BAJAJ FINSERV DIRECT LIMITED
Latest IPO Information

Dharni Capital Services Ltd. IPO

IPO Date: Jan 18 to Jan 20 2023

Listing Date: Jan 31 2023

Objective

1. Investment in Wholly owned Subsidiary Company
2. General corporate purposes

IPO Details

Face Value ₹ 1.00 Per Share
Issue Size ₹ 10.74 - 0.00 Cr
Price Band ₹ 20.00 - ₹ 0.00 Per Share
Market LOT 6000 shares
Issue Type Fixed Price

About Company

We offer diversified financial services such as Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, Technical Consultancy and Outsourcing. The modus operandi is to counsel individual clients, understand their profile, needs and concerns, build customized financial investment portfolios, offer a comprehensive selection of investment alternatives that will suit their financial goals. We offer a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and ... presence across both online and offline channels. We are a growing Mutual Fund distributor in terms of commission and average asset under managements (AAUM) with a CAGR of 109% and 86% respectively for the three-year period ending Fiscal 2022. The increase in rate of commission is lesser as there was in increase in assets in Debt Mutual fund category, which have a lower commission percentage. We believe we have become an important interface between asset management companies (“AMCs”) and Clients. Read More
Address

816, 7th Floor Oxford Towers Old Airport Road, Kodihalli

City

Bengaluru

State

Karnataka

Pincode

560008

Phone

9945164270

Email

hemant.dharnidharka@dharnigroup.com

Website

www.dharnigroup.com

About IPO

Listed At BSE
Lead Manager Srujan Alpha Capital Advisiors LLP
Promoters
Preeti Saraogi
Hemant Dharnidharka

Promoter's Holding

Registrar

Cameo Corporate Services Ltd

044-28460390/28460394

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Frequently Asked Questions

What is the issue size of Dharni Capital Services Ltd. IPO?

The issue size of Dharni Capital Services Ltd. IPO is ₹10.74 - 0.00 crore.

The Dharni Capital Services Ltd. IPO opens for subscription on 2023-01-18 and closes on 2023-01-20.

The price range of Dharni Capital Services Ltd. IPO is ₹20.00 to ₹0.00.

The lot size of Dharni Capital Services Ltd. IPO is 6000 shares.

The registrar of Dharni Capital Services Ltd. IPO is Cameo Corporate Services Ltd .

Dharni Capital Services Ltd. IPO will be listed on BSE .

You will typically receive a confirmation message or notification from your broker or trading platform shortly after placing your IPO order. This confirms that your application has been submitted successfully. You can also check the order status in the IPO section of your trading account or app.

Apply early with valid UPI and PAN before 2023-01-20 to increase your chances.

The listing date of Dharni Capital Services Ltd. IPO is 2023-01-31.

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time

Growth Potential: Assessing future prospects based on the company's business model and market opportunities

Industry Peers: Comparing valuation metrics with similar companies in the same sector

Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth

Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits

Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums

Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

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The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

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