Dhyaani Tile & Marblez is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

Bidding Dates
30 Mar 2022 - 04 Apr 2022
Subscription
2.16x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹102,000112000480.0 K₹5168.42 %₹24.5 MRHP DOC

Dhyaani Tradeventures IPO SUBSCRIPTION STATUS

04 Apr '22
Total2.16x
Retail Individual Investor2.36x
HNI (NII) Investors1.96x
Qualified Institutional Buyers-

Dhyaani Tradeventures IPO overall subscription rate was 2.16 times the total available shares

Dhyaani Tradeventures IPO retail subscription rate was 2.36 times in the retail segment

Dhyaani Tradeventures IPO non-institutional investor subscription rate was 1.96 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
01 Apr 2022
(Day 3)
0.82x0.98x-
04 Apr 2022
(Day 4)
2.36x1.96x-
30 Mar 2022
(Day 1)
0.27x0.72x-
31 Mar 2022
(Day 2)
0.68x0.98x-

Dhyaani Tradeventures FINANCIALS

Period Net Profit (Rs in millions) Revenue from operations (Rs in millions) Cash Flow from operations (Rs in millions) Free Cash flow (Rs in millions) Margins
H1FY22 2.4 104.1 1.8 1.8 3.0%
FY21 2.7 145.8 8.0 8.0 2.5%
FY20 -0.7 71.3 3.9 3.9 -1.3%
FY19 1.0 93.6 4.0 4.0 1.4%

Dhyaani Tradeventures IPO SUBSCRIPTION STATUS DETAILS

Dhyaani Tradeventures had 480.0 K shares on offer

Dhyaani Tradeventures IPO offer price was ₹51

Dhyaani Tradeventures IPO minimum Investment was ₹102000

Dhyaani Tradeventures IPO issue size was ₹ 24.5 M

Dhyaani Tradeventures had a minimum lot size of 2000 Shares per application

Dhyaani Tradeventures NUMBER OF SHARES ON OFFER

Total480.0 K
Fresh Issue480.0 K
Offer for Sale0
Post Issue Promoter Holding %68.42 %

Dhyaani Tradeventures IPO IMPORTANT DATES

Issue Open Date30 Mar 2022
Issue close Date04 Apr 2022
Allotment Date07 Apr 2022
Refund Date08 Apr 2022
Demat Account Credit Date11 Apr 2022
Listing Date12 Apr 2022
Listing on Exchange(s)BSE
Dhyaani Tradeventures Allotment StatusExchange

Dhyaani Tradeventures IPO subscription opened on 30 Mar 2022, and closed on 04 Apr 2022

IPO allotment for Dhyaani Tradeventures was finalized on Thursday, 07 Apr 2022

IPO listing for Dhyaani Tradeventures was on BSE on Tuesday, 12 Apr 2022

Dhyaani Tradeventures IPO LISTING GAINS

Issue Price (adjusted)18.2
Listing Open Price52.3
Listing Close Price54.8
Listing Gain%2.5%
Current Gain%-34.7%

Dhyaani Tradeventures Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Dhyaani Tradeventures Ltd.11.91.8298.5-3.10.10.20.127.2121.60.1-72.70-97.6
Adani Enterprises Ltd.2615.4353971.261.7-2.32.811.53.6102943.22.69339.531.642.4-26.8
Redington Ltd.330.425833.715.23.70.214.74.4119347.419.91490.2-7.121.84.1
Lloyds Enterprises Ltd.60.29192.781.9-1.44.66.83.92183.739283.4396.50.7-60
Augmont Enterprises Ltd.986.49013.536.826.694282.542.3333.953.3
MMTC Ltd.52.27834.517.502869.818.313.8180.6-31.3387.4347.23355.5

Dhyaani Tradeventures INFORMATION ON IPO ISSUE

About Dhyaani Tradeventures

Dhyaani Tile & Marblez is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

Object of the Issue

  1. Funding the working capital requirements of the company
  2. General corporate purposes

Dhyaani Tradeventures - PROMOTERS

Name
Chintan Nayan Bhai Rajyaguru

Dhyaani Tradeventures Lead Manager

Gyr Capital Advisors Private Limited

info@gyrcapitaladvisors.com

Dhyaani Tradeventures Registrar to the Offer

Kfin Technologies Private Limited

dhyaani.ipo@kfintech.com

Dhyaani Tradeventures Strengths

Widespread distribution network

The company generally sells products through a network of distributors and dealers/traders located at different locations of the country

Strength

Experienced team

The company has an experienced management and a dedicated employee base

Strength

Quality assurance

The company has an in-house testing laboratory to test the products. The finished product passes a quality check to ensure relevant quality parameters are as per the standards set

Strength

Strategically beneficial location

The geographic location of the business unit provides it with a competitive advantage as this location is surrounded by customers

Strength

Dhyaani Tradeventures Risks

Outstanding litigation

There are outstanding litigations involving the company and against promoters

Risk

Negative cash flows

The company has experienced negative cash flows in relation to operating activities and investment activities in recent years/ periods

Risk

Dependend on third parties

The company is dependent on third parties for logistics and transportation needs

Risk

IPO FAQs

  • Dhyaani Tile and Marblez Ltd. IPO listing opened at Rs 52.25 while the issue price was Rs 51.00 giving 2.45% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 18.21 giving -34.71% gains since its IPO listing.
  • The promoter of the company is Chintan Nayan Bhai Rajyaguru.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 51.0 - 51.0.
  • The IPO application opens on Mar 30, 2022 and closes on Apr 04, 2022.
  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
  • For all category investors, the minimum application amount for this IPO is Rs. 102,000.0, the maximum value for this IPO is Rs 102,000.0.
  • This IPO will be allotted on Apr 07, 2022.
  • The refund will be credited to your account on Apr 08, 2022.
  • The allotted shares will be credited to your demat on Apr 11, 2022.
  • Dhyaani Tile and Marblez Ltd.’s shares listed on the stock exchanges on Apr 12, 2022.