Dollex Agrotech Limited IPO
NSE SMEListed On: Dec 28, 2022 at ₹ 30.0
₹ 280000 /8000 Shares
*Min Investment
15 Dec, 2022
Open Date20 Dec, 2022
Close Date23 Dec, 2022
Allotment Date28 Dec, 2022
Listing DateDollex Agrotech Limited IPO Issue Details
- Issue Price ₹35 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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) - Listing at NSE SME
- List Price 30.0
- Listing Date 2022-12-28
- Lead Manager Expert Global Consultants Private Limited
- Registrar Skyline Financial Services Private Ltd
Dollex Agrotech Limited IPO Details
- Retail Portion N/A
Dollex Agrotech Limited IPO Details
Dollex Agrotech Limited IPO is an SME IPO, priced at ₹35 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 15, 2022 to Dec 20, 2022. The allotment is expected to be finalized on Dec 23, 2022, and the tentative listing date is Dec 28, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Dollex Agrotech Limited IPO Subscription Analysis And 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
Dollex Agrotech Limited Company Financials
| 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 Dollex Agrotech Limited 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)
Mr. Mehmood Khan
Mrs. Munni Bee
Pre Issue Share Holding : 99.50%
Post Issue Share Holding : 71.69%
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. You can track the real-time subscription numbers using the links below:
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 Dollex Agrotech Limited IPO price band is set between ₹35 per equity share.
Ans. To apply for Dollex Agrotech Limited 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 Dollex Agrotech Limited IPO allotment status online.
