Dindigul farm product IPO Details Today : Dindigul farm product IPO Details Today is Open on 20 June 2024 and Close on 24 June 2024. Dindigul farm product IPO to Raise 6,450,000 shares (Approx ₹34.83 Cr) via IPO. The Fresh issue of 6,450,000 shares (Approx ₹34.83 Cr).
we are primarily engaged in processing of whole milk and skimmed milk to make 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. Our processing facility is situated at Dindigul and is spread over 15 acres.
Our management system has been assessed and determined to comply with the requirements of FSSC 22000. We also follow and comply with requirements of various relevant authorities in our industry such as FSSAI, Halal, Kosher, Export Import Council of India, Europe Regulations in respect of certain of our products. We have also obtained registration cum membership certificate from APEDA.
Our procurement operations consist of an average procurement of approximately 50,000 litres per day of milk directly from farmers and around 30,000-1,00,000 litres per day of whole milk from open market or third-party suppliers. we have built a network of more than 150 village collection centers, with direct access to more than 4,000 farmers and more than 50 dairy farms.
We procure whole milk either directly from the farmers and through third party suppliers. The skimmed milk is procured by us from third party suppliers, majorly from our Group Company A R Dairy Food Private Limited. We currently manufacture a variety of products. brand name “ENNUTRICA” and ActivDay and our Milk Protein Concentrates, Casein, Skimmed Milk powder, Whey Powder, Dairy Whitener and Sodium Caseinates are mainly used in nutrition industry, dairy industry, ice cream industry and baking industry.
Table of Contents
ToggleDindigul farm product IPO Date & Price Band Details
IPO Open Date
20 June 2024
IPO Close Date
24 June 2024
IPO Size
6,450,000 shares (Approx ₹34.83 ]Cr)
Fresh Issue
6,450,000 shares (Approx ₹34.83 Cr)
Lot Size
2000 Share Per Lot
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹51 to ₹54 Per Every Share
IPO Listing On
BSE SME
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
Click Here
Anchor Investor
Click Here
Dindigul farm product IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
2000
₹108,000
Retail Maximum
1
2000
₹108,000
S-HNI Minimum
2
4000
₹216,000
Object of the Issue
1. Capital Expenditure.
2. Working Capital Requirements.
3. General Corporate Purposes.
Dindigul farm product IPO Allotment & Listings (Details)
IPO Open Date
20 June 2024
IPO Close Date
24 June 2024
Basis of Allotment
25 June 2024
Refunds
26 June 2024
Credit to Demat Account
26 June 2024
IPO Listing Date
27 June 2024
Dindigul farm product Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
Dec 2023
₹68.77
₹62.88
₹5.89
2023
₹81.99
₹76.83
₹5.17
2022
₹28.45
₹34.35
₹4.17
2021
₹18.41
₹23.03
₹4.62
Our Company Promoters
- R Rajasekaran
- Rajadharshini Rajasekaran
Qualitative Factors
- Diverse product basket.
- Milk procurement process.
- State of the art infrastructure
- Experienced Promoters and Management Team.
Dindigul farm product Comparison Listed Industry Peers Group
Dindigul farm product Comparison Listed Industry Peers Group
Company Name
Face Value
EPS
P/E Ratio
Ro NW (%)
NAV Per
Revenue (₹ in Lakhs)
Dindigul Farm Products Limited
10.00
3.59
[.]
[.]
-11.39
8,157.74
Peer Group
Dodla Dairy Limited
10.00
15.84
29.36
10.76%
148.44
258,412.40
Parag Milk Foods Limited
10.00
6.34
11.55
8.37%
69.81
285,320.00
Modern Dairies Limited
10.00
5.21
3.61
-12.64%
-41.06
21,608.13
Comparison with listed industry peer
- Dindigul Farm Products Limited.
- Dodla Dairy Limited.
- Parag Milk Foods Limited.
- Modern Dairies Limited.
Dindigul farm product Company Contact Details
2/52-3, Pillaiyarnatham,
Pithalaipatty Post, Dindigul,
Tamil Nadu – 624002
Tel No: 045 4429 0099
Email Id: cs@ennutrica.com
Website: www.ennutrica.com
Dindigul farm product IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai, Maharashtra, India – 400 083
Tel. Number: +91 810 811 4949
Email Id: dindigulfarm.ipo@linkintime.co.in
Investors Grievance Id: dindigulfarm.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
2 thoughts on “Dindigul farm product IPO details IPO Date, Price, GMP, Review, Details”