Dhariwalcorp Limited

About the company

## **About Dhariwalcorp Limited** Incorporated in 2020, Dhariwalcorp Limited is a prominent player in the trading of a diverse range of waxes, industrial chemicals, and petroleum jelly. With a comprehensive product portfolio that includes Paraffin Wax, Micro Wax, Carnauba Wax, and numerous other types of waxes, the company caters to a variety of industries such as plywood, paper coating, candle production, textiles, pharmaceuticals, and more. In addition to waxes, company specializes in industrial chemicals like Rubber Process Oil, Citric Acid Monohydrate, and refined glycerin, as well as petroleum jelly products including Paraffin Petroleum Jelly and White Petroleum Jelly. This broad spectrum of products enables the company to serve multiple sectors with high-quality, timely deliveries. Dhariwalcorp  operational footprint spans across India with a robust presence in 21 states and 3 Union territories, supported by strategically located warehouses in Jodhpur, Bhiwandi, Ahmedabad, and Mundra. These facilities are integral to maintaining efficient supply chains and ensuring prompt delivery to clients nationwide. To further optimize logistics, Dhariwalcorp Limited employs an outsourcing model for some of its warehouses, enhancing its ability to meet diverse customer needs across different regions. The company’s processing unit and warehouses are equipped with advanced facilities and adhere to stringent safety norms, ensuring smooth operations and minimal disruptions. Dhariwalcorp Limited's global procurement strategy involves sourcing products from key international markets including China, Egypt, Singapore, UAE, UK, and Hong Kong. This global network allows the company to offer a wide range of products while ensuring competitive pricing and quality. By balancing domestic and international sources, the company effectively meets the demands of its extensive client base, which includes industries ranging from food processing to adhesive manufacturing. Focused on quality, sustainability, and customer satisfaction, The company is committed to continuous improvement and innovation. Its efficient supply chain management is a significant competitive advantage, enabling reduced lead times, minimized inventory costs, and enhanced responsiveness to market dynamics. This strategic approach not only supports the company's growth and success but also ensures that it remains a reliable partner in the trading of waxes, industrial chemicals, and petroleum jelly. Dhariwalcorp Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding Capital Expenditure towards construction of Warehouse  1. Funding working capital requirements of our company; 1. General corporate purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   01 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   05 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   03 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   07 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   08 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.