Dindigul Farm Product IPO Details
| IPO Size | 34.83 |
| Price Range | ₹51 to ₹54 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹108,000 |
| Pre IPO Promotor Holding | 80.66% |
| Post IPO Promotor Holding | 59.36% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Dindigul Farm Product IPO Timelines
20/06/2024
Start Date24/06/2024
End Date26/06/2024
Refund Initiation26/06/2024
Credit of Shares to Demat Ac27/06/2024
Listing DateDindigul Farm Product IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹108,000 |
| Retail Maximum | 1 | 2000 | ₹108,000 |
| S-HNI Minimum | 2 | 4000 | ₹216,000 |
Dindigul Farm Product IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 145.62 x | 280.41 x | 201.44 x | -- | 202.42 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹102.60 | ₹107.75 | ₹107.75 | ₹102.60 |
Dindigul Farm Product IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| Year 2021 | ₹18.41 | ₹23.03 | ₹4.62 |
| Year 2022 | ₹28.45 | ₹34.35 | ₹4.17 |
| Year 2023 | ₹81.99 | ₹76.83 | ₹5.17 |
| Year 2024 (9 M) | ₹68.77 | ₹62.88 | ₹5.89 |
About Company
Established in 2010, Dindigul Farm Product is engaged in the business of processing whole milk and skimmed milk which is used to make various dairy products. This includes 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 products are sold under the brand name ENNUTRICA.
The company follows regulations such as FSSAI, Halal, Kosher, Export Import Council of India, Europe Regulations and its manufacturing unit is based in Dindigul. It can provide 50,000 liters per day of milk directly from farmers and around 30,000-1,00,000 liters per day of whole milk from open markets or third-party suppliers. It has a network in more than 150 villages.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Consumer Durables | R Rajasekaran |
Know Before Investing
Dindigul Farm Product IPO Strengths
- The company manufactures a variety of products.
- Its Milk procurement process is efficient.
- Its processing facility is equipped with machinery and equipment.
- It focuses on quality and food safety.
- Experienced promoters and management team.
Dindigul Farm Product IPO Risks
- The company has reported losses in the past.
- It has reported negative cash flow in the past.
- A major portion of revenue comes from Tamil Nadu, Gujarat and Himachal Pradesh.
- Operates in a competitive environment.
- High working capital requirements.
Swot Analysis for Dindigul Farm Product IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
Dindigul Farm Product Limited
2/52-3, Pillaiyarnatham Pithalaipatty
Post, Dindigul,
Dindigul,-624002
Phone: +91 94980 99930
Email: [email protected]
Website: https://ennutrica.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Dindigul Farm Product IPO are: