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Open
15 Dec 2022
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Close
20 Dec 2022
3
Allotment
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Listing
Wed, Dec 28, 2022
Price Band
₹35 per share
Issue Size
69,68,000 shares (agg. up to ₹24 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Dec 28, 2022
Latest GMP
₹-3
Est. Gain
-8.57%
✦ AI Insight
GMP Trend
28-12-2022₹-3Est. ₹32-8.57%
27-12-2022₹-5Est. ₹30-14.29%
26-12-2022₹-6Est. ₹29-17.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.76x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 110.94 | 113.56 | 104.99 | 88.85 |
| Total Income | 8.41 | 79.63 | 77.48 | 25.90 |
| Profit After Tax | 1.51 | 3.27 | 1.67 | 0.58 |
| NET Worth | 28.01 | 26.50 | 23.23 | 11.55 |
| Reserves and Surplus | 8.01 | 6.50 | 3.23 | 1.55 |
| Total Borrowing | 45.60 | 44.47 | 50.25 | 52.05 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the Working Capital requirements of the Company | 11.30 |
| 2 | To meet out the General Corporate Purposes | 4.00 |
About Dollex Agrotech IPO
Incorporated in 2013, Dollex Agrotech Limited is engaged in the business of manufacturing & trading sugar with captive power cogeneration capabilities. The company also produce and sells its by-products such as mollases, pressed and bagasse. The bagasse is used to generate power. Further, the company is engaged in power generation up to the captive power of 3 MW. Dollex Agrotech Limited has achieved a turnover of Rs. 7,940.11 Lakhs and a Profit after tax of Rs. 326.90 Lakhs in the Financial year 2021-2022. The company's product portfolio includes Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar. The company have booked a space through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks with Star Agriwarehousing & Collateral Management Limited, situated at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT. The company have been allotted an area of 7600 sq. ft by the government to take the sugarcane produce from the farmers. The company offer sufficient incentives and assistance in various stages of cultivation, thus ensuring loyalty from these farmers.+ Read More
Contact Details
Dollex Agrotech Ltd. Address205, Naroli Arcade 19/1Manorama GanjPalasia SquareIndore, Madhya Pradesh, 452001+91 731 2495505info@dollex.inVisit Website