Dindigul Farm Product Limited IPO (Dindigul Farm Product IPO)

Dindigul Farm Product Limited IPO
Upcoming Dindigul Farm Product IPO | New Dindigul Farm Product IPO

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 its products. The company has also obtained a registration 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 laborer’s based on business requirements.

Dindigul Farm Product IPO

Dindigul Farm Product IPO – Details

IPO Opening Date20 June 2024
IPO Closing Date24 June 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal Issue Size: 64,50,000 Shares Worth ₹34.83 Crore
Fresh Issue: 64,50,000 Shares Worth ₹34.83 Crore
Face Value₹10 per equity share
IPO Price₹51 – ₹54
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterLink Intime India Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Dindigul Farm Product IPO – Date Schedule

IPO Open Date20 June 2024
IPO Close Date24 June 2024
Basis of Allotment25 June 2024
Initiation of Refund26 June 2024
Credit of Shares to Demat Account26 June 2024
IPO Listing Date27 June 2024
Cut-off time for UPI mandate confirmation5 PM on June 24, 2024

Dindigul Farm Product IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,08,000
Retail (Maximum)12000₹1,08,000
HNI (Minimum)24000₹2,16,000

Competitive Strengths

  • Diverse product basket.
  • Milk procurement process.
  • State of the art infrastructure.
  • Experienced Promoters and Management Team.

Company Promoters

  • R Rajasekaran
  • Rajadharshini Rajasekaran
  • Indrayani Biotech Limited

Object Of The Issue

  • Capital Expenditure.
  • Working Capital Requirements.
  • General Corporate Purposes.
Dindigul Farm Product IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202118.4023.02-4.6127.16
31 March 202228.4534.34-4.2025.79
31 March 202381.9976.825.2523.98
23 December 202368.7662.875.8822.63
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)8.57
EPS (Rs)2.923.21
P/E (x)18.4716.81

Dindigul Farm Product IPO Promoter Holding

Pre Issue Share Holding80.66%
Post Issue Share Holding59.36%

Dindigul Farm Product IPO Prospectus

Company Contact Information

Dindigul Farm Product Limited

2/52-3, Pillaiyarnatham Pithalaipatty
Post, Dindigul,

Phone: +91 94980 99930
Email: cs@ennutrica.com

Dindigul Farm Product IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: dindigulfarm.ipo@linkintime.co.in

Dindigul Farm Product IPO Lead Manager(s)

1. Beeline Capital Advisors Pvt Ltd

Dindigul Farm Product IPO FAQs

Dindigul Farm Product IPO FAQs
What is Dindigul Farm Product IPO?

Dindigul Farm Product IPO is a SME IPO. The issue is priced at ₹51 – ₹54 per equity share. The IPO is to be listed on BSE SME.
When Dindigul Farm Product IPO will open?

The IPO is to open on 20 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Dindigul Farm Product IPO?

You can apply for Dindigul Farm Product IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Dindigul Farm Product IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Dindigul Farm Product”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Dindigul Farm Product IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Dindigul Farm Product”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Dindigul Farm Product IPO Size?

Dindigul Farm Product IPO size is ₹34.83 crores.
What is Dindigul Farm Product IPO Price Band?

Dindigul Farm Product IPO Price Band is ₹51 – ₹54.
What is Dindigul Farm Product IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,08,000 amount while the maximum bid is 2000 shares with ₹1,08,000.
What is the Dindigul Farm Product IPO Allotment Date?

Dindigul Farm Product IPO allotment date is  25 June 2024.
What is the Dindigul Farm Product IPO Listing Date?

Dindigul Farm Product IPO listing date is 27 June 2024. The IPO is to list on BSE SME.
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