D P Abhushan Limited IPO

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Abhushan Ltd. (DPAL) is engaged in the retail business of various jewellery and ornaments made out of gold, diamonds, and platinum studded with precious and semi-precious stones. Company’s product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles and other wedding jewelry.
Currently, they have four showrooms under the “D.P. Jewellers” brand located in four different cities of India i.e. Ratlam, Indore, Bhopal, and Udaipur. All of these showrooms are operated and managed by it, and has been taken on a rental basis. Further, it has plans to expand its retail network by opening another showroom in Indore, Madhya Pradesh by the end of October’17, for which it has purchased area comprising of 10,395 sq ft. at DNR 90, Mahatma Gandhi Marg, Yashwant Niwas Road, Indore.
The manufacturing of jewelry products is done through job work from third parties. Further, DPAL also purchases readymade jewelry from independent jewelers. It has also entered into an agreement dated May 05, 2015 with R.S. Diamonds Private Limited for sale of diamond jewelry under a brand of “Divine Solitaires” from its retail outlets.
DPAL has also installed 5 wind turbine generators of 750 KW each in Village Bagia & Naveli, Ratlam, Madhya Pradesh in Sept.’12. In Jan.’13, the Company entered into an agreement with MPPMCL (M.P. Power Management Co. Ltd.) for the exclusive sale of power, generated from wind turbine generators to MPPMCL. The company has outsourced all operations and maintenance activities relating to wind turbines to a third party.

D P Abhushan Limited IPO Stock Quote & Charts



  • Open: 52.50
  • High - Low: 52.50 - 52.50
  • Previous Close: 52.00
  • Total Traded Volume: 4000
  • Updated On: 20-Dec-2019

Objects of the D P Abhushan Limited IPO:

1. To meet Working Capital requirements 2. To meet General Corporate Expenses 3. To meet Issue Expenses

D P Abhushan Limited IPO Details:

Open Date: Oct 09 2017
Close Date: Oct 11 2017
Total Shares: 5,932,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 16.61 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 28 Per Equity Share
Listing At: NSE Emerge
Listing Date: Oct 23 2017

Promoters And Management:

1. Mr. Vikas Kataria, 2. Mr. Anil Kataria, 3. Mrs. Renu Kataria, 4. Anil Kataria HUF, 5. Vikas Ratanlal Kataria (HUF), 6. Mr. Santosh Kataria, 7. Santosh Ratanlal Kataria HUF, 8. Sanjay Kataria, 9. Sanjay Manoharlal Kataria HUF, 10. Rajesh Manoharlal Kataria HUF 11. Manoharlal Panalal Kataria HUF

Lead Manager of D P Abhushan Limited IPO:

  1. Hem Securities Limited

Registrar of D P Abhushan Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

D P Abhushan Ltd 138, Chandani Chowk, Ratlam - 457001 Phone: +91-7412- 490966 Email: dpj@dpjewellers.com Website: www.dpjewellers.com

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