IPO

Dindigul Farm Product Limited IPO

BSE SME

Listed On: Jun 27, 2024 at ₹ 102.6

₹ 108000 /2000 Shares

Check Allotment

Dindigul Farm Product Limited IPO Details

20 Jun, 2024

Open Date

24 Jun, 2024

Close Date

25 Jun, 2024

Allotment Date

27 Jun, 2024

Listing Date

Issue Price

₹51-54 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

102.6

Listing Date

2024-06-27

Market Lot

2000 Shares (₹108,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

6,450,000 shares(aggregating up to ₹34.83 Cr)

Retail Portion

35%

Subscription

188.13 times

IPO Docs

DRHP RHP

Dindigul Farm Product Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,226,000 / 920,0002,144,0004,290,000
Day 1 - 20-06-24 06:00 PM0.01 / 4.68 x10.21 x6.11 x
Day 2 - 21-06-24 06:00 PM0.08 / 29.79 x42.36 x27.58 x
Day 3 - 24-06-24 06:00 PM145.62 / 207.05* x201.44 x188.13 x
Total No. of Applications: 2,67,572 (Approx)

Dindigul Farm Product Limited Valuations

EPS Pre IPO

₹2.92/-

EPS Post IPO

₹3.21/-

P/E Pre IPO

18.47

P/E Post IPO

16.81

RoNW

149.49%

Dindigul Farm Product Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets2,899.842,995.072,995.07
Revenue8,199.342,845.071,840.72
Profit After Tax525.79-420.08-461.19

About The Company

Dindigul Farm Product Limited processes whole milk and skimmed milk to produce various dairy ingredients, including milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream, butter, and fat-filled powders for infant milk formula.

The company has a processing unit in Dindigul that covers an area of 15 acres.

Dindigul Farm Product Limited follows and complies with the requirements of various relevant authorities in the industry, such as FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations in respect of certain of our products. We have also obtained a registration cum membership certificate from APEDA.

The company has established a network of over 150 village collection centers, providing direct access to more than 4,000 farmers and 50 dairy farms.

The company sells its products under the brand names ENNUTRICA and Activday, and it currently serves a broad range of customers across various industries.

The company has sold its products in over 15 states within the country and 3 countries internationally.

As of December 23, 2023, the company had 101 employees, and they had also employed contractual labourers based on business requirements.

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Dindigul Farm Product Limited - Promoter(s)

Pre Issue Share Holding: 80.66%

Post Issue Share Holding: 59.36%

Company Promoter(s)

  1. R Rajasekaran
  2. Rajadharshini Rajasekaran
  3. Indrayani Biotech Limited

Dindigul Farm Product Limited IPO - Issue Objectives

  1. Capital Expenditure
  2. Working Capital Requirements
  3. General Corporate Purposes

Other Details

Company Contact Details

Dindigul Farm Product Limited

2/52-3, Pillaiyarnatham Pithalaipatty, Post, Dindigul, Dindigul,-624002

Phone: +91 94980 99930

Email: cs@ennutrica.com

Website: https://ennutrica.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: dindigulfarm.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Dindigul Farm Product Limited IPO - FAQs

Ans. Dindigul Farm Product Limited IPO is a SME IPO. The issue is priced at ₹51-54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 20, 2024, and closes on Jun 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Dindigul Farm Product Limited IPO opens on Jun 20, 2024 and closes on Jun 24, 2024.

Ans. The size of Dindigul Farm Product Limited IPO is 6,450,000 shares(aggregating up to ₹34.83 Cr).

Ans. The IPO price band is set between ₹51-54 per equity share.

Ans. To apply for Dindigul Farm Product Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Dindigul Farm Product Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Dindigul Farm Product Limited IPO is Jun 25, 2024.

Ans. The Dindigul Farm Product Limited IPO will be listed on Jun 27, 2024.

Ans. Follow the steps to check the allotment status for Dindigul Farm Product Limited IPO here.