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Dindigul Farm Product Ltd

Dindigul Farm Product Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹54
₹54
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹108,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Jun 2024
Close Date
24 Jun 2024
Allotment
25 Jun 2024
Listing Date
27 Jun 2024
Exchange
BSE SME
Price Band
₹54
Listing Price
See chart
Allotment Status
Price Band
₹54
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
64,50,000 shares (aggregating up to ₹34.83 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,79,79,280 shares
Promoters
Post-IPO Holding
2,44,29,280 shares
Promoters
P/E (Pre)
18.47x
 
P/E (Post)
16.81x
 
EPS (Pre)
₹2.92
 
EPS (Post)
₹3.21
 
UPI Deadline
2024-06-24
Mandate
Anchor AllotmentWed, 19 Jun 2024
Basis of AllotmentTue, 25 Jun 2024
Refund InitiationWed, 26 Jun 2024
Demat CreditWed, 26 Jun 2024
Listing DayThu, 27 Jun 2024
UPI Mandate Deadline2024-06-24
Sale TypeFresh Capital
Net Offer to Public61,24,000 shares (aggregating up to ₹33.07 Cr)
Market Maker Quota3,26,000 shares (aggregating up to ₹1.76 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Dindigul Farm Product Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
326,000
₹1.76
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,450,000
100% ₹34.83
IPO Shares Offered
Dindigul Farm Product Ltd IPO total issue size: ₹34.83 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 326,000 ₹1.76
5.05%
Total 6,450,000 ₹34.83
100.00%
* Based on upper price band ₹54 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹54.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹216,000
Retail (Max — 13 Lots)1326,000₹1,404,000
S-HNI (Min — 14 Lots)1428,000₹1,512,000
B-HNI (Min — 68 Lots)68136,000₹7,344,000
* Issue Price ₹54 × Lot Size 2,000 shares
IPO Schedule
Anchor
19 Jun 2024
✓ Done
IPO Open
20 Jun 2024
✓ Done
IPO Close
24 Jun 2024
✓ Done
Allotment
25 Jun 2024
✓ Done
Refunds
26 Jun 2024
✓ Done
Demat Credit
26 Jun 2024
✓ Done
Listing Day
27 Jun 2024
✓ Done
Dindigul Farm Product Ltd — Live Price LIVE
₹54.00
INR · BSE
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Issue ₹54.00 Live Price
About Dindigul Farm Product Ltd
Incorporated in 2010, Dindigul Farm Product Limited processes whole milk and skimmed milk to produce various 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. The company has a processing unit in Dindigul that covers an area of 15 acres.Dindigul Farm Product Limited follows and complies with the requirements of various relevant authorities in the industry, such as FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations in respect of certain of our products. We have also obtained a registration cum membership certificate from APEDA.The company has established a network of over 150 village collection centers, providing direct access to more than 4,000 farmers and 50 dairy farms.The company sells its products under the brand names ENNUTRICA and Activday, and it currently serves a broad range of customers across various industries.The company has sold its products in over 15 states within the country and 3 countries internationally.As of December 23, 2023, the company had 101 employees, and they had also employed contractual labourers based on business requirements.
Objects of the Issue
1
Capital Expenditure
2
Working Capital Requirements
3
General Corporate Purposes
Dindigul Farm Product Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,845.1
31 Mar 2022
₹8,199.3
31 Mar 2023
₹6,876.7
31 Dec 2023
Profit After Tax (PAT)
-₹420.1
31 Mar 2022
₹525.8
31 Mar 2023
₹588.4
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 6876.65 8199.34 2845.07
EBITDA N/A N/A N/A
Profit After Tax (PAT) 588.40 525.79 -420.08
Net Worth 393.94 -1638.46 -2162.72
Total Assets 5123.46 2899.84 2995.07
Reserves & Surplus N/A N/A N/A
Borrowings 2263.87 2398.37 2579.25
EBITDA Margin (%) N/A
PAT Margin (%) 8.57%
P/BV Ratio
23.58
RoE
-0.95%
RoCE
0.62%
RoNW
149.49%
PAT Margin
8.57%
Debt/Equity
4.63
Issue Structure & Shareholding
Total Shares Offered64,50,000 (100.00%)
Net Offer to Public61,24,000 shares (aggregating up to ₹33.07 Cr)
Reserved for Market Maker3,26,000 shares (aggregating up to ₹1.76 Cr)
Pre-Issue Promoter Holding1,79,79,280 shares
Post-Issue Promoter Holding2,44,29,280 shares
P/BV Ratio23.58
RoE-0.95%
RoCE0.62%
Debt / Equity4.63
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Dindigul Farm Product Ltd IPO subscribed?

Dindigul Farm Product Ltd IPO is subscribed 1.00 times by Jun 24, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Dindigul Farm Product Ltd IPO retail subscription status?

The Dindigul Farm Product Ltd IPO retail category is subscribed 1.00 times as of 24 Jun 2024. The retail portion is oversubscribed.

How to subscribe Dindigul Farm Product Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Jun 2024 and closes 24 Jun 2024. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2024-06-24.

How many times Dindigul Farm Product Ltd IPO subscribed?

The Dindigul Farm Product Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Dindigul Farm Product Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Jun 2024. Refunds: on 26 Jun 2024.

When Dindigul Farm Product Ltd IPO will be listed?

The Dindigul Farm Product Ltd IPO listing date is 27 Jun 2024, Thursday. Listed on: BSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Dindigul Farm Product Ltd IPO close?

The Dindigul Farm Product Ltd IPO closes on 24 Jun 2024, Monday. UPI mandate: 2024-06-24. Allotment: 25 Jun 2024. Listing: 27 Jun 2024.