Dolfin Rubbers Ltd
Issue Analysis :
| Issue opens | Sept.27, 2018 |
| Issue Closes | Oct. 01, 2018 |
| Issue Price | Rs 26 |
| Lot Size | 4000 |
| Issue Size | 5.20 Cr |
| Lead Manager | Guiness Corporate Advisors Private Limited |
| Registrar | Bigshare Services Pvt Ltd |
| Platform | BSE |
Company’s Snapshot :
Dolfin Rubbers is engaged in manufacturing of Auto and Animal Driven Vehicle (ADV) tubes supporting the tyre industry near Ludhiana (Punjab). Its range of rubber tubes, suitable for tyres of various types of vehicles viz., Mopeds, Scooters, Motorcycles, Cars, Jeeps, Buses, Trucks and Tractors with the use of Butyl rubber.
The company was incorporated on 12 October 1995 and it started manufacturing tubes in the year 1997. Its registered office is located at 79/l, Block-H, Sarabha Nagar, Ludhiana- 141001, Punjab and it carries out production through its manufacturing unit situated at Village Gaunspur, Humbran-·141102, Ludhiana, Punjab. The company has established distribution network across India. It has presence in 27 states and union territories in India through distributors who assist it in supplying its products to a wide network of retail suppliers.
Object of the Issue:
The objects of the Issue are to:
- Working Capital Requirement
- General Corporate Purpose
- Issue Expenses
Financial Highlights :
| Dolfin Rubbers’ financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 10M FY2018 | |
| Total revenue | 25.0 | 28.6 | 32.6 | 40.9 | 43.1 | 42.2 |
| Total expenses | 24.3 | 27.7 | 31.7 | 39.8 | 41.9 | 40.9 |
| Profit after tax | 0.50 | 0.57 | 0.67 | 0.53 | 0.70 | 1.03 |
Company Promoters:
The Promoters of the Company is:
- Kawaljit Singh
- Ratinder Kaur
Contact Company Information:
Dolfin Rubbers Limited
79/1, Block-H
Sarabha Nagar
Ludhiana Punjab 141002
Phone: +91 0161 5031030
Email: dolfintube@gmail.com
Website: www.dolfin.co.in