Dindigul Farm Product Limited IPO GMP Today, Price Range and Company Details

Dindigul Farm Product (EnNutrica) IPO offers shares at ₹51 to ₹54, with a ₹64 Grey Market Premium. Available in 2000 share lots, the subscription runs from June 20 to June 24, 2024.
Dindigul Farm Product Limited IPO GMP Today, Price Range and Company Details

As of June 19, 2024, Dindigul Farm Product (EnNutrica) IPO has ₹64 as Grey Market Premium, with a price range of ₹51 to ₹54 per share. Offering lots of 2000 shares, the subscription window is open from June 20 to June 24, 2024.

Dindigul Farm Product Limited IPO GMP Today

The Grey Market Premium (GMP) for Dindigul Farm Product Limited is ₹64 as of June 19, 2024. This assessment coincides with a price of ₹51 to ₹54 per share for the IPO.

Dindigul Farm Product Limited IPO Review

Dindigul Farm Product Limited showed robust revenue growth from ₹2,831.88 lakhs in March 2022 to ₹8,157.74 lakhs in March 2023, though the nine-month revenue in 2023 fell to ₹6,874.75 lakhs. Profitability soared with PAT rising to ₹588.40 lakhs, reflecting a significant turnaround from the previous year’s loss.

The company’s liabilities and debt-equity ratio have increased, showing a higher reliance on debt financing amid expansion. Despite this, the EPS improved from ₹(2.90) to ₹4.09, and the RoNW impressively hit 149.49%, indicating strong returns on equity and a healthy financial position with rising assets and inventory turnover.

To get a full IPO review, click here Dindigul Farm Product IPO

Dindigul Farm Product Limited IPO Date

Dindigul Farm Product Limited will start accepting subscriptions from June 20, 2024, to June 24, 2024

Dindigul Farm Product Limited IPO Price

Dindigul Farm Product Limited’s price range is ₹51 to ₹54 per share with a face value of ₹10 each.

Dindigul Farm Product Limited

Founded in 2010, Dindigul Farm Product Limited (EnNutrica) specialises in transforming milk into dairy ingredients at its 15-acre Dindigul facility, adhering to global standards like FSSC 22000 and FSSAI. Daily, they source up to 100,000 litres of milk through over 150 village collection centres and 50+ dairy farms, ensuring quality with automatic analyzers and NABL-approved lab testing.

How To Apply For Dindigul Farm Product Ltd IPO?

To apply for the Dindigul Farm Product through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Dindigul Farm Product on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Dindigul Farm Product (EnNutrica) IPO at Alice Blue in just a few clicks!

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