Dindigul Farm Product Limited IPO
- IPO Date20 Jun, 2024 to 24 Jun, 2024
- Listing Date27 Jun, 2024
- Face Value₹10 per share
- Issue Price₹51 to ₹54 per share
- Lot Size2000 Shares
- Minimum Investment₹1,08,000
- Listing AtBSE SME
- Total Issue Size64,50,000 Shares
(aggregating up to ₹34.83 Cr) - Fresh Issue64,50,000 Shares
(aggregating up to ₹34.83 Cr)
- Offer for Sale-
- Issue Typeb Book Built Issue IPO
- Share holding pre issue1,79,79,280
- Shareholding post issue2,44,29,280
IPO Dates
Closing Date
24 Jun, 2024
Initiation of Refunds
26 Jun, 2024
Listing Date
27 Jun, 2024
20 Jun, 2024
Opening Date
25 Jun, 2024
Basis of Allotment
26 Jun, 2024
Credit of Shares
Dindigul Farm Product Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | - | - | - |
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| B-HNI (Min) | - | - | - |
| S-HNI (Min) | 2 | 4000 | ₹2,16,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
Dindigul Farm Product Limited Promoter Holding
The promoters of the company are R Rajasekaran, Rajadharshini Rajasekaran and Indrayani Biotech Limited.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 80.66% | 59.36% |
Dindigul Farm Product Limited COMPANY INFORMATION
EnNutrica IPO is a book built issue of Rs 34.83 crores. The issue is entirely a fresh issue of 64.5 lakh shares. EnNutrica IPO opens for subscription on June 20, 2024 and closes on June 24, 2024. The allotment for the EnNutrica IPO is expected to be finalized on Tuesday, June 25, 2024. EnNutrica IPO will list on BSE SME with tentative listing date fixed as Thursday, June 27, 2024. EnNutrica IPO price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹216,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the EnNutrica IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for EnNutrica IPO is Spread X Securities. Refer to EnNutrica IPO RHP for detailed information.
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.
FAQs About Dindigul Farm Product Limited Ipo
Dindigul Farm Product Limited IPO will open on 20 Jun, 2024 and close on 24 Jun, 2024. Investors must apply within this period to participate.
The Dindigul Farm Product Limited IPO price band is set between ₹51.00 and ₹54.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹108000.00.
The Dindigul Farm Product Limited IPO shares are expected to be listed on 27 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your Dindigul Farm Product Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Dindigul Farm Product Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.