The Dindigul Farm Product Limited date has been confirmed from June 20, 2024 and closes on June 24, 2024 . Read the post to learn about Dindigul Farm Product Limited IPO GMP.
EnNutrica IPO is a book built issue of Rs 34.83 crores. The issue is entirely a fresh issue of 64.5 lakh 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.
Start your investing journey today. Find the latest information on SME IPOs.
Key Details Of Dindigul Farm Product Limited IPO
Bidding Dates
June 20-24
Price Range
₹51 to ₹54 per share
Face Value
₹10 per share
GMP
₹70
Dindigul Farm Product Limited IPO GMP
The Dindigul Farm Product Limited IPO GMP is ₹70.
IPO Overview
The 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 a tentative listing date fixed for Thursday, June 27, 2024. The EnNutrica IPO price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 shares.
Dindigul Farm Product Limited IPO Details
| IPO Date | June 20, 2024 to June 24, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 6,450,000 shares (aggregating up to ₹34.83 Cr) |
| Fresh Issue | 6,450,000 shares (aggregating up to ₹34.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 17,979,280 |
| Share holding post issue | 24,429,280 |
| Market Maker portion | 326,000 shares Spread X Securities |
Dindigul Farm Product Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,123.46 | 2,899.84 | 2,995.07 | 2,995.07 |
| Revenue | 6,876.65 | 8,199.34 | 2,845.07 | 1,840.72 |
| Profit After Tax | 588.40 | 525.79 | -420.08 | -461.19 |
| Net Worth | 393.94 | -1,638.46 | -2,162.72 | -1,742.64 |
| Total Borrowing | 2,263.87 | 2,398.37 | 2,579.25 | 2,716.23 |
| Amount in ₹ Lakhs | ||||
Dindigul Farm Product Limited IPO Timeline
| IPO Open Date | Thursday, June 20, 2024 |
| IPO Close Date | Monday, June 24, 2024 |
| Basis of Allotment | Tuesday, June 25, 2024 |
| Initiation of Refunds | Wednesday, June 26, 2024 |
| Credit of Shares to Demat | Wednesday, June 26, 2024 |
| Listing Date | Thursday, June 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 24, 2024 |
Company Profile
Established in 2010, Dindigul Farm Product Limited processes whole milk and skimmed milk to create different dairy ingredients like 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’s processing unit in Dindigul spans 15 acres.
Dindigul Farm Product Limited adheres to regulations set by authorities like FSSAI, Halal, Kosher, the Export-Import Council of
India, and Europe Regulations for some of its products. The company also holds a registration and membership certificate from APEDA. With over 150 village collection centers, the company has direct access to more than 4,000 farmers and 50 dairy farms.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Dindigul Farm Product Limited |
| Phone number | +91 94980 99930 |
| Email ID | [email protected] |
| Website | ennutrica.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dindigul Farm Product Limited IPO FAQs
When EnNutrica IPO will open?
The EnNutrica IPO opens on June 20, 2024 and closes on June 24, 2024.
What is the lot size of EnNutrica IPO?
EnNutrica IPO lot size is 2000 Shares, and the minimum amount required is ₹108,000.
When is EnNutrica IPO listing date?
The EnNutrica IPO listing date is not yet announced. The tentative date of EnNutrica IPO listing is Thursday, June 27, 2024.
