Dolfin Rubber Limited IPO

Add to Calendar 2018-09-27 12:00 AM 2018-10-01 12:00 AM Asia/Kolkata Dolfin Rubber Limited IPO Dolfin Rubber Limited India

Dolfin Rubber Limited is engaged in the business of manufacturing and distribution of Automotive and Animal Driven Vehicle tubes fulfilling tyre industry. The company has developed a strong experience of over 2 decades in manufacturing quality rubber tube products that fulfil the requirements of domestic markets. It sells the tubes under its own brand name ‘Dolfin’ across India.

Date of Incorporation: The company was incorporated on 12th October 1995 as ‘Dolfin Rubbers Limited’ in the state of Punjab.

Promoters of Dolfin Rubber Limited: Mr Kawaljit Singh and Mrs Ratinder Kaur are the promoters of Dolfin Rubber Limited.

Products and Services Offering: The company offers the vast range of tubes that are used for Scooters, Mopeds, Cars, Motorcycles, Jeeps, Tractors and Trucks among other vehicles. The tubes are specially produced with Butyl Rubber in Heat Resistant Compound.

Customer Segments: The company has an overall strong presence in the domestic markets mainly in the states of Maharashtra, Gujarat, Karnataka, New Delhi and Himachal Pradesh among several other states. It has also started exporting its products in the countries of Sri Lanka, Pakistan, Nepal, Egypt and Bangladesh among others. But primarily focusing on the Domestic markets.

Objects of Dolfin Rubber Limited IPO: The core objectives of this IPO include:

  • - To fulfil Working Capital Requirements.

  • - To meet General Corporate Expenses.

  • - To meet the Issue Expenses.

Company Financials:

Summary of Financial Information (Restated)

Particulars

For the year/period ended (in Rs. Lakhs)


31-Mar-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

1,814.92

1,651.05

1,261.86

1,298.04

1,558.87

1,402.92

Total Revenue

4,220.09

4,308.65

4,092.37

3,255.34

2,856.57

2,503.22

Profit After Tax

102.91

69.56

52.81

67.33

56.83

50.01

Issue Detail

  • Issue Open: Sep 27, 2018
  • Issue Close: Oct 01, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 26 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 5.20 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 948,000 948,000 - - 1,896,000
Day 1 - Sep 27, 2018IST - 0.25x 0.03x - - 0.14x
Day 2 - Sep 28, 2018IST - 0.96x 0.15x - - 0.56x
Day 3 - Oct 01, 2018IST - 1.82x 0.68x - - 1.25x

Listing Day Trading Information

- BSE NSE
Issue Price Rs 26.00 -
Open Rs 27.50 -
Low Rs 27.00 -
High Rs 27.60 -
Last Trade Rs 27.05 -
Volume 5,45,000 -

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Frequently Asked Questions

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