Ongoing SME IPO_Dolfin Rubbers Ltd


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:

  1. Kawaljit Singh
  2. Ratinder Kaur

Contact Company Information:

Dolfin Rubbers Limited
79/1, Block-H
Sarabha Nagar
Ludhiana Punjab 141002


Phone: +91 0161 5031030