Diksha Greens IPO – Upcoming IPO in India of Diksha Greens Limited

Diksha greens IPO is set to be issued from 26-Nov-2018 to 28-Nov-2018.

Diksha greens IPO

Company Details

   Diksha Greens Limited is a company incorporated in Kolkata, West Bengal in July 2004. The primary business of this company includes trading in wooden lags and timbers, the operation of the saw mill, manufacturing of veneer sheets, and multi-commodity cold storage. The company obtained Importer-Exporter code (IEC) in 2006 and started importing the wooden logs and timber from countries such as Malaysia, Vietnam, and Burma in Asia, Nigeria, Ghana and Ivory Coast in Africa, Ecuador, Salvador, and Costa Rica in America, Solomon Island, Papua, and Guinea etc.

   The company has a godown cum factory in Baidyabati, Hooghly, West Bengal from where it sells the logs in the raw form. The sawn timber and veneer sheets are produced to suit varied customer preferences from this factory. The company has decided to go for further expansion cum diversion of business activity. After seeing the potential of Agri market, the company acquired a multi-commodity cold storage in West Bengal.

   The company is planning to get involve into trading of fruits, vegetables, dry fruits, egg, fish, and spices in future. As on 30-Sep-2018, the total asset of the company is 3,095.12 Lakhs and the total revenue is 1,256.07 Lakhs.

Promoters: Rajesh Pirogiwal, Mrs. Sunitapirogiwal, Ms. Tanvi Pirogiwal, and Rajesh Kumar Pirogiwal & Sons HUF.

Company Address:  11, Sambhu Chatterjee Street, Jorasanko Kolkata-700007, Telephone: 03322198219, Email ID: cs@dikshagreens.co.in, Website:www.dikshagreens.co.in

Objects of the Diksha Greens IPO Issue

Following are the objects of the Diksha Greens IPO issue:-

  1. To meet the working requirement of the company.
  2. To meet the Issue Expenses.
Diksha Greens IPO Issue Details
Issue Type Fixed-Price Issue IPO
Issue Open 26-Nov-2018
Issue Closes 28-Nov-2018
Face Value Rs 10/- Per Equity Share
Issue Price Rs 30/- Per Equity Share
Issue Size 4,440,000 Equity Shares (Rs 13.32 Crores)
Minimum Order 4000 Shares
Listing BSE SME
Diksha Greens IPO Lead Manager

 Finshore Management Services Limited

Anandlok”, Block-A, 2nd Floor, Room No. 207, 227 A.J.C Bose Road, Kolkata-700020, West Bengal
Telephone: +91 – 33 – 22895101, Email:ramakrishna@finshoregroup.com
Website: www.finshoregroup.com

Diksha Greens IPO Registrar

Cameo Corporate Services Limited

“Subramanian Building”, #1, Club House Road, Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Email: investor@cameoindia.com, Website: www.cameoindia.com

Please go through this prospectus for more detailed information.

(Read: IPO process in India Steps)

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