Dindigul Farm Product Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,060,000 (47%) | — | ₹1,652 Cr |
| NII (HNI) | — | 920,000 (14%) | — | ₹497 Cr |
| Retail | — | 2,144,000 (33%) | — | ₹1,158 Cr |
| Market Maker | — | 326,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 6,450,000 (100%) | — | ₹34,830 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,236,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 6,877 | 8,199 | 2,845 |
| Profit After Tax | 588 | 526 | -420 |
| Net Worth | 394 | -1,638 | -2,163 |
| Total Assets | 5,123 | 2,900 | 2,995 |
| Total Borrowing | 2,264 | 2,398 | 2,579 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure –
- Working Capital Requirements –
- General Corporate Purposes –
Company Overview
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.