| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹34.83 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹34.83 Cr |
| Fresh Issue | ₹33.07 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน51.00-54.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544201 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2010, Dindigul Farm Product Limited processes whole milk and skimmed milk to produce various dairy ingredients, including 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 has a processing unit in Dindigul that covers an area of 15 acres.
Dindigul Farm Product Limited follows and complies with the requirements of various relevant authorities in the industry, such as FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations in respect of certain of our products. We have also obtained a registration cum membership certificate from APEDA.
The company has established a network of over 150 village collection centers, providing direct access to more than 4,000 farmers and 50 dairy farms.
The company sells its products under the brand names ENNUTRICA and Activday, and it currently serves a broad range of customers across various industries.
The company has sold its products in over 15 states within the country and 3 countries internationally.
As of December 23, 2023, the company had 101 employees, and they had also employed contractual labourers based on business requirements.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure | 12.12 |
| 2 | Working Capital Requirements | 13.84 |
| 3 | General Corporate Purposes | 5.67 |
| 4 | Public Issue Expenses | 3.20 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 51.23 | 29.00 | 29.95 | 29.95 |
| Total Income | 68.77 | 81.99 | 28.45 | 18.41 |
| Profit After Tax | 5.88 | 5.26 | -4.20 | -4.61 |
| NET Worth | 3.94 | -16.38 | -21.63 | -17.43 |
| Total Borrowing | 22.64 | 23.98 | 25.79 | 27.16 |
| Amount in ₹ Crore | ||||
| KPI | Dec 23, 2023 |
|---|---|
| ROE | -95% |
| ROCE | 62% |
| Debt / Equity | 4.63% |
| RoNW | 149.36% |
| PAT Margin | 8.57% |
| EBITDA Margin | 13.60% |
| Price to Book Value | 23.58 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.92 | 3.21 |
| P/E (x) | 18.47 | 16.81 |
| Promoter Holding | 80.66% | 59.36% |
| Market Cap | โน131.92 Cr. | |