Established in 2010, Dindigul Farm Product is primarily engaged in the processing of whole milk and skimmed milk to make 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. Their processing facility is situated at Dindigul and is spread over 15 acres. Their management system has been assessed and determined to comply with the requirements of FSSC 22000. They also follow and comply with requirements of various relevant authorities in their industry such as FSSAI, Halal, Kosher, Export Import Council of India, and Europe Regulations in respect of certain of their products. They have also obtained a registration cum membership certificate from APEDA.
They place significant emphasis on quality control and assurance processes across the business model ensuring and setting the right customer expectation and assurance models. The whole milk procured by them is tested by automatic Milk analyzers placed at Village Level Milk Collection centers and combined quality and sampling methods at the Chilling Center Level. Their key products have been received and tested in regular intervals by NABL-approved food testing labs to comply with the requirements of the above-stated quality certifying/assuring / inspection authorities Like FSSC etc. Quality food safety forms a part of their policy and they believe is one of the main drivers of their business. They have well-defined documented quality systems and Standard Operating procedures (SOPs) which are monitored at various stages of procurement and processing.
They market their products under the brand names ENNUTRICA, and Activ day, and currently supply to a wide number of customers from different industries. For the financial year 2022-23, they have sold products in more than 15 states domestically and 3 countries internationally. However, they aim to expand their international operations by looking to enter more ASEAN and European countries. They mainly supply products to the Dairy Industry, Food Ingredients industry, nutrition industry, dairy industry, ice cream industry, and baking industry.
Objects of the Issue:
- Capital Expenditure
- Working Capital Requirements
- General Corporate Purposes
Dindigul Farm IPO Review
- May Apply
EnNutrica IPO (Dindigul Farm) Date & Price Band Details
| IPO Open: | June 20, 2024 |
| IPO Close: | June 24, 2024 |
| IPO Size: | Approx ₹34.83 Crores, 64,50,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 to ₹54 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
EnNutrica IPO (Dindigul Farm) Market Lot
The Dindigul Farm IPO minimum market lot is 2000 shares with a ₹108,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹108,000 |
| Retail Maximum | 1 | 2000 | ₹108,000 |
| S-HNI Minimum | 2 | 4000 | ₹216,000 |
EnNutrica IPO (Dindigul Farm) IPO Dates
The Dindigul Farm IPO date is June 20 and the IPO close date is June 24. The IPO allotment date is June 25 and the IPO might list on June 27.
| IPO Open Date: | June 20, 2024 |
| IPO Close Date: | June 24, 2024 |
| Basis of Allotment: | June 25, 2024 |
| Refunds: | June 26, 2024 |
| Credit to Demat Account: | June 26, 2024 |
| IPO Listing Date: | June 27, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Dindigul Farm IPO Form
How to apply Dindigul Farm IPO? You can apply Dindigul Farm IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dindigul Farm IPO in the Invest section. The other option you can apply Dindigul Farm IPO via IPO forms download via the BSE website. Check out the Dindigul Farm forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Dindigul Farm Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹18.41 | ₹23.03 | ₹4.62 |
| 2022 | ₹28.45 | ₹34.35 | ₹4.17 |
| 2023 | ₹81.99 | ₹76.83 | ₹5.17 |
| Dec 2023 | ₹68.77 | ₹62.88 | ₹5.89 |
Dindigul Farm IPO Valuation – FY2023
Check Dindigul Farm IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.59 per Equity Share |
| Price/Earning P/E Ratio: | 3.59 |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | –₹11.39 per Equity Share |
Peer Group
- Dodla Dairy Limited
- Parag Milk Foods Limited
- Modern Dairies Limited
Company Promoters
- R Rajasekaran
- Rajadharshini Rajasekaran
- Indrayani Biotech Limited
EnNutrica IPO (Dindigul Farm) IPO Registrar
Link Intime India Pvt Ltd
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 Allotment Status
Check Dindigul Farm IPO allotment status on Link Intime website URL. Click Here
Dindigul Farm IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Private Limited
Company Address
Dindigul Farm Product Pvt Ltd
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
2 Responses
can i apply of The Dindigul Farm IPO now at 6.00pm
No