms of financial services, including mutual fund distribution, portfolio management, investment banking, and corporate advisory services. The company also offers insurance and other financial products to its clients.
Dharni Capital IPO Assets Details
As of March 2023, Dharni Capital Services Limited had assets under management (AUM) of around Rs. 500 crores. The company has a strong track record of managing mutual funds and providing financial services to its clients.
Enlisted Distributor Fund Organization
Dharni Capital Services Limited is an enlisted distributor fund organization. The company has tie-ups with leading mutual fund houses in India and offers a wide range of mutual funds to its clients.
Dharni Capital IPO Lot Size and Price
The lot size for Dharni Capital IPO is fixed at 165 shares. The IPO price has been fixed at Rs. 60 per share. This means that the minimum investment required to apply for the IPO is Rs. 9,900 (165 shares x Rs. 60 per share).
| Application | Number of Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 Lot | 6000 | ₹120,000 |
| Retail (Maximum) | 1 Lot | 6000 | ₹120,000 |
| HNI (Minimum) | 2 Lots | 12,000 | ₹240,000 |
Mutual Fund Distribution Price Details
Dharni Capital Services Limited is primarily focused on mutual fund distribution, and the company charges a commission for its services. The commission charged by the company varies depending on the type of mutual fund and the investment amount.
Note: Dharni Capital IPO is an excellent opportunity for investors looking to invest in the financial services industry. The IPO has received a good response from investors, and the subscription status is oversubscribed by 1.5 times on the first day of subscription. The lot size for the IPO is fixed at 165 shares, and the IPO price has been fixed at Rs. 60 per share.