Dollex Agrotech Limited
NSE SME₹140,000 / 4000 Shares
Dollex Agrotech Limited IPO Details
The Dollex Agrotech Limited IPO price band is set between ₹35 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 15 Dec, 2022 and closes on 20 Dec, 2022. Investors can check the allotment status on 23 Dec, 2022, while the listing date is tentatively scheduled for 28 Dec, 2022.
The total issue size is 6,968,000 shares of ₹10 , aggregating up to ₹24.39 Cr. Stay tuned for the latest Dollex Agrotech Limited IPO review and GMP updates.
Dollex Agrotech Limited IPO Review, Rating & Analysis
Dollex Agrotech Limited IPO Review
NO REVIEWDollex Agrotech Limited IPO Rating
Dollex Agrotech Limited IPO Highlights
IPO Date
Dec 15, 2022 - Dec 20, 2022
Listing Date
28 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹35 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Dollex Agrotech Limited IPO Lot Size
The minimum market lot for Dollex Agrotech Limited IPO is 4000 shares with an application amount of ₹1,40,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,40,000 |
| Retail (Max) | 1 | 4000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,80,000 |
| S-HNI (Max) | 7 | 28000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 32000 | ₹11,20,000 |
Dollex Agrotech Limited IPO Timeline
Issue Price
₹35 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Expert Global Consultants Private LimitedIssue 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)Dollex Agrotech Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 22 | 11093.62 | 840.81 | 151.26 | - | - | - |
| 31 Mar 22 | 11355.87 | 7962.58 | 326.9 | - | - | - |
| 31 Mar 21 | 10499.28 | 7748.42 | 167.43 | - | - | - |
| 31 Mar 20 | 8884.95 | 2590.08 | 57.79 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Mehmood Khan
- Mrs. Munni Bee
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.50% | 71.69% |
About Company
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.
Dollex Agrotech Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,308,000 | 3,308,000 | 6,616,000 |
Day 1 -15-12-22 06:00 PM | 0.78 x | 0.15 x | 0.46 x |
Day 2 -16-12-22 06:00 PM | 0.82 x | 0.38 x | 0.60 x |
Day 3 -19-12-22 06:00 PM | 1.04 x | 1.05 x | 1.05 x |
Day 4 -20-12-22 06:00 PM | 1.45 x | 2.28 x | 1.87 x |
Frequently Asked Questions about Dollex Agrotech Limited IPO
When will Dollex Agrotech Limited IPO open for subscription?
The Dollex Agrotech Limited IPO opens on 15 Dec, 2022 and closes on 20 Dec, 2022.
What is the investors portion for Dollex Agrotech Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3308000.
How to apply for Dollex Agrotech Limited IPO?
You can apply for Dollex Agrotech Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Dollex Agrotech Limited IPO?
The issue size of Dollex Agrotech Limited IPO is approx ₹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) crores.
What is the price band of Dollex Agrotech Limited IPO?
The price band for Dollex Agrotech Limited IPO is ₹35 per equity share to ₹undefined.
What is the lot size of Dollex Agrotech Limited IPO?
The minimum bid (lot size) for Dollex Agrotech Limited IPO is N/A shares with an investment of approx ₹140,000 .
What is the allotment date of Dollex Agrotech Limited IPO?
The allotment date for Dollex Agrotech Limited IPO is 23 Dec, 2022.
What is the listing date of Dollex Agrotech Limited IPO?
The listing date for Dollex Agrotech Limited IPO is expected to be 28 Dec, 2022.
What is the GMP of Dollex Agrotech Limited IPO?
The latest Grey Market Premium (GMP) for Dollex Agrotech Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.