Dollex Agrotech IPO GMP, Review, Price, Allotment


Last updated on December 28, 2022

Dollex Agrotech IPO GMP

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.

Dollex Agrotech Ltd

Promoters of Dollex Agrotech – Mr. Mehmood Khan & Mrs. Munni Bee

Dollex Agrotech IPO Details

Dollex Agrotech IPO Dates15 – 20 December 2022
Dollex Agrotech IPO PriceINR 35 per share
Fresh issue49,68,000 shares (INR 17.39 crore)
Offer For Sale20,00,000 shares (INR 7.00 crore)
Total IPO size69,68,000 shares (INR 24.39 crore)
Minimum bid (lot size)4,000 shares
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Dollex Agrotech Financial Performance

 FY 2020FY 2021FY 2022Q1 FY 2023
Net income0.581.673.271.51
Figures in INR Crore unless specified otherwise

Dollex Agrotech Offer News

Dollex Agrotech Valuations & Margins

FY 2020FY 2021FY 2022Q1 FY 2023
PE ratio21.41
RONW (%)5.007.2112.345.40
*Compiled by IPO Central from Draft Prospectus

Dollex Agrotechs IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
16 Dec 202215,000
15 Dec 202215,000
14 Dec 202217,000
13 Dec 202215,000

Dollex Agrotech IPO Subscription – Live Updates

Shares Offered3,484,0003,484,0006,968,000
20 Dec 20221.392.171.78
19 Dec 20220.890.740.81
16 Dec 20220.780.360.57
15 Dec 20220.650.140.40
As on 19:00:00 hrs

Dollex Agrotech Offer Lead Manager

1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone : +91 011 4509 8234
Email : [email protected]
Website :

Dollex Agrotech Offer Registrar

D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi – 110020
Phone : 011-40450193-197
Email : [email protected]
Website :

Dollex Agrotech Contact Details

205, Naroli Arcade 19/1,
Manorama Ganj, Palasia Square
Indore, Madhya Pradesh – 452001
Phone: +91 731 2495505
E-mail: [email protected]

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 Date15 December 2022
Dollex Agrotech IPO Closing Date20 December 2022
Finalisation of Basis of Allotment23 December 2022
Initiation of refunds26 December 2022
Transfer of shares to demat accounts27 December 2022
Dollex Agrotech IPO Listing Date28 December 2022
Opening Price on NSE SMEINR 30 per share (down 14.29%)
Closing Price on NSE SMEINR 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.


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