Dindigul Farm IPO GMP, Review, Price, Allotment

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Last updated on June 27, 2024

Dindigul Farm IPO GMP

Dindigul Farm IPO description – Established in 2010, Dindigul Farm Product’s main focus is processing whole milk and skimmed milk to create dairy ingredients such as 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 is Located in Dindigul, the company processing facility spans 15 acres.

It procures an average of about 50,000 liters per day of milk directly from farmers, and 30,000 to 100,000 liters per day of whole milk from open markets or third-party suppliers. With over 150 village collection centers, the company has direct access to more than 4,000 farmers and 50 dairy farms.

The company’s key products undergo regular testing by NABL-approved food testing labs to meet the quality standards of certifying bodies like FSSC. Marketed under the brand name ENNUTRICA, its products are sold in over 15 domestic states and 3 international countries. As of 23 December 2023, the company had 101 employees.

Dindigul Farm

Promoters of Dindigul Farm – R Rajasekaran, Rajadharshini Rajasekaran and Indrayani Biotech Limited


Dindigul Farm IPO Details

EnNutrica IPO Dates20 – 24 June 2024
EnNutrica IPO PriceINR 51 – 54 per share
Fresh issue64,50,000 shares (INR 32.90 – 34.83 crore)
Offer For SaleNIL
Total IPO size64,50,000 shares (INR 32.90 – 34.83 crore)
Minimum bid (lot size)2,000 shares (INR 1,08,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE SME

Dindigul Farm Financial Performance

 FY 2021FY 2022FY 20231 Apr – 23 Dec 2023
Revenue17.6328.3281.5868.75
Expenses23.0334.3576.8362.88
Net income(4.61)(4.20)5.265.88
Figures in INR Crores unless specified otherwise

Dindigul Farm Offer News


Dindigul Farm Valuations & Margins

FY 2021FY 2022FY 2023
EPS(3.21)(2.90)3.59
PE ratio14.21 – 15.04
RONW (%)NegativeNegativeNA
NAV(12.12)(15.04)(11.39)
ROCE (%)NegativeNegativeNegative
EBITDA (%)(4.76)(5.41)11.37
Debt/Equity (1.23)(0.91)(1.21)
*Compiled by IPO Central from Prospectus

Dindigul Farm IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
26 June 2024681,05,000
25 June 2024681,05,000
24 June 2024681,05,000
22 June 2024651,02,500
21 June 2024701,06,000
20 June 2024701,02,500
19 June 20246498,000
18 June 20242639,000
17 June 20242639,000

Dindigul Farm IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered12,26,0009,20,00021,44,00042,90,000
24 Jun 2024145.62207.05201.44188.13
21 Jun 20240.0822.2642.4025.72
20 Jun 20240.013.4610.215.68

The market maker reservation portion of 3,26,000 shares and anchor investor portion of 18,34,000 shares are not included in the above calculations.


Dindigul Farm IPO Allotment Status

Dindigul Farm IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.


EnNutrica IPO Dates & Listing Performance

IPO Opening Date20 June 2024
IPO Closing Date24 June 2024
Finalization of Basis of Allotment25 June 2024
Initiation of refunds26 June 2024
Transfer of shares to demat accounts26 June 2024
EnNutrica IPO Listing Date27 June 2024
Opening Price on BSE SMEINR 102.60 per share (up 90%)
Closing Price on BSE SMEINR 107.73 per share (up 99.5%)

Dindigul Farm offers Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath
Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Phone: 079 4918 5784
Email[email protected]
Website: www.beelinemb.com


Dindigul Farm Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


Dindigul Farm IPO Contact Details

DINDIGUL FARM PRODUCT LIMITED
2/52-3, Pillaiyarnatham Pithalaipatty Post,
Dindigul, Tamil Nadu, India, 624002
Phone: 045 4429 0099/+91 94980 99930
E-mail: [email protected]
Website: www.ennutrica.com


IPO FAQs

What is the Dindigul Farm offer size?

Dindigul Farm’s offer size is INR 32.90 – 34.83 crores.

What is the Dindigul Farm offer price band?

Dindigul Farm public offer price is INR 51 – 54 per share.

What is the lot size of the Dindigul Farm IPO?

Dindigul Farm offer a lot size is 2,000 shares.

What is Dindigul IPO GMP today?

Dindigul Farm IPO GMP today is INR 68 per share.

What is the Dindigul Farm kostak rate today?

Dindigul Farm kostak rate today is INR NA per application.

What is Dindigul Farm Subject to the Sauda rate today?

Dindigul Farm is Subject to the Sauda rate today is INR 1,05,000 per application.

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