Ducol Organics and Colours Limited is engaged in the business of manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants and master batches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textile, Detergent, Paper, Rubber and Plastics.
The company has a pan-India customer base, with integrated operations which involves development, manufacturing, marketing and distribution of a wide range of dispersions & masterbatches primarily to industries such as paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents and FMCG.
The company offer following pigment dispersions and preparations:
- Dutint – water based dispersions for decorative paints
- Duplast – MB for plastic industry
- Duprint – water based dispersion for printing ink formulations
- Dutex – pigment pastes for textile printing industry
- Dusperse – for soap and detergent industry
- Dupralin – for paper industry
- Dupren – used in rubber industry
- Ducem – Dry dispersions various general application
Ducol Organics and Colours has three (3) manufacturing units situated near Mumbai out of which two (2) are situated at Taloja MIDC and the third is situated at Mahad MIDC. The company has obtained ISO 9001: 2015 certification for our Unit I and Unit II situated at Taluja MIDC.
Ducol Organics and Colours IPO – Details
| IPO Opening Date | 09 January 2023 |
| IPO Closing Date | 11 January 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 40,40,000 shares Worth ₹31.51 Crore Fresh Issue: 40,40,000 shares Worth ₹31.51 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Ducol Organics and Colours IPO – Date Schedule
| IPO Open Date | 09 January 2023 |
| IPO Close Date | 11 January 2023 |
| Basis of Allotment | 16 January 2023 |
| Initiation of Refunds | 17 January 2023 |
| Credit of Shares to Demat Account | 18 January 2023 |
| IPO Listing Date | 19 January 2023 |
Ducol Organics and Colours IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1600 | 1,24,800 |
| Maximum | 1 | 1600 | 1,24,800 |
Competitive Strengths
- Experienced & Qualified Team.
- Product diversification & Wide Product Offering.
- Diverse Customer Base.
- The company has in- house Research & Development.
Company Promoters
- Aamer Ahmed Farid
- Hani Ahmed Farid
Object Of The Issue
- Funding working capital requirements of the Company.
- General corporate purpose.
- Issue Related Expenses.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 73.72 | 69.01 | 0.07 |
| 31 March 2021 | 78.85 | 71.40 | 2.81 |
| 31 March 2022 | 88.93 | 78.93 | 4.91 |
Ducol Organics and Colours IPO Promoter Holding
| Pre Issue Share Holding | 79.46% |
| Post Issue Share Holding | 57.38% |
Ducol Organics and Colours IPO Prospectus
Company Contact Information
| Ducol Organics and Colours Limited Office No 302, Express Building, 14-E Road, Churchgate, Mumbai – 400020, Maharashtra, India Phone: +91 22 4608 2353 Email: ipo@ducol.com Website: www.ducol.com |
Ducol Organics and Colours IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91 22 6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Ducol Organics and Colours IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Ducol Organics and Colours IPO FAQs
| What is Ducol Organics and Colours IPO? Ducol Organics and Colours IPO is a SME IPO. The issue is priced at ₹78 per equity share. The IPO is to be listed on NSE SME. |
| When Ducol Organics and Colours IPO will open? The IPO is to open on 09 January 2023 for NII and Retail Investors. |
| What is Ducol Organics and Colours IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Ducol Organics and Colours IPO? You can apply Ducol Organics and Colours IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Ducol Organics and Colours IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Ducol Organics and Colours”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Ducol Organics and Colours IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Ducol Organics and Colours”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Ducol Organics and Colours IPO Size? Ducol Organics and Colours IPO size is ₹31.51 crores. |
| What is Ducol Organics and Colours IPO Price Band? Ducol Organics and Colours IPO Price Band is ₹78. |
| What is Ducol Organics and Colours IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,24,800 amount while the maximum bid is 1600 shares with ₹1,24,800. |
| What is the Ducol Organics and Colours IPO Allotment Date? Ducol Organics and Colours IPO allotment date is 16 January 2023. |
| What is the Ducol Organics and Colours IPO Listing Date? Ducol Organics and Colours IPO listing date is 18 January 2023. The IPO is to list on NSE SME. |
