Dollex Agrotech Limited IPO

NSE SME

Listed On: Dec 28, 2022 at ₹ 30.0

₹ 140000 /4000 Shares

Check Allotment

Dollex Agrotech Limited IPO Details

15 Dec, 2022

Open Date

20 Dec, 2022

Close Date

23 Dec, 2022

Allotment Date

28 Dec, 2022

Listing Date

Issue Price

₹35 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

30.0

Listing Date

2022-12-28

Market Lot

4000 Shares (₹140,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

6,968,000 shares of ₹10 (aggregating up to ₹24.39 Cr)

#Fresh Issue: 4,968,000 shares of ₹10 (aggregating up to ₹17.39 Cr)

#Offer for Sale: 2,000,000 shares of ₹10 (aggregating up to ₹7.00 Cr)

Retail Portion

N/A

Subscription

1.87 times

IPO Docs

DRHP RHP

Dollex Agrotech Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	3,308,000	3,308,000	6,616,000
Day 1 - 15-12-22 06:00 PM	0.78 x	0.15 x	0.46 x
Day 2 - 16-12-22 06:00 PM	0.82 x	0.38 x	0.60 x
Day 3 - 19-12-22 06:00 PM	1.04 x	1.05 x	1.05 x
Day 4 - 20-12-22 06:00 PM	1.45 x	2.28 x	1.87 x

Dollex Agrotech Limited Valuations

Earnings Per Share (EPS)

₹1.63/-

P/E Ratio

21.41

RoNW

12.34%

Net Asset Value (NAV) - Post Issue

₹13.25/-

Dollex Agrotech Limited Company Financials All values are in ₹ Lakh

	30-Jun-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	11093.62	11355.87	10499.28	8884.95
Revenue	840.81	7962.58	7748.42	2590.08
Profit After Tax	151.26	326.9	167.43	57.79

About The Company

Incorporated in 2013, Dollex Agrotech Limited is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities.
The company also produce and sells its by-products such as mollases, pressed and bagasse. The bagasse is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW.
Dollex Agrotech Limited has achieved a turnover of Rs. 7,940.11 Lakhs and a Profit after tax of Rs. 326.90 Lakhs in the Financial year 2021-2022.
The company's product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar.
The company have booked a space through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks with Star Agriwarehousing & Collateral Management Limited, situated at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT.
The company have been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. The company offer sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers.

Dollex Agrotech Limited - Promoter(s)

Pre Issue Share Holding: 99.50%

Post Issue Share Holding: 71.69%

Company Promoter(s)

Mr. Mehmood Khan
Mrs. Munni Bee

Dollex Agrotech Limited IPO - Issue Objectives

To meet out the Working Capital requirements of the Company
To meet out the General Corporate Purposes.
To meet out the Issue Expenses.

Dollex Agrotech Limited IPO - FAQs

Ans. Dollex Agrotech Limited IPO is a SME IPO. The issue is priced at ₹35 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Dec 15, 2022, and closes on Dec 20, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Dollex Agrotech Limited IPO opens on Dec 15, 2022 and closes on Dec 20, 2022.

Ans. The size of Dollex Agrotech Limited IPO is 6,968,000 shares of ₹10 (aggregating up to ₹24.39 Cr) #Fresh Issue: 4,968,000 shares of ₹10 (aggregating up to ₹17.39 Cr) #Offer for Sale: 2,000,000 shares of ₹10 (aggregating up to ₹7.00 Cr).

Ans. The IPO price band is set between ₹35 per equity share.

Ans. To apply for Dollex Agrotech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Dollex Agrotech 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 Dollex Agrotech Limited IPO is Dec 23, 2022.

Ans. The Dollex Agrotech Limited IPO will be listed on Dec 28, 2022.

Ans. Follow the steps to check the allotment status for Dollex Agrotech Limited IPO here.