Business Standard

Dolfin Rubbers Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

5.20 cr

Price Range (₹)

26

Lot Size

4000

Min Investment (₹)

1,04,000.00

Listing Exchange

BSE - SME

Open Date

27-Sept-2018

Close Date

01-Oct-2018

Listing Date

10-Oct-2018

Dolfin Rubbers Ltd News

    The Shares of Dolfin Rubbers Ltd have now been listed.

    Dolfin Rubbers Ltd IPO Details

    Public issue of 20,00,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Dolfin Rubber Limited (The company or drl or the issuer) for cash at a price of Rs. 26/- per equity share (including a share premium of Rs. 16.00 per equity share) (issue price) aggregating to Rs. 5.20 Crores (the issue) of which 1,04,000 equity shares aggregating to Rs. 0.27 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 18,96,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 26.00 per equity share aggregating to Rs. 4.93 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.59% and 25.20%. Respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 26.00 is 2.6 times of the face value.

    Objective of issue

    To Meet Working Capital Requirements. General Corporate Purpose.

    Dolfin Rubbers Ltd Contact Details

    Dolfin Rubbers Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - dolfintube@gmail.com

    Website - www.dolfintyres.com