Dindigul Farm Product Ltd

Dindigul Farm IPO

Dindigul Farm Product Ltd

₹1,08,000 /2000 sharesMinimum investment

IPO details

Minimum investment
₹1,08,000
Price range
₹54 - ₹54
Lot size
2,000
Issue size
34.83 Cr
Face value
10

Subscription rate

Data will be available soon

Schedule

20 Jun 2024
IPO open date
24 Jun 2024
IPO close date
25 Jun 2024
Allotment date
25 Jun 2024
Funds unblock or debit
27 Jun 2024
Tentative listing date

About

Established in 2010, we are primarily engaged in processing of whole milk and skimmed milk to make dairy ingredients including, milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream and butter and fat filled powders for infant milk formula. Our processing facility is situated at Dindigul and is spread over 15 acres. Our management system has been assessed and determined to comply with the requirements of FSSC 22000. We also follow and comply with requirements of various relevant authorities in our industry such as FSSAI, Halal, Kosher, Export Import Council of India, Europe Regulations in respect of certain of our products. We have also obtained registration cum membership certificate from APEDA. Our procurement operations consist of an average procurement of approximately 50,000 litres of milk directly and around 30,000-1,00,000 litres of whole milk from open market or third party suppliers. As on the date of the DRHP, we have built a network of more than 150 village collection centers, with direct access to more than 4,000 farmers and more than 50 dairy farms. We procure whole milk either directly from the farmers and through third party suppliers. The skimmed milk is procured by us from third party suppliers, majorly from our Group Company A R Dairy Food Private Limited.;
Parent organisation
Dindigul Farm Product Ltd

Dindigul Farm Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
17.6328.3281.58202120222023

Strengths & Risks

Strengths
Risks
Diverse product basket.
Milk procurement process.
State of the art infrastructure.
Experienced Promoters and Management Team.
The compaany 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.
Any increase in the cost of its raw material or a shortfall in the supply of the company's raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on its 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 does not receive firm and long-term volume purchase commitments from its customers. If the company's customers choose not to renew their supply contracts with it or continue to place orders with its, the company's business and results of operations will be adversely affected.

Application details

For Dindigul Farm IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹54 - ₹54₹2 - ₹5 Lakhs2000
High Networth Individual₹54 - ₹54₹2 - ₹5 Lakhs2000

Frequently Asked Questions