Dollex Agrotech IPO

Dollex Agrotech IPO Review

Dollex Agrotech IPO Overview

Dollex Agrotech Limited, a 2013 incorporation, manufactures and trades sugar and has in-house power generation capabilities.
The business also manufactures and markets its by-products, including bagasse, mollases, and pressed materials. The bagasse is used to produce electricity. Additionally, the company generates electricity up to 3 MW of captive power.
In the fiscal year 2021–2022, Dollex Agrotech Limited generated revenues of Rs. 7,940.11 lakhs and profits after taxes of Rs. 326.90 lakhs.
Jaggery powder, Sugar, Molasses, Bagasse, Press mud, and Pharma-grade Sugar are among the company’s product offerings.
The company has reserved a space with Star Agriwarehousing & Collateral Management Limited at Khasra No. 421/1, Village Govindpur, Datia, Badoni, Madhya Pradesh for a quantity of 2000MT through an agreement dated 25-12-2021 with a Warehousing facility for storing our sugar stocks.
The government has given the corporation a 7600 square foot area to collect the farmers’ sugarcane harvest. The organization ensures these farmers’ loyalty by providing adequate incentives and help at different phases of farming.

Dollex Agrotech IPO Details

IPO Date

Dec 15, 2022 to Dec 20, 2022

Listing Date

[.]

Face Value

₹10 per share

Price

₹35 per share

Lot Size

4000 Shares

Issue Size

6,968,000 shares of ₹10

(aggregating up to ₹24.39 Cr)

Fresh Issue

4,968,000 shares of ₹10

(aggregating up to ₹17.39 Cr)

Offer for Sale

2,000,000 shares of ₹10

(aggregating up to ₹7.00 Cr)

Issue Type

Fixed Price Issue IPO

Listing At

NSE SME

NII (HNI) Shares Offered

50% of the net offer

Retail Shares Offered

50% of the net offer

Company Promoters

Mr. Mehmood Khan & Mrs. Munni Bee are the company promoters.

Dollex Agrotech IPO Financial Performance

Period Ended

Total Assets

Total Revenue

Profit After Tax

31-Mar-20

8884.95

2590.08

57.79

31-Mar-21

10499.28

7748.42

167.43

31-Mar-22

11355.87

7962.58

326.9

30-Jun-22

11093.62

840.81

151.26

Amount in ₹ Lakhs

Period Ended

Net Worth

Reserves and Surplus

Total Borrowing

31-Mar-20

1155.34

155.34

5205.23

31-Mar-21

2322.77

322.77

5025.41

31-Mar-22

2649.67

649.67

4447.31

30-Jun-22

2800.93

800.93

4560.1

Amount in ₹ Lakhs

Dollex Agrotech IPO Key Ratios

Updated Soon.

Listing Performance of Dollex Agrotech IPO

Listed On : NSE SME

Issue Price : ₹35 per share 

Listing Day Close :

Listing Day Gain :

Dollex Agrotech IPO ISIN Number Code

NSE : NA

ISIN CODE : NA

BSE : NA

Dollex Agrotech IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Dollex Agrotech IPO Important Dates

Opening Date

Dec 15, 2022

Closing Date

Dec 20, 2022

Basis of Allotment

Dec 23, 2022

Initiation of Refunds

Dec 26, 2022

Credit of Shares to Demat

Dec 27, 2022

Listing Date

Dec 28, 2022

Dollex Agrotech IPO Contact Details

205, Naroli Arcade 19/1,
Manorama Ganj, Palasia Square
Indore, Madhya Pradesh – 452001
Phone: +91 731 2495505
Email: info@dollex.in
Website: http://www.dollex.in/

Dollex Agrotech IPO Registrar Contact Details

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/

Dollex Agrotech IPO FAQ's

The Dollex Agrotech IPO is a BSE SME IPO of ₹35 per equity share with a face value of 10 per equity share.
The issue size is priced at 6,968,000 shares of ₹10 (aggregating up to ₹24.39 Cr).
The fresh issue size priced at 4,968,000 shares of ₹10 (aggregating up to ₹17.39 Cr)
The Offer for sale priced at 2,000,000 shares of ₹10 (aggregating up to ₹7.00 Cr).
The initial public offering (IPO) begins on Dec 15, 2022 and ends on Dec 20, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Dollex Agrotech IPO opens on Dec 15, 2022 and closes on Dec 20, 2022.

Dollex Agrotech IPO Market lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

The finalization of Basis of Allotment for Dollex Agrotech IPO will be done on Dec 23, 2022. and the allotted shares will be credited to your demat account by Dec 27, 2022. Check the Dollex Agrotech IPO status.

The Dollex Agrotech IPO listing date is on Dec 28, 2022.

Dollex Agrotech IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Dollex Agrotech IPO Comments