DP Abhushan IPO Date | Details | Allotment | GMP

DP Abhushan IPO

DP Abhushan is engaged in the retail business of various jewelleries and ornaments made out of gold, diamonds and platinum studded with precious and semi-precious stones.

Its portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewellery.

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As on date of prospectus, the company has four showrooms under the “D.P. Jewellers” brand located in four different cities of India i.e. Ratlam, Indore, Bhopal and Udaipur. All of these showrooms are operated and managed by the company, and has been taken on rental basis.

Further, it has plans to expand the retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17.

Promoters of DP Abhushan 

  • Mr Anil KatariaMr Vikas Kataria, Mr Santosh Kataria, Mrs Renu Kataria, Mr Sanjay Kataria, Anil Kataria HUF, Vikas Ratanlal Kataria HUF, Santosh Ratanlal Kataria HUF, Sanjay Manoharlal Kataria HUF, Rajesh Manoharlal Kataria HUF, Manoharlal Pannalal Kataria HUF
DP Abhushan IPO details
Subscription Dates 9 – 11 October 2017
IPO Price band 28 INR per share
Fresh issue 5,932,000 shares (INR16.61 crore)
Offer for sale Nil
Total IPO size 5,932,000 shares (INR16.61 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

DP Abhushan Limited Contact Detail

19, Chandani Chowk
Ratlam – 457001, Madhya Pradesh

Phone: +91 7412 490966
Email: [email protected]
Website: www.dpjewellers.com

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