Dindigul Farm Product Ltd IPO Price Range is ₹51 - 54, with a minimum investment of ₹1,08,000 for 2000 shares.
₹1,08,000
/ 2000 shares
Minimum Investment
View Dindigul Farm Product Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.
IPO Status
Price Band
₹51 - 54
Open Date
2024-06-20
Close Date
2024-06-24
IPO Size
₹34.83 Cr
Lot Size
2000 shares
Min Investment
₹1,08,000
Listing Exchange
BSE
IPO subscribed over
🚀 188.13x
This IPO has been subscribed by 201.44x in the retail category and 145.62x in the QIB category.
Total Subscription | 188.13x |
Retail Individual Investors | 201.44x |
Qualified Institutional Buyers | 145.62x |
Non Institutional Investors | 207.05x |
Name | Dindigul Farm Product Ltdx |
Diverse product basket.
Milk procurement process.
State of the art infrastructure.
Experienced Promoters and Management Team.
The company has incurred net losses during Fiscal 2022 and Fiscal 2021 and its inability to achieve profitability in future may have an adverse effect on its operations. Further the company had negative networth for the past three fiscal years.
Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on the companys business, results of operations and financial condition.
Real or perceived product contamination could result in reduced sales, product liability and damage to its reputation, and subject it to regulatory action.
The company has experienced negative cash flows in the period ended December 23, 2023, and in Fiscal 2023, Fiscal 2022 and Fiscal 2021.
The Company is dependent on few suppliers for purchase of product. Loss of any of these largesuppliers may affect its business operations.
The company does not receive firm and long-term volume purchase commitments from its customers. If the company customers choose not to renew their supply contracts with it or continue to place orders with the company, its business and results of operations will be adversely affected.
Its business is dependent and will continue to depends on the company processing facility, and the company is subject to certain risks in its processing operations such as the breakdown or failures of equipment, industrial accidents, injury to employees, severe weather conditions and natural disasters.
The company derives a significant portion of its revenue from certain customers, and the loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its products could adversely affect the companys business, results of operations, financial condition and cash flows.
The Company has in the past not complied with the certain provisions of the Companies Act, 2013.
Its proposed expansion plan relating to the company processing facility are subject to the risk of unanticipated delays in implementation, cost overruns. If the company is unable to implement the expansion plans at the planned cost, it could materially and adversely impact its business, results of operations and financial condition.
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