Last updated on December 28, 2022
Dollex Agrotech IPO description –The company is engaged in the business of manufacturing & trading of sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as mollases, pressed and bagasse which is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW.
Dollex Agrotech’s product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar. The company has booked a space through an agreement dated 25 December 2021 with a Warehousing facility for storing its 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 has been in operation for last 5 years and has developed good relationships with the cane farmers. The company has been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. It offers sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers.
Promoters of Dollex Agrotech – Mr. Mehmood Khan & Mrs. Munni Bee
Dollex Agrotech IPO Details
| Dollex Agrotech IPO Dates | 15 – 20 December 2022 |
| Dollex Agrotech IPO Price | INR 35 per share |
| Fresh issue | 49,68,000Â shares (INR 17.39 crore) |
| Offer For Sale | 20,00,000 shares (INR 7.00 crore) |
| Total IPO size | 69,68,000Â shares (INR 24.39 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Dollex Agrotech Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 |
| Revenue | 25.29 | 77.19 | 79.40 | 8.39 |
| Expenses | 24.58 | 75.08 | 75.38 | 6.27 |
| Net income | 0.58 | 1.67 | 3.27 | 1.51 |
Dollex Agrotech Offer News
Dollex Agrotech Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 | |
| EPS | 0.58 | 0.84 | 1.63 | 0.76 |
| PE ratio | – | – | 21.41 | – |
| RONW (%) | 5.00 | 7.21 | 12.34 | 5.40 |
| NAV | 11.55 | 11.61 | 13.25 | 14.00 |
Dollex Agrotechs IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 Dec 2022 | – | – | 15,000 |
| 15 Dec 2022 | – | – | 15,000 |
| 14 Dec 2022 | – | – | 17,000 |
| 13 Dec 2022 | – | – | 15,000 |
Dollex Agrotech IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 3,484,000 | 3,484,000 | 6,968,000 |
| 20 Dec 2022 | 1.39 | 2.17 | 1.78 |
| 19 Dec 2022 | 0.89 | 0.74 | 0.81 |
| 16 Dec 2022 | 0.78 | 0.36 | 0.57 |
| 15 Dec 2022 | 0.65 | 0.14 | 0.40 |
Dollex Agrotech Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone : +91 011 4509 8234
Email : [email protected]
Website : www.expertglobal.in
Dollex Agrotech Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi – 110020
Phone : 011-40450193-197
Email : [email protected]
Website : www.skylinerta.com
Dollex Agrotech Contact Details
DOLLEX AGROTECH LIMITED
205, Naroli Arcade 19/1,
Manorama Ganj, Palasia Square
Indore, Madhya Pradesh – 452001
Phone: +91 731 2495505
E-mail: [email protected]
Website: www.dollex.in
Dollex Agrotech IPO Allotment Status
Dollex Agrotech IPO allotment status is now available on Skyline Financial Services’ website. Click on Skyline IPO weblink to get allotment status.
Dollex Agrotech IPO Dates & Listing Performance
| Dollex Agrotech Offer Opening Date | 15 December 2022 |
| Dollex Agrotech IPO Closing Date | 20 December 2022 |
| Finalisation of Basis of Allotment | 23 December 2022 |
| Initiation of refunds | 26 December 2022 |
| Transfer of shares to demat accounts | 27 December 2022 |
| Dollex Agrotech IPO Listing Date | 28 December 2022 |
| Opening Price on NSE SME | INR 30 per share (down 14.29%) |
| Closing Price on NSE SME | INR 31.50 per share (down 10%) |
Dollex Agrotech IPO FAQs
What is Dollex Agrotech offer size?
Dollex Agrotech offer size is INR 24.39 crore.
What is Dollex Agrotech IPO Price Band?
Dollex Agrotech public offer price is INR 35 per share.
What is the lot size of Dollex Agrotech IPO?
Dollex Agrotech offer lot size is 4,000 shares.
What is Dollex Agrotech IPO GMP today?
Dollex Agrotech IPO GMP today is INR NA per share.
What is Dollex Agrotech kostak rate today?
Dollex Agrotech kostak rate today is NA per application.
What is Dollex Agrotech Subject to Sauda rate today?
Dollex Agrotech Subject to Sauda rate today is NA per application.
