Dindigul Farm Product Limited IPO
BSE SMEListed On: Jun 27, 2024 at ₹ 102.6
₹ 108000 /2000 Shares
Check Allotment20 Jun, 2024
Open Date24 Jun, 2024
Close Date25 Jun, 2024
Allotment Date27 Jun, 2024
Listing DateIssue Price
₹51-54 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdList Price
102.6Listing Date
2024-06-27Market Lot
2000 Shares (₹108,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
6,450,000 shares(aggregating up to ₹34.83 Cr)Retail Portion
35%Subscription
188.13 times
The IPO of Dindigul Farm Product Limited is priced at ₹51-54 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Link Intime India Private Ltd is the registrar of the issue.
Dindigul Farm Product Limited IPO bid opening date is from Jun 20, 2024 and the bid closing date was Jun 24, 2024.
Dindigul Farm Product Limited IPO allotment result will be available on Jun 25, 2024. The tentative listing date for Dindigul Farm Product Limited is Jun 27, 2024.
The total issue size is 6,450,000 shares(aggregating up to ₹34.83 Cr).
Dindigul Farm Product Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,226,000 / 920,000 | 2,144,000 | 4,290,000 |
| Day 1 - 20-06-24 06:00 PM | 0.01 / 4.68 x | 10.21 x | 6.11 x |
| Day 2 - 21-06-24 06:00 PM | 0.08 / 29.79 x | 42.36 x | 27.58 x |
| Day 3 - 24-06-24 06:00 PM | 145.62 / 207.05* x | 201.44 x | 188.13 x |
Dindigul Farm Product Limited Valuations
EPS Pre IPO
₹2.92/-EPS Post IPO
₹3.21/-P/E Pre IPO
18.47P/E Post IPO
16.81ROE
-0.95%ROCE
0.62%Debt/Equity
4.63RoNW
149.49%PAT Margin
8.57Price to Book Value
23.58Dindigul Farm Product Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,899.84 | 2,995.07 | 2,995.07 |
| Revenue | 8,199.34 | 2,845.07 | 1,840.72 |
| Profit After Tax | 525.79 | -420.08 | -461.19 |
About The Company
Incorporated in 2010, Dindigul Farm Product Limited manufactures dairy ingredients such as whole milk and skimmed milk. The products include 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 adheres to and complies with the various requirements of relevant authorities in the industry, including FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations in respect of certain of our products. We have also received a registration cum membership certificate from APEDA.
It has established over 150 village collection centers and thereby has a direct reach to over 4,000 farmers and 50 dairy farms.
It sells its products under the brand names ENNUTRICA and Activday. currently caters to a very wide range of customers coming from various industries.
Products have been sold in over 15 states within the country and 3 internationally.
The company, as of December 23, 2023, had 101 employees. Besides that, contractual labourers had been employed according to the needs of the business.
Dindigul Farm Product Limited - Promoter(s)
Pre Issue Share Holding: 80.66%
Post Issue Share Holding: 59.36%
- R Rajasekaran
- Rajadharshini Rajasekaran
- Indrayani Biotech Limited
Dindigul Farm Product Limited IPO - Issue Objectives
- Capital Expenditure
- Working Capital Requirements
- General Corporate Purposes
Other Details
Dindigul Farm Product Limited
2/52-3, Pillaiyarnatham Pithalaipatty, Post, Dindigul, Dindigul,-624002Link 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.
