Dollex Agrotech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,308,000 (47%) | — | ₹1,158 Cr |
| Retail | — | 3,308,000 (47%) | — | ₹1,158 Cr |
| Market Maker | — | 352,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 6,968,000 (100%) | — | ₹24,388 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 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 268,000 | ₹9,380,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 2,590 | 7,748 | 7,963 |
| Profit After Tax | 58 | 167 | 327 |
| Net Worth | 1,155 | 2,323 | 2,650 |
| Total Assets | 8,885 | 10,499 | 11,356 |
| Reserves & Surplus | 155 | 323 | 650 |
| Total Borrowing | 5,205 | 5,025 | 4,447 |
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
- 1 To meet out the Working Capital requirements of the Company – 11.30
- 2 To meet out the General Corporate Purposes – 4.00
Company Overview
Incorporated in 2013, Dollex Agrotech Limited is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities.
The company also produce and sells its by-products such as mollases, pressed and bagasse. The bagasse is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW.
Dollex Agrotech Limited has achieved a turnover of Rs. 7,940.11 Lakhs and a Profit after tax of Rs. 326.90 Lakhs in the Financial year 2021-2022.
The company's product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar.
The company have booked a space through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks with Star Agriwarehousing & Collateral Management Limited, situated at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT.
The company have been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. The company offer sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers.