EnNutrica IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 20 to Jun 24 2024
Price Band
₹51 - 54
Current GMP
₹102(88.88%)
Subscription
201.40 times
IPO Details
| IPO Date | June 20, 2024 to June 24, 2024 |
| Listing Date | Thursday, June 27, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 6,450,000 shares (aggregating up to ₹34.83 Cr) |
| Fresh Issue | 6,450,000 shares (aggregating up to ₹34.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 17,979,280 |
| Share holding post issue | 24,429,280 |
| Market Maker portion | 326,000 shares Spread X Securities |
IPO Date
June 20, 2024 to June 24, 2024
Listing Date
Thursday, June 27, 2024
Face Value
₹10 per share
Price Band
₹51 to ₹54 per share
Lot Size
2000 Shares
Total Issue Size
6,450,000 shares (aggregating up to ₹34.83 Cr)
Fresh Issue
6,450,000 shares (aggregating up to ₹34.83 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
17,979,280
Share holding post issue
24,429,280
Market Maker portion
326,000 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 145.62 |
| Non-Institutional Buyers*** | 279.96 |
| Retail Investors | 199.60 |
| Total ** | 201.40 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
145.62
Non-Institutional Buyers***
279.96
Retail Investors
199.60
Total **
201.40
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 20, 2024 | 0.01 | 4.68 | 10.21 | 6.11 |
| Day 2 Jun 21, 2024 | 0.08 | 29.79 | 42.36 | 27.58 |
| Day 3 Jun 24, 2024 | 145.62 | 279.96 | 199.60 | 201.40 |
DayDay 1
Jun 20, 2024
QIB0.01
NII*4.68
Retail10.21
Total6.11
DayDay 2
Jun 21, 2024
QIB0.08
NII*29.79
Retail42.36
Total27.58
DayDay 3
Jun 24, 2024
QIB145.62
NII*279.96
Retail199.60
Total201.40
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 27-06-2024 | 54.00 | 68(125.93%) | 122 |
| 26-06-2024 | 54.00 | 68(125.93%) | 122 |
| 25-06-2024 | 54.00 | 68(125.93%) | 122 |
| 24-06-2024 | 54.00 | 68(125.93%) | 122 |
| 23-06-2024 | 54.00 | 68(125.93%) | 122 |
| 22-06-2024 | 54.00 | 68(125.93%) | 122 |
| 21-06-2024 | 54.00 | 68(125.93%) | 122 |
| 20-06-2024 | 54.00 | 65(120.37%) | 119 |
| 19-06-2024 | 54.00 | 70(129.63%) | 124 |
| 18-06-2024 | 54.00 | 64(118.52%) | 118 |
| 17-06-2024 | 54.00 | 45(83.33%) | 99 |
| 16-06-2024 | 54.00 | 27(50.0%) | 81 |
| 15-06-2024 | 54.00 | 25(46.3%) | 79 |
| 14-06-2024 | 54.00 | 0(0.0%) | 54 |
Date27-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date26-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date25-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date24-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date23-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date22-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date21-06-2024
Price54.00
GMP68(125.93%)
Estimate List Price122
Date20-06-2024
Price54.00
GMP65(120.37%)
Estimate List Price119
Date19-06-2024
Price54.00
GMP70(129.63%)
Estimate List Price124
Date18-06-2024
Price54.00
GMP64(118.52%)
Estimate List Price118
Date17-06-2024
Price54.00
GMP45(83.33%)
Estimate List Price99
Date16-06-2024
Price54.00
GMP27(50.0%)
Estimate List Price81
Date15-06-2024
Price54.00
GMP25(46.3%)
Estimate List Price79
Date14-06-2024
Price54.00
GMP0(0.0%)
Estimate List Price54
IPO Important Dates
| IPO Open Date | Thursday, June 20, 2024 |
| IPO Close Date | Monday, June 24, 2024 |
| Basis of Allotment | Tuesday, June 25, 2024 |
| Initiation of Refunds | Wednesday, June 26, 2024 |
| Credit of Shares to Demat | Wednesday, June 26, 2024 |
| Listing Date | Thursday, June 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 24, 2024 |
IPO Open Date
Thursday, June 20, 2024
IPO Close Date
Monday, June 24, 2024
Basis of Allotment
Tuesday, June 25, 2024
Initiation of Refunds
Wednesday, June 26, 2024
Credit of Shares to Demat
Wednesday, June 26, 2024
Listing Date
Thursday, June 27, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 24, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹108,000 |
| Retail (Max) | 1 | 2000 | ₹108,000 |
| HNI (Min) | 2 | 4,000 | ₹216,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹108,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹108,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹216,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 5,123.46 | 2,899.84 | 2,995.07 |
| Revenue | 6,876.65 | 8,199.34 | 2,845.07 |
| Profit After Tax | 588.40 | 525.79 | -420.08 |
| Net Worth | 393.94 | -1,638.46 | -2,162.72 |
| Total Borrowing | 2,263.87 | 2,398.37 | 2,579.25 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20235,123.46
31 Mar 20232,899.84
31 Mar 20222,995.07
Period EndedRevenue
31 Dec 20236,876.65
31 Mar 20238,199.34
31 Mar 20222,845.07
Period EndedProfit After Tax
31 Dec 2023588.40
31 Mar 2023525.79
31 Mar 2022-420.08
Period EndedNet Worth
31 Dec 2023393.94
31 Mar 2023-1,638.46
31 Mar 2022-2,162.72
Period EndedTotal Borrowing
31 Dec 20232,263.87
31 Mar 20232,398.37
31 Mar 20222,579.25
Key Performance Indicator
| ROE | -0.95% |
| ROCE | 0.62% |
| Debt/Equity | 4.63 |
| RoNW | 149.49% |
| P/BV | 23.58 |
| PAT Margin (%) | 8.57 |
| EPS (Rs) | 2.92 |
ROE
-0.95%
ROCE
0.62%
Debt/Equity
4.63
RoNW
149.49%
P/BV
23.58
PAT Margin (%)
8.57
EPS (Rs)
2.92
IPO Reservation
| Anchor Investor Shares Offered | 1,834,000 (28.43%) |
| Market Maker Shares Offered | 326,000 (5.05%) |
| QIB Shares Offered | 1,226,000 (19.01%) |
| NII (HNI) Shares Offered | 920,000 (14.26%) |
| Retail Shares Offered | 2,144,000 (33.24%) |
| Total Shares Offered | 6,450,000 (100%) |
Anchor Investor Shares Offered
1,834,000 (28.43%)
Market Maker Shares Offered
326,000 (5.05%)
QIB Shares Offered
1,226,000 (19.01%)
NII (HNI) Shares Offered
920,000 (14.26%)
Retail Shares Offered
2,144,000 (33.24%)
Total Shares Offered
6,450,000 (100%)
Information about company
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.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
Capital Expenditure
Working Capital Requirements
General Corporate Purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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