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Diksha Greens IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 13.32 Cr. The company is based in Kolkata and caters to Furniture sector. Finshore Management Services is the merchant banker of Diksha Greens IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st October 2018.
Diksha Greens IPO open date is 26th November 2018 and close date is 28th November 2018. IPO Allotment Date is [●] and Listing date is 5th December 2018.
IPO
Size:
₹ 13.32 Cr.
Avg IPO Size (Sector Based)
: ₹
21.92 cr.
Sector: Furniture
SME
IPO so far:
24
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Kolkata
SME
IPO so far:
72
Revenue (annualised):
₹
108.36
cr. 
PE
Ratio:
36.00x
Average Sector PE Ratio: 17.68x
Diksha Greens IPO size is ₹ 13.32 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Diksha Greens IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Diksha Greens IPO.
Diksha Greens IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Diksha Greens IPO, based in Kolkata, operates in the Furniture sector with a focus on trading of timber and wooden logs and manufacturing of venner sheets. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Diksha Greens IPO size is ₹ 13.32 Cr. with fresh issue size of ₹ 13.32 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Diksha Greens IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Diksha Greens IPO allotment status on the registrars website, Cameo Corporate Services Limited . Diksha Greens IPO refund dates are [●].
Diksha Greens IPO is expected to be listed on 5th December 2018.
The upper price band for the Diksha Greens IPO is set at ₹ 30.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Diksha Greens IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Diksha Greens IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th November 2018. After submission, funds are blocked until the basis of allotment of Diksha Greens IPO is finalised.
The merchant banker for Diksha Greens IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Diksha Greens IPO RHP for further details.
The registrar for Diksha Greens IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Diksha Greens IPO through their official website or helpline.
Diksha Greens IPO was subscribed 1.07 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 13.32 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.92 Cr.
Sector: Furniture
SME
IPO so far:
24
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Kolkata
SME
IPO so far:
72
Revenue (annualised):
₹ 108.36 cr.
PE
Ratio:
36.00x
Average Sector PE Ratio: 17.68x
Diksha Greens IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Diksha Greens Financial Review Page
Merchant Banker(s) of Diksha Greens IPO: Finshore Management Services Limited
Diksha Greens IPO subscription was 1.07 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Diksha Greens IPO listed at a listing price of 35.90 against the offer price of 30.00.
The current market price of Diksha Greens is 2.85.
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