DINDIGUL FARM PRODUCT (EnNutrica) Limited IPO GMP

EnNutrica Proteins Division, Dindigul Farm Product Pvt Ltd., manufactures World Class Dairy Ingredients with excellent Hygiene Standards, made from 99.98% Farm Fresh, Grass Fed, Carefully & Responsibly Sourced Cow's Milk. 

Dindigul IPO, a Book Built issue amounting to ₹34.83 crores, consisting entirely of a fresh issue of 64.5 lakh shares. The subscription period for the Dindigul IPO opens on June 20, 2024, and closes on June 24, 2024. The allotment is expected to be finalized on or about Tuesday, June 25, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Thursday, June 27, 2024.

The price band of Dindigul IPO is set at ₹51 to ₹54 per share, with a minimum lot size of 2000 shares. Retail investors are required to invest a minimum of ₹108,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4000 shares), amounting to ₹216,000.

BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar. SPREAD X SECURITIES PRIVATE LIMITED is also the market maker for Dindigul IPO.

Grey Market Premium (GMP) of Dindigul Farm Product Limited (EnNutrica)

The Grey Market Premium is expected in the range of ₹55 - ₹60  based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Dindigul Farm Product Limited (EnNutrica) IPO Live Subscription Status Today

As of 02:18 PM on 24 June 2024, the Dindigul Farm Product Limited (EnNutrica) IPO live subscription status shows that the IPO fully subscribed on the day 3. The Dindigul Farm Product Limited (EnNutrica) IPO subscriped 27 times at cut off price on BSE. Check the Dindigul Farm Product Limited (EnNutrica) IPO Live Subscription Status Today at BSE

Objectives of Dindigul Farm Product Limited (EnNutrica)

Dindigul Farm Product Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. Capital Expenditure
2. Working Capital Requirements
3. General Corporate Purposes

Refer to Dindigul Farm Product Limited RHP for more details about the Company.