Ducol Organics And Colours Limited IPO Detail
( Jan 9, 2023 – Jan 11, 2023 )
Ducol Organics And Colours Limited is a company that was established in 1994 and provides pigment dispersions for various industries. Its products include color solutions for paints, ink, textiles, detergents, paper, rubber, and plastics. The company primarily manufactures and sells pigment dispersions, preparations, concentrates, paste colorants, and master batches.
Ducol Organics And Colours Limited has a wide range of products and serves customers throughout India, making it a supplier to a diverse group of industries including paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG (fast-moving consumer goods).
Ducol Organics And Colours has two operational manufacturing facilities located in Taloja. The company is in the process of establishing a third manufacturing unit at Mahad, where trials are currently being conducted.
Here is a list of products offered by Ducol Organics And Colours:
- Dusperse – for soap and detergent industry
- Dupralin – for paper industry
- Dupren – used in rubber industry
- Ducem – Dry dispersions various general applications
- Dutex – pigment pastes for textile printing industry
- Dutint – water based dispersions for decorative paints
- Duplast – MB for plastic industry
- Duprint – water based dispersion for printing ink formulations
The first two units of Ducol Organics And Colours located in Taluja MIDC have obtained ISO 9001: 2015 certification. The first unit has a capacity of 3,500 MTPA (metric tons per annum) for wet dispersions, while the second unit has a capacity of 2,000 MTPA for master batches and 10,000 MTPA for dry dispersions. With the addition of the third unit, which is in the process of being established, the company will be able to increase its capacity and improve its delivery of products.
Ducol Organics And Colours IPO Competitive Strength
- Experienced & Qualified Team
- Product diversification & Wide Product Offering
- Diverse Customer Base
- We have in-house Research & Development
Ducol Organics And Colours IPO Financials Performance ( Results )
Ducol Organics And Colours Limited Financial Information ( Consolidated ): Following are the details as per the restated financial statements for the financial years ended on March 31, 2022, 2021 and 2020:
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | Profit After Tax (PAT) | Earnings per share (Basic) EPS | Net Worth | Reserves | Debt |
| 31-Mar-20 | 6140.42 | 7372.13 | 7 | 0.07 | 1405.68 | 1105.68 | 2296.91 |
| 31-Mar-21 | 5710.12 | 7885.8 | 281.43 | 2.68 | 1610.63 | 1389.94 | 1656.68 |
| 31-Mar-22 | 6347.51 | 8893.61 | 491.11 | 4.68 | 2089.57 | 1853.14 | 1991.51 |
| 30-Sep-22 | 6055.33 | 4874.8 | 417.22 | 3.97 | 2484.83 | 1490.35 | 1350.01 |
Objective of IPO Issue
The company plans to use the proceeds of the issue to achieve the following objectives:
- Funding working capital requirements of our Company
- General corporate purposes.
Ducol Organics And Colours IPO Basic Details
| IPO Date | Jan 09, 2023 to Jan 11, 2023 |
| Listing Date | Friday, January 19, 2022 |
| Face Value | ₹10 per share |
| Price | ₹78 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Fresh Issue | 4,040,000 shares of ₹10 (aggregating up to ₹31.51 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the Offer |
| Retail Shares Offered | 50% of the Offer |
| Company Promoters | Aamer Ahmed Farid and Hani Ahmed Farid are the promoters of the Company. |
Ducol Organics And Colours IPO Timetable
Ducol Organics And Colours IPO will open on 09 Jan 2023 and close on 11 Jan 2023. You can join Ducol Organics And Colours IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 09 Jan 2023 |
| Closing Date | 11 Jan 2023 |
| Basis of Allotment | Jan 16, 2023 |
| Initiation of Refunds | Jan 17, 2023 |
| Credit of Shares to Demat | Jan 18, 2023 |
| Listing Date | Jan 19, 2023 |
Ducol Organics And Colours IPO Lot Size
For retail investors in Ducol Organics And Colours IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹124.800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹124.800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| B-HNI (Min) | 2 | 3200 | ₹249,600 |
Ducol Organics And Colours IPO Promoter Holding
| Pre Issue Share Holding | 79.46% |
| Post Issue Share Holding | 57.38% |
Ducol Organics And Colours IPO Valuation – FY 2022
| Earning Per Share (EPS) March 31, 2022 | ₹4.68 per Equity Share |
| Earning Per Share (EPS) September 30, 2022 | ₹3.97 per Equity Share |
| Price/Earning P/E Ratio March 31, 2022 | 16.68 |
| Price/Earning P/E Ratio September 30, 2022 | 19.63 |
| Industry P/E | 23.67 (Average) |
| Return on Net Worth (RoNW) | 23.50% |
| Net Asset Value (NAV) March 31, 2022 | ₹19.90 per Equity Share |
| Net Asset Value (NAV) | ₹38.76 per Equity Share |
Ducol Organics And Colours Ltd Peer comparison
| Company Name | CPM (₹) | Face Value (₹) | EPS (₹) | Price/Earning (P/E) Ratio | Return on Net Worth (RoNW) (%) |
| Aksharchem (India) Limited | 339.50 | 10 | 15.62 | 21.74 | 5.68 |
| Asahi Songwon Colors Limited | 275.15 | 10 | 19.94 | 13.80 | 7.98 |
| Clariant Chemicals (India) Limited | 407.75 | 10 | 17.31 | 23.56 | 10.46 |
| Vipul Organics Limited | 137.85 | 10 | 5.06 | 27.25 | 13.31 |
| Ultramarine & Pigments Limited | 375.10 | 2 | 23.28 | 16.11 | 6.78 |
| Sudarshan Chemical Industries Limited | 389.85 | 2 | 9.85 | 39.57 | 15.59 |
| Ducol Organics And Colours Limited | 78.00 | 10 | 4.68 | 16.68 | 23.50 |
Ducol Organics And Colours IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 17 January 2023 | ₹18 | – | 15000 |
| 11 January 2023 | ₹16 | – | – |
| 10 January 2023 | ₹25 | – | – |
| 9 January 2023 | ₹6 | – | – |
| 8 January 2023 | ₹5 | – | – |
| 7 January 2023 | ₹4 | – | – |
| 6 January 2023 | ₹5 | – | – |
Ducol Organics And Colours IPO Detail Video:
Ducol Organics And Colours IPO Subscription Status (Bidding Detail)
The Ducol Organics And Colours IPO is subscribed 44.63 times on 11 Jan 2023 5:00:00. The public issue subscribed 31.11 times in the retail category, and 58.15 times in the NII category.
| Category | Subscription |
| NII | 58.15x |
| Retail | 31.11x |
| Total | 44.63x |
Ducol Organics And Colours IPO Prospectus
Ducol Organics And Colours IPO Rating
| Our Rating | 2.0/5.0 |
Ducol Organics And Colours Compnay Contact Information
Registered Office: Office No 302, Express
Building, 14-E Road,
Churchgate, Mumbai –
400020, Maharashtra, India
Contact Person: Sabina Bee Qureshi,
Company Secretary and Compliance Officer
Tel: +91 22 4608 2353
E-mail: ipo@ducol.com
Website: www.ducol.com
Our Promoters: Aamer Ahmed Farid and Hani Ahmed Farid
Ducol Organics And Colours IPO Registrar
Bigshare Services Private Limited
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East), Mumbai – 400 093,
Maharashtra, India
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investor grievance email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal
SEBI Registration No.: INR000001385
Ducol Organics And Colours IPO Lead Manager of the Issue
FIRST OVERSEAS CAPITAL LIMITED
Address: 1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India.
Tel No.: +91 22 4050 9999
Fax No: +91 22 4050 9900
Email: satish@focl.in / mala@focl.in
Investor Grievance Email: investorcomplaints@focl.in
Website: www.focl.in
SEBI Registration No: INM000003671
Contact Person: Satish Sheth / Mala Soneji
Ducol Organics And Colours IPO FAQs
What is the lot size of Ducol Organics And Colours IPO?
The total size of Ducol Organics And Colours IPO is ₹31.51 crores and this is a complete fresh Issue.
When will Ducol Organics And Colours IPO start?
Ducol Organics And Colours IPO will start from 09 Jan 2023 and IPO will Close on 11 Jan 2023.
What is the open date of Ducol Organics And Colours IPO?
Ducol Organics And Colours IPO will start from 09 Jan 2023.
What is the last date ( close date ) of Ducol Organics And Colours IPO?
Ducol Organics And Colours IPO will close from 11 Jan 2023.
What is the price band of Ducol Organics And Colours IPO?
Ducol Organics And Colours IPO Price band is ₹78. ( Fix Price of ₹78 )
What is the minimum amount required to apply for Ducol Organics And Colours IPO?
The minimum investment for retailers to apply for Ducol Organics And Colours IPO is ₹124,800 and the maximum investment is ₹124,800.
What is going on gray market premium of Ducol Organics And Colours IPO?
View gray market premium of Ducol Organics And Colours IPO by Clicking Here
How much is the GMP of Ducol Organics And Colours IPO?
Watch Ducol Organics And Colours IPO GMP Today: Click Here
What is the allotment date of Ducol Organics And Colours IPO?
The allotment date of Ducol Organics And Colours IPO is 16 January 2023.
How to check allotment status in Ducol Organics And Colours IPO?
To check the allotment status of Ducol Organics And Colours IPO, first of all go to the registrar website by clicking here, select your bad Ducol Organics And Colours IPO name or enter your bad application number, PAN number or client ID and click on submit.( Video Coming Soon Link )
What is the listing date of Ducol Organics And Colours IPO?
The listing date of Ducol Organics And Colours IPO is 19 January 2023.
How much will be the listing gain in Ducol Organics And Colours IPO?
View listing gain of Ducol Organics And Colours IPO by Clicking Here
How much time Ducol Organics And Colours IPO is subscribed?
Total 44.63 times subscribed in Ducol Organics And Colours IPO out of which 31.11 times subscription was done in retail quota and 58.15 times subscription in NII quota.
How to apply for Ducol Organics And Colours IPO from Upstox?
Click Here to see how to apply for Ducol Organics And Colours IPO from Upstox. (step by step)
How to apply for Ducol Organics And Colours IPO from Zerodha?
Click Here to see how to apply for Ducol Organics And Colours IPO from Zerodha. (step by step)
How to apply for Ducol Organics And Colours IPO from Angel One?
Click Here to see how to apply for Ducol Organics And Colours IPO from Angel One. (step by step)
