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Dindigul Farm Product IPO IPO

SME20 Jun 202424 Jun 2024
Open
20 Jun 2024
Close
24 Jun 2024
3
Allotment
Listing
Thu, Jun 27, 2024
Price Band
₹51 to ₹54
Issue Size
64,50,000 shares (agg. up to ₹35 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jun 27, 2024
Latest GMP
₹68
Est. Gain
125.93%
✦ AI Insight

GMP Trend

27-06-202468Est. ₹122+125.93%
26-06-202468Est. ₹122+125.93%
25-06-202468Est. ₹122+125.93%

Live Subscription

CategorySubscription (times)
Total142.31x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets51.2329.0029.9529.95
Total Income68.7781.9928.4518.41
Profit After Tax5.885.26-4.20-4.61
NET Worth3.94-16.38-21.63-17.43
Total Borrowing22.6423.9825.7927.16
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding Capital Expenditure12.12
2Working Capital Requirements13.84
3General Corporate Purposes5.67
4Public Issue Expenses3.20

About Dindigul Farm Product IPO

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

Contact Details

Dindigul Farm Product Ltd. Address2/52-3, Pillaiyarnatham PithalaipattyPostDindigul, Tamil Nadu, 624002+91 94980 99930cs@ennutrica.comVisit Website