Dollex Agrotech Rights Issue dates 21 May – 10 June 2025.
The company is involved in the manufacturing and trading of sugar, supported by captive power cogeneration capabilities. It also produces and sells by-products such as molasses, press mud, and bagasse, the latter being used for power generation. Additionally, the company generates captive power up to 3 MW. Dollex Agrotech’s product portfolio includes jaggery powder, sugar, molasses, bagasse, press mud, and pharma-grade sugar.
The company has been in operation for last 5 years and has developed good relationships with the cane farmers. The company achieved a turnover of INR 135.49 crore and a Profit After Tax of INR 7.02 crore in the financial year 2023–2024, reflecting an increase of INR 25.04 crore in turnover and INR 0.91 crore in profit compared to the previous year.
Promoters of Dollex Agrotech – Mr. Mehmood Khan, and Mrs. Munni Khan
Table of Contents
Dollex Agrotech Rights Issue Details
| Dollex Agrotech Rights Issue Date | 21 May – 10 June 2025 |
| Dollex Agrotech Rights Issue Price | INR 33 per share |
| Issue Size (in Shares) | 1,49,80,800 shares |
| Issue Size (in INR) | INR 49.44 crore |
| Issue Entitlement | 3 equity share for every 5 equity share held on record date |
| Terms of Payment | Fully payable at the time of application |
| Dollex Agrotech Rights Issue Record Date | 14 May 2025 |
| Face Value | INR 10 per share |
| Listing On | NSE |
Dollex Agrotech Rights Issue Calculation
| Dollex Agrotech Rights Issue Price | INR 33 per share |
| Market Price on Rights Issue Approval | INR 40.6 per share |
| Dilution Factor (X) | 1.6 |
| Fair Value After Dilution at Prevailing Price | INR 37.75 per share |
Dollex Agrotech Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 79.0 | 110.0 | 135.0 |
| Expenses | 71.0 | 98.0 | 122.0 |
| Operating Margin (%) | 11.0 | 12.0 | 10.0 |
| Net Income | 3.27 | 6.10 | 7.01 |
| ROCE (%) | 10.0 | 13.0 | 9.0 |
Dollex Agrotech Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Working Capital for Ethanol Project – INR 26.8 crore
- Requirements for installation of Ethanol Project – INR 12.38 crore
- General corporate purposes – INR 10 crore
Dollex Agrotech Rights Offer Documents
- Dollex Agrotech Rights Issue Application Form
- Dollex Agrotech Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Dollex Agrotech Rights Issue Dates
| Rights Issue Approval Date | 8 May 2025 |
| Rights Issue Record Date | 14 May 2025 |
| Credit of Rights Entitlement | 15 May 2025 |
| Rights Issue Opening Date | 21 May 2025 |
| Last Date for Market Renunciation | 30 May 2025 |
| Rights Issue Closing Date | 10 June 2025 |
| Finalization of Basis of Allotment | 11 June 2025 |
| Rights Allotment Date | 11 June 2025 |
| Credit Date | 12 June 2025 |
| Listing Date | 12 June 2025 |
Dollex Agrotech Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91 11 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 Rights Offer FAQs
What is the Dollex Agrotech Rights Issue Price?
The issue price is INR 33 per share.
What is the Dollex Agrotech Rights Issue entitlement ratio?
The eligible shareholders are offered 3 equity shares for every 5 equity share held on the record date.
What is the Dollex Agrotech Rights Issue Record Date?
The Record date is 14 May 2025.
How to Apply in Dollex Agrotech Rights Offer?
The best way to apply in Dollex Agrotech Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.