DHARNI Capital Services Limited

Company Profile
Company Name DHARNI Capital Services Limited
Open Date 18-01-2023
Close Date 20-01-2023
Exchange BSE SME
Lot Size 6000 Shares
Issue Price ₹ 20 per share
Issue Size 53,70,000 Equity Shares
Application Amount ₹ 1,20,000
Recommendation Avoid
Company offers diversified financial services such as Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, Technical Consultancy and Outsourcing since incorporation, 2015. The modus operandi is to counsel individual clients, understand their profile, needs and concerns, build customized financial investment portfolios, offer a comprehensive selection of investment alternatives that will suit their financial goals. Company has presence across both online and offline channels. Company is a growing Mutual Fund distributor in terms of commission and average asset under managements. Company is also registered with Karnataka RERA Authority as an agent. Company has its own app, “Dharni Wealth” on Play Store and App Store.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 25.35 245.24 292.91
Net Assets 11.16 226.74 285.47
Total Borrowings 9.35 - -
Total Revenue 255.41 1,469.40 304.95
Profit After Tax 15.26 96.58 58.73

Tentative Timeline

Opening Date 18-01-2023
Closing Date 20-01-2023
Basis of Allotment 25-01-2023
Initiation of Refunds 27-01-2023
Credit of Shares to Demat 30-01-2023
Listing Date 31-01-2023

Objects of the Issue

Investment in a Wholly-owned Subsidiary Company
General corporate purposes.

Contact Information

Registered Office DHARNI Capital Services Limited 226, Brigade Metropolis Arcade, Whitefield Main Road, Garudacharpalya, Bangalore - 560048
Phone 9945164270
Email info@dharnigroup.com
Website http://www.dharnicapital.com/

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email investor@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Market Maker Shares Offered 2,70,000 (5.03%)
Other Shares Offered 25,50,000 (47.49%)
Retail Shares Offered 25,50,000 (47.49%)
Total Shares Offered 53,70,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.64%

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