Dindigul Farm Product Ltd is launching an IPO with 64,50,000 shares worth INR 34.83 crores to invest, manage working capital, and cover corporate needs.
Open Date : June 20, 2024 Close Date : June 24, 2024 Allotment Date: June 25, 2024 Listing Date: June 27, 2024
IPO Price: INR 51-54 per share Lot Size: 2000 Shares Total Issue Size: INR 30.79 crores
Dindigul Farm IPO analysis shows mixed performance: 1.Revenue grew but 9-month figures fell short. 2.Profitability surged. Liabilities and debt-equity ratio increased. 3. Reliance on debt amid potential business growth
Dindigul Farm Products: Specializes in dairy processing, profit challenges. Dodla Dairy: Leads with robust revenue and profitability. Parag Milk Foods: Stable revenue, moderate profits. Modern Dairies: Faces revenue and profitability difficulties.
Dindigul Farm IPO main Objective is Invest in capital,Manage working capital
Dindigul Farm Ltd risks: 1. Past losses due to market challenges and COVID-19. 2. Uncertain future profits due to rising expenses. 3. Reliance on unsourced raw materials, and product liability risks.